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Complexity Economics (328-0-20)


Eric Gerald Schulz

Meeting Info

Technological Institute L361: Mon, Wed, Fri 2:00PM - 3:20PM

Overview of class

Economists have found it useful to relax the traditional assumptions of an economy in equilibrium populated by agents who are perfectly rational. Complexity economics is one alternative approach that assumes that markets may not be in equilibrium and that the people in the economy may not perfectly understand their environment. They face fundamental uncertainty in their decision-making.

Registration Requirements

ECON 281-0, ECON 310-1, ECON 310-2, ECON 311-0

Evaluation Method

Two exams, a paper/project. Problem sets will also be assigned.

Enrollment Requirements

Enrollment Requirements: Pre-requisite: Students must have taken ECON 310-1 or MMSS 211-1 and ECON 281 or ECON 381-1 or MATH 386-1 or IEMS 304 or STAT 350 to successfully enroll in this course.