AEM 6700 - Economics of Consumer Demand

Fall. 3 credits. S–U or letter grades.

Prerequisites: ECON 3110 or ECON 3130 and two semesters of calculus.

C. K. Ranney.

Graduate-level introduction to theory and empirical research on household demand, consumption, and saving. Emphasizes the use of the theory in empirical research. Topics include neoclassical theory of demand, duality, complete demand systems, conditional demand, demographic scaling and translating, consumption, and savings. As time allows, Becker and Lancaster models of demand may be introduced.