91 - 100 of 173 results for: ECON

Social Choice, including Arrow's theorem, the Gibbard-Satterthwaite theorem, and the Vickrey-Clarke-Groves mechanism. The theory of contracts, emphasizing contractual incompleteness and the problem of moral hazard. Incentive regulation. Competition with imperfect information, including signaling and adverse selection. Competitive equilibrium and the core. Limited enrollment. Non-Econ students need permission of instructor to enroll. 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 and 203.

This course introduces students to the world food economy and its economic, political, and environmental drivers - past, present, and future. It is comprised of three major sections: (a) structural features (agronomic, technological, economic, and political) that determine the nature of domestic food systems; (b) the role of domestic food and agricultural policies in international markets and the integrating forces of international research, trade, and food aid in the world food economy; and (c) future constraints to food security, with an emphasis on the environment. The course centers on food markets and food policy within a global context, with slightly more emphasis on U.S. food and agricultural policy, and regions with historically high prevalence of food insecurity. The course can be taken for 3 units without the modeling exercise, and for 5 units with the modeling exercise. Students will be expected to complete a significant amount of reading in advance of each meeting, to conduct both theoretical and empirical analysis throughout the quarter, and to undertake a large group modeling project focused on forecasting food prices, trade, and food security across regions (if taking the course for 5 units).

Dynamic programming applied to a variety of economic problems. These problems will be formulated in discrete or continuous time, with or without uncertainty, with a finite or infinite horizon. There will be weekly problem sets and a take-home final that will require MATLAB programming. 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.

Growth models (neoclassical, human capital, technical change) using optimal control theory. Real business cycle and new Keynesian models (business cycle fluctuations, inflation dynamics, the effects of monetary and fiscal policy, and optimal policy), using methods for solving dynamic, stochastic, rational expectations models. 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 210.

Real business cycle and new Keynesian models: business cycle fluctuations, inflation dynamics, the effects of monetary and fiscal policy, and optimal policy. Models of heterogeneity: search models of the labor market; precautionary savings and general equilibrium with incomplete markets; constrained efficiency; endogenous market incompleteness and recursive contracts; optimal taxation and redistribution. 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. Prerequisites: ECON 203, ECON 210, ECON 211.

This course uses microeconomic theory and empirical analyses to understand barriers to human and economic development in lower income countries, as well as how public policies are formulated and their effectiveness at alleviating poverty. Topics include institutions and governance; human capital accumulation; productivity; inequality; poverty traps. Prerequisites: 202 or 202N, 270.

This course uses economic theory and empirical analyses to understand barriers to human and economic development in lower income countries, as well as how public policies are formulated and their effectiveness at alleviating poverty. Topics include barriers to agricultural productivity; urban and rural labor markets; migration; technological change; models of growth and development and public finance in less developed countries. Prerequisites: 202 or 202N, 270.

This course focuses on savings, credit, informal insurance, the expansion of microfinance, social networks, social learning and technology adoption, public finance and firm organizations. Prerequisite: 202, 203, 204, 210, 211, 212, 270, 271, 272.

This course focuses on savings, credit, informal insurance, the expansion of microfinance, social networks, social learning and technology adoption, public finance and firm organizations. Course combines individual meetings and student presentations, with an aim of initiating dissertation research in development. Recommended Prerequisites: ECON 214, ECON 215. Enrollment by non-Econ PhD students requires instructors' consent.