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EARTHSYS 185: Feeding Nine Billion

Feeding a growing and wealthier population is a huge task, and one with implications for many aspects of society and the environment. There are many tough choices to be made- on fertilizers, groundwater pumping, pesticide use, organics, genetic modification, etc. Unfortunately, many people form strong opinions about these issues before understanding some of the basics of how food is grown, such as how most farmers currently manage their fields, and their reasons for doing so. The goal of this class is to present an overview of global agriculture, and the tradeoffs involved with different practices. Students will develop two key knowledge bases: basic principles of crop ecology and agronomy, and familiarity with the scale of the global food system. The last few weeks of the course will be devoted to building on this knowledge base to evaluate different future directions for agriculture.
Terms: Aut | Units: 4-5 | UG Reqs: WAY-AQR

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 41 or equivalent.
Terms: Aut, Win | Units: 5 | UG Reqs: GER:DB-Math, WAY-AQR, WAY-SI

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

ECON 102C: Advanced Topics in Econometrics

The evaluation problem. Identifying and estimating the effects of policies on outcomes of interest (e.g. tax rates on earnings, social security payments on unemployment duration). Identifying and estimating the effects of human capital and demographic variables on earnings and other labor market outcomes (e.g. experience and tenure on earnings, ethnicity and gender on unemployment duration). Topics: Instrumental variables estimation; limited dependent variable models (probit, logit, Tobit models); Panel data techniques (fixed and random effect models, dynamic panel data models), Discontinuity-based methods (Regression discontinuity design, Regression kink design). Prerequisite: Econ 102B
Terms: Spr | Units: 5 | UG Reqs: WAY-AQR, WAY-SI

ECON 125: Economic Development, Microfinance, and Social Networks

An introduction to the study of the financial lives of households in less developed countries, focusing on savings, credit, informal insurance, the expansion of microfinance, and social networks. Prerequisites- Econ 52 and 102B
Terms: Spr | Units: 5 | UG Reqs: WAY-SI, WAY-AQR, GER:EC-GlobalCom

ECON 137: Decision Modeling and Information

Effective decision models consider a decision maker's alternatives, information and preferences. The construction of such models in single-party situations with emphasis on the role of information. The course then evolves to two-party decision situations where one party has more information than the other. Models examined include: bidding exercises and the winner's curse, the Akerlof Model and adverse selection, the Principal-Agent model and risk sharing, moral hazard and contract design. Prerequisite: ECON 102A or equivalent. Recommended: Econ 50, Optimization and simulation in Excel.
Terms: Aut | Units: 5 | UG Reqs: WAY-AQR, WAY-FR

ECON 145: Labor Economics

Analysis and description of labor markets. Determination of employment, unemployment, hours of work, wages. Welfare programs and work effort. Wage differentials by schooling, experience, gender, and race. Income inequality, changes in inequality, and differences in inequality. Employment contracts, labor unions, and bargaining. International comparisons. Prerequisites: ECON 51, ECON 102B.
Terms: Aut | Units: 5 | UG Reqs: GER:EC-Gender, WAY-AQR, WAY-SI | Repeatable 1 times (up to 5 units total)

ECON 150: Economic Policy Analysis (PUBLPOL 104, PUBLPOL 204)

The relationship between microeconomic analysis and public policy making. How economic policy analysis is done and why political leaders regard it as useful but not definitive in making policy decisions. Economic rationales for policy interventions, methods of policy evaluation and the role of benefit-cost analysis, economic models of politics and their application to policy making, and the relationship of income distribution to policy choice. Theoretical foundations of policy making and analysis, and applications to program adoption and implementation. Prerequisites: ECON 50 and ECON 102B.
Terms: Win, Spr | Units: 4-5 | UG Reqs: WAY-AQR

ECON 190: Introduction to Financial Accounting

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

ECON 191: Introduction to Cost Accounting

Focuses on how managers use accounting information for decision making. Students will study product and service costing, activity based costing, performance management and evaluation, CVP analysis, forecasting, factors to be considered in pricing decision, capital investment analysis, and quality management and measurement.
Terms: Spr | Units: 5 | UG Reqs: WAY-AQR
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