ECON 632: Economic Systems Design Principles and Experiments

ECON 632-001: Econ Syst Design I
(Fall 2015)

04:30 PM to 07:10 PM W

Robinson Hall B106

Section Information for Fall 2015

The main objectives of this class are to familiarize you with the theory and practice of Economic System Design and to provide you with the necessary tools to understand emerging institutions and to conduct your own research if you so desire. The course is self-contained in that any economic theory necessary to understand the research and practice in this area will be provided during the semester. You, however, should be familiar with mathematical formalisms and proofs.

Course Information from the University Catalog

Credits: 3

Introduces analytical and engineering principles to develop exchange systems. Students must become familiar with literature on applied mechanism design; and understand behavioral aspects of auction systems, matching, assignment and transportation problems, and information markets. Also introduces methods for testbedding systems using experimental economics and statistical design. May not be repeated for credit.
Recommended Prerequisite: A course in linear and nonlinear optimization along with a course in linear algebra.
Registration Restrictions:

Enrollment limited to students with a class of Advanced to Candidacy, Graduate, Non-Degree or Senior Plus.

Enrollment is limited to Graduate, Non-Degree or Undergraduate level students.

Students in a Non-Degree Undergraduate degree may not enroll.

Schedule Type: Lecture
This course is graded on the Graduate Regular scale.

The University Catalog is the authoritative source for information on courses. The Schedule of Classes is the authoritative source for information on classes scheduled for this semester. See the Schedule for the most up-to-date information and see Patriot web to register for classes.