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ECON 164: Law, Economics and Politics of International Trade (POLISCI 216)

Taught by an economist and a lawyer. Examines aspects of the WTO system from legal and economic perspectives. Integrates a careful examination of topical legal issues with theoretical and empirical research in economics to develop both positive and normative themes regarding the WTO as an international institution. Overview of the economics of international cooperation on trade, and an introduction to the WTO as an institution and its core obligations. Topics may include: the dispute resolution system; the choice between multilateral and regional or bilateral trade agreements; the role of developing countries in the WTO; and the relationship between WTO law, domestic regulation and national sovereignty. Prerequisite: Econ 51 or equivalent undergraduate microeconomics.
Terms: Win | Units: 2-5 | UG Reqs: WAY-SI
Instructors: Bagwell, K. (PI) ; Goldstein, J. (PI) ; Sykes, A. (PI) ; Mandel, P. (TA)

ECON 165: International Finance

Introduction to international macroeconomics. Topics: intertemporal approach to the current account, international investment patterns, sovereign debt, crises in international financial markets, real and nominal exchange rate determination and exchange rate policy. Prerequisite: ECON 52.
Terms: Aut, Sum | Units: 5 | UG Reqs: WAY-SI

ECON 166: International Trade

Comparative advantage in production and trade among nations; increasing returns, imperfect competition, and trade; the nature of the gains from trade, winners, and losers; international migration and multinational companies; trade policy and international trade agreements; theory and evidence. Prerequisite: 51.
Terms: Win | Units: 5 | UG Reqs: WAY-SI
Instructors: Staiger, R. (PI) ; Zhou, X. (TA)

ECON 168: Topics in International Finance (ECON 268)

(Graduate students register for 268.) Monetary foundations of international exchange; the rules of the game since Bretton Woods. Foreign exchange risk under the world dollar standard. Hedging, forward covering, and interest parity relationships. International capital flows and the current account. Global trade imbalances; China and Japan versus the U.S. Inflation versus exchange rate targeting in developing countries. Prerequisite for undergraduates: 52; recommended: 165.
Terms: Win | Units: 5 | UG Reqs: WAY-SI
Instructors: McKinnon, R. (PI) ; Wang, Y. (TA)

ECON 179: Experimental Economics

Methods and major subject areas that have been addressed by laboratory experiments. Focus is on a series of experiments that build on one another. Topics include decision making, two player games, auctions, and market institutions. How experiments are used to learn about preferences and behavior, trust, fairness, and learning. Final presentation of group projects. Prerequisites: 50, 51, 102A.
Terms: Win | Units: 5 | UG Reqs: WAY-AQR, WAY-SI
Instructors: Niederle, M. (PI)

ECON 190: Introduction to Financial Accounting (ECON 90)

How to read, understand, and use corporate financial statements. Oriented towards the use of financial accounting information (rather than the preparer), and emphasizes the reconstruction of economic events from published accounting reports.
Terms: Aut, Win | Units: 5 | UG Reqs: WAY-AQR
Instructors: Guttman, I. (PI) ; Ogneva, M. (PI) ; Benz, H. (TA) ; King, C. (TA)

ECON 191: Introduction to Cost Accounting (ECON 91)

The use of internal financial data for managerial decision making.
Terms: Spr | Units: 5 | UG Reqs: WAY-AQR
Instructors: Stanton, F. (PI)

ECON 198: Junior Honors Seminar (PUBLPOL 197)

Primarily for students who expect to write an honors thesis. Weekly sessions discuss writing an honors thesis proposal (prospectus), submitting grant applications, and completing the honors thesis. Readings focus on writing skills and research design. Students select an adviser, outline a program of study for their senior year, and complete a prospectus by the end of the quarter. Enrollment limited to 25.
Terms: Win, Spr | Units: 5
Instructors: Rothwell, G. (PI)

ECON 199D: Honors Thesis Research

In-depth study of an appropriate question and completion of a thesis of very high quality. Normally written under the direction of a member of the Department of Economics (or some closely related department). See description of honors program. Register for at least 1 unit for at least one quarter. Meets first week of Autumn Quarter (see Stanford Daily for details).
Terms: Aut, Win, Spr, Sum | Units: 1-10 | Repeatable for credit
Instructors: Abramitzky, R. (PI) ; Amador, M. (PI) ; Amemiya, T. (PI) ; Aoki, M. (PI) ; Arora, A. (PI) ; Arrow, K. (PI) ; Athey, S. (PI) ; Attanasio, O. (PI) ; Bagwell, K. (PI) ; Baron, D. (PI) ; Bekaert, G. (PI) ; Bernheim, B. (PI) ; Bhattacharya, J. (PI) ; Bloom, N. (PI) ; Boskin, M. (PI) ; Brady, D. (PI) ; Bresnahan, T. (PI) ; Bulow, J. (PI) ; Canellos, C. (PI) ; Chaudhary, L. (PI) ; Clerici-Arias, M. (PI) ; Cogan, J. (PI) ; Cojoc, D. (PI) ; David, P. (PI) ; DeGiorgi, G. (PI) ; Duffie, D. (PI) ; Einav, L. (PI) ; Fafchamps, M. (PI) ; Falcon, W. (PI) ; Fitzgerald, D. (PI) ; Fitzpatrick, M. (PI) ; Fong, K. (PI) ; Fuchs, V. (PI) ; Garber, A. (PI) ; Gould, A. (PI) ; Goulder, L. (PI) ; Greif, A. (PI) ; Haak, D. (PI) ; Haber, S. (PI) ; Hall, R. (PI) ; Hammond, P. (PI) ; Hansen, P. (PI) ; Hanson, W. (PI) ; Hanushek, E. (PI) ; Harding, M. (PI) ; Harris, D. (PI) ; Hartmann, W. (PI) ; Henry, P. (PI) ; Hickman, B. (PI) ; Hong, H. (PI) ; Hope, N. (PI) ; Horvath, M. (PI) ; Hoxby, C. (PI) ; Jackson, M. (PI) ; Jagolinzer, A. (PI) ; Jaimovich, N. (PI) ; Jayachandran, S. (PI) ; Jones, C. (PI) ; Jost, J. (PI) ; Judd, K. (PI) ; Kastl, J. (PI) ; Kessler, D. (PI) ; Klenow, P. (PI) ; Kochar, A. (PI) ; Kojima, F. (PI) ; Krueger, A. (PI) ; Kuran, T. (PI) ; Kurz, M. (PI) ; Lau, L. (PI) ; Lazear, E. (PI) ; Levin, J. (PI) ; MaCurdy, T. (PI) ; Mahajan, A. (PI) ; Malmendier, U. (PI) ; Manova, K. (PI) ; McClellan, M. (PI) ; McKinnon, R. (PI) ; Meier, G. (PI) ; Milgrom, P. (PI) ; Miller, G. (PI) ; Moser, P. (PI) ; Naylor, R. (PI) ; Nechyba, T. (PI) ; Niederle, M. (PI) ; Noll, R. (PI) ; Owen, B. (PI) ; Pencavel, J. (PI) ; Piazzesi, M. (PI) ; Pistaferri, L. (PI) ; Polinsky, A. (PI) ; Qian, Y. (PI) ; Rangel, A. (PI) ; Reiss, P. (PI) ; Richards, J. (PI) ; Roberts, J. (PI) ; Romer, P. (PI) ; Rosenberg, N. (PI) ; Rossi-Hansberg, E. (PI) ; Rosston, G. (PI) ; Rothwell, G. (PI) ; Royalty, A. (PI) ; Rozelle, S. (PI) ; Sargent, T. (PI) ; Schaffner, J. (PI) ; Schneider, M. (PI) ; Segal, I. (PI) ; Sharpe, W. (PI) ; Shotts, K. (PI) ; Shoven, J. (PI) ; Singleton, K. (PI) ; Skrzypacz, A. (PI) ; Staiger, R. (PI) ; Stanton, F. (PI) ; Sweeney, J. (PI) ; Taylor, J. (PI) ; Tendall, M. (PI) ; Tertilt, M. (PI) ; Topper, M. (PI) ; Vytlacil, E. (PI) ; Wacziarg, R. (PI) ; Weingast, B. (PI) ; Wilson, R. (PI) ; Wolak, F. (PI) ; Wright, G. (PI) ; Wright, M. (PI) ; Yotopoulos, P. (PI)

ECON 202: Core Economics: Modules 1 and 2

(Non-Economics graduate students register for 202N.) Open to advanced undergraduates with consent of instructors. Theory of the consumer and the implications of constrained maximization; uses of indirect utility and expenditure functions; theory of the producer, profit maximization, and cost minimization; behavior under uncertainty; partial equilibrium analysis and introduction to models of general equilibrium. Limited enrollment. Prerequisite: thorough understanding of the elements of multivariate calculus and linear algebra.
Terms: Aut | Units: 2-5
Instructors: Segal, I. (PI) ; Jeziorski, P. (TA)
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