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ECON 102C: Advanced Topics in Econometrics

Identification and estimation of the effect of human capital variables on earnings (such as the return to education, tenure), and identification and estimation of labor supply models, focusing on microeconomic data. Topics: instrumental variable estimation, limited dependent variable models (probit, logit, and Tobit models), and panel data techniques (fixed effect and random effect models, dynamic panel data models).
Terms: Spr | Units: 5 | UG Reqs: WAY-AQR, WAY-SI | Grading: Letter or Credit/No Credit

ECON 103: Applied Econometrics

The construction and use of econometric models for analyzing economic phenomena. Students complete individual projects and core material. Topics vary with the instructor. Enrollment restricted to Juniors and Seniors. Limited enrollment. Prerequisites: 52, 102B.
Terms: Win | Units: 5 | Grading: Letter or Credit/No Credit

ECON 104: Econometrics Applied to Macroeconomics and Finance

Seminar in quantitative analysis of issues relating to the overall performance of the American and global economies. Emphasis on the recent economic crisis. Requires the execution and presentation of an original research paper using econometric techniques. Prerequisites: Econ 51, 52, 102B. Recommended: Econ 140. Limited enrollment.
Terms: Win | Units: 5 | UG Reqs: WAY-AQR, WAY-SI | Grading: Letter or Credit/No Credit

ECON 106: World Food Economy

The interrelationships among food, populations, resources, and economic development. The role of agricultural and rural development in achieving economic and social progress in low-income nations. Emphasis is on public sector decision making as it relates to food policy.
Terms: Win | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit

ECON 111: Money and Banking

Money, interest rates, banks and other financial institutions at both micro and macro levels. Micro: alternative financial instruments, the determination of interest rates, the yield curve, and the role of banks and other capital market institutions in the intermediation process. Supply of money, regulation, and supervision. Macro: the choice of monetary policy by the central bank, the impact of monetary policy making institutions on this choice and the various channels through which monetary policy affects inflation and real variables in the economy. Emphasis is on the institutional structure of Federal Reserve System and the conduct of monetary policy in the U.S. Prerequisites: 50, 52.
Terms: Win, Sum | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit

ECON 113: Economics of Innovation

The modern, knowledge-based economy characterized by: rapid innovation; a dramatic increase in the rate of production of information and decline in the cost of producing it; and pervasive network externalities or increasing returns to scale. Emphasis is on the role of patents and alternative mechanisms for creating incentives for firms to innovate. Topics include: why there may be too much innovative activity; how patent laws may slow rather than help innovation; and the interaction between public and private sector innovation. Prerequisite: 51. Recommended: 102B.
Terms: Spr | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit
Instructors: Moser, P. (PI)

ECON 116: American Economic History

The American economy from colonial times to the present. Application of economic analysis to historical issues; the role of history in economic life. Topics: U.S. economic development in global and comparative context; origins and consequences of the American system of technology and business organization; economics of the Great Depression and New Deal; recent U.S. economic performance in historical perspective. Prerequisite: 1A.
Terms: Spr | Units: 5 | UG Reqs: GER:DB-SocSci, GER:EC-AmerCul, WAY-SI | Grading: Letter or Credit/No Credit

ECON 118: Development Economics

The economic problems and policy concerns of developing countries. Theories of growth and development; inequality and poverty; credit and labor markets; health and education; politics and corruption. Emphasis is on economic models and econometric evidence rather than case studies. Prerequisites: 50, 52, 102B.
Terms: Aut | Units: 5 | UG Reqs: GER:EC-GlobalCom, WAY-SI | Grading: Letter or Credit/No Credit

ECON 123: Regulation and Competition in Less Developed Countries

The economics and workings of public intervention, control and liberalization of markets in less developed countries. Topics: natural monopoly regulation; institutions and regulatory commitment; infrastructure concessions; regulation and competition in network industries such as telecoms and electricity; liberalization of markets and competition policy; competition and efficiency; antitrust with a weak judiciary. Prerequisite: 51.
Terms: given next year | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit

ECON 126: Economics of Health and Medical Care (BIOMEDIN 156, BIOMEDIN 256, HRP 256)

Graduate students with research interests should take ECON 248. Institutional, theoretical, and empirical analysis of the problems of health and medical care. Topics: institutions in the health sector; measurement and valuation of health; nonmedical determinants of health; medical technology and technology assessment; demand for medical care and medical insurance; physicians, hospitals, and managed care; international comparisons. Prerequisites: ECON 50 and ECON 102A or equivalent statistics. Recommended: ECON 51.
Terms: Aut, last offered Autumn 2009 | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit
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