ECON 248: Labor Economics III
Theories of earnings determination with particular attention to the role of imperfect competition. Human capital theory with particular attention to education decisions and the industrial organization of the education sector. Prerequisites: assumes first-year sequences in macroeconomics, microeconomics, and econometrics.
Terms: Spr
| Units: 3-5
Instructors:
Allende Santa Cruz, C. (PI)
;
Sorkin, I. (PI)
ECON 249: Topics in Health Economics I (HRP 249, MED 249)
Course will cover various topics in health economics, from theoretical and empirical perspectives. Topics will include public financing and public policy in health care and health insurance; demand and supply of health insurance and healthcare; physicians' incentives; patient decision-making; competition policy in healthcare markets, intellectual property in the context of pharmaceutical drugs and medical technology; other aspects of interaction between public and private sectors in healthcare and health insurance markets. Key emphasis on recent work and empirical methods and modelling. Prerequisites: Micro and Econometrics first year sequences (or equivalent). Curricular prerequisites (if applicable): First year graduate Microeconomics and Econometrics sequences (or equivalent)
Terms: Spr
| Units: 3-5
Instructors:
Chan, D. (PI)
;
Mahoney, N. (PI)
ECON 260: Industrial Organization III
Course combines individual meetings and student presentations, with an aim of initiating dissertation research in industrial organization. Prerequisites:
ECON 257,
ECON 258. Enrollment by non-Econ PhD students requires instructors' consent.
Terms: Spr
| Units: 3-5
Instructors:
Einav, L. (PI)
;
Vasserman, S. (PI)
ECON 268: International Finance and Exchange Rates
Benchmark open economy models. Solution methods for macroeconomic models. Analysis and evaluation of quantitative macroeconomic models. Main applications: Sovereign debt and default; Financial crises and sudden stops; Hedging, interest parity relationships, and the determination of exchange rates; Liability dollarization.
Terms: Spr
| Units: 3-5
Instructors:
Bocola, L. (PI)
ECON 269: International Finance and Exchange Rates II
This is the second half of the international finance sequence. Part I: intertemporal approach to the current account, international real business cycle models, international risk-sharing, gains from financial integration, global imbalances, and exchange rate determination. Part 2: open-economy monetary models and currency unions. Part 3: international finance policy, capital controls and foreign exchange interventions. Part 4: sovereign debt. . Prerequisites:
Econ 210, 211, 212 and 268.
Terms: Spr
| Units: 3-5
Instructors:
Kehoe, P. (PI)
ECON 272: Intermediate Econometrics III: Methods for Applied Econometrics
Methods for modern causal inference, including identification, matching methods, instrumental variables, regression discontinuity designs, difference in differences, synthetic control methods. Prerequisites:
Econ 271 or permission of instructor.
Terms: Spr
| Units: 3-5
Instructors:
Imbens, G. (PI)
ECON 274: Advanced Econometrics II
(Formerly 273B); Possible topics: nonparametric density estimation and regression analysis; sieve approximation; contiguity; convergence of experiments; cross validation; indirect inference; resampling methods: bootstrap and subsampling; quantile regression; nonstandard asymptotic distribution theory; empirical processes; set identification and inference, large sample efficiency and optimality; multiple hypothesis testing; randomization and permutation tests; inference for dependent data.
Terms: Spr
| Units: 3-5
Instructors:
Romano, J. (PI)
ECON 280: Behavioral and Experimental Economics III
Economics 280 (formerly
ECON 277) is a course primarily directed at graduate students in the Economics department writing dissertations with behavioral or experimental components. Economics 280 is the third part of a three course sequence (along with
Econ 278 & 279). The first two quarters, which are taught primarily in lecture format, have two main objectives: 1) examining theories and evidence related to the psychology of economic decision making; 2) introducing methods of experimental economics, and exploring major subject areas (including those not falling within behavioral economics) that have been addressed through laboratory experiments. Focuses on series of experiments that build on one another in an effort to test between competing theoretical frameworks, with the objectives of improving the explanatory and predictive performance of standard models, and of providing a foundation for more reliable normative analyses of policy issues. This third quarter is a practicum, focused on students who have taken (at least one of) the first two quarters and who are now preparing an experimental or behavioral study of their own. Prerequisites: Non-Econ Phd students must complete 204 and 271, or have consent of instructor.
Terms: Spr
| Units: 3-5
ECON 284: Simplicity and Complexity in Economic Theory (CS 360)
Technology has enabled the emergence of economic systems of formerly inconceivable complexity. Nevertheless, some technology-related economic problems are so complex that either supercomputers cannot solve them in a reasonable time, or they are too complex for humans to comprehend. Thus, modern economic designs must still be simple enough for humans to understand, and must address computationally complex problems in an efficient fashion. This topics course explores simplicity and complexity in economics, primarily via theoretical models. We will focus on recent advances. Key topics include (but are not limited to) resource allocation in complex environments, communication complexity and information aggregation in markets, robust mechanisms, dynamic matching theory, influence maximization in networks, and the design of simple (user-friendly) mechanisms. Some applications include paired kidney exchange, auctions for electricity and for radio spectrum, ride-sharing platforms, and the diffusion of information. Prerequisites:
Econ 203 or equivalent.
Terms: Spr
| Units: 3-5
Instructors:
Akbarpour, M. (PI)
ECON 290: Multiperson Decision Theory
Students and faculty review and present recent research papers on basic theories and economic applications of decision theory, game theory and mechanism design. Applications include market design and analyses of incentives and strategic behavior in markets, and selected topics such as auctions, bargaining, contracting, and computation.
Terms: Spr
| Units: 3
Instructors:
Wilson, R. (PI)
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