UVa Course Catalog (Unofficial, Lou's List)
Catalog of Courses for Economics    
Class Schedules Index Course Catalogs Index Class Search Page
These pages present data mined from the University of Virginia's student information system (SIS). I hope that you will find them useful. — Lou Bloomfield, Department of Physics
Economics
ECON 1559New Course in Economics (1 - 4)
New course in the subject of economics.
ECON 2010Principles of Economics: Microeconomics (3)
Offered
Fall 2024
Studies demand and supply, consumer behavior, the theory of business enterprise, the operation of competitive and monopolistic markets, and the forces determining income distribution. A full introduction to economic principles warrants completion of both ECON 2010 and 2020. Students planning to take both semesters of economic principles are advised to take ECON 2010 first, though this is not required. The department recommends ECON 2010 to students intending to take only one semester of principles.
ECON 2020Principles of Economics: Macroeconomics (3)
Offered
Fall 2024
Studies the determinants of aggregate economic activity, the effects of monetary and fiscal policy upon national income, and economic policy toward unemployment and inflation. A full introduction to economic principles warrants completion of both ECON 2010 and 2020. Students planning to take both semesters of economic principles are advised to take ECON 2010 first, though this is not required. The department recommends ECON 2010 to students intending to take only one semester of principles.
ECON 2060American Economic History (3)
Offered
Fall 2024
Surveys American economic history from colonial origins to the present. Cross-listed as HIUS 2061.
ECON 2070Introduction to Economics of Gender at Work (3)
Offered
Fall 2024
This course is an introduction to the economic analysis of gender in labor markets. Students will learn about economic approaches to understanding and examining gender differences in workplace outcomes such as pay gaps and occupational segregation. No prior coursework in economics is required.
ECON 2559New Course in Economics (1 - 4)
New course in the subject of economics.
ECON 2820Introduction to Behavioral Economics (3)
The course will use classroom simulations and lab reports to help students discover insights about economic behavior and policies. Each weekly topic is structured around an important economic principle, which is presented in the context of an "experiment" involving a sequence of decisions in a simulated game or market. After participating in the simulation, students complete a lab report.
Course was offered Spring 2024, Spring 2023
ECON 3010Intermediate Microeconomics (4)
Offered
Fall 2024
Studies the theory of prices and markets; includes an analysis of the forces determining the allocation of economic resources in a market economy. Credit is not given for both ECON 3010 and 3110. Prerequisite: ECON 2010 and one of the following: MATH 1220, MATH 1320, APMA 1110.
ECON 3020Intermediate Macroeconomics (3)
Offered
Fall 2024
Studies macroeconomic theory and policy; includes an analysis of the forces determining employment, income, and the price level. Prerequisite: ECON 2020 and 3010 or 3110, or instructor permission.
ECON 3030Money and Banking (3)
Offered
Fall 2024
Studies the role of money in the economic system, with emphasis on monetary policy and theory. Prerequisite: ECON 2020.
ECON 3040The Economics of Education (3)
Analyzes the demand for, and supply of, education in the United States, governmental policies regarding education, and proposed reforms. Prerequisite: ECON 2010.
ECON 3050The Economics of Welfare Reform (3)
Analyzes the major government programs intended to help people with low incomes. Particularly concerned with whether programs have effects that are consistent with their justifications and how they can be redesigned to better achieve their goals. Prerequisite: ECON 2010.
ECON 3110Mathematical Microeconomics (4)
Offered
Fall 2024
Covers the same topics as ECON 3010 using differential calculus through constrained maximization of functions of several variables. Credit is not given for both ECON 3010 and 3110. Prerequisite: ECON 2010 and two semesters of calculus.
ECON 3430Economics of Sustainability and the Environment (3)
Offered
Fall 2024
Sustainability addresses how we manage the environment and share limited, valuable natural resources across time and space. The lens of microeconomics helps us understand why we have environmental problems and how we can solve them. Economics provides valuable tools for solving problems with pollution, over-exploitation of resources, loss of biological diversity and, of course, global warming. Prerequisite: ECON 2010 or instructor permission.
Course was offered Fall 2023, Fall 2022, Fall 2021, Fall 2020
ECON 3559New Course in Economics (1 - 4)
Offered
Fall 2024
New course in the subject of economics.
ECON 3600Economics of the Art Market (3)
This course investigates key topics in the economics of the art market (or markets). It may be viewed as a course in applied micro-economics, with an interest in identifying the key factors that shape market outcomes, whether measured in terms of prices of individual artworks, the distribution of revenues among the major players in the market (artists, dealers, auction houses, etc.), or the financial rewards to the ownership of fine art.
Course was offered Spring 2024
ECON 3630Economics of the Middle East (3)
Surveys major economic issues in the development of countries in the Middle East/North Africa region since World War II, using concepts in development economics. Prerequisite: ECON 2010 and 2020.
ECON 3640The Economics of Africa (3)
Examine the economic problems confronting sub-Saharan Africa countries, focusing on what is needed to accelerate sustainable growth and reduce poverty. Use standard economic tools to gain an understanding of the economic management challenges faced by African policy makers and the similarities and differences between African countries. Explore Africa's relationship with the rest of the world, focusing on trade, aid and economic cooperation.
Course was offered Spring 2024, Spring 2023, Spring 2018
ECON 3650The Economics of India (3)
This course provides an understanding of India's economic system, strengths, and challenges. Students will analyze economic reforms, economic Growth, economic development, and India's connection with the rest of the world, focusing on trade, aid, and economic cooperation. Finally, the course will provide students with a framework for analyzing macroeconomic problems and examining significant economic issues.
Course was offered Spring 2024, Spring 2010
ECON 3720Introduction to Econometrics (4)
Offered
Fall 2024
Guides students in the use and interpretation of economic data, focusing on the most common issues that arise in using economic data, and the methodology for solving these problems. Prerequisite: STAT 2120, STAT 3120, APMA 3110, or APMA 3120
ECON 4010Game Theory (3)
Offered
Fall 2024
Analyzes the theory of strategically interdependent decision making, with applications to auctions, bargaining, oligopoly, signaling, and strategic voting. Prerequisite: ECON 3010 or 3110, and STAT 2120 or equivalent
ECON 4020Auction Theory and Practice (3)
Covers the building blocks of modern auction theory (e.g. First Price versus Second Price, Dutch versus English, Revenue Equivalence, Auctions of Multiple Goods), critically assesses this theory by studying recent auctions in practice (e.g. 3G auctions, milk and timber auctions, eBay versus Amazon), and applies auction theory to other, non-auction, environments (e.g. election races, take-over-bid-wars, duopoly pricing). Prerequisite: ECON 3010 and STAT 2120 or equivalent.
ECON 4030Market Design: Engineering a Better World (3)
The course will consider the theory and practice of market design. We will study classical market failures (market power, externalities, incomplete information, missing markets), the core tools used in practice (auctions and deferred acceptance algorithms), and examples of their real world use (FCC Spectrum Auctions, Google Adwords, the Boston Public School Match, the National Resident Matching Program, and the Northeastern Kidney Exchange).
Course was offered Fall 2022, Spring 2022, Spring 2021
ECON 4070Economics and Gender (3)
This course will apply micro-economic theory and empirical methods to explore the role of gender in shaping economic outcomes, examining the inter-relationships between family formation (marriage and fertility), human capital investment, and labor market outcomes. Public policy applications will be emphasized.
Course was offered Spring 2024, Spring 2022, Spring 2019
ECON 4080Law and Economics (3)
Offered
Fall 2024
Applies microeconomic theory to the analysis of legal rules and institutions. Includes the effect of economic forces on the development of law, and the effect of laws on the allocation of resources. Prerequisite: ECON 3010 or instructor permission.
ECON 4095Dynamic Economics with Applications (3)
Students will learn the mathematical tools economists use to model and analyze dynamic economic problems. Topics include transitional dynamics, optimal control theory and recursive dynamic programming. I will show you how to solve economic problems such as consumption/savings, investment and capital accumulation, optimal growth, industry dynamics, job search, portfolio choice, natural resource extraction, and dynamic games.
Course was offered Spring 2023, Summer 2022
ECON 4110Competitive Strategy (3)
A course in business strategy for advanced undergraduates. Examines topics such as value creation and capture, industry structure, creating and maintaining competitive advantage, vertical structure of the firm, adapting to change, and long-run growth of the firm. Extensive use of business school cases and readings from the popular press.
ECON 4150Economics of Labor (3)
Analyzes employment and wages, including the economics of education, unemployment, labor unions, discrimination and income inequality. Prerequisites: ECON 3010 or 3110, and ECON 3720, or instructor permission.
ECON 4160Economics of Health (3)
Uses microeconomic theory to examine the demand for health services and medical care, the market for medical insurance, the behavior of physicians and hospitals, issues pertaining to malpractice, and government policy. Prerequisite: ECON 3010 or ECON 3110 and ECON 3720 or ECON 4720.
ECON 4170The Economics of Risk, Uncertainty, and Information (3)
The principles of microeconomics are used to examine decision making under uncertainty: finance, learning, savings, contracts, and oligopoly. Prerequisite: ECON 3010 or ECON 3110.
ECON 4175A History of Risk Management (3)
This course examines the meaning of risk and the history of risk management from the Bronze Age through the Digital Age. This course links together our natural aversion to loss and our attempts throughout history to mitigate loss and hedge risk. Students learn about markets designed to diversify risks such as futures, forwards, and insurance along with the co-evolution of probability theory as a tool to both understand and price risks.
Course was offered Spring 2024
ECON 4180Regulating Infrastructure (3)
Analysis of ownership arrangements and regulation of infrastructure industries. Industries examined typically include telecommunications, the Internet, public utilities, and transportation facilities. Special problems posed by natural monopolies, network industries, essential facilities, and congestion. Prerequisite: ECON 3010 or 3110.
ECON 4190Industrial Organization (3)
Studies market structure, firm strategy, and market performance. Topics include strategic interactions among firms, as well as business practices such as mergers and acquisitions, price discrimination, advertising, product selection, innovation, vertical restraints, cartels, and exclusionary conduct. Prerequisite: ECON 3010 or 3110.
ECON 4195Empirical Industrial Organization (3)
Empirical Industrial Organization examines various timely issues related to market structure, firm strategy, and market performance by combining the analysis of data and economic theory to develop and estimate econometric models. Prerequisites: ECON 301, ECON 372
ECON 4200Antitrust Policy (3)
Offered
Fall 2024
Studies government regulation and control of business through public policies designed to promote workable competition. Prerequisite: ECON 2010.
ECON 4210International Trade: Theory and Policy (3)
Offered
Fall 2024
Studies the nature and determinants of international trade and factor movements; the effects of international trade on prices of goods and factors; the consequences of tariffs, quotas, customs unions, and other trade policies and agreements, national or international; and international trade and the balance of payments. ECON 3010 or 3110 AND ECON 3720 or ECON 4720 or STAT 3220
ECON 4220International Finance and Macroeconomics (3)
Offered
Fall 2024
Studies fixed and floating exchange rate systems. Topics include determinants of a nation's balance of international payments; macroeconomic interdependence of nations under various exchange-rate regimes and its implications for domestic stabilization policies; and the international coordination of monetary and stabilization policies. Prerequisite: ECON 3020.
ECON 4230Seminar on Trade and Development (3)
Examines various topics related to either international trade, Third World development, or interactions between the two. Examples include the effects of NAFTA, the WTO, multinational firms, child labor, rich country protectionism against Third World imports, volatile primary commodity markets, and how trade liberalization affects workers in rich and poor countries. The course will be structured on student presentations and directed-research projects. Prerequisite: ECON 3010 or ECON 3110, and either ECON 4210 or ECON 4610.
ECON 4240Economics of Immigration (3)
This course offers an introduction to the economics of immigration, with an emphasis on the effects of immigrants on receiving countries, including effects on workers, crime, inequality, and fiscal effects. The prerequisites are Econ 3010 and Econ 3720 (or equivalents), since the course will heavily use theory from intermediate micro and will do close readings of empirical studies.
Course was offered Fall 2021, Fall 2020
ECON 4300Public Choice (3)
Offered
Fall 2024
Studies politics using economic analysis. Topics include the theory of voting rules, regulation, taxation, and interest groups; the growth of government; and the design of constitutions. Prerequisite: ECON 3010.
Course was offered Fall 2023, Fall 2022
ECON 4310Economics of the Public Sector (3)
Offered
Fall 2024
Studies the justifications for government activities, the design of programs consistent with these justifications, the effects of major existing and proposed expenditure programs and taxes, and positive and normative analyses of political systems. Prerequisite: ECON 3010 or 3110.
ECON 4320Economics of Urban Areas (3)
This course explores how economists think about cities. Why do cities exist? Why are they located where they are? Why do some cities grow and others decline? Within a city, what determines where people live, how they commute to work, and what they pay for housing? Topics to be treated include agglomeration economies, location theory, land use patterns and policies, urban housing and transportation, and local public goods.
ECON 4340The Theory of Financial Markets (3)
Offered
Fall 2024
Studies the theory and operation of financial markets and the role of financial assets and institutions in the economic decisions of individuals, firms, and governments. Prerequisite: ECON 3010 or 3110, 3030, and STAT 2120 or equivalent. .
ECON 4350Corporate Finance (3)
Analyzes the theory of financing corporate operations and corporate decisions regarding the allocation of capital among alternative projects; includes the nature of financial instruments and the behavior of capital markets. Prerequisite: ECON 3010 or 3110, 3030, and STAT 2120 or equivalent.
ECON 4360Empirical Finance (3)
Develops and tests models of asset pricing and allocation in finance, to determine both the validity of the theories and the extent to which they should guide us in financial decision-making. Prerequisite: Must have met the Financial Economics concentration declaration prerequisites.
ECON 4365Global Financial Markets (3)
Offered
Fall 2024
Study the role and the importance of the financial system in the global economy. Construct general equilibrium models that encompass the financial markets as well as the rest of the economy. These models will be used to understand the recent subprime crisis, the European sovereign debt crisis, and many market phenomena such as extreme volatility and contagion. Prerequisites: ECON 3010 or 3110 (ECON 3020 is recommended).
ECON 4370Behavioral Finance (3)
Behavioral finance questions the efficient market hypothesis. In addition, this course explores noise trader models and the 'over and under reaction' debate. Readings are mostly from professional journals. Students should be quite serious about finance. Prerequisite: Econ 3010 or 3110 and ECON 4340
ECON 4380Investment Management (3)
This course examines the investment process used by a variety of instiutional investors. Students will study the tools and the investment challenges faced by investment managers at such institutions. These include evaluating the role of institutional investors (e.g, endowments and pensions), portfolio choice, manager choice, asset allocation, risk management, and alternative asset class investing
Course was offered Fall 2015, Spring 2014
ECON 4390The Economic Theory of Advertising (3)
Course deals with theories explaining the nature of advertising, and evaluates market performance in this industry, using Game Theory and Oligopoly Theory. Calculus will be used extensively. Prerequisite: ECON 3010 or ECON 3110.
ECON 4400Topics in Economic History (3)
Offered
Fall 2024
Comparative study of the historical development of selected advanced economies (e.g., the United States, England, Japan, continental Europe). The nations covered vary with instructor. Prerequisite: ECON 3020, or ECON 2010 and 2020 and instructor permission.
ECON 4410Economics of the European Union (3)
Studies the history, theory, and empirics of European economic integration. Focuses on monetary union, as well as product and factor market integration. Prerequisite: ECON 3020.
ECON 4420Macroeconomic Policy (3)
This course takes a microeconomic approach to macroeconomic policies, with special emphasis on monetary and fiscal policies and their impacts on inflation and economic activity. Focus is on the connections among theory, institutional design, and actual data, including historical episodes. Prerequisites: ECON 3010 or ECON 3110 and ECON 3020.
ECON 4430Environmental Economics (3)
Explores the origins of environmental problems, how to measure the value of environmental amenities, and the efficacy of specific forms of regulation, including mandated technologies, taxes, subsidies, and pollution permit trading. Topics include air and water pollution, climate change, the transition from fossil fuels to renewable energy sources, and sustainable development. Prerequisite: ECON 3010 or 3110.
ECON 4435Economics of Climate Change (3)
This course examines climate change -- the nature of the impact, what can be done, and why it is important -- through the lens of economics. The role of discounting, equity, uncertainty, and international agreements will be discussed.
ECON 4440Economic Inequality (3)
Offered
Fall 2024
Economic analysis of the growth of income and wealth inequality since 1980, in the United States and around the world. Emphasis on measuring inequality, understanding the causes of growing inequality, and possible policy responses.
ECON 4444Artificial Intelligence and the Future of Work (3)
Advances in AI & automation have proceeded rapidly in recent years & have reached an inflection point that will have profound implications for the future of humanity. This course analyzes the short- and medium-run implications for employment, economic growth, & inequality. It also covers philosophical questions such as the long-run implications of AI rivaling human intelligence. Requisite: [Either ECON 3010 (or 3310) & ECON 3020] OR CS 3102.
Course was offered Spring 2024, Spring 2020
ECON 4445Policy Analysis (3)
This course will introduce you to econometric methods for evaluating public policies. At the end of the course, you will be familiar with the strengths and weaknesses behind a variety of evaluation methods commonly used to examine programs such as the minimum wage, education or job training.
ECON 4500Topic Courses in Econ (1 - 3)
Topic courses in Economics
Course was offered Spring 2024
ECON 4559New Course in Economics (1 - 4)
New course in the subject of economics.
ECON 4590Majors Seminar (1 - 2)
Reading, discussion, and research in selected topics. Topics vary by instructor and course may be taken for credit more than once. Prerequisite: Instructor permission.
ECON 4610Economic Development (3)
Studies the peculiar problems of economics in underdeveloped countries, including government and market failures. Examines factors underlying poverty, hunger, illiteracy, and corruption in developing countries, and the scope for (rigorously evaluated) policies to improve these conditions. Prerequisite: ECON 2010 and ECON 3720 (or 4720 or STAT 3220 or equivalent). ECON 2020 and ECON 3010/3110 are helpful but not required.
ECON 4620Seminar on Development Economics (3)
This course covers important topics in development economics, such as health, education, gender, environment, institutions, and infrastructure. The primary goal of the course is to prepare students to conduct and evaluate empirical research in development economics. To this end, the course will cover empirical tools necessary to study the problems facing developing economies. Requisites: ECON 3010, ECON 3720 and/or ECON 4720
ECON 4710Introduction to Forecasting and Time Series Econometrics (3)
Investigates the unique challenges encountered in the analysis of time series data and some of the econometric techniques that have been developed to address those challenges. Analyzes the theory and practice of forecasting economic variables. Specific topics will include ARMA models, deterministic versus stochastic trends, unit roots and unit root tests, seasonality, structural breaks, and ARCH/GARCH models.
Course was offered Spring 2022, Fall 2011
ECON 4720Econometric Methods (3)
Offered
Fall 2024
Studies the application of statistical methods to the testing and estimation of economic relationships. Emphasizes applied econometric studies and the problems that arise when analyzing time series and cross section data by means of stochastic linear models. Prerequisite: ECON 3720 or STAT 3120 or STAT 3220 or APMA 3110 or APMA 3120; and MATH 3350 or MATH 3351 or APMA 3080.
ECON 4730Markets, Mechanisms, and Machines (3)
This course will present a collection of topics from Economics and Computer Science that constitute the building blocks of modern user-facing electronic systems. Many examples will come from modern digital advertising platforms that have both created huge success in user reach and effectiveness for advertisers and, at the same time, have generated a trail of user privacy concerns. Prerequisites: ECON 3010 or 3110 and ECON 3720 or 4720.
Course was offered Spring 2020
ECON 4740Introduction to Algorithmic Economics (3)
The course will cover recent work in Computer Science and Economics the enables the appropriate analysis of dynamic marketplaces where agents rely on algorithmic tools to make decisions and compete. The course will cover a range of fundamental concepts from machine learning and convex optimization and connect them with the concepts in game theory and Economics of information.
Course was offered Spring 2024, Spring 2023
ECON 4810Advanced Macroeconomic Theory (3)
Studies macroeconomic theory beyond the intermediate level. Emphasizes dynamic aspect of macroeconomic analysis under uncerainty, asset pricing, and various topics of macroeconomic policy. Includes a review of basic mathematical tools and models of economic growth. Prerequisites: ECON 3010 and ECON 3020
ECON 4820Experimental Economics (3)
Offered
Fall 2024
Explores the use of laboratory methods to study economic behavior. Topics include experimental design, laboratory technique, financial incentives, and analysis of data. Emphasizes applications: bargaining, auctions, market price competition, market failures, voting, contributions to public goods, lottery choice decisions, and the design of electronic markets for financial assets. Prerequisite: ECON 3010 or 3110 and a course in statistics, or instructor permission.
ECON 4880Seminar in Policy Analysis (3)
Introduces the methods used to estimate the effects of existing and proposed government programs. Methods will be illustrated with applications to several areas of government policy. Students will complete an empirical policy analysis under faculty supervision. Prerequisite: ECON 3010 or 3110, ECON 3720, and ECON 4310.
ECON 4990Distinguished Majors Seminar (3)
Offered
Fall 2024
Required for Distinguished Majors. An introduction to economic research and the writing of a Distinguished Majors thesis. Although the course is intended for Distinguished Majors, other highly motivated and accomplished students may be admitted if space permits. Prerequisite: ECON 3010 or 3110; and either 3720 or 4720 or instructor permission.
ECON 4993Independent Study (1 - 3)
Offered
Fall 2024
Independent study under the direction of a regular faculty member. Students may not use this class to obtain academic credit for a summer internship. Prerequisite: GPA of 3.300 in UVa ECON courses.
ECON 4995Supervised Research (1 - 3)
Research under the direction of a regular faculty member. Students may not use this class to obtain academic credit for a summer internship.Prerequisite: GPA of 3.300 in UVa ECON courses.
ECON 4999Distinguished Majors Thesis (1 - 3)
Supervised research culminating in the writing of a Distinguished Majors thesis. Restricted to members of the Distinguished Majors Program.
ECON 5090Introduction to Mathematical Economics I (3)
Offered
Fall 2024
Studies topics in univariate and multivariate calculus and linear algebra. Includes applications to the theory of economic statics. Prerequisite: One semester of calculus and one additional semester of college mathematics, or instructor permission.
ECON 5351The International Economy Since 1850 (3)
This seminar will focus on key aspects of the development of the international economy since the mid-nineteenth century. Emphasis will be on the process of change, the impact of policy, and the operation of international institutions. Special focus will be paid to the economics of the Great Depression, the impact of the First and Second World Wars, and the drivers of growth.
ECON 5352British Economic History Since 1850 (3)
Studies the structure, performance, and policy in the British economy since 1850, focusing on the causes and consequences of Britain's relative economic decline. Prerequisite: Instructor permission.
ECON 5500Bridge to Doctorate Courses (1 - 4)
This listing is for a 5000-level topics course that will allow for versions of advanced 4000-level topics class that can be used by our Bridge to the Doctorate Fellows to aquire MA-level skills during their time at UVA.
Course was offered Spring 2023
ECON 5520Special Topics in Economics (3)
Graduate students combine course work in an upper-level undergraduate economics course with additional special assignments. Because topics vary with instructor, this course may be repeated for credit Prerequisite: Graduate standing and instructor permission.
Course was offered Spring 2016
ECON 5559New Course in Economics (1 - 4)
New course in the subject of economics.
ECON 5720Econometric Methods (3)
Meets concurrently with ECON 4720. Studies the application of statistical methods to the testing and estimation of economic relationships. Emphasizes applied econometric studies and the problems that arise when analyzing time series and cross section data by means of stochastic linear models. Prerequisite: Math 1220 and one of the following statistics courses: ECON 3710, ECON 3720, STAT 3120, STAT 3220, APMA 3110, APMA 3120, or permission of instructor.
Course was offered Fall 2022
ECON 7010Microeconomic Theory I (4)
Offered
Fall 2024
Studies the theory of consumer and producer choice. Includes partial equilibrium analysis of competitive and imperfectly competitive markets. Prerequisite: Graduate standing or instructor permission.
ECON 7020Macroeconomic Theory I (4)
Offered
Fall 2024
Introduces macroeconomic theory, emphasizing economic growth and the business cycle. Prerequisite: Graduate standing or instructor permission.
ECON 7030Microeconomic Theory II (4)
Studies general equilibrium analysis, welfare economics, externalities, and public goods. Prerequisite: ECON 7010 or instructor permission.
ECON 7040Macroeconomic Theory II (4)
Studies advanced topics in the theory of money and income. Prerequisite: ECON 7020 or instructor permission.
ECON 7559New Course in Economics (1 - 4)
New course in the subject of economics.
ECON 7710Econometrics I (4)
Offered
Fall 2024
Studies the concepts and basic techniques of probability theory and statistical inference. Prerequisite: Graduate standing or instructor permission.
ECON 7720Econometrics II (4)
Development of the linear and non-linear regression models including hypothesis testing, specification, instrumental variables, generalized least squares, and asymtotic distribution theory. Includes an introduction to identification and estimation of simultaneous equation models. Prerequisite: ECON 7710 or instructor permission.
ECON 8010Microeconomic Theory III (4)
ECON 8010 is an introduction to non-cooperative game theory and the economics of information, emphasizing applications to microeconomics. Applications include topics such as bargaining, cooperation in repeated games, the design of optimal auctions, and signalling models. Prerequisite: ECON 7030 or permission of instructor
ECON 8050American Economic History (3)
Studies the economic evolution of the United States. Prerequisite: Graduate standing or instructor permission.
Course was offered Fall 2012, Spring 2011
ECON 8150Economics of Labor Markets (3)
Offered
Fall 2024
Introduction to labor economics, including economic aspects of employment, wages, schooling, labor unions, and discrimination. Prerequisite: ECON 7030 and 7720 or instructor permission.
ECON 8160Seminar in Labor Economics and Development (3)
Studies advanced topics in labor economics, emphasizing applications to developing countries. Cross-listed as ECON 8190. Prerequisite: ECON 8150 and 7720.
ECON 8170Industrial Organization I (3)
Offered
Fall 2024
Studies the industrial structure of the economy and its effects on allocation of resources. Prerequisite: ECON 7030 or instructor permission.
ECON 8180Industrial Organization II (3)
Advanced study of selected problems in industrial organization. Prerequisite: ECON 8170 or instructor permission.
ECON 8190Economics of Underdeveloped Areas (3)
Studies advanced topics in labor economics, emphasizing applications to developing countries. Cross-listed as ECON 8160.
ECON 8210International Trade Theory (3)
Offered
Fall 2024
Studies the theory of international trade and analysis of the economic effects of tariffs, quotas, and other departures from free trade. Prerequisite: ECON 7030 or instructor permission.
ECON 8220International Finance (3)
Offered
Fall 2024
Topics include the balance of payments, long-term and short-term capital movements, the international money market, international monetary standards, international equilibrium and the mechanism of adjustment, exchange variations, and the objectives of international monetary policies. Prerequisite: ECON 7020 or instructor permission.
ECON 8230Advanced Topics in International Trade (3)
The course studies very recent papers on International Trade, or the "micoreconomics of globalization," in order to get students conversant with current research. By the end of the semester, students should be ready to explore potential dissertation topics in the field. Prerequisites: ECON 8210 or permission of Instructor
ECON 8310Public Economics I (3)
Offered
Fall 2024
Topics include the justifications for government activities; principles of program analysis; illustrative theoretical and empirical analysis of expenditure programs; and theories of political processes. Prerequisite: ECON 7030 or instructor permission.
ECON 8320Public Economics II (3)
Studies the foundations of excess burden, incidence analysis, and optimal taxation; studies of taxation; general equilibrium analysis for tax policy; and the study of tax reform. Prerequisite: ECON 7030 or instructor permission.
ECON 8340Financial Economics (3)
This is an advanced macro/finance graduate course devoted to study topics in finance with particular emphasis in financial markets and problems in their functioning. The course will cover recent theories of financial crisis as we as experimental evidence.
ECON 8350Advanced Macroeconomic Theory (3)
Advanced study of selected topics in macro- and monetary economics, with and emphasis on theoretical and computational issues. Prerequisite: ECON 7040 or instructor permission.
ECON 8360Empirical Macroeconomics (3)
Offered
Fall 2024
Advanced study of selected topics in macro and monetary economics, with an emphasis on empirical methods. Prerequisite: ECON 7040 or instructor permission.
ECON 8410Applied Microeconomics Workshop (3)
Offered
Fall 2024
Studies current research in applied microeconomics. Prerequisite: Third-year status or instructor permission.
ECON 8420Macroeconomics Workshop (3)
Offered
Fall 2024
Studies current research in macroeconomics. Prerequisite: Third-year status or instructor permission.
ECON 8430Workshop in Economic Theory and Experimental Economics (3)
Current research in Economic Theory and Experimental Economics. Prerequisite: Third-year status or instructor permission.
ECON 8440International Trade Workshop (3)
Offered
Fall 2024
Current research in International Trade. Prerequisite: Third-year status or instructor permission.
ECON 8450Public Economics Workshop (3)
Offered
Fall 2024
Studies current research in public economics. Prerequisite: Third-year status or instructor permission.
ECON 8460Econometrics Workshop (3)
Offered
Fall 2024
Studies current research in econometrics. Prerequisite: Third-year status or instructor permission.
ECON 8470Industrial Organization Workshop (3)
Offered
Fall 2024
Current research in Industrial Organization. Third-year status or permission of instructor.
ECON 8480Global Development Workshop (3)
Offered
Fall 2024
Current research in Global Economic Development. Third-year status or permission of instructor.
ECON 8510Topics in Growth Theory (3)
Offered
Fall 2024
Studies the issues related to economic development, emphasizing endogenous growth models. Topics include human capital, R & D, learning by doing, fiscal policy, trade, and financial development. Prerequisite: ECON 7040 or instructor permission.
ECON 8559New Course in Economics (1 - 4)
New course in the subject of economics.
ECON 8710Cross Section Econometrics (3)
Offered
Fall 2024
Studies econometric tools for the analysis of cross-section and qualitative data. Prerequisite: ECON 7720 or instructor permission.
ECON 8720Time Series Econometrics (3)
Studies econometric techniques for the analysis of economic time series. Prerequisite: ECON 7720 or instructor permission.
ECON 8730Econometric Methods for Data-Rich Environments (3)
"Traditional" econometric inference is hard to implement in "big data" settings. This course provides a bridge between highly efficient scalable tools from Machine Learning and nonparametric econometric models. The focus will be on developing non-parametric models of large datasets, establishing uniform consistency results for the analyzed models, and bridging the computational efficiency and statistical properties of the estimators.
ECON 8745Numerical Methods in Economics (3)
The class presents modern numerical methods for solving mathematical problems common in economics. Examples include functional approximation, nonlinear maximization and root finding, and numerical integration and differentiation. Applications include the solution of dynamic decision problems, computing equilibria of dynamic economies and games, and nonlinear estimation.
Course was offered Spring 2023, Spring 2021
ECON 8820Experimental Economics (3)
Analysis of the use of laboratory methods to study economic behavior. Topics include experimental design, laboratory technique, and nonparametric analysis of data. Emphasizes using controlled observations to evaluate alternative economic theories and policies. Applications include bargaining, auctions, oligopoly, asymmetric information, voting, public goods, financial markets, and tests of expected utility and game theories. Prerequisite: ECON 7010 or instructor permission.
ECON 8991Research Methods in Economics (3)
Offered
Fall 2024
The course focuses on developing research ideas into a formal paper. Students work in small groups with the instructor, completing writing assignments that form the body of a scholarly paper and offering critical evaluations of other students' assignments. Prerequisite: Third-year status or instructor permission.
ECON 8995Supervised Study (1 - 12)
Offered
Fall 2024
Reading and/or other work for PhD students in particular fields under supervision of an instructor.
ECON 8998Non-Topical Research, Preparation for Research (1 - 12)
Offered
Fall 2024
For master's research, taken before a thesis director has been selected.
ECON 8999Non-Topical Research (1 - 12)
Offered
Fall 2024
For master's thesis, taken under the supervision of a thesis director.
ECON 9550Selected Research Problems in Economics I (3)
Advanced research into specific economic problems under detailed faculty supervision.
ECON 9559New Course in Economics (1 - 4)
New course in the subject of economics.
ECON 9998Non-Topical Research, Preparation for Doctoral Research (1 - 12)
Offered
Fall 2024
For doctoral research, to be taken only in the first semester after passing a field exam, and before a dissertation director has been selected.
ECON 9999Non-Topical Research (1 - 12)
Offered
Fall 2024
For doctoral dissertation, taken under the supervision of the first reader or prospective first reader.