The Economics Department is offering a course in Behavioral Economics (ECON 494E/694)
Behavioral Economics is an important and growing field within economics. One of its strengths is that it takes seriously findings from other disciplines – particularly psychology – but also neuroscience, sociology and others. Research in the field recognizes that the traditional assumption that people are perfectly rational is too strong. The implications of bounded rationality are being worked out in many fields of economics, finance, and in business and policy applications.
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MBA Student Mario Roncador certified as SAS Statistical Business Analyst
On October 29th MBA student Mario Roncador successfully passed the professional certification administered by the SAS Institute and earned his title of SAS Certified Statistical Business Analyst. This certification provides analyst with depth knowledge and practical experience in ANOVA, linear and logistic regression using the SAS software.
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WPMRE Movers & Shakers: Robert Erickson
Robert Erickson is a senior in the Weidner Property Management and Real Estate Program at UAA. He says he was initially interested in the program, because it provided a focus for him to advance in his business career. “I saw it as a great opportunity to learn about property management and real estate to then potentially invest in property,” says Erickson.
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Startup ‘Vertical Harvest’ in the News
College of Business and Public Policy Graduate Linda Janes (MBA 2012) co-founded the startup Vertical Harvest Hydroponics (VHH). Recently VHH has been generating a lot of interest, including a news story by local CBS affiliate KTVA Channel 11.
Watch the news story to learn more about VHH and their mission to bring fresh produce to remote locations that must otherwise use days, or even weeks old product.
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Gunnar Knapp and His ‘Budget Blocks’
On September 19th ISER and Alaska Common Ground co-hosted the "Forum on Alaska's Fiscal and Economic Future". ISER Director/Professor Gunnar Knapp went all out for the event and created some very large "Budget Blocks". They help visually demonstrate the relative scales of Alaska's budget, deficit, savings accounts, and various potential options for filling the deficit (e.g. income taxes, budget cuts, etc.). The blocks were a great way to aid understanding of some of the challenges faced trying to balance Alaska's budget. Gunnar is scheduled to give a talk at CBPP on October 9th about Alaska’s budget situation, held from 11:30 a.m. to 12:45 p.m. in Rasmuson Hall, Room 117.
Read: Gunnar Knapp and His ‘Budget Blocks’