printer friendly pageECON 19Q: Measuring the Performance of Governments in the U.S. (PUBLPOL 19Q)
Spending by federal, state, and local governments accounts for about one-third of U.S. GDP and governments employ more than one-in-seven workers in the U.S. For most U.S. residents, government is represented by a complicated web of federal, state, and local policies. There is an increasingly contentious debate about the proper role of the government and regarding the impact of specific government policies. This debate is rarely grounded in a common set of facts.nIn this seminar, we will explore how each level of government interacts with U.S. residents through government services, public programs, taxes, and regulations. We will examine financial results for different levels of government while considering the net effects of government intervention on the health and economic well-being of individuals and families. Particular attention will be paid to certain sectors (e.g. education, health care, etc.) and to certain groups (e.g. those in poverty, the elderly, etc.). Along the way we will accumulate a set of metrics to assess the performance of each level of government while highlighting the formidable challenges of such an exercise.
Terms: Aut
| Units: 3
| UG Reqs: WAY-SI
Instructors:
Ballmer, S. (PI)
;
Duggan, M. (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: Win
| Units: 3
| UG Reqs: WAY-SI
Instructors:
Pistaferri, L. (PI)
ECON 23N: Capitalism, Socialism and Democracy
We will explore the evolution and current performance of capitalist and socialist economies, their interaction with democracy, and the contemporary debate about the appropriate roles of individual vs. collective rights and responsibilities.
Terms: Spr
| Units: 3
| UG Reqs: WAY-SI
Instructors:
Boskin, M. (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.
Last offered: Spring 2016
| UG Reqs: WAY-SI
ECON 25N: Public Policy and Personal Finance (PUBLPOL 55N)
The seminar will provide an introduction and discussion of the impact of public policy on personal finance. Voters regularly rate the economy as one of the most important factors shaping their political views and most of those opinions are focused on their individual bottom lines. In this course we will discuss the rationale for different public policies and how they affect personal financial situations. We will explore personal finance issues such as taxes, loans, charity, insurance, and pensions. Using the context of (hypothetical) personal finance positions, we will discuss the public policy implications of various proposals and how they affect different groups of people, for example: the implications of differential tax rates for different types of income, the promotion of home ownership in the U.S., and policies to care for our aging population. While economic policy will be the focus of much of the course, we will also examine some of the implications of social policies on personal finance as well. There will be weekly readings and several short policy-related writing assignments.
Last offered: Autumn 2014
| UG Reqs: WAY-SI
ECON 27N: The Economics of Gender
This seminar draws on empirical and theoretical insights from multiple fields within economics. The objective is to understand the role of gender in economic decision making, and the changing significance, timing and meaning of work, career and family. We will focus on recent work in experimental economics, and empirical work in the developed world. But at times we will widen the perspective to developing countries and consider historical changes as well.
Terms: Aut
| Units: 3
Instructors:
Niederle, M. (PI)
ECON 45: Using Big Data to Solve Economic and Social Problems
This course will show how "big data" can be used to understand and solve some of the most important social and economic problems of our time. The course will give students an introduction to frontier research in applied economics and social science in a non-technical manner. Topics include equality of opportunity, education, income inequality, racial segregation, innovation and entrepreneurship, social networks, urban planning, health, crime, and political partisanship. In the context of these topics, the course will also provide a non-technical introduction to basic statistical methods and data analysis techniques, including regression analysis, causal inference, quasi-experimental methods, and machine learning. Optional sections will provide a more advanced treatment of these methods for interested students. Each week, the course will include a guest lecturer from a Silicon Valley firm or government agency who will discuss real-world applications of data science.
Terms: Spr
| Units: 4-5
| UG Reqs: WAY-SI, WAY-AQR
Instructors:
Chetty, R. (PI)
;
Makridis, C. (PI)
;
Dodds, W. (TA)
...
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Instructors:
Chetty, R. (PI)
;
Makridis, C. (PI)
;
Dodds, W. (TA)
;
Huang, J. (TA)
;
Mast, E. (TA)
;
Rios Rivera, J. (TA)
ECON 49: Intermediate Microeconomics for Non-Majors
Intermediate microeconomics, with a focus on topics and methods of interest to future managers. Topics include market pricing and price discrimination, incentives, signaling, implicit collusion, decision making under uncertainty, auctions and basic game theory. Use of calculus and math-based analysis. Topics overlap considerably with
Econ 50 and
Econ 51. Aimed at Juniors and Seniors with non-Econ majors. Does not fulfill Econ major requirements. Economics majors should take
Econ 50 and
Econ 51. Prerequisite:
Econ 50, may be taken concurrently.
Last offered: Summer 2016
| UG Reqs: WAY-SI
ECON 50: Economic Analysis I
Individual consumer and firm behavior under perfect competition. The role of markets and prices in a decentralized economy. Monopoly in partial equilibrium. Economic tools developed from multivariable calculus using partial differentiation and techniques for constrained and unconstrained optimization. Prerequisites:
Econ 1 or 1V, and
Math 51 or
CME 100 or
CME 100A.
Terms: Aut, Win, Spr, Sum
| Units: 5
| UG Reqs: WAY-SI, WAY-FR, GER:DB-Math
Instructors:
Huang, J. (PI)
;
Makler, C. (PI)
;
Caddell, C. (TA)
;
Hoong, J. (TA)
;
Huang, J. (TA)
;
Jabara, A. (TA)
;
Liu, S. (TA)
;
Meng, D. (TA)
;
Nguyen, K. (TA)
;
Pattabi, A. (TA)
;
Wu, C. (TA)
;
Zhang, L. (TA)
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:
Makler, C. (PI)
;
Santesteban, C. (PI)
;
Chung, J. (TA)
...
more instructors for ECON 51 »
Instructors:
Makler, C. (PI)
;
Santesteban, C. (PI)
;
Chung, J. (TA)
;
Huang, J. (TA)
;
Martirena, G. (TA)
;
Poon, W. (TA)
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