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
MATH 41 or equivalent.
Terms: Aut, Win
| Units: 5
| UG Reqs: GER:DB-Math, WAY-AQR, WAY-SI
Instructors:
McKeon, S. (PI)
;
Chen, L. (TA)
;
Dodds, W. (TA)
;
Ferranti, M. (TA)
;
Mills, B. (TA)
;
Yeow, V. (TA)
;
Zhang, J. (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:
Bergstrom, K. (PI)
;
Gong, K. (PI)
;
McKeon, S. (PI)
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Instructors:
Bergstrom, K. (PI)
;
Gong, K. (PI)
;
McKeon, S. (PI)
;
Zhang, L. (PI)
;
Bergstrom, K. (TA)
;
Mills, B. (TA)
;
Zhang, L. (TA)
ECON 102C: Advanced Topics in Econometrics
The program evaluation problem. Identifying and estimating the effects of policies on outcomes of interest (e.g., tax rates on labor supply, etc.). Identifying and estimating the effects of human capital on earnings and other labor market outcomes. Topics: Instrumental variables estimation; limited dependent variable models (probit, logit, Tobit models); Panel data techniques (fixed and random effect models, dynamic panel data models); Duration models; Bootstrap and Estimation by Simulation. Prerequisite:
Econ 102B
Terms: Win
| Units: 5
| UG Reqs: WAY-AQR, WAY-SI
Instructors:
Pistaferri, L. (PI)
;
Ginn, T. (TA)
ECON 106: World Food Economy (EARTHSYS 106, EARTHSYS 206, ECON 206, ESS 106, ESS 206)
The economics of food production, consumption, and trade. The micro- and macro- determinants of food supply and demand, including the interrelationship among food, income, population, and public-sector decision making. Emphasis on the role of agriculture in poverty alleviation, economic development, and environmental outcomes. (graduate students enroll in 206)
Terms: Spr
| Units: 5
| UG Reqs: WAY-SI
Instructors:
Burke, M. (PI)
;
Naylor, R. (PI)
;
Bieler, S. (TA)
;
Budiansky, E. (TA)
;
Maue, C. (TA)
ECON 111: Money and Banking
The primary course goal is for students to master the logic, intuition and operation of a financial system - money, financial markets (money and capital markets, debt and equity markets, derivatives markets), and financial institutions and intermediaries (the Central Bank, depository institutions, credit unions, pension funds, insurance companies, venture capital firms, investment banks, mutual funds, etc.). In other words, how money/capital change hands between agents over time, directly and through institutions. Material will be both quantitative and qualitative, yet always highly analytical with a focus on active learning - there will be an approximately equal emphasis on solving mathematical finance problems (e.g. bond or option pricing) and on policy analysis (e.g. monetary policy and financial regulation.) Students will not be rewarded for memorizing and regurgitating facts, but rather for demonstrating the ability to reason with difficult problems and situations with which they might not previously be familiar. Prerequisite:
Econ 50, 52. Strongly recommended but not required: some familiarity with finance and statistics (e.g.
Econ 135 or 140,
Econ 102A)
Terms: Aut, Sum
| Units: 5
| UG Reqs: WAY-SI
ECON 113: Economics of Innovation (PUBLPOL 354)
The role of innovation and technological change in long run economic growth and the sources of innovation in science, technology, and commercialization. Founding of new industries and new markets. Commercialization of new technologies. Incentives and organization of science. Entrepreneurship. Openness and proprietary/controlled innovation. Selected public policies toward invention and innovation. The industrial revolution, the shifting international location of innovation, and the information revolution. Focus of the second half of the course is on the newest research on the newest industries. Prerequisites: 51,102B.
Terms: Win
| Units: 5
| UG Reqs: WAY-SI
Instructors:
Bresnahan, T. (PI)
ECON 114: Economy and Economics of Ancient Greece (CLASSICS 183)
(Formerly
CLASSHIS 114.) Cultural and political background for Athens of the 5th and 4th century BC. Athenian economy of the 4th century BC. Economic ideas of Plato, Aristotle, and Xenophon. Pros and Cons of utilitarianism in light of the ethical theories of Plato and Aristotle. Economy and economics of ancient Greece will be compared to the same of ancient China. There is an interesting parallel.
Last offered: Winter 2015
| UG Reqs: GER:EC-GlobalCom, WAY-SI
ECON 116: American Economic History (AMSTUD 116, HISTORY 156)
The American economy from colonial times to the present, illustrating the role of history in economic life. Topics: U.S. economic development in global and comparative context; slavery as an economic system; emergence of American technology and business organization; economics of the Great Depression and the New Deal; post-World War II economic performance and social change; globalization, information technology, and inequality. Prerequisite: 1 or 1V.
Terms: Spr
| Units: 5
| UG Reqs: GER:DB-SocSci, WAY-SI, GER:EC-AmerCul
Instructors:
Wright, G. (PI)
;
Hodgson, C. (TA)
ECON 118: Development Economics
The microeconomic problems and policy concerns of less developed countries. Topics include: health and education; risk and insurance; microfinance; agriculture; technology; governance. Emphasis is on economic models and empirical evidence. Prerequisites: 51, 102B.
Terms: Aut
| Units: 5
| UG Reqs: GER:EC-GlobalCom, WAY-SI
Instructors:
Dupas, P. (PI)
;
Baseler, T. (TA)
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 51 and 102B
Terms: Spr
| Units: 5
| UG Reqs: WAY-SI, WAY-AQR, GER:EC-GlobalCom
Instructors:
Chandrasekhar, A. (PI)
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