Course Descriptions

01:220:481 Economics of Uncertainty (3)

  • Credits: 3
  • Minor: Minor in Quantitative Economics
  • Certificate: Certificate in Computational Economics and Data Analytics, Certificate in Economic Theory, Certificate in Financial Economics, Certificate In Quantitative Economics

Measurement of risk, attitudes toward risk, decision making under uncertainty, Bayesian decision theory, applications to asset markets. Prerequisites: 01:220:320; 01:960:211 or 285; 01:640:136 or 152.
Credit not given for both this course and 01:220:405.