Course Catalog - 2022-2023

     

ECON 513 - ECONOMICS OF INSURANCE

Long Title: ECONOMICS OF INSURANCE
Department: Economics
Grade Mode: Standard Letter
Language of Instruction: Taught in English
Course Type: Lecture/Laboratory
Credit Hours: 3
Restrictions:
Must be enrolled in one of the following Level(s):
Graduate
Prerequisite(s): ECON 501 AND ECON 510
Description: This course will cover the theory of insurance, including classic and some behavioral models of insurance demand. The course will heavily focus on estimation techniques including estimating demand for insurance, tests for moral hazard and selection, insurance design, and measures of welfare. Empirical topics will include property insurance, health insurance, annuities, life insurance, and unemployment insurance.