700 (210) BASIC QUANTITATIVE TECHNIQUES (3). Topics from linear algebra, calculus, linear and nonlinear programming, and the theory of difference and differential equations with applications to economics. Fall. Tauchen.

706 (207) GENERAL ECONOMIC THEORY (3).  Prerequisite, graduate standing in a department other than economics. Theory of demand, production, market structures and economic welfare, national income accounts and theory of national income determination, unemployment, inflation. (Not regularly offered.)

710  (200) ADVANCED MICROECONOMIC THEORY I (3).  Prerequisite, Economics 410 (101) and 700 (210) or equivalent. Consumer and producer theory, expected utility, perfect competition and monopoly, introduction to general equilibrium and welfare economics. Fall. Krishna.

711 (201) ADVANCED MICROECONOMIC THEORY II (3).  Prerequisite, Economics 710 (200) or equivalent. General equilibrium and welfare economics, game theory and oligopoly, information economics. Spring. Biglaiser, Norman.

720 (202) ADVANCED MACROECONOMIC THEORY I  (3).  Prerequisite, Economics 420 (132) or equivalent. Keynesian and classical equilibrium models; the neo-Keynesian synthesis; monetarist and other alternative analytic frameworks. Fall. Black, Froyen, Leukhina, Salemi.

721 (203) ADVANCED MACROECONOMIC THEORY II  (3).  Prerequisite, Economics 720 (202) or equivalent. Growth models, general equilibrium approach to monetary theory; input-output; disequilibrium theory; extensions of Keynesian and classical models. Spring. Francis, Salemi.

770 (271) INTRODUCTION TO ECONOMETRIC THEORY (3). Probability theory, expectation, conditional expectation, modes of convergence, limit and interchange theorems, and the asymptotics of maximum likelihood, generalized method of moments, and efficient method of moments. Fall. Parke, Renault.

771 (272) ECONOMETRICS (3). Prerequisite, Economics 770 (271) or equivalent. One semester coverage of basic econometrics. Topics include: regression under ideal and nonideal conditions; special models, including simultaneous equations models; and applications and econometric computer programs. Spring. Guilkey, Parke.

806* (311) SEMINAR IN TEACHING METHODS IN ECONOMICS (3). Prerequisite, doctoral candidacy in economics or permission of the instructor. Covers skills in lecturing, encouraging student participation and active learning, writing exams, planning and evaluating courses. Students design and teach a module that includes class discussion and hands-on learning. Fall or spring. Conway, Salemi, Tauchen.

810 (221) GAME THEORY I (3). Prerequisite, Economics 710 (200), 711 (201), or permission of the instructor. Non-cooperative games in strategic and extensive form with perfect and imperfection information. Other topics from: information economics, mechanism design, auctions, repeated games, bargaining, bounded rationality, learning, evolutionary games, cooperative games. Fall or Spring. Parreiras.

811 (225) GAME THEORY II (3). Prerequisite, Economics 710 (200), 711 (201), or permission of the instructor. Topics covered will be chosen from those listed, but not covered in Economics 810 (221). Fall or spring. Biglaiser, Parreiras.

820 (281) MONETARY THEORY (3). Examination of theory and evidence on money demand, money supply, and portfolio analysis. Barter versus monetary economics, portfolio school, monetarism, monetary theories of interest rate determination. Fall. Black, Froyen, Salemi.

821 (282) MONETARY POLICY (3). Prerequisite, Economics 720 (202) or permission of the instructor. Optimal policy under uncertainty, financial intermediation and monetary control, channels of monetary influence, monetary policy and inflation, rules versus authority. (Not regularly offered.)

830 (235) GENERAL ECONOMIC HISTORY (3). Preindustrial societies, early stages in industrial growth, and growth of the world economy in the nineteenth century. Fall or spring. Geraghty. (Not regularly offered.)

831 (236) MODERN ECONOMIC HISTORY (3). Prerequisite, Economics 830 (235) or permission of the instructor. Economic change in modern Western societies. Comparative study of growth in Europe and North America. Fall or spring. Geraghty. (Not regularly offered.)

840 (240) ADVANCED PUBLIC FINANCE: EXPENDITURE (3). Analysis of market failure and reasons for public spending, cost-benefit analysis and program budgeting, public decision making, redistribution and fiscal equity, intergovernmental transfers. (Not regularly offered.)

841 (241) ADVANCED PUBLIC FINANCE: REVENUES (3). Prerequisite, Economics 840 (240) or permission of the instructor. Criteria for judging tax structures, incidence and impact of taxation, user charges and debt finance, intergovernmental coordination, and macroeconomic effects.  (Not regularly offered.)

845 (245) ADVANCED BUSINESS ORGANIZATION AND SOCIAL CONTROL (3). Prerequisite, permission of the instructor. Extensive readings in the literature are required. Emphasis is placed upon the role of economic analysis in dealing with problems in this field. Fall or spring. (Not regularly offered.)

846 (248) ECONOMIC REGULATION OF INDUSTRY (3). Economic regulation in theory and practice. Principles of optimal regulation are developed, and regulatory performance in various industries is appraised. Fall or spring. Biglaiser.

850 (250) HEALTH ECONOMICS (3). Prerequisite, Economics 710 (200) and 771 (272) or permission of the instructor. Measurement and modeling of the demand for medical care, the demand for and supply of health insurance, and the incorporation of health, medical care, and health insurance in determining both short and long run labor supply. Fall or spring. Akin, Gilleskie.

851 (255) HEALTH ECONOMICS FOR DEVELOPING COUNTRIES (3). Prerequisite, Economics 710 (200) and 771 (272) or permission. Major topics are: how health and development are related, the demand for health services, cost-benefit and cost-effectiveness analysis, and methods for financing health care in developing, resource-constrained nations. Fall or spring. Akin.

855 (265) ECONOMICS AND POPULATION (3). Prerequisite, graduate standing in economics or permission of the instructor. Analysis of economic-demographic interrelationships including: population and economic development; population, environmental decay, and zero population growth; models of fertility, migration, and spatial organization; population policy. Spring. Turchi. (Not regularly offered.)

860 (261) THEORY OF INTERNATIONAL TRADE (3). Prerequisite, graduate standing in economics or permission of the instructor. The theory of international values; comparative advantage and the gains from trade; commercial policy. Fall or spring. Conway, Field, Wu.

861 (262) INTERNATIONAL MONETARY ECONOMICS (3). Prerequisite, graduate standing in economics or permission of the instructor. Analysis of the international monetary system; exchange rates; the process of adjustment in the balance of payments. Fall or spring. Black, Conway.

865 (263) ECONOMIC DEVELOPMENT: THEORY AND POLICY (3). Prerequisite, permission of the instructor. Intensive study of the development processes and problems of the less developed countries, with emphasis on theories of growth and development, internal and external policies, and planning strategies. Fall or spring. Conway, Field.

866 (264) SELECTED TOPICS IN ECONOMIC DEVELOPMENT AND DEVELOPMENT PLANNING (3). Prerequisite, Economics 865 (263) or equivalent. Examination of various topics in economic progress of the less developed countries, with special emphasis on the role of international issues. (Not regularly offered.)

867 (267) COMPARATIVE ECONOMIC SYSTEMS (3). This course focuses on alternative theories of United States capitalism, French indicative planning, Yugoslavian worker-managed market socialism, Soviet central planning, and the Chinese worker-controlled decentralized planning model. (Not regularly offered.)

870 (273) ADVANCED ECONOMETRICS (3). Prerequisites, Economics 770 (271), Economics 771 (272), and Mathematics 547 (147). Economics 870 (273) constitutes a one-semester treatment of the fundamental theory of econometrics. Topics covered include asymptotic distribution theory, linear and nonlinear models, specification testing techniques, and simultaneous equations models. Fall. Campo, Ghysels, Guilkey, Parke, Renault.

871 (274) TIME SERIES ECONOMETRICS (3). Prerequisite, Economics 870 (273). Covers stationary univariate and multivariate time series models, spectral analysis methods, nonstationary models with time trends, unit roots and cointegration, and special topics such as conditional volatility, the Kalman filter and changes of regime. Spring. Ghysels, Parke, Renault.

872 (275) NONLINEAR ECONOMETRIC METHODS (3). Prerequisite, Economics 870 (273). Density estimation, nonparametric regression, neural nets, nonlinear regression, generalized method of moments, seminonparametric time series, estimating stochastic differential equations and nonlinear latent variables. Fall or spring. (Not regularly offered.)

873 (276) CROSS SECTIONAL ECONOMETRICS (3). Prerequisite, Economics 870 (273). Maximum likelihood methods for limited dependent variables. Longitudinal data models and methods. Hazard models. Multivariate models with limited dependent variables. Fall or spring. Guilkey.

876 (388) ADVANCED TOPICS IN EMPIRICAL FINANCE (3). Corequisite or Prerequisites. Economics 875 (386)/Business Administration 887 (387) and Economics 871 (274). This course will cover a selected list of current empirical research topics in finance and related econometric methods. Fall or spring. Ghysels.

877  FOUNDATIONS FOR CONTINUOUS TIME ASSET PRICING (3). Prerequisites. Statistics 634 (154) and Statistics 635 (155). This course introduces students to mathematical foundations and economic interpretation of the main probabilistic tools (stochastic calculus, martingale methods) in continuous time finance. Fall or spring. Renault.

880 (291) LABOR ECONOMICS I (3). Prerequisite, Economics 710 (200) or permission of the instructor. An analysis of the short- and long-run aspects of supply and demand of labor, including empirical analysis of the labor force behavior of males, females, blacks, and whites. Topics include the microeconomic effects of marriage, fertility, and mobility on labor supply, as well as the macroeconomic effects of unemployment on inflation. Fall or spring. 

881 (294) LABOR ECONOMICS II (3). Life cycle analysis of supply and demand for labor as a determinant of individual wages. Topics include an analysis of discrimination, union power, and governmental manpower policies on the distribution of earnings across the population. Fall or spring. (Not offered 2007/08.)

890 (399) SEMINAR. Prerequisite, permission of the instructor. Individual research in a special field under direction of a member of the department. Fall and spring. Staff.

911* (300) SEMINAR IN MICROECONOMIC THEORY (3). This course introduces students to the literature and research methods used in microeconomic theory.  May be repeated for credit.  Fall or spring.  Biglaiser, Krishna, Norman, Parreiras.

920 (381) SEMINAR IN MONETARY ECONOMICS (3). Prerequisite, permission of the instructor. Advanced study of theoretical and applied topics in monetary economics. Fall or spring. Froyen, Salemi.

921* (301) SEMINAR IN MACROECONOMICS (3).  Graduate students examine current issues and literature with the purpose of initiating research projects in macroeconomics, monetary theory, and international finance.  May be repeated for credit.  Fall or spring.  Black, Francis, Froyen, Leukhina, Salemi.

931* (335) SEMINAR IN ECONOMIC HISTORY (3). The course introduces students to current problems and techniques of study and research in economic history.  May be repeated for credit.  Fall or spring.  Geraghty.

951* (355) RESEARCH IN HEALTH ECONOMICS (3). The course allows graduate students to become familiar with current issues and research topics in health economics. May be repeated for credit.  Fall or spring.  Akin, Gilleskie.

956* (341) INTRODUCTION TO RESEARCH IN APPLIED MICROECONOMICS (3).  This course introduces students to the literature and research methods used in applied microeconomics including public finance.  May be repeated for credit. Fall or spring. Stewart, Tauchen, Turchi.

958 (365) SEMINAR IN POPULATION (3). Prerequisite, graduate standing in economics. For advanced population students, this course addresses the newest and most advanced economic demography literature. (Not regularly offered.)

960 (361) SEMINAR IN INTERNATIONAL ECONOMICS (3). Prerequisites, Economics 860 (261) and 861 (262) or equivalent. A directed reading and research course. Fall or spring. Black, Conway, Wu.

966* (363) SEMINAR IN DEVELOPMENT AND TRANSITION (3). This course is an introduction to the literature and  research methods of economic development and transition economies. May be repeated for credit. Fall or spring. Conway, Field, Wu, Rosefielde.

968 (396) SEMINAR IN SOVIET ECONOMICS (3). Prerequisite, permission of the instructor. Studies of selected problems of the Soviet economy and related aspects of Soviet economic thought. Seminar members are expected to present reports on assigned research topics. (Not regularly offered.)

971* (371) RESEARCH IN ECONOMETRICS (3).  The course introduces students to theoretical and applied research topics in econometrics.  May be repeated for credit.  Fall or spring.  Campo, Ghysels, Guilkey, Murphy, Parke, Renault.

981* (391) SEMINAR IN LABOR ECONOMICS (3). The course introduces students to research topics in labor economics.  May be repeated for credit. Fall or spring. 

985 (375) SEMINAR IN APPLIED MICROECONOMICS (3). Prerequisite, permission of the instructor. This course offers advanced graduate students the opportunity to begin to develop independent research in applied microeconomic fields. Fall or spring. Staff.

992 (392) MASTER'S  NON-THESIS OPTION (3). Fall and spring. Staff.

993 (393) MASTER'S THESIS (3). Fall and spring. Staff.

994 (394) DOCTORAL DISSERTATION (3). Fall and spring. Staff.

 

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Last edited 7/24/2007