ADEC 7201 Applied Microeconomic Theory
This course examines the basic models economists use to study the choices made by consumers, investors, firms, and government officials, and how these choices affect markets. The course focuses on both policy applications and business strategies. Topics include optimization, consumer choice, firm behavior, market structures, risk and uncertainty, and welfare economics.
Course overview
- Department
- Advancing Studies
- School
- ADV
- Credits
- 3
- Level
- Graduate
- Offered
- Every Spring
Course evaluations
- Course rating
- 4.01 / 5 · Very Good
- Instructor rating
- 4.22 / 5 · Very Good
- Terms evaluated
- 13
| Term | Instructor | Course overall | Instructor overall | Well organized | Clear learning objectives | Intellectually challenging | Helpful assignments | Applicable beyond course | Attendance necessary | Weekly effort | Responses |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Spring 2026 (midterm) | Aleksandar Tomic | 4.3 | 4.5 | 4.5 | 4.6 | 4.5 | 4.6 | 4.6 | 3.6 | 10+ hrs/week | 14 of 18 |
| Fall 2025 | Aleksandar Tomic | 4.0 | 4.0 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.0 | — | 2 of 4 |
| Fall 2025 (midterm) | Aleksandar Tomic | 4.3 | 4.4 | 4.3 | 4.4 | 4.4 | 4.5 | 4.6 | 2.8 | 10+ hrs/week | 8 of 13 |
| Summer 2025 | Aleksandar Tomic | 3.7 | 4.0 | 4.2 | 4.2 | 4.5 | 4.2 | 4.7 | 2.4 | 10+ hrs/week | 6 of 12 |
| Spring 2025 (midterm) | Aleksandar Tomic | 4.2 | 4.5 | 4.5 | 4.6 | 4.7 | 4.1 | 4.5 | 3.9 | 7–9 hrs/week | 10 of 16 |
| Fall 2024 | Aleksandar Tomic | 3.9 | 4.1 | 4.5 | 4.4 | 4.5 | 4.0 | 4.5 | 3.3 | 10+ hrs/week | 20 of 25 |
| Fall 2024 | Piyush Chandra | 4.3 | 4.3 | 4.5 | 4.5 | 5.0 | 5.0 | 4.8 | 5.0 | 10+ hrs/week | 4 of 10 |
| Spring 2024 | Piyush Chandra | 3.6 | 4.1 | 4.4 | 4.4 | 4.6 | 4.4 | 4.1 | 4.4 | 10+ hrs/week | 8 of 9 |
| Spring 2024 (midterm) | Aleksandar Tomic | 3.9 | 4.1 | 4.4 | 4.5 | 4.4 | 4.2 | 4.5 | 3.4 | — | 17 of 20 |
| Fall 2023 | Piyush Chandra | 4.5 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 4–6 hrs/week | 4 of 5 |
| Fall 2023 (midterm) | Aleksandar Tomic | 3.8 | 3.8 | 4.2 | 4.0 | 4.2 | 4.3 | 4.5 | 3.0 | — | 13 of 16 |
| Summer 2023 | Aleksandar Tomic | — | — | — | — | — | — | — | — | — | 2 of 8 |
| Spring 2023 | Aleksandar Tomic | — | — | — | — | — | — | — | — | — | 16 of 18 |
| Spring 2023 | Piyush Chandra | 4.0 | 3.8 | 4.8 | 4.8 | 4.8 | 4.0 | 5.0 | 5.0 | 7–9 hrs/week | 4 of 5 |
| Fall 2022 | Aleksandar Tomic | 4.5 | 4.3 | 5.0 | 5.0 | 5.0 | 4.3 | 4.8 | 5.0 | 10+ hrs/week | 4 of 7 |
| Fall 2022 | Piyush Chandra | 3.5 | 3.7 | 4.5 | 4.5 | 4.8 | 4.8 | 4.7 | 5.0 | 10+ hrs/week | 6 of 16 |
| Fall 2022 (midterm) | Aleksandar Tomic | 4.2 | 4.4 | 4.6 | 4.7 | 4.2 | 4.6 | 4.5 | 4.0 | 10+ hrs/week | 10 of 18 |
| Summer 2022 | Aleksandar Tomic | 4.0 | 4.0 | 4.0 | 4.0 | 4.0 | 5.0 | 4.0 | 3.0 | 1–3 hrs/week | 1 of 13 |
| Spring 2022 | Piyush Chandra | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 5.0 | 7–9 hrs/week | 1 of 2 |
| Spring 2022 (midterm) | Aleksandar Tomic | 4.2 | 4.3 | 4.6 | 4.6 | 4.4 | 3.8 | 4.2 | 3.4 | — | 10 of 17 |
| Fall 2021 | Piyush Chandra | 4.0 | 4.5 | 4.4 | 4.6 | 4.4 | 4.6 | 4.5 | 5.0 | 10+ hrs/week | 11 of 18 |
| Fall 2021 (midterm) | Aleksandar Tomic | 4.0 | 4.7 | 4.8 | 4.8 | 4.5 | 4.2 | 4.2 | 4.0 | 7–9 hrs/week | 6 of 15 |