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Course Criteria
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3.00 Credits
Focuses on the theory of urban land and housing markets, and the spatial development of cities. Examines the roles played by transportation systems and local governments in shaping urban location patterns. Discusses interregional competition, economic development, and the migration of labor and capital. Students taking the graduate version complete additional assignments.
Prerequisite:
Prereq: 14.04, 14.32
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5.00 Credits
Theory of international trade and foreign investment with applications in commercial policy.
Prerequisite:
Prereq: 14.04
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5.00 Credits
Covers international capital flows, exchange rate fluctuations, global capital markets, emerging markets, crises, sovereign debt, international financial architecture, and bubbles.
Prerequisite:
Prereq: 14.06
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4.00 Credits
Provides an introduction to the labor market, how it functions, and the important role it plays in people's lives world-wide. Topics include supply and demand, minimum wages, labor market effects of social insurance and welfare programs, the collective bargaining relationship, discrimination, human capital, and unemployment. Completion of or concurrent enrollment in 14.03 or 14.04 recommended.
Prerequisite:
Prereq: 14.30 or permission of instructor
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5.00 Credits
A systematic development of the theory of labor supply, labor demand, and human capital. Topics include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and institutions in the labor market. Particular emphasis on the interaction between theoretical and empirical modeling.
Prerequisite:
Prereq: 14.04, 14.32
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5.00 Credits
The development and evolution of labor market structures and institutions. Particular focus on competing explanations of recent developments in the distribution of wage and salary income and in key institutions and organizational structures. Special attention to theories of worker motivation and behavior, the determination of wages, technology, and social stratification.
Prerequisite:
Prereq: 14.64 or 15.660
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4.00 Credits
Studies current research in labor economics, focusing on specific topics that vary from year to year.
Prerequisite:
Prereq: 14.661
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3.00 Credits
Examines the way in which workers organize to structure and regulate the labor market and how those efforts interact with (as cause and effect) career mobility. Particular focus on the contrast between union organization and government regulation and on the shift from mobilization around class to mobilization around race, sex and ethnicity. Contrast between unified systems of regulation (France, Spain, Latin America) and fragmented systems (United States).
Prerequisite:
Prereq: Permission of instructor
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3.00 Credits
Surveys the conditions of material life and changing social and economic relations in medieval Europe using the comparative context of contemporary Islamic, Chinese, and Japanese experiences. Covers the emergence and decline of feudal institutions, the transformation of peasant agriculture, living standards and the course of epidemic disease, and the ebb and flow of long-distance trade across the Eurasian system. Particular emphasis placed on the study of those factors, both institutional and technological, which contributed to the emergence of capitalist organization and economic growth in western Europe in contrast to the trajectories followed by the other major medieval economies.
Prerequisite:
Prereq: None
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3.00 Credits
Addresses the evolution of the modern capitalist economy and evaluates its current structure and performance. Various paradigms of economics are contrasted and compared (neoclassical, Marxist, socioeconomic, and neocorporate) in order to understand how modern capitalism has been shaped and how it functions in today's economy. Readings include classics in economic thought as well as contemporary analyses. Stresses general analytic reasoning and problem formulation rather than specific analytic techniques. May not be used for economics concentration. One economics HASS-D subject may be used as an economics elective for the economics major and minor.
Prerequisite:
Prereq: None
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