Modelling Consumer Demand, 10 – 11 February 2003
Tutor: Dr Ian Preston (IFS and University College London)
The modelling of the consumer purchasing goods so as best to satisfy
their
preferences within a limited budget is at the core of applied
microeconomics. Consumer theory provides the basic modelling tools from
which are developed tools used throughout the economic modeling of
household behaviour. It also underpins applied welfare analysis and
therefore the economic approach to many questions of public policy. This
course will cover the theory essential to modelling of demand responses
to price, income and demographic change. Practical applications can use
a variety of types of data and the course will cover appropriate
modelling
choices in terms of model specification and econometric techniques,
using
actual data.
For further details and booking form, please visit
http://cemmap.ifs.org.uk/modelcd.shtml
--
Frank Windmeijer
Centre for Microdata Methods and Practice
Institute for Fiscal Studies
7 Ridgmount Street
London WC1E 7AE
http://cemmap.ifs.org.uk
tel: +44.(0)20.7291.4800
fax: +44.(0)20.7323.4780
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