65 courses with the subject ECON, each shown exactly as we captured it from the college's catalog, with every element we hold. Where the wording looks broken, that is our reading of the catalog, not the college's text.
ECON 201Principles of Microeconomics4.0
What is produced in an economy? How is it produced? Who gets the product? When do markets succeed or fail? To answer these and many other fundamental questions related to the real-world behavior of consumers and firms, this course will teach you how to think like an economist. It will introduce you to economics and microeconomic theory with an emphasis on policy and empirical applications. You will develop skills, insights, and working knowledge of economics that are crucial for successful decisions by consumers, business executives, policymakers, entrepreneurs, and global leaders.
Examines measurement, growth, and fluctuation of aggregate economic activity. Includes national income accounting and explains determination of output, employment, and price level. Also provides an introduction to international economics, money and banking, and economic policy. Some or all pre-requisites may be taken as either a pre-requisite or co-requisite. Please see the department for more information.
This course will introduce students to the application of economic principles for a variety of policy-relevant topics covered in more advanced economics classes. Examples of applications may include the analysis of financial and economic crises, mergers, free trade agreements, social security, and unemployment.
Examine the health care industry from an economic perspective, including demand, cost-benefit analysis, insurance, supply constraints, and the role of the government.
The purpose of the Mathematical Models in Economics course is to cover basic calculus optimization as applied in economics contexts to prepare students for intermediate level economics courses. While the main tools for the course are obviously math tools, they are math used in business and economic analysis, modeling, and research. The course will go over applications of unconstrained and constrained optimization to microeconomics, macroeconomics, and econometrics and make the connections between the tools we cover and their uses. That will also include both single and multi-variate calculus applications and the conditions for optimality. Economic interpretation of the math is more important than the math itself and the real focus of the course.
Introduces the basic ideas of game theory with a minimum of mathematics; and discuses application to economics, politics, business, behavioral science, philosophy, population biology and engineering.
Discusses economic topics relevant to the role and varieties of small businesses in industrialized economies, and to government policy with respect to small business.
ECON 270Using Big Data to Solve Economic and Social Problems4.0
This course shows how big data can be used to understand and address some of the most important social and economic problems of our time. The course introduces students to research questions and policy applications in economics and social science in a non-technical manner that does not require prior coursework in economics or statistics, making it suitable both for students exploring economics for the first time as well as for more advanced students. The course will cover topics such as equality of opportunity, education, innovation and entrepreneurship, health care, climate change, tax policy, globalization, and the COVID-19 pandemic. In the context of these topics, the course will also introduce the basics of data science, including regression, causal inference, and machine learning.
Examines theory of the firm and theory of the consumer in a rigorous fashion. Also covers risk and uncertainty, price determination, market failures, and analysis of various government policies.
Provides an in-depth introduction to dominant theories behind short-run economic fluctuations and long-run economic growth. Employs both mathematical and graphical tools to discuss determination of output, employment, and price level in the aggregate economy. Also covers effectiveness of monetary and fiscal policies in dealing with unemployment and inflation.
This course will discuss applications of survey studies of subjective well-being or “happiness” to economics and public policy, with some of the philosophic issues that arise from this.
Covers applied economics relevant for decision-making processes. Emphasizes profit management, demand and cost analysis, pricing, and government policy.
This course covers fundamental issues in open economy macroeconomics. We will learn about how fiscal and monetary policy work when the economy is open to international trade in goods and services and to international capital flows. We will also study the effects of these policies on the current account and the exchange rate. The course treatment will be mainly theoretical. However, we will frequently refer to features of the international financial markets data, and we will use examples, case studies, readings, videos and policy applications to illustrate the findings of the theory and/or to try to bridge the gap between the predictions of theoretical models and real world developments.
This course explores the role of government in the economy. Students will analyze the rationales for government policies as well as their implications for equity and efficiency. Much of the course will center on current policy issues related to the national debt, Social Security, education, environmental protection and taxation. Both theoretical applications and empirical findings will be discussed.
Develops an understanding of how labor institutions operate to determine wages and employment. Examines alternative policy questions involving unemployment and inflation, collective bargaining, investment in education and training, and other labor-related questions. Requires students to apply theoretical and empirical abilities to research a labor-related issue and improve the ability to think clearly and communicate effectively.
Examines observational studies of industries with respect to competitive or non-competitive structure, conduct, and performance. Considers implications of profitability, technological innovation, antitrust policy, and competitiveness in trade. Reviews problems of measurement and sources of data.
Covers topics including driving forces of economic growth, economic planning, income distribution and poverty, labor migration, capital markets and saving, international debt problems and global economic crisis. Emphasizes underlying theories and realities of economic growth and development of less developed economies and emerging economies.
Discusses the application of mathematics in economic models, with extensive discussion of economic applications of linear algebra and calculus. Considers implications of the assumptions of maximization of profits and utility. Stresses mathematical models and techniques useful in statistical applications of economics.
Applies statistics to economics, with emphasis on the special problems of statistical analysis of economic data, sources of data, and examples of applications and models. Covers forecasting the impacts of changing economic policy and of developments in industrial markets using economic-statistical models.
Examines the microeconomic and quantitative aspects of markets for both renewable and exhaustible resources, and the interaction between the energy and resource sectors of the economy and between the productive sectors of the economy and the natural environment, with evaluation of major public policy initiatives and issues in these areas.
This is a course about the role of money and financial intermediation in modern economies and therefore the environment in which businesses operate. The course is organized around three sets of questions. First, what is money and why is it necessary? How can seemingly worthless paper serve a key purpose in a market economy? Second, what is the role of banks, both historically and in the more complex financial system of today? What are the origins of banking panics such as those experienced at the onset of the Great Depression or during the 2007-08 financial crisis? Third, how do central banks conduct monetary policy and what types of policies should the Federal Reserve and other government agencies follow to prevent financial crises?.
Introduce time-series econometric models and provide tools for empirical analysis using time-series economic and financial data, with specific emphasis on application and forecasting.
This course covers the economics of health and health care. Students will study how health is produced, how health insurance markets work, the government role in health care, cost benefit analysis, and the markets for medical education, pharmaceuticals and physician and hospital services. Students will learn to analyze health systems on grounds of efficiency and equity, and to assess the credibility of research in health economics and health policy. This course should be of interest to students who are interested in public policy issues surrounding health, health care, health in developing nations and health care reform.
This course provides a systematic introduction to behavioral economics, the field aimed at modeling and understanding how individuals make decisions based on psychological and experimental evidence. The course will introduce the main behavioral patterns underlying some of the most important areas of economic decision making. Examples include consumption and saving decisions, choice under risk, as well as social and strategic interactions. Students will also learn the models that try to explain these behaviors and their applications to policy making.
This course covers important topics in behavioral economics, the field aimed at modeling and understanding how individuals make decisions based on psychological and experimental evidence. The course focuses on behavioral insights about social and strategic interaction, behavioral industrial organization, behavioral economic policy and experimental economics. The course will also introduce students to empirical analysis of choice data and to the design and implementation of experiments.
This course covers state-of-the-art statistical techniques for identifying causal effects. Students will study these techniques by applying them to data used in published papers from a variety of fields in economics and social science (e.g. health, labor, environment, business, taxation).
ECON 380Economic Crises: The American Experience4.0
This class examines the economic and political events of the U.S. in the 19th, 20th and early 21st centuries. The course combines economics, politics, and history to get a wide (but by no means comprehensive) view of the issues, politics, and events that have shaped the course of the US economy for the last 100+ years. Special attention will be given to economic panics and crises and how financial markets respond to calamity, including what gave rise to panics and crises, and their aftermath, along with a study of how they shaped future institutions, regulations, and policy.
ECON 540Intro to Econometrics and Data Analysis3.0
This course will provide students with a hands-on introduction to econometrics, emphasizing both theory and applications. The applied side of the course will focus on developing students' data manipulation and programming skills in econometric software. The theory side of the course will cover basic probability theory, hypothesis testing, simple linear regression and multiple regression models.
Discusses the application of mathematics in economic models, with extensive discussion of economic applications of calculus and other mathematical tools. Considers implications of the assumptions of maximization of profits and utility. Stresses mathematical models and techniques useful in theoretical and applied applications of economics.
This course is an applied course in econometrics for Masters students and covers some statistical tools to understand economic relationships. Economic applications will be discussed and real economic data will be analyzed.
The objectives of this course are to introduce the students to time series econometric models and to provide them with tools for empirical analysis using time series economic and financial data, with specific emphasis on application and forecasting.
This course develops microeconomic theory with advanced mathematical tools. It covers models of consumer behavior and individual decision making including responses to price and income changes, choice over time, and choice under uncertainty. Students will also learn how technology and cost affect firm decisions, and how consumer and producer behavior interact to determine prices in competitive markets. The course includes applications of microeconomic theory to policy making.
Provides an in-depth analysis of dominant theories behind short-run economic fluctuations and long-run economic growth. Employs both mathematical and graphical tools to discuss determination of output, employment, and price level in the aggregate economy. Also covers effectiveness of monetary and fiscal policies in dealing with unemployment and inflation. Emphasizes the use of theory to understand past and current macroeconomic events.
ECON 616Public Finance and Cost Benefit Analysis3.0
Introduces market failure as a justification for government provision of public goods and regulation. Covers public choice theory and cost-benefit analysis for public expenditure, impact of taxation on efficiency, incidence of taxes, personal and corporate income taxes, and fiscal federalism.
ECON 621Business, Government, and Global Macroeconomics3.0
The emergence of a globalized and interconnected economy means that adverse macroeconomic events can greatly impact a firm’s performance. Witness for example the 2007-08 financial crisis and ensuing recession in the US, or the fiscal crises in Europe. To effectively respond to these risks and opportunities, business leaders need to have a sound understanding of the key economic and institutional factors that affect their firm’s environment. Relying primarily on a case-based learning approach, we will study key macroeconomic events and policies that have had widespread implications for society and firms doing business in a country. The experience gained from analyzing these phenomena with a coherent framework will provide managers with a competitive advantage.
The course applies economic concepts to the study of real estate markets, including the determinants of urban development, residential and commercial construction and investment, real estate prices, and rents. We will examine how national and local economic policies impact the supply and demand for housing and housing prices, and how government policies can correct for or exacerbate market imperfections.
This course will provide students with the theoretical and empirical tools to determine how markets work and to answer a variety of policy-relevant questions. For each topic, students will use real data and court documents to justify their conclusions, so econometrics is a prerequisite for taking the course.
This course reviews the major theories of international trade. It then introduces a series of trade policy instruments, and analyzes their effects on various economic outcomes. It develops a practical guide to benchmark partial and general equilibrium analysis of the effects of trade policy. Students will also address policy issues of current and ongoing concern.
ECON 650Business & Economic Strategy: Game Theory & Applications3.0
This course discusses business strategy in the context of the "game theory" approach to strategic interaction, with additional tools drawn from industrial organization and economic theory. Alternative approaches to pricing strategy, strategic investment, strategies of technological innovation, market entry, and information release; strategy for design of and participation in auctions.
The Economics Seminar is a course designed to give students who have completed the first four quarters of the MS program in economics an opportunity to put what they have learned to work, and gain wider and deeper knowledge of the field, through discussions and writing.
The purpose of this course is to provide Ph.D. students with a survey of the basic math tools applied in the study of Microeconomics, Macroeconomics, Econometrics and related areas such as Finance.
This course is intended to introduce the student to a rigorous treatment of Microeconomic Theory. Topics include an introduction to choice theory; the representative consumer's utility maximization problem; and the firm's profit maximization problem and choice under certainty.
This course is a continuation of Advanced Microeconomics I. Topics to be covered include competitive markets, oligopoly model, adverse selection, signaling, screening, moral hazard, the principle-agent problem and auctions.
This course introduces student to the basic tools and structures used in modern macroeconomic research. The course covers basic general equilibrium models of business cycles and growth including two period models: finite horizon models and infinite horizon models in both discrete and continuous time.
This course introduces students to models and techniques used extensively in macroeconomics. While focusing on tools, the course presents and discusses competing theories of monetary aspects of macroeconomic and short-run fluctuations in a closed economy, with several extensions to the open-economy setting.
This course introduces students to advanced methods and current research in Macroeconomics. The course will focus on dynamic macroeconomic models including theory, policy implications and numerical solution methods. Topics will be selected from Growth Theory, DSGE models, Calibration, Labor, Monetary Economics, Search Theory, and Banking and Business Cycles.
This course is designed to give students in-depth knowledge of the models used to investigate the interactions between real and monetary factors. Topics covered include short-run real effects of monetary policy, the credit channel of money, and types and effectiveness of monetary policy rules.
This course is an introduction to applied econometric techniques beyond Ordinary Least Squares (OLS). Many of the questions that arise in economics cannot be studied using linear estimation methods. Nonlinear estimation techniques will be presented with emphasis on interesting economic questions that can be analyzed using these methods.
This course examines advanced topics in time-series econometrics and its application to economic/finance research, unit-root tests, bivariate and multivate co-integration relationships, causality and error correction models, vector autoregression models, and the time-varying heteroskedastic behavior of economic and financial data.
This course provides an advanced, in-depth study of many of the popular techniques used in the analysis of microeconomic data. Topics will include panel data, identification of causal effects, and Generalized Method of Moments estimation. The course will present theoretical models but will stress the implementation of the models to applied settings and the interpretation of the empirical results.
This course is an introduction to theoretical industrial organization. We will examine how firms interact in markets characterized by imperfect competition.
This course introduces the student to research methods in industrial organization. The primary focus is on the use of empirical analysis, although relevant theoretical papers are discussed.
This course will be team-taught by Economics faculty members whose research interest lie in the areas of Industrial Organization (theoretical and applied). It will be a continuation of IO-I (theory) and IO-II (applied).
This course provides the student with an understanding of the theory of International Economics and some empirical issues. Topics include: determinants of trade patterns, gains from trade, international factor mobility, factor market distortions, strategic trade policy, and issues related to the theory of commercial policy and international finance.
This course emphasizes macroeconomic issues and policies in an open-economy setting. Topics covered include: monetary and exchange rate regimes, international capital flows, and current issues in international macroeconomic policy.
This course is the last of a three-course sequence of international trade at the graduate level. The course will be jointly taught by faculty with expertise in theoretical and/or empirical aspects of international trade and public policy.
The objective of the course is to introduce students to current/relevant topics in open economy macroeconomics (OEM) and international finance (IF) and get them started on their own individual research. The course emphasizes international macroeconomic and financial topics in an open-economy setting and relevant international policy issues. The course is organized as a broad-based reading on main issues in OEM/IF and producing and presenting a research paper.
This course introduces concepts and tools of game theory as they enter into business and economics research. Topics to be covers include Nash equilibrium, games in extensive form and repeated games, together with critical and scholarly controversies about game theory.
