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1 - 10 of 46 results for: ECON

ECON 1: Principles of Economics

This is an introductory course in economics. We will cover both microeconomics (investigating decisions by individuals and firms) and macroeconomics (examining the economy as a whole). The primary goal is to develop and then build on your understanding of the analytical tools and approaches used by economists. This will help you to interpret economic news and economic data at a much deeper level while also forming your own opinions on economic issues. The course will also provide a strong foundation for those of you who want to continue on with intermediate microeconomics and/or intermediate macroeconomics and possibly beyond.
Terms: Aut, Win, Spr, Sum | Units: 5 | UG Reqs: WAY-SI, GER:DB-SocSci

ECON 3: Big Ideas: Conversations with Stanford's Own Nobel Laureates & MacArthur "Genius" Fellows (CHEM 5, SOC 5)

10 weekly one-on-one conversations with Nobel Laureates and MacArthur fellows, talking about their life story, how they got to their ideas, what they discovered, how the world is a better place as a result, what advice they have for students and young researchers, etc. Readings related to guest research will be assigned. Open to undergraduate and graduate students.
Terms: Aut | Units: 1

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.
Terms: Aut | Units: 3 | UG Reqs: WAY-SI
Instructors: Rosston, G. (PI)

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 Math 51A or CME 100 or CME 100A.
Terms: Aut, Spr | Units: 5 | UG Reqs: WAY-SI, WAY-FR, GER:DB-Math

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: Aut, Spr | Units: 5 | UG Reqs: WAY-FR, WAY-SI

ECON 101: Economic Policy Seminar

Capstone and writing in the major course open to Econ majors only. Economic policy analysis, writing and oral presentations will be large components of this course. Students may also complete group projects that include empirical economic analysis focused on a specific topic. The goal of this course is to enable students to utilize the skills they have acquired throughout their time in the major. Section topics vary by instructor. Enrollment limited to application at the start of each school year with student placement notifications before the term starts. Permission numbers will be provided to students. Limited to students applying to graduate in 2023-24. Prerequisites: Econ 51 and 52, 102B, and two field courses. Enrollment by application: https://economics.stanford.edu/forms.
Terms: Aut, Win, Spr | Units: 5 | UG Reqs: WAY-SI | Repeatable for credit

ECON 102A: Introduction to Statistical Methods (Postcalculus) for Social Scientists

Probabilistic modeling and statistical techniques relevant for economics. Concepts include: probability trees, conditional probability, random variables, discrete and continuous distributions, correlation, central limit theorems, point estimation, hypothesis testing and confidence intervals for both one and two populations. Prerequisite: MATH 20 or equivalent.
Terms: Aut, Win | Units: 5 | UG Reqs: GER:DB-Math, WAY-AQR, WAY-SI

ECON 126: Economics of Health and Medical Care (BIOMEDIN 156, BIOMEDIN 256, HRP 256)

Institutional, theoretical, and empirical analysis of the problems of health and medical care. Topics: demand for medical care and medical insurance; institutions in the health sector; economics of information applied to the market for health insurance and for health care; economics of health care labor markets and health care production; and economic epidemiology. Graduate students with research interests should take ECON 249. Prerequisites: ECON 50 and either ECON 102A or STATS 116 or the equivalent. Recommended: ECON 51.
Terms: Aut | Units: 5 | UG Reqs: WAY-SI

ECON 135: Foundations of Finance

For graduate students and advanced undergraduates. This course teaches the foundations of finance. Topics include internal rate of return and net present value, Black-Scholes option pricing, portfolio diversification and the Capital Asset Pricing Model, relationships between risk and return, market efficiency, and the valuation of derivative securities. Much of the analysis will build on the Arrow-DeBreu state preference model. Next, adverse selection and moral hazard in contracting and the design of auctions will be discussed. Towards the end of the course applied topics such as bank capital regulation, sovereign debt, pension funds, university endowments, and the evaluation of private equity performance and fees will be discussed, depending on time. Prerequisites: MATH 51, ECON 50, ECON 102A, or equivalents or with permission of the instructor; ability to use spreadsheets, and basic probability and statistics concepts including random variables, expected value, variance, covariance, and simple estimation and regression.
Terms: Aut | Units: 3

ECON 139D: Directed Reading

May be repeated for credit.
Terms: Aut, Win, Spr | Units: 1-10 | Repeatable for credit
Instructors: Abramitzky, R. (PI) ; Allcott, H. (PI) ; Amemiya, T. (PI) ; Athey, S. (PI) ; Auclert, A. (PI) ; Bagwell, K. (PI) ; Baker, L. (PI) ; Bernheim, B. (PI) ; Bhattacharya, J. (PI) ; Bloom, N. (PI) ; Bocola, L. (PI) ; Boskin, M. (PI) ; Bresnahan, T. (PI) ; Brynjolfsson, E. (PI) ; Bulow, J. (PI) ; Callander, S. (PI) ; Chandrasekhar, A. (PI) ; Clerici-Arias, M. (PI) ; Cochrane, J. (PI) ; Cuesta, J. (PI) ; Diamond, R. (PI) ; Duffie, D. (PI) ; Duggan, M. (PI) ; Dupas, P. (PI) ; Einav, L. (PI) ; Fafchamps, M. (PI) ; Fearon, J. (PI) ; Gentzkow, M. (PI) ; Goldin, J. (PI) ; Goulder, L. (PI) ; Greif, A. (PI) ; Haber, S. (PI) ; Hall, R. (PI) ; Hammond, P. (PI) ; Harris, D. (PI) ; Harstad, B. (PI) ; Hong, H. (PI) ; Hoxby, C. (PI) ; Imbens, G. (PI) ; Jackson, M. (PI) ; Jagadeesan, R. (PI) ; Jha, S. (PI) ; Kehoe, P. (PI) ; Klenow, P. (PI) ; Krueger, A. (PI) ; Kurz, M. (PI) ; Lau, L. (PI) ; Levin, J. (PI) ; Li, H. (PI) ; MaCurdy, T. (PI) ; Mahoney, N. (PI) ; Makler, C. (PI) ; McKeon, S. (PI) ; Milgrom, P. (PI) ; Miller, G. (PI) ; Morten, M. (PI) ; Naylor, R. (PI) ; Niederle, M. (PI) ; Noll, R. (PI) ; Ober, J. (PI) ; Pencavel, J. (PI) ; Persson, P. (PI) ; Piazzesi, M. (PI) ; Pistaferri, L. (PI) ; Reiss, P. (PI) ; Romano, J. (PI) ; Rossin-Slater, M. (PI) ; Rosston, G. (PI) ; Roth, A. (PI) ; Sargent, T. (PI) ; Schneider, M. (PI) ; Segal, I. (PI) ; Shoven, J. (PI) ; Singleton, K. (PI) ; Skrzypacz, A. (PI) ; Sorkin, I. (PI) ; Spiess, J. (PI) ; Starrett, D. (PI) ; Taylor, J. (PI) ; Tendall, M. (PI) ; Voena, A. (PI) ; Wolak, F. (PI) ; Wright, G. (PI)
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