Economics (ECON)Arts and Sciences

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Course descriptions provided by the Courses of Study 2016-2017.

ECON 1001

Reviews lecture material presented in ECON 1110 lectures; provides problem-solving techniques, study tips, and additional problems to prepare for exams and problem sets; provides additional time for questions ... view course details

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  • 1-2 Credits Sat/Unsat

  •  6468ECON 1001  LEC 001

  • A&S students receive transcript credit only; cannot be used toward graduation.

ECON 1002

Reviews lecture material presented in ECON 1120 lectures; provides problem-solving techniques, study tips, and additional problems to prepare for exams and problem sets; provides additional time for questions ... view course details

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  • 1 Credit Sat/Unsat

  •  6469ECON 1002  LEC 001

  • A&S students receive transcript credit only; cannot be used toward graduation.

ECON 1107

The healthcare debate is one of the most contentious issues of our generation, and for good reason. The United States health care system accounts for 17.2% of US GDP and around 25% of the Federal Government's ... view course details

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    FWS Session. 

  • 3 Credits Graded

ECON 1110

Explanation and evaluation of how the price system operates in determining what goods are produced, how goods are produced, who receives income, and how the price system is modified and influenced by private ... view course details

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  • 3 Credits Stdnt Opt

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  • 3 Credits Stdnt Opt

ECON 1120

Analysis of aggregate economic activity in relation to the level, stability, and growth of national income. Topics may include the determination and effects of unemployment, inflation, balance of payments, ... view course details

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    Choose one lecture and one discussion.

  • 3 Credits Stdnt Opt

ECON 2040

This interdisciplinary course examines network structures and how they matter in everyday life. The course examines how each of the computing, economic, sociological and natural worlds are connected and ... view course details

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    Combined with: CS 2850INFO 2040SOC 2090

  • 4 Credits Stdnt Opt

ECON 3030

The pricing processes in a private enterprise economy are analyzed under varying competitive conditions, and their role in the allocation of resources and the functional distribution of national income ... view course details

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    Choose one lecture and one discussion.

  • 4 Credits Stdnt Opt

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  • 4 Credits Stdnt Opt

ECON 3040

Introduces the theory of national income and determination and economic growth in alternative models of the national economy. Examines the interaction and relation of these models to empirical aggregate ... view course details

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    Choose one lecture and one discussion.

  • 4 Credits Stdnt Opt

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  • 4 Credits Stdnt Opt

ECON 3110

This course provides an introduction to probability and parametric inference. Topics include: random variables, standard distributions, the law of large numbers, the central limit theorem, likelihood-based ... view course details

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    Choose one lecture and one discussion. Combined with: ILRST 3110STSCI 3110

  • 4 Credits GradeNoAud

  •  8423ECON 3110  LEC 001

  • Prerequisites: MATH 1110 or equivalent. FORBIDDEN OVERLAP: Students may receive credit for only one course in the following group: ILRST/ECON/STSCI 3110, BTRY/STSCI 3080, ECON 3130, and MATH 4710

ECON 3120

Introduction to the theory and application of econometric techniques. Emphasis is on both development of techniques and applications of econometrics to economic questions. Topics include estimation and ... view course details

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  • 4 Credits Stdnt Opt

ECON 3130

Provides an introduction to statistical inference and to principles of probability. It includes descriptive statistics, principles of probability, discrete and continuous distributions, and hypothesis ... view course details

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    Choose one lecture and one discussion.

  • 4 Credits Stdnt Opt

ECON 3170

Teaches how to evaluate causal claims, e.g., about the effectiveness of government policies. Students learn to apply their knowledge of statistics and regression analysis to investigate the effectiveness ... view course details

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    Combined with: PAM 4100

  • 3 Credits Stdnt Opt

ECON 3300

Examines the causes and consequences of sustained economic growth, and the development of economics as a discipline, from pre-industrial mercantilist thought through the economics of John Maynard Keynes. ... view course details

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    Combined with: ILRLE 3440

  • 4 Credits GradeNoAud

ECON 3310

Surveys problems in American economic history from the first settlements to early industrialization. view course details

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    Combined with: AMST 3230

  • 4 Credits Stdnt Opt

ECON 3340

Surveys the history of social policy in Great Britain and the United States from 1800 to the adoption of the British welfare state after World War II. Topics include the role of poor relief in the early ... view course details

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    Combined with: ILRLE 4440

  • 4 Credits GradeNoAud

ECON 3380

Examines the development of the Chinese economy and the evolution of China's economic system between the early 1950s and late 1990s. view course details

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    Combined with: ASIAN 3393CAPS 3380

  • 4 Credits Stdnt Opt

ECON 3410

Seeks to illustrate the complexity of decision making in a nonprofit organization and to show how microeconomic analysis in general, and labor-market analysis in particular, can usefully be applied to ... view course details

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    Combined with: ILRLE 3480ILRLE 6480

  • 4 Credits GradeNoAud

ECON 3440

Examines the changing economic roles of women and men in the labor market and in the family. Topics include a historical overview of changing gender roles, the determinants of the gender division of labor ... view course details

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    Combined with: FGSS 4460ILRLE 4450

  • 4 Credits GradeNoAud

ECON 3460

Surveys economic and industrial issues in the sports industry. Topics include salary determination, including free agency, salary caps, salary arbitration; competitive balance and financial health of sports ... view course details

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    Combined with: ILRLR 4030

  • 4 Credits GradeNoAud

ECON 3545

This course will examine the determinants of international capital flows and their consequences for growth and volatility. Basic analytical models in international finance, including those related to exchange ... view course details

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    Combined with: AEM 4545

  • 3 Credits Graded

  • 16656ECON 3545  LEC 001

  • Prerequisite: AEM 4230/ECON 3020/ECON 3040 or equivalent. Intermediate Econometrics/statistics desirable but not required.

ECON 3720

Health care systems and health policy are undergoing rapid change as medical technology advances and costs rise. Debates concerning the delivery, regulation and financing of health care have intensified. ... view course details

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    Combined with: PAM 4370

  • 3 Credits Stdnt Opt

ECON 3740

This course has two objectives: 1) To explore how Economics can be used to understand global health, and 2) to provide tools and skills for understating global health policy. I emphasize economic models, ... view course details

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    Combined with: PAM 4140

  • 3 Credits Graded

ECON 3805

This course will examine issues that arise when a country attempts to implement and maintain a "competition policy" as a way of promoting economic growth and efficiency. The basic reading material will ... view course details

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    Combined with: LAW 4021

  • 4 Credits Graded

ECON 3850

This class will focus on the use of economics as a tool in forming and evaluating environmental policy, with a focus on how economists measure the health and economic effects of pollution and environmental ... view course details

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    Combined with: PAM 3670PAM 5970

  • 3 Credits Stdnt Opt

ECON 3920

Focuses on the unique features of agricultural commodity markets. Emphasizes government and private institutions that affect these markets, as well as on models of price behavior including marketing margins ... view course details

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    Combined with: AEM 6400

  • 3 Credits Graded

ECON 4210

A systematic treatment of the determinants of the money supply and the volume of credit. Economic analysis of credit markets and financial institutions in the United States. view course details

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  • 4 Credits Stdnt Opt

ECON 4220

Examines the theory and decision making in the presence of uncertainty and the practical aspects of particular asset markets. view course details

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  • 4 Credits Stdnt Opt

ECON 4260

Analyzes the role of government in a free market economy. Topics include public goods, market failures, allocation mechanisms, optimal taxation, effects of taxation, and benefit-cost analysis. Current ... view course details

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  • 4 Credits Stdnt Opt

ECON 4520

Surveys the determination of exchange rates and theories of balance of payments adjustments. Also explores open economy macroeconomics and analyzes some of the institutional details of foreign exchange ... view course details

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  • 4 Credits Graded

ECON 4560

Examines microeconomic issues in developing countries, with an emphasis on recent research in the field. Studies the theoretical and empirical aspects of current economic and policy questions. Topics include ... view course details

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  • 4 Credits Stdnt Opt

ECON 4630

Highlights of the course include (1) the role of the state in an industrial society; the drive for industrialization; the prevention of de-industrialization; the views of the Nobelists-Friedman, the Libertarian ... view course details

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  • 4 Credits Stdnt Opt

ECON 4810

Constructs dynamic models of renewable, nonrenewable, and environmental resources to examine market allocation and optimal resource management. view course details

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    Combined with: AEM 4500

  • 3 Credits Graded

  •  6645ECON 4810  LEC 001

  • Prerequisite: MATH 1110, ECON 3130 (now ECON 3030), and familiarity with Excel. Preference given to AEM Majors.

ECON 4830

Studies the theory of production economics with emphasis on applications to agriculture and natural resources. Topics include the derivation, estimation, and use of production, cost, profit, revenue, demand, ... view course details

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    Combined with: AEM 6080

  • 3 Credits GradeNoAud

  •  6431ECON 4830  LEC 001

  • Prerequisite: ECON 3130 and Math 1110 or equivalents.

ECON 4902

Covers bank management and supervision, with special reference to international supervisory agreements (Basel II) and U.S. Federal guidance. Sources of risk are considered-market, credit, operational, ... view course details

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  • 4 Credits Stdnt Opt

ECON 4903

The course will appeal to students who have strong quantitative skills and would like to see applications of economic theory to analyze issues prominent in major public debates. Currently, we offer a very ... view course details

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  • 4 Credits Stdnt Opt

ECON 4905

Financial Fragility and the Macro-economy. Topics will include the history and theory of bank runs and other panics, the recent financial meltdown, bubbles, moral hazard, irrational exuberance, rational ... view course details

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  • 4 Credits Stdnt Opt

ECON 4906

Industrial organization economists study firm behavior in imperfectly competitive markets, which are far more common than the perfectly competitive markets that were the focus of your introductory ... view course details

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  • 4 Credits Stdnt Opt

ECON 4907

This course provides an introduction to the economics of asymmetric information, contracts and mechanism design. Topics covered include: bilateral contracting problems with moral hazard and/or adverse ... view course details

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  • 4 Credits Stdnt Opt

ECON 4990

Students should consult the director of undergraduate studies for details. Admission is competitive. Interested students should apply to the program in the spring semester of their junior year. view course details

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  • 4 Credits Multi-Term

  •  5805ECON 4990  IND 601

    • M
    • Besharov, G

ECON 4999

Independent study. NOTE: Formerly ECON 4980. view course details

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  • 1-4 Credits Stdnt Opt

  •  8084ECON 4999  IND 601

    • TBA
    • Wissink, J

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  • 1-4 Credits Stdnt Opt

  •  9087ECON 4999  IND 602

    • TBA
    • Hay, G

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  •  9088ECON 4999  IND 603

    • TBA
    • Barseghyan, L

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  •  9090ECON 4999  IND 605

    • TBA
    • Barwick, P

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  •  9091ECON 4999  IND 606

    • TBA
    • Hong, Y

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  •  9098ECON 4999  IND 608

    • TBA
    • Prasad, E

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  •  9103ECON 4999  IND 609

    • TBA
    • Berry, J

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  •  9104ECON 4999  IND 610

    • TBA
    • Besharov, G

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  • 10100ECON 4999  IND 612

    • TBA
    • Coate, S

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  • 10129ECON 4999  IND 613

    • TBA
    • Wan, H

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  • 10130ECON 4999  IND 614

    • TBA
    • Li, S

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  • 10136ECON 4999  IND 615

    • TBA
    • Troshkin, M

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  • 10150ECON 4999  IND 616

    • TBA
    • Huckfeldt, C

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  •  5804ECON 4999  IND 617

    • TBA
    • O'Donoghue, T

ECON 6090

Topics in consumer and producer theory. view course details

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    Choose one lecture and one discussion.

  • 4 Credits Stdnt Opt

  •  5806ECON 6090  LEC 001

  • Enrollment limited to: first year Economics grad students.

ECON 6130

Covers the following topics: static general equilibrium; intertemporal general equilibrium: infinitely lived agents models and overlapping generations models; welfare theorems; equivalence between sequential ... view course details

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  • 4 Credits Stdnt Opt

  •  5808ECON 6130  LEC 001

  • Enrollment limited to: first year Economics grad students.

ECON 6170

Covers selected topics in matrix algebra (vector spaces, matrices, simultaneous linear equations, characteristic value problem), calculus of several variables (elementary real analysis, partial differentiation) ... view course details

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    Choose one lecture and one discussion.

  • 4 Credits Stdnt Opt

  •  5810ECON 6170  LEC 001

  • Enrollment limited to: first year Economics grad students.

ECON 6190

Gives the probabilistic and statistical background for meaningful application of econometric techniques. Topics include probability theory probability spaces, random variables, distributions, moments, ... view course details

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    Choose one lecture and one discussion.

  • 4 Credits Stdnt Opt

  •  5812ECON 6190  LEC 001

  • Enrollment limited to: first year Economics grad students.

ECON 6420

Covers microeconomic theory and its applications to health and health care markets. Topics include consumer demand for health and health behaviors, the supply side of health promotion, the industrial ... view course details

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    Combined with: PAM 6420

  • 3 Credits Graded

ECON 6590

Focuses on empirical strategies to identify the causal effects of public policies and programs. The course uses problem sets based on real-world examples and data to examine techniques for analyzing ... view course details

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    Combined with: PAM 6090

  • 3 Credits Stdnt Opt

ECON 6910

Social science research almost always combines empirical observation (data), the construction of concepts (language), and the logical analysis of the relations between observations and concepts (statistics).  ... view course details

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    Combined with: GOVT 6122PHIL 6422

  • 4 Credits Graded

ECON 6990

Independent study. view course details

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  • 1-4 Credits Stdnt Opt

  •  9012ECON 6990  IND 601

    • TBA
    • Boyer, G

  • Enrollment Information

  • 1-4 Credits Stdnt Opt

  •  9976ECON 6990  IND 603

    • TBA
    • Caunedo, J

ECON 7260

An overview of the models and methods for analyzing data with cross-sectional dependence, i.e., those able to explicitly test behavioral models with interdependent agents' decisions. The technicalities ... view course details

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  • 4 Credits Stdnt Opt

ECON 7360

Spends a large part of the semester covering the revenue side of public finance. Topics include the impact of various types of taxes as well as the determination of optimal taxation. The impact of taxation ... view course details

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  • 4 Credits Stdnt Opt

ECON 7385

Focused on analytical models of political institutions, this course is organized around canonical models and their applications. These include voting models, menu auctions, models of reputation, and cheap ... view course details

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  • 4 Credits Stdnt Opt

ECON 7420

Includes reading and discussion of selected topics in labor economics. Stresses applications of economic theory and econometrics to the labor market and human resource areas. view course details

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    Combined with: ILRLE 7450

  • 4 Credits Graded

ECON 7440

The purpose of this course is to familiarize students with canonical models of search and study their application in macroeconomics and labor economics. Our primary objective will be to study the most ... view course details

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    Seven Week - First. 

  • 2 Credits Stdnt Opt

  • Topic: Macro Labor

  • 15505ECON 7440  LEC 001

    • TR
    • Aug 23 - Oct 7, 2016
    • Huckfeldt, C

ECON 7480

Considers methods for the analysis of longitudinal data, that is, data in which a set of individual units are followed over time. Focuses on both estimation and specification testing of these models. Students ... view course details

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    Combined with: ILRLE 7410

  • 4 Credits GradeNoAud

ECON 7510

This course offers a graduate-level introduction to theoretical models in industrial organization. It is designed to prepare researchers to identify interesting questions and rigorously motivate empirical ... view course details

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  • 4 Credits Stdnt Opt

ECON 7530

This is an advanced study course in Industry Dynamics. Much improvement has been made in the study of aggregate productivity, investment, and aggregate output dynamics by understanding the micro structure ... view course details

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    Seven Week - Second. 

  • 2 Credits Stdnt Opt

ECON 7570

Considers some major topics in the economics of uncertain information. Although the precise topics considered vary from year to year, subjects such as decision making under uncertainty, markets with asymmetric ... view course details

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    Seven Week - First. 

  • 2 Credits Stdnt Opt

ECON 7650

Graduate students and the instructor present draft research proposals, papers, and preliminary thesis results for group review and discussion. Students who actively participate by offering written and ... view course details

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    Combined with: AEM 7650

  • 1-3 Credits Sat/Unsat

ECON 7670

This course will provide a selective overview of topics at the cutting-edge of academic research and policy debates about the international financial system. Main areas will include the effects of financial ... view course details

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    Combined with: AEM 7670

  • 3 Credits Sat/Unsat

  •  6774ECON 7670  LEC 001

  • Prerequisite: basic Ph.D level courses in Microeconomics and Applied Econometrics.

ECON 7841

Research workshop featuring guest lecturers. view course details

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  • 3 Credits Sat/Unsat

ECON 7842

Research workshop featuring guest lecturers. view course details

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  • 3 Credits Sat/Unsat

ECON 7843

Research workshop featuring guest lecturers. view course details

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  • 3 Credits Sat/Unsat

ECON 7845

Presentations of completed papers and work in progress by faculty members, advanced graduate students, and speakers from other universities. Focuses on the formulation, design, and execution ... view course details

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    Combined with: ILRLE 9400

  • 3 Credits S/U NoAud

ECON 7846

Research workshop featuring guest lecturers. view course details

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  • Enrollment Information

  • 3 Credits Sat/Unsat

ECON 7847

Research workshop featuring guest lecturers. view course details

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  • Enrollment Information

  • 3 Credits Sat/Unsat

ECON 7848

Research workshop featuring guest lecturers. view course details

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  • Enrollment Information

  • 3 Credits Sat/Unsat

ECON 7849

Research workshop featuring guest lecturers. view course details

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  • 3 Credits Sat/Unsat

ECON 7850

Ph.D. students in the Field of Economics are required to take this year-long research seminar, and receive a grade of Satisfactory, in order to remain in good standing in the Ph.D. program. Students present ... view course details

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  • 4 Credits Sat/Unsat

ECON 7852

Research workshop featuring guest lecturers. view course details

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  • Enrollment Information

  • 3 Credits Sat/Unsat