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  • 0.00 Credits

    A study of Russia's economic development beginning with the industrialization efforts of the late Tsarist period and concluding with the post-socialist transformation. Examination of the Soviet period will include the New Economic Policy of the 1920s, the Stalinist model of central planning, early reform attempts, and, lastly, the perestroika period from 1985-1991. Substantial attention will be devoted to the current transitional period. Prerequisite: Economics 101. Prerequisite: C- or better in Economics 101. 1.00 units, Lecture
  • 0.00 Credits

    This course will examine China's decades-long experiment with the central planning system (CPS) and the economic problems and political forces, such as asymmetric information, moral hazard, government failure, and supply/demand disequilibria, that contributed to the system's stagnation and eventual overhaul. The course analyzes and contrasts China's approach to reform with the 'shock theory' approach and other issues and problems that China must yet address to complete its transition to a full and genuine market system Prerequisite: Economics 803 or Economics 805 1.00 units, Seminar
  • 1.00 Credits

    In this course we will apply the tools of economic analysis to constitutional provisions. We will examin the incentives created by rules, and the likely outcomes. The intent of the course is to consider what is possibly the single most important question: "Is it possible to design a government with the power to protect its citizens, but no the power to oppress them " 1) Analyze a provision or clause of the U.S. Constitution in the context of the intentions of the original framers. 2) Propose a Constitutional provision of your own design and explain its intended, and likely consequences. The later part of the course would be primarily a seminar in which the constitutional provisions under consideration are discussed. The class will also follow developments in the European Union, which is currently experiencing a constitutional moment. NOTE: This Economics course counts towards the Publc Policy Program. 1.00 units, Seminar
  • 1.00 Credits

    No Course Description Available. 1.00 units, Lecture
  • 0.00 Credits

    In this course, students will learn the techniques developed by the branch of economics known as law and economics. The efficiency of the law on torts, contracts, property and criminal behavior will be evaluated using economic analysis. Topics will include but are not limited to the following: use of the negligence standard, products liability, efficient breach, limitations on the rights of contract, pollution control, intellectual property rights, government takings, victimless crime, capital punishment and the necessity of criminal law. Prerequisite: Economics 803 and for undergraduates a C- or better in Economics 301 and Permission of the instructor. 1.00 units, Seminar
  • 0.00 Credits

    The tools of analysis typically used to study private markets are extended to analyze political markets. Voters, politicians and bureaucrats are assumed to be rational and self-interested. Sources of political market failure are examined. Note: Prerequisite ECON 801, or permission of the instructor. 1.00 units, Lecture
  • 0.00 Credits

    Do people really respond to incentives the way economic theory suggests they will Experimental Economics seeks to answer that question. Vernon Smith was awarded the Nobel Prize in Economics in 2002 for his pioneering work in this field. The course involves conducting in-class experiments and analyzing the outcomes. Students will also design and conduct their own experiments and share their results. Prerequisite: Economics 801 or permission of the instructor. 1.00 units, Seminar
  • 1.00 Credits

    No Course Description Available. 1.00 units, Lecture
  • 1.00 Credits

    This course will investigate the contribution of economics to understanding war: why wars occur, why ethnic conflict spreads, why alliances are often lop-sided, what might the current war cost, and similar topics. Economic understanding of war goes back at least to Keynes (Economic Consequences of the Peace) and J.K. Galbraith's studies of the effect of bombing in WWII. 1.00 units, Lecture
  • 0.00 Credits

    This course focuses on assessing the impact on financial markets, exchange rates, prices, interest rates, output and national policies of economic and financial disturbances around the globe. It will examine economic models and empirical evidence on the determinants and stability of foreign exchange rates; asset markets and portfolio choice in integrated financial markets; the role of the banking sector in financial and currency crises and the causes and consequences of sovereign debt crises. It is especially relevant for students with career interests in all areas of the financial services industry, in the finance/treasury function of corporations and in policy analysis for government agencies and consulting firms. Prerequisite: Economics 803 and Economics 805. 1.00 units, Seminar
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