ECON 1: Principles of Economics
The economic way of thinking and the functioning of a modern market economy. The behavior of consumers and firms. Markets for goods and inputs. Analysis of macroeconomic variables: output, employment, inflation, interest rate. Determination of long-run growth and short-term fluctuations. The role of government: regulation, monetary, and fiscal policy.
Terms: Aut, Win, Spr, Sum
| Units: 5
| UG Reqs: WAY-SI, GER:DB-SocSci
Instructors:
Clerici-Arias, M. (PI)
;
Duggan, M. (PI)
;
Guo, A. (PI)
...
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Instructors:
Clerici-Arias, M. (PI)
;
Duggan, M. (PI)
;
Guo, A. (PI)
;
Leeson, R. (PI)
;
Morten, M. (PI)
;
Taylor, J. (PI)
;
Barton, B. (TA)
;
Bell, N. (TA)
;
Chung, J. (TA)
;
Dagenais, G. (TA)
;
Huang, J. (TA)
;
Lao, J. (TA)
;
Li, S. (TA)
;
Nguyen, K. (TA)
;
Nguyen, T. (TA)
;
Pons Benaiges, O. (TA)
;
Tosborvorn, A. (TA)
;
Tsirekidze, D. (TA)
;
Yoon, J. (TA)
;
Zheng, Y. (TA)
ECON 10: Microcosm of Silicon Valley and Wall Street
Seminar in applied economics with focus on the microcosm of Silicon Valley, how growth companies are originated, managed and financed from start-up to IPO. Round-table discussion format. Applicable to those students with an interest in technology company formation, growth and finance including interaction with Wall Street. Enrollment limited to 10 juniors, seniors and co-term students.
Terms: Aut, Win, Spr
| Units: 1
Instructors:
Shanahan, T. (PI)
ECON 18C: Real World Policy Makers Discuss How the U.S. Can Compete in a Global Economy
Silicon Valley leaders and academic economists often do not understand the political constraints policy-makers face when it comes to economic decision-making. We will invite think tank leaders, political leaders, former administration officials, and labor leaders to shed light on what is driving the current economic thinking in Washington. We will explore how Washington views Silicon Valley, and what Silicon Valley companies can do to improve their perception in the Beltway. We also will discuss why Washington policy-makers matter to the future of the Valley, and what they can learn from business leaders here.
Terms: Spr
| Units: 1
Instructors:
DeMarchena, J. (PI)
;
Khanna, R. (PI)
ECON 22N: Causes and Consequences of the Rise in Inequality
In this class we will discuss the economic and institutional causes of the rise in inequality in the US and other countries over the last 40 years. We will also discuss the consequences of inequality in terms of social justice, economic welfare, aggregate economic performance, intergenerational mobility, and the possible implications of inequality for the recent global financial crisis.
Terms: Spr
| Units: 3
Instructors:
Pistaferri, L. (PI)
ECON 24N: Social Choice & Market Design
The design of mechanisms for group decision making, addressing questions about how apartment mates should choose rooms and share the rent, how a government should select and pay its suppliers, how a town should elect a mayor, or how students and college ought to be matches to one another. The first three weeks include classic papers by two Nobel-prize winning scholars about matching students and about government procurement. We will ask questions such as: What are the provable properties of these mechanisms? Is it possible for individuals or groups to manipulate the mechanisms for their own advantage? The remaining weeks focus on group decisions that are guided by "voting" mechanisms, showing the inherent trade-offs and proving theorems about the incompatibility among some simple, desirable properties of mechanisms. The ideas treated in this class are being used today to design new mechanisms for voting, matching, auctions and other applications, based on an awareness of the formal properties that the mechanisms may have.
Terms: Spr
| Units: 3
| UG Reqs: WAY-SI
Instructors:
Milgrom, P. (PI)
ECON 51: Economic Analysis II
Neoclassical analysis of general equilibrium, welfare economics, imperfect competition, externalities and public goods, risk and uncertainty, game theory, adverse selection, and moral hazard. Multivariate calculus is used. Prerequisite:
ECON 50.
Terms: Win, Spr, Sum
| Units: 5
| UG Reqs: WAY-FR, WAY-SI
Instructors:
Santesteban, C. (PI)
;
Tendall, M. (PI)
;
Bell, N. (TA)
...
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Instructors:
Santesteban, C. (PI)
;
Tendall, M. (PI)
;
Bell, N. (TA)
;
Chung, J. (TA)
;
Krivenko, P. (TA)
;
Kurland, S. (TA)
;
Staben, R. (TA)
;
Tosborvorn, A. (TA)
ECON 52: Economic Analysis III
Long-run economic growth and short-run economic fluctuations. Focus on the macroeconomic tools of government: fiscal policy (spending and taxes) and monetary policy, and their effects on growth, employment, and inflation. Prerequisites:
ECON 50.
Terms: Aut, Spr
| Units: 5
| UG Reqs: WAY-SI
Instructors:
Klenow, P. (PI)
;
Kurlat, P. (PI)
;
Arefeva, A. (TA)
...
more instructors for ECON 52 »
Instructors:
Klenow, P. (PI)
;
Kurlat, P. (PI)
;
Arefeva, A. (TA)
;
Chen, J. (TA)
;
Dugalic, A. (TA)
;
Ruane, C. (TA)
;
Teryoshin, Y. (TA)
ECON 101: Economic Policy Seminar
Economic policy analysis, writing, and oral presentation. Topics vary with instructor. Limited enrollment. Prerequisites:
Econ 51 and 52, 102B, and two field courses. Some sections require additional prerequisites.
Terms: Aut, Win, Spr
| Units: 5
| UG Reqs: WAY-SI
| Repeatable
for credit
Instructors:
Goda, G. (PI)
;
Gould, A. (PI)
;
Hanson, W. (PI)
;
Helmer, H. (PI)
;
Santesteban, C. (PI)
;
Vivalt, E. (PI)
;
Yin, P. (PI)
;
Bhole, M. (TA)
;
Lee, S. (TA)
;
Murciano-Goroff, R. (TA)
;
Ng, O. (TA)
;
Nguyen, T. (TA)
;
Opper, I. (TA)
;
Su, Y. (TA)
ECON 102B: Applied Econometrics
Hypothesis tests and confidence intervals for population variances, chi-squared goodness-of-fit tests, hypothesis tests for independence, simple linear regression model, testing regression parameters, prediction, multiple regression, omitted variable bias, multicollinearity, F-tests, regression with indicator random variables, simultaneous equation models and instrumental variables. Topics vary slightly depending on the quarter. Prerequisites:
Econ 102A or equivalent. Recommended: computer experience (course often uses STATA software to run regressions).
Terms: Win, Spr
| Units: 5
| UG Reqs: WAY-AQR, WAY-SI
Instructors:
McKeon, S. (PI)
;
Chatoor, N. (TA)
;
Dodds, W. (TA)
...
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Instructors:
McKeon, S. (PI)
;
Chatoor, N. (TA)
;
Dodds, W. (TA)
;
Liu, S. (TA)
;
Mann, M. (TA)
;
Meng, D. (TA)
;
Su, Y. (TA)
ECON 102C: Advanced Topics in Econometrics
The program evaluation problem. Identifying and estimating the effects of policies on outcomes of interest (e.g., tax rates on labor supply, etc.). Identifying and estimating the effects of human capital on earnings and other labor market outcomes. Topics: Instrumental variables estimation; limited dependent variable models (probit, logit, Tobit models); Panel data techniques (fixed and random effect models, dynamic panel data models); Duration models; Bootstrap and Estimation by Simulation. Prerequisite:
Econ 102B
Terms: Spr
| Units: 5
| UG Reqs: WAY-AQR, WAY-SI
Instructors:
Pistaferri, L. (PI)
;
Malacrino, D. (TA)
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