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. Spring 2026 Enrollment Instructions: Students should enroll in lecture and an open discussion section.
Terms: Aut, Spr
| Units: 5
| UG Reqs: GER:DB-Math, WAY-FR, WAY-SI
Instructors:
Makler, C. (PI)
;
Park, J. (PI)
;
Buckman, S. (TA)
;
Kinder, B. (TA)
;
Liang, D. (TA)
;
Qin, S. (TA)
ECON 50Q: Economic Analysis I (Quantitative)
This course covers the same material as
Econ 50, but is geared toward students who already have a solid foundation in multivariable calculus and want to take a more quantitative approach to economic analysis. It shares lectures with
Econ 50 but has different sections, additional readings, and more quantitative problem sets and exams. Students should enroll in the lecture sections ONLY. Discussion sections will be assigned during the first week of class. See syllabus for more details. Spring 2026 Enrollment Instructions: Students should enroll in lecture and an open discussion section.
Terms: Aut, Spr
| Units: 5
| UG Reqs: WAY-FR
Instructors:
Makler, C. (PI)
;
Gross, J. (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. Students should enroll in the lecture sections ONLY. Discussion sections will be assigned during the first week of class. See syllabus for more details.
Terms: Aut, Win
| Units: 5
| UG Reqs: WAY-FR, WAY-SI
Instructors:
Makler, C. (PI)
;
Francisco Pugliese, J. (TA)
;
Gross, J. (TA)
;
Krysta, J. (TA)
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Instructors:
Makler, C. (PI)
;
Francisco Pugliese, J. (TA)
;
Gross, J. (TA)
;
Krysta, J. (TA)
;
Liang, D. (TA)
;
Torres Alarcon, J. (TA)
;
Wang, C. (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. Students should enroll in the lecture section ONLY. Discussion sections will be assigned later. Department consent is required for the discussion section enrollment.
Terms: Aut, Spr
| Units: 5
| UG Reqs: WAY-SI
Instructors:
Boul, R. (PI)
;
Gholami, S. (TA)
;
Kmetz, A. (TA)
;
Lam, N. (TA)
;
Li, K. (TA)
;
Ortiz, P. (TA)
;
Yerushalmi, T. (TA)
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 2025-26. Enrollment by application:
https://economics.stanford.edu/forms.
Terms: Aut, Win, Spr
| Units: 5
| UG Reqs: WAY-SI
| Repeatable
for credit
Instructors:
Alsan, M. (PI)
;
Baltaduonis, R. (PI)
;
Boul, R. (PI)
;
Light, J. (PI)
;
Voena, A. (PI)
;
Calderon, A. (TA)
;
Moreira, C. (TA)
;
Payne, A. (TA)
;
Scott-Hearn, N. (TA)
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. Students should enroll in the lecture section ONLY. Discussion sections will be assigned later. Department consent is required for the discussion section enrollment.
Terms: Aut, Win
| Units: 5
| UG Reqs: GER:DB-Math, WAY-AQR, WAY-SI
Instructors:
McKeon, S. (PI)
;
Ginwala, K. (TA)
;
Lam, N. (TA)
;
Nelson, J. (TA)
;
Olshen, B. (TA)
;
Poon, B. (TA)
;
Sangpisit, R. (TA)
;
Vdovina, A. (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)
;
Cherubini, C. (TA)
;
Harish, S. (TA)
;
Norman, J. (TA)
;
Panova, L. (TA)
ECON 102C: Advanced Topics in Econometrics
This is an advanced econometrics class targeted to students who want to go deeper into and/or expand their knowledge of topics firstly learned in
Econ 102B (or equivalent class). Topics include: Instrumental variables estimation; Panel data models (fixed and random effect models, dynamic panel data models); Limited dependent variable models (probit, logit, Tobit) and selection models; models for Duration data; Bootstrap and Estimation by Simulation. Applications from Labor Economics and Public Finance will be used to motivate the discussion.
Terms: Win
| Units: 5
| UG Reqs: WAY-AQR, WAY-SI
Instructors:
Pistaferri, L. (PI)
;
Pedersoli, S. (TA)
ECON 102D: Econometric Methods for Public Policy Analysis and Business Decision-Making
This course focuses on the use of econometric methods in public policy analysis and business decision-making. Building on methods taught in Economics 102A and 102B, additional descriptive, predictive and causal econometric modeling methods will be introduced along with the assumptions required for the validity of each methodology. Methods for designing randomized controlled trials (RCT) and analyzing the resulting data will be discussed. The methods for recovering economically meaningful magnitudes such as price elasticities of demand and other behavioral responses from observational data will be discussed. Both classical econometric methods and modern techniques in machine learning will be employed. The class will be taught using the R programming language. Students will perform both in-class and out-of-class assignments working with actual datasets to address policy-relevant decisions and simulation exercises designed to deepen their knowledge of these methods. Prerequisites:
Econ102A,
Econ102B
Last offered: Autumn 2020
| Units: 5
| UG Reqs: WAY-AQR
ECON 104: The Economics of Innovation and Organ Donation in Latin America
This course uses the economic approach to explore two distinct yet significant topics of Latin America: Innovation and Organ Donations. Economists believe that innovation is one of the primary drivers of economic development. Recent research has shown that there are two very different types of innovators, who have different goals and follow different processes. The initial segment of this course delves into this research, examining the careers and innovations of prominent Latin American innovators in a range of modern arts, including painters, writers, as well as entrepreneurs in the wine and gastronomy industry. Students will be tasked with selecting a Latin American innovator from any domain and conducting an analysis of their work. The latter part of the course will focus on the economics of organ donation, with focus on its applications within Latin American countries. Initially, we will discuss the reasons for the organ shortage and the long wait to receive a kidney. Subsequently,
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This course uses the economic approach to explore two distinct yet significant topics of Latin America: Innovation and Organ Donations. Economists believe that innovation is one of the primary drivers of economic development. Recent research has shown that there are two very different types of innovators, who have different goals and follow different processes. The initial segment of this course delves into this research, examining the careers and innovations of prominent Latin American innovators in a range of modern arts, including painters, writers, as well as entrepreneurs in the wine and gastronomy industry. Students will be tasked with selecting a Latin American innovator from any domain and conducting an analysis of their work. The latter part of the course will focus on the economics of organ donation, with focus on its applications within Latin American countries. Initially, we will discuss the reasons for the organ shortage and the long wait to receive a kidney. Subsequently, we will evaluate the impact of various policies on organ donations, including the controversial policy of introducing compensations for organ donors, default rules for deceased donation, kidney exchange, global kidney exchange, priority rules. Students, working in groups, will apply the concepts and principles discussed to analyze the organ donation system within a selected Latin American country.
Last offered: Spring 2025
| Units: 4
| UG Reqs: WAY-SI