ADEC 7401 Operations Research in Applied Economics
This course provides an introduction to the use of operations research methods in economics. For this purpose, the course starts with a brief review of the basics from microeconomic theory, calculus and linear algebra, which is followed by the conceptual foundations of economic modeling and the applications of optimization techniques on various economic problems. The course provides a very sound perspective on how to use operations research techniques in any kind of economic and managerial decision making, which has becoming an increasingly sought after skill. We will work on various problems, including portfolio management, resource management, environment and energy related regulations, etc.
Course overview
- Department
- Advancing Studies
- School
- ADV
- Credits
- 3
- Level
- Graduate
- Offered
- Periodically in the Fall
Catalog details
Course evaluations
- Course rating
- 4.29 / 5 · Very Good
- Instructor rating
- 4.43 / 5 · Very Good
- Terms evaluated
- 3
| Term | Instructor | Course overall | Instructor overall | Well organized | Clear learning objectives | Intellectually challenging | Helpful assignments | Applicable beyond course | Attendance necessary | Weekly effort | Responses |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fall 2025 | Marc Chale | 4.7 | 4.7 | 4.8 | 4.8 | 5.0 | 4.8 | 4.8 | 5.0 | 7–9 hrs/week | 6 of 9 |
| Fall 2024 | Marc Chale | 4.5 | 4.4 | 4.5 | 4.7 | 4.3 | 4.5 | 4.7 | 4.4 | 7–9 hrs/week | 6 of 13 |
| Fall 2023 | Marc Chale | — | — | — | — | — | — | — | — | — | 12 of 15 |