Microeconomics: The study of the behaviour of small economic units, such as individual consumers, households or companies. It focuses on the determination of the prices that induce these agents to act, including wages for labour and return rates of investment funds. These concerns cover issues of demand and supply, welfare and distribution.
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The Bonn Graduate School of Economics is designed for highly qualified students with a strong interest in quantitative economic research. The successful completion of the program will qualify students for positions in academic institutions, industry, political and public administration.
An intermediate text by David Friedman
A discussion of risk and uncertainty and an applet demonstrating how to calculate a certainty equivalent for risk averse or risk seeking individuals.
Economist Steven Levitt talks about his new book, "Freakonomics." A professor at the University of Chicago, Levitt uses statistics to examine matters of everyday life, often with unexpected results. [10:31 streaming audio broadcast]
(April 01, 2005)
A discussion of risk and uncertainty and an applet demonstrating how to calculate a certainty equivalent for risk averse or risk seeking individuals.
The Bonn Graduate School of Economics is designed for highly qualified students with a strong interest in quantitative economic research. The successful completion of the program will qualify students for positions in academic institutions, industry, political and public administration.
An intermediate text by David Friedman
Economist Steven Levitt talks about his new book, "Freakonomics." A professor at the University of Chicago, Levitt uses statistics to examine matters of everyday life, often with unexpected results. [10:31 streaming audio broadcast]
(April 01, 2005)
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- Recently edited by merlin1