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:
ECON 51 (Public Policy majors may take
PUBLPOL 51 as a substitute for
ECON 51),
ECON 102A.
Last offered: Winter 2025
| Units: 5
| UG Reqs: WAY-AQR, WAY-SI
ECON 180: Honors Game Theory
Rigorous introduction to game theory and applications. Topics include solution concepts for static and dynamic games of complete and incomplete information, signaling games, repeated games, bargaining, and elements of cooperative game theory. Applications mainly from economics, but also political science, biology, and computer science. Prerequisites: Experience with abstract mathematics and willingness to work hard. No background in economics required.
Last offered: Spring 2025
| Units: 5
| UG Reqs: GER:DB-SocSci, WAY-FR, WAY-SI
ECON 184: Institutional Investment Management: Theory and Practice
This course provides an introduction to the theory and practice of institutional investment management, including asset allocation and manager selection across public and private equity, absolute return, real assets, and fixed income. The course is taught by the CIO of Stanford's endowment, along with other members of the investment team, and takes the perspective of an institution with a long-term investment horizon. We introduce and apply a framework for assessing investment strategies and investment firms. Students put theory into practice with guest speakers from leading investment firms, including partners at venture capital firms, real estate partnerships, and hedge funds. Enrollment is capped at 20. All majors are welcome. To apply please send a one to two paragraph statement of interest and an unofficial transcript to
econ184@
smc.stanford.edu by December 7, 2025.
Econ 1 and
Econ 102A,
Stats 60, or equivalent courses recommended and may be taken concurrently. Lunch will be provided for each Monday lecture.
Terms: Win
| Units: 4
Instructors:
Wallace, R. (PI)
ECON 185: Data Science for Environmental Business (GEP 135, GEP 235, PUBLPOL 185)
Are you interested in clean tech and sustainability? Do you like working with data or plan to manage data scientists? Do you want to find a socially impactful job? If so, Data Science for Environmental Business is for you. Each week, we'll have a guest speaker from a utility, venture capital firm, clean tech startup, renewable energy developer, or some other sustainability-related business. We'll do a quantitative case study of one of the speaker's business problems, such as carbon footprint measurement, supply chain decarbonization, techno-economic analysis, where to site renewable energy facilities, how to value electricity storage, or predicting demand for electric vehicles. Then in the next class, we'll discuss the analytical decisions you made on the case study and the business implications of your results. We aim to draw a mix of students from the GSB, engineering, sustainability, data science, computer science, economics, math, and other fields. Students registering through the
more »
Are you interested in clean tech and sustainability? Do you like working with data or plan to manage data scientists? Do you want to find a socially impactful job? If so, Data Science for Environmental Business is for you. Each week, we'll have a guest speaker from a utility, venture capital firm, clean tech startup, renewable energy developer, or some other sustainability-related business. We'll do a quantitative case study of one of the speaker's business problems, such as carbon footprint measurement, supply chain decarbonization, techno-economic analysis, where to site renewable energy facilities, how to value electricity storage, or predicting demand for electric vehicles. Then in the next class, we'll discuss the analytical decisions you made on the case study and the business implications of your results. We aim to draw a mix of students from the GSB, engineering, sustainability, data science, computer science, economics, math, and other fields. Students registering through the GSB should expect a roughly standard MBA class workload. Students registering through non-GSB course numbers should expect a serious data science course where you'll learn and apply new methods. We hope to develop a pipeline of students working for the guest speakers and similar firms. Prerequisites: You must know basic statistics and regression analysis (e.g.,
ECON 102 or 108,
CS 129,
EARTHSYS 140,
HUMBIO 88,
POLISCI 150C, or
STATS 60 or 101). You should also have at least some experience with data analysis in R, python, Stata, MATLAB, or something similar. If you plan to take microeconomics (e.g.,
ECON 1, 50, or 51) or empirical environmental economics (
ECON 177), we recommend you take those either beforehand or concurrently.
Last offered: Spring 2024
| Units: 5
ECON 198: Junior Honors Seminar (PUBLPOL 197)
For juniors (advanced sophomores will be considered) who expect to write an honors thesis in Economics or Public Policy. Weekly sessions go through the process of selecting a research question, finding relevant bibliography, writing a literature review, introduction, and study design, culminating in the write-up of an honors thesis proposal (prospectus) and the oral presentation of each student's research project. Students also interact with potential advisors, and outline a program of study for their senior year. To apply, complete the application at
https://economics.stanford.edu/undergraduate/forms.
Terms: Spr
| Units: 5
Instructors:
Clerici-Arias, M. (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 after your honors application is approved. Winter registration for one unit under the supervision of the Director of the Honors Program is mandatory for all honors students.
Terms: Aut, Win, Spr, Sum
| Units: 1-10
| Repeatable
for credit
Instructors:
Abramitzky, R. (PI)
;
Allcott, H. (PI)
;
Alsan, M. (PI)
;
Althoff, L. (PI)
;
Auclert, A. (PI)
;
Bagwell, K. (PI)
;
Bernheim, B. (PI)
;
Bilal, A. (PI)
;
Bloom, N. (PI)
;
Bocola, L. (PI)
;
Boskin, M. (PI)
;
Chandrasekhar, A. (PI)
;
Clerici-Arias, M. (PI)
;
Cochrane, J. (PI)
;
Cuesta, J. (PI)
;
Duffie, D. (PI)
;
Duggan, M. (PI)
;
Einav, L. (PI)
;
Gentzkow, M. (PI)
;
Hall, R. (PI)
;
Hong, H. (PI)
;
Hoxby, C. (PI)
;
Hsiao, A. (PI)
;
Imbens, G. (PI)
;
Jackson, M. (PI)
;
Jagadeesan, R. (PI)
;
Judd, K. (PI)
;
Kehoe, P. (PI)
;
Kleinman, B. (PI)
;
Klenow, P. (PI)
;
MaCurdy, T. (PI)
;
Mahoney, N. (PI)
;
Milgrom, P. (PI)
;
Morten, M. (PI)
;
Niederle, M. (PI)
;
Persson, P. (PI)
;
Piazzesi, M. (PI)
;
Pistaferri, L. (PI)
;
Ramey, V. (PI)
;
Redding, S. (PI)
;
Romano, J. (PI)
;
Roth, A. (PI)
;
Schneider, M. (PI)
;
Segal, I. (PI)
;
Somaini, P. (PI)
;
Sorkin, I. (PI)
;
Taylor, J. (PI)
;
Voena, A. (PI)
;
Wolak, F. (PI)
;
Lestant, E. (TA)
ECON 200: First-Year Seminar
Restricted to Economics PhD students in their first year. Must be taken in both Winter and Spring Quarters. Enrollment by permission number only.
Terms: Win, Spr
| Units: 1
| Repeatable
2 times
(up to 2 units total)
Instructors:
Morten, M. (PI)
ECON 202: Microeconomics I
(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; monotone comparative statics; behavior under uncertainty; partial equilibrium analysis and introduction to models of general equilibrium. Enrollment is limited to Econ PhD students for the first two weeks of open enrollment, after which the remaining space will be available to all other interested students. Prerequisite: thorough understanding of the elements of multivariate calculus and linear algebra.
Terms: Aut
| Units: 2-5
ECON 202N: Microeconomics I For Non-Economics PhDs students
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; discussion of how assumptions and models stand up to recent developments in empirical and in particular behavioral economics. Prerequisite: understanding of basic calculus and some familiarity with writing basic proofs.
Last offered: Autumn 2022
| Units: 2-5
ECON 203: Microeconomics II
Non-cooperative game theory including normal and extensive forms, repeated games, incomplete information, and mechanism design. Emphasis is placed on solutions that model rational competition, learning, or efficient bargaining. Economic applications include static Bertrand and Cournot competition, auctions, dynamic oligopoly, entry decisions, entry deterrence, and bargaining theory. Enrollment is limited to Econ PhD students for the first two weeks of open enrollment, after which the remaining space will be available to all other interested students. Prerequisite:
ECON 202.
Terms: Win
| Units: 3-5
Instructors:
Milgrom, P. (PI)
;
Tordjman, A. (TA)
