• Talk by Prof. Purdie-Vaughns on 12/3, 6:30 pm at the Schomburg Center: "Race Matters, but Not How You Think it Does" http://t.co/ee7tN5QgUZ
  • MetroNY Association for Women in Science: Resume Writing Workshop on Saturday 11/22 at 1pm. http://t.co/vAw2gMLbOs
  • Info session for summer programs in Beijing and Shanghai: Wednesday 11/19 at 4pm, 403 Kent Hall. http://t.co/MJTDixXS1B
  • TODAY (Nov. 18) at 4pm, 208b Butler: "Discussions That Count" workshop @GSASTeaching. http://t.co/V2D4XOOVeh
  • Ph.D. students in years 4-7: Deadline to apply for Internships in Academic Administration is this Friday 11/14. http://t.co/PQpiaRLRr3

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Calendar

From Monday, November 24 through Wednesday, November 26, All Day Event

Tuesday, November 25 from 2:00 pm to 3:00 pm EST

Tuesday, November 25 from 4:10 pm to 6:00 pm EST

First-Year Program

ECON G6211x-G6212y. Microeconomic Analysis, I and II. 4 pts. Prerequisites: Permission of Director of Graduate Studies required Corequisites:ECON G6410

Consumer and producer behavior; general competitive equilibrium, welfare and efficiency, behavior under uncertainty, intertemporal allocation and capital theory, imperfect competition, elements of game theory, problems of information, economies with price rigidities.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6211
ECON
6211
26664
001
TuTh 2:40p - 3:55p
413 INTERNATIONAL AFFAIRS BLDG
P. Chiappori
Q. Liu
37 [ More Info ]
Spring 2015 :: ECON G6212
ECON
6212
76589
001
MW 8:40a - 9:55a
TBA
P. Bolton
Y. Che
0 [ More Info ]

ECON G6215x-G6216y. Macroeconomic Analysis. 4 pts. Prerequisites: Permission of Director of Graduate Studies required.

Concept of full employment. Models of underemployment and theory applicability, determinants of consumption and of investment, multiplier and accelerator analysis, an introduction to monetary macroeconomics, the supply side and inflation. Integration of macroeconomics with microeconomic and monetary analysis.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6215
ECON
6215
66727
001
MW 11:40a - 12:55p
503 HAMILTON HALL
R. Reis
X. Sala-I-Martin
45 [ More Info ]
Spring 2015 :: ECON G6216
ECON
6216
68663
001
MW 2:40p - 3:55p
TBA
J. Steinsson
M. Uribe
0 [ More Info ]

ECON G6410x. Mathematical Methods for Economists. 4 pts. Prerequisites: Multi-variable differential calculus, linear algebra and basic real analysis. Primarily for graduate students in the Department of Economics and Business Finance; open to others after successful performance on a Math Placement Exam.

Introduction to the mathematical techniques needed for the study of economics and econometric methods. Topics include the vector spaces, Hilbert spaces, Banach spaces, linear transformations; optimization theory, and linear differential and difference equations.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6410
ECON
6410
66886
001
Tu 9:00a - 10:50a
405 INTERNATIONAL AFFAIRS BLDG
J. Nosal 36 [ More Info ]

ECON G6411x-G6412y. Introduction To Econometrics, I and II. 4 pts. Corequisites:ECON G6410 and Permission of the Director of Graduate Studies.

G6411: introduction to probability theory and statistical inference. G6412: introduction to the general linear model and its use in econometrics, including the consequences of departures from the standard assumptions.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6411
ECON
6411
18201
001
MW 1:10p - 2:25p
410 INTERNATIONAL AFFAIRS BLDG
J. Bai 37 [ More Info ]
Spring 2015 :: ECON G6412
ECON
6412
62655
001
TuTh 8:40a - 9:55a
TBA
C. Rothe 0 [ More Info ]

ECON G6930y. Perspectives on Economic Studies. 3 pts. Prerequisites:ECON G6410, ECON G6411, ECON G6215, ECON G6211 Open only to Econ PhD candidates Corequisites:ECON G6212, ECON G6216, ECON G6412

This course will critically examine mainstream approaches to economic theory and practice, particularly in the areas of macroeconomic stabilization policy, poverty reduction, economic development, environmental sustainability, and racial and gender inequality. Topics will vary from year to year, but may include responses to the credit crisis and Great Recession, global warming and international negotiations, globalization, the measurement of poverty and inequality, different approaches to poverty reduction, AIDS and malaria, mass imprisonment, children's wellbeing, the IMF and the World Bank, intellectual property in an international context, racial disparities in life expectancy, public pension systems in developed countries, health care, and homelessness. The course will also examine biases in economic discourse, both among policy makers and scholars.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6930
ECON
6930
65411
001
TuTh 1:10p - 2:25p
TBA
J. Stiglitz 0 / 25 [ More Info ]

Development

ECON G6270x or y. Women and the Economy. 3 pts. Prerequisites: Permission of the instructor.

Is the status of women higher in the West? If so why? What is the role of recent developments such as the contraceptive Pill or increasing returns to skill? Why is it that violence against women is more vicious and prevalent in India than in China today? Why is it that honor killings appear in West Asia? Why is it that polygyny is common in Africa, but not elsewhere? Why is it that the inner city is now gentrifying after decades of suburbanization? These are some of the questions the course will touch upon. The overall goal of the course is to provide an overview of women's status, its determinants and consequences, across history and cultures and show how the demands of reproduction and institutional factors have shaped the status of women and by extension society in matters large and small. The course will pay extra attention to the link between family forms and developments such as the abolishment of serfdom; the development of labor markets; and the extension of civil and political rights to women. Contemporary issues that will be discussed are parental sex preferences for children and prenatal sex choice; domestic and international migration; gender gaps in education and wages; the impact of increasing returns to skill for women's labor supply and households' location choices and thus real estate dynamics; the causes and consequences of the decline in marriage; and the rise in single motherhood.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6270
ECON
6270
66730
001
M 12:00p - 1:50p
1027 INTERNATIONAL AFFAIRS BLDG
L. Edlund 3 / 25 [ More Info ]

ECON G6290x or y. Topics in Development Economics. 3 pts. Prerequisites:G6211,G6212,G6215,G6216,G6411,G6412 or Permission of the Instructor required.

This course covers prominent topics in micro-development economics. Lectures and readings will cover theoretical frameworks; emphasize empirical research; and highlight gaps in the literature.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6290
ECON
6290
23147
001
Th 2:10p - 4:00p
1101 INTERNATIONAL AFFAIRS BLDG
S. Anand 6 / 25 [ More Info ]

ECON G6301x. Economic Growth and Development, I. 3 pts. Prerequisites:ECON G6211

This course introduces you to Development Economics by studying selected topics of current research interest. The topics divide up into three parts. Part 1 studies various approaches to thinking about the development process, beginning with the traditional growth model and taking it to the data. We then move on to critically examine theories of development based on multiple equilibria and history-dependence. Part 3 studies topics in the microeconomics of development, and focuses on models of credit, insurance and labor markets. Part 3 takes up political economy issues. We will study some theories of collective action, as well as some of the literature on distribution and conflict.

ECON G6303y. Economic Growth and Development, II. 3 pts. Not offered in 2014-2015.

This course examines the micro-economic development literature, with an emphasis on empirical applications. Topics include: nutrition, fertility, gender bias, health, credit and insurance, and institutions.

ECON G6305. Science, Technology and Economic Growth. 3 pts. Not offered in 2014-2015. Prerequisites: Intermediate micro and macroeconomics

Survey of research by economists and other social scientists on technological advance. The role of technological advance in economic analysis of economic growth, industrial organization, and science and technology policy will be examined in detail.

ECON G6306x. Industrial Development. 3 pts. Prerequisites:ECON G6211, ECON G6212 or Permission of the instructor

Survey of recent work on the microeconomics of the industrial sector in developing countries, with a primarily empirical focus. Topics include: credit constraints, industrial organization and market structure, learning and technology adoption, dualism in labor markets, varieties of labor contracts, returns to skill, the informal sector, trade and foreign direct investment, and the political economy of industrial policy.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6306
ECON
6306
17284
001
Tu 4:10p - 6:00p
1102 INTERNATIONAL AFFAIRS BLDG
E. Verhoogen 16 / 25 [ More Info ]

ECON G6452y. Labor Economics II. 3 pts. Prerequisites: Completion of 1st year graduate program in economics, or permission of the instructor, plus passing mark on the math qualifying exam.

G6452: Work on human capital, economics of education and other topics in labor economics emphasizing empirical tools.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6452
ECON
6452
74238
001
W 2:10p - 4:00p
1102 INTERNATIONAL AFFAIRS BLDG
W. MacLeod 0 / 25 [ More Info ]

ECON G8420x and y. Colloquium in Development. 3 pts. Prerequisites: Open to Economics PhD candidates only or permission from the instructors

Students will make presentations of original research.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G8420
ECON
8420
74438
001
F 12:00p - 1:00p
1101 INTERNATIONAL AFFAIRS BLDG
J. Hjort
S. Naidu
14 [ More Info ]
Spring 2015 :: ECON G8420
ECON
8420
73744
001
F 12:00p - 1:00p
1101 INTERNATIONAL AFFAIRS BLDG
J. Hjort
S. Naidu
0 [ More Info ]

Econometrics

ECON G6413x or y. Macro-Econometrics. 3 pts. Prerequisites:G6411 and G6412

The goal of the course is to equip students with basic econometric tools to analyze problems in macroeconomics and finance. This is not a theory course. The emphasis will be on implementation.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6413
ECON
6413
19945
001
M 11:00a - 12:50p
1102 INTERNATIONAL AFFAIRS BLDG
S. Ng 15 / 25 [ More Info ]

ECON G6417x. Econometrics III. 3 pts. Not offered in 2014-2015. Prerequisites:G6411 and G6412 and permission of the Director of Graduate Studies.

Course will cover panel data methods, extremem estimators, limited dependent variables, quantile regression

ECON G6423. Applied Econometrics. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6411-G6412 or instructor's permission.

Emphasis on the practical applications of econometric theory as developed in other courses. Specific problems in the specification, estimation, and testing of various microeconomic theories of demand, production, and labor as well as the macroeconomic relations of monetary, inflation, and unemployment theory. The formulation and use of econometric models. Emphasis on preliminary data analysis, reliability of data, and discrimination between competing models on the basis of empirical tests.

ECON G6425-G6426. Econometric Theory, I and II. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6411 and ECON G6412

G6425: the theory of estimation for simultaneous equations systems; two-stage least squares, three-stage least squares, indirect least squares, instrumental variable techniques, and other distribution free methods. G6426: the identification problem; the Cowles Commission construction -structure and model; identifiability in the context of linear simultaneous equations models; extensions to nonlinear models; nonparametric identification; identifiability in semiparametric models - GMM identification; nonstandard models - set identification.

ECON G6427x. Topics In Econometrics I. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6411 and G6412 and instructor�s permission.

Topics vary from year to year. Previous years' topics have included: Asymptotic theory of extremum estimators; Nonparametric econometric methods; Semiparametric modelling and estimation; Partial identification; Nonseparable models; limited dependent variables;

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6427
ECON
6427
23245
001
Th 11:00a - 12:50p
1102 INTERNATIONAL AFFAIRS BLDG
S. Lee 5 / 25 [ More Info ]

ECON G6428x or y. Advanced Econometric Theory. 3 pts. Prerequisites:G6411 and G6412 and permission of the instructor

Topics include Bayesian estimation, dynamic panel models, the bootstrap, simulation estimatiion of structural models, identification and partial identification problems.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6428
ECON
6428
29609
001
M 4:10p - 6:00p
1101 INTERNATIONAL AFFAIRS BLDG
J. Bai 0 / 25 [ More Info ]

ECON G6429x. Empirical Methods in Macroeconomics. 3 pts. Not offered in 2014-2015. Prerequisites:G6411 and G6412

Course will not be offered in the foreseeable future--See course G6417

ECON G8310xy. Colloquium in Econometrics. 3 pts. Prerequisites: Econometrics G6411 and G6412, Open only to PhD candidates in Economics

Students will make presentations of original research.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G8310
ECON
8310
74802
001
W 12:00p - 1:00p
1102 INTERNATIONAL AFFAIRS BLDG
C. Rothe
S. Ng
6 [ More Info ]
Spring 2015 :: ECON G8310
ECON
8310
21651
001
W 12:00p - 1:00p
1102 INTERNATIONAL AFFAIRS BLDG
C. Rothe
S. Ng
0 [ More Info ]

History of Economic Thought

ECON G6235. History of Economic Thought. 3 pts. Not offered in 2014-2015.

An examination of the foundations of economic analysis, with particular attention to the neoclassical tradition. Perspectives on the history of economic thought.

Industrial Organization and Regulation

ECON G6251. Topics In Industrial Organization. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6211 and ECON G6212 or instructor's permission.

The course studies recent developments in industrial organization. Coverage includes current research at the frontiers of the field, and the intellectual developments leading up to it. While topics vary from year to year, typically there is a balanced emphasize on empirical, policy-oriented, and theoretical research.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6251
ECON
6251
21840
001
F 9:00a - 10:50a
1102 INTERNATIONAL AFFAIRS BLDG
M. Riordan 0 [ More Info ]

ECON G6253x or y. Industrial Organization I. 3 pts. Prerequisites:ECON G6211 and ECON G6212 or instructor's permission

This course provides an introduction to a number of exciting research questions in industrial organization and organizational economics. While most of the content is theoretical, great emphasis is placed on the testable implications of the models we study: related empirical work is surveyed. The course aims to bring students to the research frontier by identifying open research questions and highlighting particularly active research areas.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6253
ECON
6253
65967
001
Th 9:00a - 10:50a
1102 INTERNATIONAL AFFAIRS BLDG
A. Prat 9 / 25 [ More Info ]

ECON G6254x or y. Industrial Organization II. 3 pts. Prerequisites:ECON G6211 and ECON G6212

This course provides an overview of topics in industrial organization (IO) economics. Its goals are to survey the main outlines of modern IO, to develop key theoretical ideas, to demonstrate important techniques, to link theory to empirical work, and to relate theoretical and empirical results to policy issues. Empirical two-period models. Empirical single-agent and multiple-agent dynamic models.

ECON G6255y. Industrial Organization III. 3 pts. Prerequisites:ECON G6211 & ECON G6212

This is an empirical course comprised of two parts. The first part examines single agent dynamics, and multi-agent dynamics (dynamic games). Both methodological advances and empirical applications will be discussed. Some of the topics that will be covered include: investment and replacement problems, durable goods, consumer learning, price dispersion and search costs, learning by doing, and networks and switching costs. There will be a strong focus on estimation details of dynamic oligopoly models. The second part of the course will review empirical models of imperfect information including auctions, moral hazard, and adverse selection.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6255
ECON
6255
65735
001
M 2:10p - 4:00p
1102 INTERNATIONAL AFFAIRS BLDG
C. Conlon 0 / 25 [ More Info ]

ECON G8440xy. Colloquium in Industrial Organization. 3 pts. Prerequisites: Open only to PhD students in Economics, or permission from the instructors.

Students will make presentations of original research.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G8440
ECON
8440
19718
001
W 10:00a - 11:00a
1102 INTERNATIONAL AFFAIRS BLDG
C. Conlon 4 [ More Info ]
Spring 2015 :: ECON G8440
ECON
8440
11987
001
W 10:00a - 11:00a
TBA
M. Riordan 0 [ More Info ]

International Economics

ECON G6809. International Finance. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6211, ECON G6212, ECON G6215, ECON G6216

This course examines international real and monetary business cycle models to explain economic fluctuations of main macroeconomic variables within and across countries.

ECON G6901. Strategic Issues In Trade and Financial Policy. 3 pts. Not offered in 2014-2015.

The objective of this course is to build a game-theoretic framework for thinking about trade and financial policies. Composed of three parts. In the first, a basic introduction to game theory is given; in the second, strategic trade policy is analyzed; and in the last, some issues in financial policies, such as debt and capital controls are considered.

ECON G6902y. The Theory of Trade Agreements. 3 pts. Not offered in 2014-2015. Prerequisites:G6211 and G6212 or Instructor's Permission

The theory of trade agreements: terms of trade and political economy theories. The interpretation and design of trade agreements: reciprocal liberalization; non-discriminatory (MFN) tariffs; enforcement; preferential trading agreements; labor and the enviornment; competition policy; expert subsidies and anti-dumping policies.

ECON G6903x. Theory of International Trade. 3 pts. Prerequisites:ECON G6211 and G4213, or instructor�s permission

The theory of comparative advantage, the gains form trade, trade and income distribution, international factor mobility, growth and trade.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6903
ECON
6903
29919
001
W 9:00a - 10:50a
1101 INTERNATIONAL AFFAIRS BLDG
D. Davis 8 / 25 [ More Info ]

ECON G6904y. International Money and Finance. 3 pts. Prerequisites: Instructor�s permission

This is a course that covers the most important empirical and theoretical new research as well as the essential papers in the field of international finance and macroeconomics. Topics include but are not limited to: optimal monetary policy in the open economy, theory and empirics of exchange rate determination with inflation targeting central banks, intertemporal approach to current account/financial adjustment, No - Arbitrage models of risk premia in the foreign exchange market, and models of international financial crises/lending booms. .

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6904
ECON
6904
18314
001
Tu 9:00a - 10:50a
1101 INTERNATIONAL AFFAIRS BLDG
R. Clarida 10 / 25 [ More Info ]

ECON G6905y. Topics In Trade. 3 pts. Prerequisites:ECON G6211 and ECON G6212 or Instructor's permission.

This course covers topics at the frontier of international trade research, placing an emphasis on theory. Previous topics include: trade patterns, offshoring, inequality, unemployment, trade and matching, firm organization, and trade policy.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6905
ECON
6905
75409
001
W 9:00a - 10:50a
1101 INTERNATIONAL AFFAIRS BLDG
D. Davis 0 / 25 [ More Info ]

ECON G6906. Topics In International Monetary Economics. 3 pts. Not offered in 2014-2015.

Prerequisite: ECON G4213, G6211, and G6904. Selected advanced topics in the macroeconomics of open economics.

ECON G6907. Theory of Commercial Policy. 3 pts. Not offered in 2014-2015. Prerequisites: Instructor's permission.

Prerequisite: ECON G6211, or instructor's permission. The welfare economics of international trade and investment; analysis and evaluation of the effects of tariffs and quotas on production, consumption, and trade under competitive and monopolistic conditions; retaliation and trade warfare; the theory of optimal intervention in the presence of distortions of the price system; the brain drain and taxation; optimal trade and tax policy in the context of international factor mobility.

ECON G6908y. Global Economic Policy. 3 pts.

Concepts of gross world product and gross trade product. Global monetary aggregates-the international capital markets: past, present, and future trends. Theory of dominant currencies and currency areas. The international general equilibrium system. Impediments to global efficiency. International macroeconomic and development policies. Economic and political control of resources and transport. International pollution. World inflation and depression. Control of international business cycle. Global banking complexes. Stability of the Eurodollar market. Evaluation of 20th-century economic experience in the historical perspective of the world economic system. Challenges of the 1970s and prospects for the 1980s

ECON G6910. Topics In Economic Geography. 3 pts. Not offered in 2014-2015.

Recent trends in economic geography. The major ideas of economic geography and how they can be empirically implemented and tested. Emphasis on locational theories arising from models based on comparative advantage and increasing returns.

ECON G6920. Capitalism in the Anthropocene. 3 pts. Prerequisites: Microeconomics and Macroeconomics,W1105, W3211 and W3213, and basic calculus and algebra such as V1101 or V1102, V1201 or y, and Calculus 111A.

Capitalism is evolving in response to driving economic issues in the Anthropocene, as humans have become the dominant geological force in the planet. These issues include Globalization and the evolution of the world's financial markets, the knowledge revolution and the global environmental crisis. Can Capitalism adapt to sustainable development? Can financial markets evolve and help resolve the climate issue, the water crisis, and the destruction of global biodiversity? The seminar will cover the new types of markets that are emerging and changing capitalism so it becomes consistent with sustainable development and closing the gap between the rich and the poor nations, while giving rise to a new definition of GDP that aligns economic progress with the survival of the human species.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6920
ECON
6920
63362
001
W 2:10p - 4:00p
TBA
G. Chichilnisky 0 [ More Info ]

Labor Economics

ECON G6451x. Economics of Labor I. 3 pts. Prerequisites: Completion of 1st year graduate program in Economics, or permission of the instructor plus passage of the math qualifying exam

G6451: Introduction to labor economics, theory and practice.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6451
ECON
6451
62033
001
W 9:00a - 10:50a
1027 INTERNATIONAL AFFAIRS BLDG
M. Rokkanen 11 [ More Info ]

ECON G6456. Topics In Labor Economics. 3 pts. Not offered in 2014-2015.

Prerequisite: ECON G6451-G6452. Focus on selected subjects of analytical or policy interest in the field of labor. Examples: newly evolving theoretical models of labor market and demographic behavior; effects of specific labor market policies; use of econometric techniques which frequently arise in labor economics.

Macroeconomics and Monetary Theory

ECON G6214. Frontiers of Macroeconomics. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6215, ECON G6216

This course will consist of a series of seminar presentations by eight guest macroeconomists at the forefront of the field. Students will be introduced to current trends and new work in macroeconomics and will participate in discussions.

ECON G6217. Topics In Macroeconomic Theory. 3 pts. Not offered in 2014-2015. Prerequisites: Core micro and macroeconomic theory courses, mathematics for economists, or instructor�s permission

This course will survey several topics in macroeconomics with heterogenous goods and agents. Questions include: the characterization of equilibrium dynamics in the presence of frictions and the allocation of resources in the presence of heterogeity. The presentation will mix classical problems with modern applications with the goal of preparing students for their own research. Topics include: models of search and matching (with applications to labor markets); macroeconomic dynamics in the presence of frictions (with applications to pricing and investment); the allocation problem (with applications to consumer durables, location theory, and international trade).

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6217
ECON
6217
70129
001
Th 9:00a - 10:50a
1101 INTERNATIONAL AFFAIRS BLDG
J. La'O 0 / 25 [ More Info ]

ECON G6220x or y. Advanced Macroeconomic Analysis, I. 3 pts. Prerequisites:G6216 and G6412 or instructor's permission

Starting from the benchmark of rational expectations, where agents at all dates know the full state of the economy and know the structure that generated this state, the course presents several alternative models of imperfect information and expectations, and explores their implications for macroeconomic dynamics. These include: (i) models where agents know the structure but only exogenously observe part of the state (signal extraction and global games), (ii) models where agents do not know the structure but can learn about it (Bayesian learning), (iii) models where agents do not know the structure and use boundedly-rational mechanisms to form expectations (least-squares learning), (iv) models where agents only observe part of the state each date but choose which part (rational inattention), (v) models where agents choose when to observe the state (inattentiveness and sticky information), (vi) models where agents receive incomplete news today about the future state (news shocks). Applications will include consumption, business cycles, inflation, and monetary policy.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6220
ECON
6220
10929
001
Th 9:00a - 10:50a
1101 INTERNATIONAL AFFAIRS BLDG
M. Woodford 14 / 25 [ More Info ]

ECON G6221x. Macroeconomics and General Equilibrium Theory. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6212 or the equivalent, and a basic knowledge of calculus and box diagram techniques

Primarily for 2nd year economics Ph. D. students. This course deals with macroeconomic theory from a general equilibrium prospective, with particular emphasis on general equilibrium models with monopolistically competitive markets.

ECON G6222y. Advanced Macroeconomic Analysis, II. 3 pts. Prerequisites: Economics G6216 and G6412, or instructor�s permission.

This course deals with business cycle theories and methods for evaluating such theories. The course extends the canonical real business cycle model to analyze models with cyclical variation in markups, models of endogenous fluctuations, and models of news-driven short-run fluctuations. Attention is given to numerical methods to approximate the dynamics implied by stochastic general equilibrium models, with particular emphasis given to perturbation methods. The course will also include an operational introduction to full and limited-information approaches to the estimation of DSGE models.

ECON G6225x. Topics In Economic Analysis, I. 3 pts. Prerequisites:ECON G6216 and G6412, or instructor's permission.

This course covers several topics in macroeconomics and international macroeconomics, focusing on how heterogeneous individuals (or countries) respond to income fluctuations. International topics include the standard international business cycle setup, its calibration and main results; international risk-sharing; trade puzzles; and measurement issues. We will also cover individual decision making models in which individuals respond to income fluctuations under complete and incomplete markets, under full and asymmetric information. We will consider how policy can affect risk-sharing and welfare in these setups. Computational topics that are treated include local versus global solution methods, interpolation methods, continuous time methods, and high performance computing.

ECON G6226y. Topics in Applied Macro & Finance. 3 pts. Prerequisites:ECON G6215 and G6411, or instructor's permission.

This course covers a variety of topics in macroeconomics with an emphasis on empirical work and empirical methods. The topics include the Great Moderation, microeconomic evidence on the behavior of prices and investment and its macroeconomic implications, labor flows and models of unemployment, exchange rate pass-through, and panel data evidence on the long-run behavior of consumption and output. We discuss empirical methods relevant for macroeconomics including time series and panel data analysis, as well as Bayesian empirical methods, and provide an introduction to some relevant data sources. Students will be asked to give 20 minute class presentations on recent papers and to write a term paper.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6226
ECON
6226
67449
001
M 11:00a - 12:50p
1102 INTERNATIONAL AFFAIRS BLDG
J. Steinsson 1 / 25 [ More Info ]

ECON G6419. Complexity and Indeterminacy In Economic Models. 3 pts. Not offered in 2014-2015.

Introduction to recent developments in mathematical economic modeling that involve dynamic instability, indeterminacy and complexity.

ECON G6712y. Monetary Theory and Policy. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6211,G6212, or G6215-G6216.

The course emphasizes the use of dynamic equilibrium models in monetary policy analysis, with particular emphasis on analyses of optimal policy from the point of view of individual welfare. Topics treated in detail include the role of policy commitment, welfare evaluation of policy rules, inflation targeting, and integrated analysis of monetary and fiscal policy. The second half of the course will be largely devoted to monetary policy issues for open and developing economies. It begins with basic models of business cycles and current account determination in open economies. These building blocks are then used to analyze theories of high-inflation stabilization, balance-of-payments crises, and sovereign debt default.

ECON G6909. Empirical Topics In International Economics. 3 pts. Not offered in 2014-2015.

On the real side of international economics, topics include the testing of various trade theories, estimation of import demands, measurement of the gains from trade, effective rates of protection and development planning, and the determinants of tariffs. The monetary side is an empirical study of the determinants of capital flows and exchange rates: relative prices and trade flows, exchange rates and macroeconomic stability, and efficiency in the foreign exchange market.

ECON G8315xy. Economic Fluctuations Colloquium. 3 pts. Prerequisites:G6215 and G6216 Open only to Economics Ph.D. students.

Open-economy macroeconomics, computational methods for dynamic equilibrium analysis, and sources of business cycles.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G8315
ECON
8315
76612
001
F 12:00p - 1:00p
1101 INTERNATIONAL AFFAIRS BLDG
M. Uribe
S. Schmitt-Grohe
12 [ More Info ]
Spring 2015 :: ECON G8315
ECON
8315
63360
001
W 4:15p - 5:15p
1102 INTERNATIONAL AFFAIRS BLDG
M. Uribe
S. Schmitt-Grohe
0 [ More Info ]

ECON G8718xy. Colloquium In Monetary Economics. 3 pts. Prerequisites:G6215 and G6216 Open only to Economics Ph.D. students.

The topic of the colloquium is to be understood broadly, including in particular international monetary economics, stabilization policies, and the role of expectations in economic dynamics

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G8718
ECON
8718
72834
001
M 1:10p - 2:10p
1101 INTERNATIONAL AFFAIRS BLDG
M. Woodford
R. Reis
20 [ More Info ]
Spring 2015 :: ECON G8718
ECON
8718
61950
001
M 1:10p - 2:10p
1101 INTERNATIONAL AFFAIRS BLDG
M. Woodford
R. Reis
0 [ More Info ]

Microeconomic Theory and Mathematical Economics

ECON G6218x or y. Adv. Microeconomic Analysis I. 3 pts. Not offered in 2014-2015. Prerequisites:G6211 and G6212 or permission of the instructor

Main areas covered include pure and applied game theory, asymmetric information, communication, and learning. .

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6218
ECON
6218
60803
001
Th 2:10p - 4:00p
1101 INTERNATIONAL AFFAIRS BLDG
N. Kartik 0 / 25 [ More Info ]

ECON G6219y. Advanced Microeconomic Analysis, II. 3 pts. Prerequisites: Instructor's permission

The first half of this course is about strategic information transmission. We will develop both classic and cutting-edge models of communication, including some applications to organizations. The second half studies the burgeoning literature on social and economic networks. We will develop tools to model networks, analyze how given network structures affect individual interaction, and look at the formation of networks."

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6219
ECON
6219
12203
001
W 9:00a - 10:50a
1102 INTERNATIONAL AFFAIRS BLDG
P. Ortoleva 0 / 25 [ More Info ]

ECON G6232y. Matching: theory and empirical applications. 3 pts. Prerequisites:ECON G6211, ECON G6212, ECON G6411, ECON G6412

The course will focus on the economic theory of matching both from a theoretical and empirical point of views. It is intended to give the attendees an overview of the fundamental theory of the optimal assignment problem, as well as its application to various fields such as labor, family and transportation economics. A particular emphasis is put on the empirical aspects and identification issues, and the main matching algorithms will also be discussed. The last part of the course tries to make a link with matching games with nontransferable (or partially transferable) utility and attempts to provide a unified treatment.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6232
ECON
6232
60939
001
Tu 11:00a - 12:50p
1101 INTERNATIONAL AFFAIRS BLDG
B. Salanie 3 / 25 [ More Info ]

ECON G6414x or y. Micro-Econometrics. 3 pts.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6414
ECON
6414
71430
001
Tu 4:10p - 6:00p
1102 INTERNATIONAL AFFAIRS BLDG
B. Salanie 1 / 25 [ More Info ]

ECON G6415. General Equilibrium Foundations of Finance and Money. 3 pts. Not offered in 2014-2015. Prerequisites:G6211 and G6212

This course examines the foundations of money and finance from the perspective of general equilibrium with incomplete markets. The relevant mathematical tools from elementary stochastic processes to differential topology are developed in the course.

ECON G6416y. Game Theory With Economic Applications. 3 pts. Not offered in 2014-2015. Prerequisites:G6211 and G6212

This is a graduate level game theory course designed for Ph.D.students in economics, finance and related fields. The goal of the course is two-fold: to endow the students with the vocabulary, concepts and tools necessary to conduct research in wide range of applications, and to provide the students with a foundation for further research on game theory.

ECON G6418. Economic Applications of Control Theory. 3 pts. Not offered in 2014-2015.

Methods of calculus of variations and optimal control theory; applications of these methods to such economic problems as international decision making, growth, stabilization, and distribution. Some coverage of differential games.

ECON G6420x or y. Topics in Mathematical Economics. 3 pts. Not offered in 2014-2015.

In this course we plan to cover topics in current research. We concentrarte on general equilibrium and asymmetric information. In general equilibrium we cover mainly the following topics: Infinite Goods; Incomplete Markets, bankruptcy, default, collateral, insecurity claims, bubbles, knightian uncertianty. In asymmetric information we cover models without a single-crossing property and applications.

ECON G6440x. Contracts, Incentives, and Crises. 3 pts. Not offered in 2014-2015. Prerequisites: 1st year Economic PhD sequence or premission of the instructor.

Principles of implementation and mechanism design; emphasis on the theory of incentives, contracts and organization.

ECON G6492x or y. Political Economy. 3 pts. Prerequisites: Strongly recommended: ECON G6211, ECON G6212

The course studies collective decision-making, and exposes students to experimental laboratory methods, grounded in a strong foundation in microeconomics and formal political theory. We will exploit our new lab and students will acquire experience from participating in at least two experiments. The course will cover voting as aggregator of preferences; voting as aggregator of information; communication and deliberation; vote-buying and vote trading; behavioral game theory.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6492
ECON
6492
68956
001
W 2:10p - 4:00p
1102 INTERNATIONAL AFFAIRS BLDG
A. Casella 6 / 25 [ More Info ]

ECON G6600y. Market Design. 3 pts. Prerequisites:ECON G6211, ECON G6212

Market Design is an emerging field in economics that attempts to devise a practical scheme for allocating scarce resources to individuals who value them. Its applications involve many important real life problems ranging from allocation of government resources such as public land, fishing/mineral rights, radio spectrum licenses, allocation of school choice and transplantable human organs, assignment of workers to jobs, to placement of advertising in Internet search engines. Mechanism design underpins the field as a general methodological framework, which is in turn operationalized by two branches of theories: 1) Auction Theory and 2) Matching Theory. The course will provide a guide through these theories and discusses a few applications along the way.

ECON G8240. Economics and Politics of Industrial Competition. 3 pts. Not offered in 2014-2015.

ECON G8712xy. Colloquium In Microeconomics. 3 pts. Prerequisites:G6211, G6212, G6215, G6216, G6411, G6412

Open only to Economics Ph.D. students. Students will present their research on topics in Microeconomics.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G8712
ECON
8712
12000
001
Tu 1:00p - 2:00p
1101 INTERNATIONAL AFFAIRS BLDG
B. Salanie
P. Chiappori
6 [ More Info ]
Spring 2015 :: ECON G8712
ECON
8712
16638
001
Tu 1:00p - 2:00p
1101 INTERNATIONAL AFFAIRS BLDG
B. Salanie
P. Chiappori
0 [ More Info ]

ECON G8713xy. Colloquium in Microeconomic Theory. 3 pts. Prerequisites:G6215, G6216, G6211, G6212, G6411, G6412

Students will make presentation of original research in Microeconomics.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G8713
ECON
8713
73954
001
M 10:30a - 11:30a
1101 INTERNATIONAL AFFAIRS BLDG
N. Kartik
Q. Liu
10 [ More Info ]
Spring 2015 :: ECON G8713
ECON
8713
11723
001
M 10:30a - 11:30a
1101 INTERNATIONAL AFFAIRS BLDG
Y. Che 0 [ More Info ]

ECON G8714xy. Colloquium in Microeconomic Research Methods. 3 pts. Prerequisites:G6215, G6216, G6211, G6212, G6411, G6412

Students will make presentations of original research in Microeconomics.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G8714
ECON
8714
28157
001
M 12:00p - 1:00p
1101 INTERNATIONAL AFFAIRS BLDG
D. Almond
W. Kopczuk
7 [ More Info ]
Spring 2015 :: ECON G8714
ECON
8714
24790
001
M 12:00p - 1:00p
1101 INTERNATIONAL AFFAIRS BLDG
D. Almond
F. Gerard
0 [ More Info ]

Other Courses

ECON G4311. Economic History of the United States. 3 pts. Not offered in 2014-2015.

Economic development of the U.S., with special attention to the forces and factors responsible for economic growth: innovation, capital formation, transportation, banking, international trade and capital movements, immigration, and the labor supply. The interactions of public policy and private decision making.

ECON G4313. Economic History of Europe. 3 pts. Not offered in 2014-2015.

Prerequisite: ECON W3211 or the equivalent. The economic development of Europe from 1700 to the present, with emphasis on those factors responsible for modern economic growth and its pace; technical change, capital formation, labor supply, national and international finance, distribution, international trade, social structure, and the role of public policy.

ECON G6229. The Urban Economy. 3 pts. Not offered in 2014-2015. Prerequisites: Prerequisite: ECON G6211 or instructor�s permission.

Location theory, land use, housing discrimination, and transportation, including the effects of government policy.

ECON G6304. The Political Economy of Collective Action. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6211-G6212.

Exploration of the possibility of explaining national economic policies in terms of interaction of economic interest groups, thus endogenizing the political element of economic systems. Topics include problems of group and coalition formations, the logic of collective action, and the economic input into the political process. Special attention is paid to recent literature on endogenous tariff formation and other restrictive measures.

ECON G6308x. Political Economy: Theory and Empirics. 3 pts. Prerequisites: Instructor's permission.

The course is primarily intended for graduate level students in economics but is open for enrollment by graduate students in political science as well as those with knowledge of econometrics and microeconomics. Explores several current topics in the theory of political economy as well as its historical evolution, drawing on both economic and political science literature. It will focus primarily on economic decision-making, taking into consideration political processes.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6308
ECON
6308
16223
001
M 9:00a - 10:50a
1102 INTERNATIONAL AFFAIRS BLDG
S. Naidu 17 / 25 [ More Info ]

ECON G6450. Natural Resource and Environmental Economics. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G6211 or instructor�s permission.

Intended for graduate students in economics and covers more advanced material than Economics W4450. The economic theory of nonrenewable natural resources (minerals and energy), renewable natural resources (forestries and fisheries), and pollution management. Tools of dynamic optimization; optimal resource extraction in deterministic and stochastic settings; dynamic welfare analysis, optimality, sustainability and green national income accounting; instrument choice for pollution management (taxes, quotas, tradeable permits); institutional design (given imperfect information and agency problems); and techniques for environmental valuation.

ECON G6465y. Topics in Health Economics. 3 pts.

This course surveys what is possible, interesting, and convincing in health economics research. To this end, the course focuses on the recent empirical literature of health determinants. This literature has benefited from: a) the application of empirical tools pioneered in labor economics, and; b) the quantity and quality of readily-available microdata on health outcomes. While the course's focus is squarely on empirical determinants of health, three theoretical frameworks guide the course: the human capital model of health (Grossman 1972), the theory of capacity formation (Cunha & Heckman 2007), and the potential outcomes framework (Rubin 1974).

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: ECON G6465
ECON
6465
13769
001
M 9:00a - 10:50a
1102 INTERNATIONAL AFFAIRS BLDG
D. Almond 1 / 25 [ More Info ]

ECON G6490. Economics of Transition. 3 pts. Not offered in 2014-2015.

Topics in the new economics field of Transition Economics and the problems raised by the transformation of soviet-type socialist economies into modern market economics.

ECON G6521. The Economics of European Integration. 3 pts. Not offered in 2014-2015.

Theory and institutions of European economic integration stressing contemporary economic policies and problems of the European Communities. Customs union theory; empirical research on the trade and welfare effects of economic integration; theory of optimum currency areas and the mechanisms of the European Monetary System; member-state macroeconomic policy; the Common Agricultural Policy of the EEC; regional, industrial and social policy; external economic relations of the EEC; US-EC trade and monetary tensions.

ECON G6530. Problems of Japanese Economy. 3 pts. Not offered in 2014-2015. Prerequisites:ECON G4325.

Maximum student enrollment: 15-primarily intended for Ph.D. students who want to specialize in Japan. Salient issues of the Japanese economy that have attracted considerable academic attention.

Public Finance

ECON G6805x-G6806y. Public Finance, I and II. 3 pts. Prerequisites:ECON G6211 and G6215.

G6805 covers analysis of taxation, welfare and social insurance programs - their efficiency and redistributive consequences, optimal design, policy issues and empirical evidence. G6806 provides an overview of issues surrounding local public finance and public service provision in the U.S. and developing countries (G6806 is cross listed with Economic Development). The emphasis is on topics related to empirics (e.g. research designs) and education; applied theoretical work appears as well. .

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G6805
ECON
6805
75011
001
W 11:00a - 12:50p
1027 INTERNATIONAL AFFAIRS BLDG
W. Kopczuk 1 / 25 [ More Info ]
Spring 2015 :: ECON G6806
ECON
6806
27227
001
M 4:10p - 6:00p
1102 INTERNATIONAL AFFAIRS BLDG
F. Gerard 0 / 25 [ More Info ]

ECON G6807. Public Finance III. 3 pts. Not offered in 2014-2015. Prerequisites:G6211, G6212 and G6411, G6412 Limited to Economics graduate students in years two and above.

This course examines economic theory on the optimal provision of public goods, and the role of sub-national jurisdictions in their provision. It includes several empirical applications that concern both the U.S. and developing countries.

ECON G6850. Foundations of Public Economics. 3 pts. Not offered in 2014-2015.

The economics of the public sector from a broader and more fundamental viewpoint than the public finance courses. Designed for economics graduate students, especially those taking public finance as a field, but may be taken by other graduate students with the appropriate background in economics.

Workshops

ECON G9001xy. Economic Theory. 3 pts. Prerequisites: Limited to upper level PhD candidates in Economics

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G9001
ECON
9001
83197
001
M 2:15p - 4:00p
1101 INTERNATIONAL AFFAIRS BLDG
P. Ortoleva 0 [ More Info ]
Spring 2015 :: ECON G9001
ECON
9001
27446
001
M 2:10p - 4:00p
1101 INTERNATIONAL AFFAIRS BLDG
M. Halac
Q. Liu
0 [ More Info ]

ECON G9002xy. Money and Macroeconomics. 3 pts. Prerequisites: Limited to upper level PhD candidates in Economics

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G9002
ECON
9002
88547
001
Tu 4:10p - 6:00p
1101 INTERNATIONAL AFFAIRS BLDG
P. Yared 0 [ More Info ]
Spring 2015 :: ECON G9002
ECON
9002
81758
001
Tu 4:10p - 6:00p
1101 INTERNATIONAL AFFAIRS BLDG
J. La'O
P. Yared
0 [ More Info ]

ECON G9005xy. Labor and Human Resources. 3 pts. Not offered in 2014-2015.

ECON G9007xy. International Economics. 3 pts. Prerequisites: Limited to upper level PhD candidtes in Economics

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G9007
ECON
9007
95947
001
W 2:15p - 3:45p
1101 INTERNATIONAL AFFAIRS BLDG
J. Vogel 0 [ More Info ]
Spring 2015 :: ECON G9007
ECON
9007
27195
001
W 2:15p - 3:45p
1101 INTERNATIONAL AFFAIRS BLDG
D. Davis
D. Weinstein
0 [ More Info ]

ECON G9008xy. Development and Environment Workshop.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G9008
ECON
9008
75035
001
Th 4:15p - 5:45p
1101 INTERNATIONAL AFFAIRS BLDG
C. Pop-Eleches
S. Anand
0 [ More Info ]
Spring 2015 :: ECON G9008
ECON
9008
60032
001
Th 4:15p - 5:45p
1101 INTERNATIONAL AFFAIRS BLDG
E. Verhoogen
S. Anand
0 [ More Info ]

ECON G9009xy. Econometrics Workshop. Prerequisites: Limited to upper level PhD candidates in Economics

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G9009
ECON
9009
13781
001
Th 2:10p - 4:00p
1102 INTERNATIONAL AFFAIRS BLDG
C. Rothe
S. Ng
0 [ More Info ]
Spring 2015 :: ECON G9009
ECON
9009
23324
001
Th 2:10p - 4:00p
1102 INTERNATIONAL AFFAIRS BLDG
C. Rothe
S. Ng
0 [ More Info ]

ECON G9016xy. Applied Micro/Econometrics. 3 pts. Prerequisites: Limited to upper level PhD candidates in Economics

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Autumn 2014 :: ECON G9016
ECON
9016
21099
001
W 4:15p - 5:45p
1101 INTERNATIONAL AFFAIRS BLDG
W. Kopczuk 0 [ More Info ]
Spring 2015 :: ECON G9016
ECON
9016
72246
001
W 4:15p - 5:45p
1101 INTERNATIONAL AFFAIRS BLDG
M. Urquiola
W. Kopczuk
2 [ More Info ]

There are currently no cross-listed courses for your department.

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