| Course Number |
Course Title
and Description
|
|
8001-8004
|
Microeconomic Analysis
Theories of consumer demand, producer
supply, and market equilibrium; general equilibrium and welfare.
Sample topics: externalities, economics of information and
uncertainty, and game theory. |
| 8101-8104 |
Microeconomic Theory
Decision problems faced by the household
and firm; theories of choice under conditions of certainty
and uncertainty. Partial equilibrium analysis of competition
and monopoly. General equilibrium analysis. Welfare economics:
economic efficiency of alternative market structures, social
welfare functions. Dynamics: stability of markets, capital
theory. |
| 8105-8108 |
Macroeconomic Theory
Dynamic general equilibrium models:
solving for paths of interest rates, consumption, investment,
prices. Models with uncertainty, search, matching, indivisibilities,
private information. Implications for measurement and data
reporting. Overlapping generations and dynasty models. Variational
and recursive methods.
|
| 8111-8113 |
Introduction to Mathematical Economics
Use of mathematical models in
economic theory.
|
| 8117-8118 |
Noncooperative Game Theory
Solution concepts for noncooperative
games in normal form, including Nash and perfect equilibrium
and stable sets of equilibria. Extensive form games of perfect
and incomplete information, sequential equilibrium, and consequences
of stability for extensive form. Applications including bargaining
and auctions. |
| 8119 |
Cooperative Game Theory
Basics of cooperative game theory,
emphasizing concepts used in economics. Games with and without
transferable utility; the core, the value, and other solution
concepts. Recent results, including potentials, reduced games,
consistency, and noncooperative implementation of cooperative
solution concepts. |
| 8124-8125 |
History of Economic Thought
Selected topics, emphasizing
development of theoretical topics.
|
| 8181-8182 |
Advanced Topics in Microeconomics
Faculty and student presentations
based on recent literature. |
| 8185-8186 |
Advanced Topics in Macroeconomics
Faculty and student presentations
based on recent literature. |
| 8191-8192 |
Workshop in Mathematical Economics |
| 8201-8204 |
Econometric Analysis
Basic linear regression model, its
variants. Panel data, censored/truncated regression, discrete
choice models. Time series, simultaneous equation models.
|
| 8205-8208 |
Applied Econometrics
Application in research,
including classical and Bayesian approaches; formulation,
comparison, and use of models and hypotheses; inference and
prediction in structural models; simulation methods.
|
| 8211-8213 |
Econometrics
Linear regression; general linear
hypotheses; Gauss Markov Theorem, generalized least squares
and their applications. Decision-theoretic choice among estimators.
Simultaneous equations models; identification and estimation.
Asymptotic distribution theory. Applications, including multivariate
time series models and/or limited dependent variables models.
|
| 8281-8282 |
Advanced Topics in Econometrics
Faculty and student presentations
based on recent literature. |
| 8291-8292 |
Workshop in Econometrics |
| 8311-8313 |
Economic Growth and Development
Methods of analyzing dynamical
systems; applying methods to new models of growth and development;
deriving and evaluating models' quantitative implications
in light of growth and development in a number of countries.
|
| 8381-8382 |
Advanced Topics in Growth and Development
Faculty and student presentations
based on recent literature. |
| 8391-8392 |
Workshop in Growth and Development |
| 8401 |
International Trade and Payments Theory
Impact of trade on factor rentals.
Stolper-Samuelson, Rybczynski, and factor price equalization
theorems. Heckscher-Ohlin theorem. Derivation of offer curves
and general international equilibrium. Transfer problem. |
| 8402 |
International Trade and Payments Theory
Tariffs, quotas, and other barriers
to trade; gains from trade; trading blocs; increasing returns;
growth. |
| 8403 |
International Trade and Payments Theory
International business cycles; exchange
rates; capital movements; international liquidity. |
| 8481-8482 |
Advanced Topics in International Trade
Faculty and student presentations
based on recent literature. |
| 8491-8492 |
Workshop in Trade and Development |
| 8501-8502 |
Wages and Employment
Economic analysis of labor markets
and their operation under conditions of both individual and
collective bargaining. Implications of labor market operations
for resource allocation, wage and price stability, income
and employment growth. Wage structures and wage levels. Wage
and employment theories and practices. Economic impacts of
unions. |
| 8581-8582 |
Advanced Topics in Labor Economics
Faculty and student presentations
based on recent literature. |
| 8601-8603 |
Industrial Organization and Government
Regulation
Behavior of businesses and
industries: productivity, firm size distributions, exit-entry
dynamics, etc. Theories of the firm, industry structure and
performance, invention and innovation, and technology adoption.
Positive and normative theories of regulation. |
| 8681-8682 |
Advanced Topics in Industrial Organization
Faculty and student presentations
based on recent literature. |
| 8691-8692 |
Workshop in Applied Microeconomics |
| 8701-8703 |
Monetary Economics
Economic role of principal financial
institutions. Determinants of value of money. Principal problems
of monetary policy. |
| 8704-8706 |
Financial Economics
Role of financial institutions in
efficient allocation of risk; multiperiod and continuous-time
securities markets; theory of firm under uncertainty; financial
intermediation; derivation of empirical asset-pricing relationships;
tests concerning alternative market structures. |
| 8781-8782 |
Advanced Topics in Monetary Economics
Faculty and student presentations
based on recent literature. |
| 8791-8792 |
Workshop in Macroeconomics |
| 8801-8803 |
Public Economics
Theories of public choice and role
of government in economy. Economic effects of taxes, public
debt, and public expenditure. Current problems in economics
of public sector, including political economy. |
| 8881-8882 |
Advanced Topics in Public Economics
Faculty and student presentations
based on recent literature. |
| 8891-8892 |
Workshop in Public Economics and Policy |
| 8990 |
Individual Graduate Research |
