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Course Criteria
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1.00 - 4.00 Credits
Advanced study planned and completed under the direction of a departmental faculty member. Open only to graduate students demonstrating ability to do independent work. Enrollment by petition. Prerequisite: Consent of department head.
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4.00 Credits
Review and discussion of the basic math tools needed for graduate work in economics, including set theory, linear algebra, properties of functions, static and dynamic optimization. 4 lectures. Prerequisite: ECON 408 or MATH 244 or equivalent, and graduate standing, or consent of instructor.
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4.00 Credits
Basic microeconomic theory including theory of the firm, consumer theory, general equilibrium, capital theory, and welfare economics. 4 lectures. Prerequisite: Concurrent with ECON 510 and graduate standing, or consent of instructor.
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4.00 Credits
Basic macroeconomic theory including markets for commodities and credit, the demand for money, market-clearing and the labor market, inflation and interest rates, investment, real business cycles and unemployment, economic growth, government consumption and the role of public services, and taxes, transfers, and the public debt. 4 lectures. Prerequisite: ECON 511 and graduate standing, or consent of instructor.
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4.00 Credits
The use of statistical procedures to measure theoretical economic relationships and to verify and reject theories. Advanced coverage of regression analysis and hypothesis testing. 4 lectures. Prerequisite: ECON 339, ECON 511 and graduate standing, or consent of instructor.
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4.00 Credits
The use of statistical procedures to deal with simultaneous equations, limited dependent variables and time-series data. Includes methods of instrumental variables, generalized method of moments and maximum likelihood. 4 lectures. Prerequisite: ECON 520 and graduate standing, or consent of instructor.
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4.00 Credits
Economic analysis of pollution, congestion, public good provision, and natural resource conservation. Static and dynamic efficiency, economic 2007-2009 Cal Poly Catalog growth and sustainability, pollution taxes, marketable permits, and the design of market-based regulations. 4 lectures. Prerequisite: ECON 511 and graduate standing, or consent of instructor.
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4.00 Credits
Analysis of the international movement of goods, services, capital and payments. The role of exchange rates, tariffs, quotas, and transport costs. Relationship between international trade and economic growth. 4 lectures. Prerequisite: ECON 511 and graduate standing, or consent of instructor.
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4.00 Credits
Economic analysis of the rationale for public expenditure and taxation. Externalities, pollution and public policy, income redistribution and public welfare, public goods, collective choice and political institutions, public budgeting techniques and cost-benefit analysis, taxation and tax policy, state-local finance and fiscal federalism. 4 lectures. Prerequisite: ECON 511 and graduate standing, or consent of instructor.
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4.00 Credits
Economic theories of industrial organization with specific reference to such topics as cartels, market concentration and performance, vertical integration, franchise contracts, ownership and control of firms, multipart and discriminatory pricing, and tie-in sales. Economic aspects of antitrust law and government regulation of industry. 4 lectures. Prerequisite: ECON 511 and graduate standing, or consent of instructor.
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