ECON 3521 - Economics of Risk and Uncertainty

Institution:

Temple University

Subject:

Description:

This course introduces students to the issues of risk and uncertainty that have become a standard part of microeconomic analysis and applied economics: expected utility theory and its criticism, applications of expected utility theory and economic and game-theoretic equilibrium analysis to insurance economics, incentives (moral hazard and adverse selection), and economic organization (theory of contracts).

Credits:

3.00

Credit Hours:

Prerequisites:

ECON 1102 (C052), STAT 1001 (C011) and 2102 (0022) or 2103; or permission of instructor

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

WWW.TEMPLE.EDU

Phone Number:

(215) 204-7000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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