|
|
|
|
|
|
|
|
|
|
Course Criteria
Add courses to your favorites to save, share, and find your best transfer school.
-
3.00 Credits
Economics of Technological Innovation and Design Not offered 2008-09. Three credits. William Milberg Why do some technological innovations alter the course of history while others are quickly forgotten Why do some new products and designs have staying power while others disappear overnight This course is aimed at building an understanding of the economic causes and consequences of innovations in technology and design. The course begins with a historical overview of the role of innovation in economic development and the institutional contexts in which innovation has or has not flourished. We then look at the role of the firm as a source of innovation and consider both supply- and demand-based theories of innovation as well as theories of innovation and market structure. This leads to an in-depth study of economic, cultural, and political institutions in which innovations occur-for example, companies, universities, media arrangements, defense efforts, and even countercultural groups. We consider briefly the relation between innovation and production processes, analyzing the move to greater flexibility of production processes and to a more international focus in production and consumption. We then take up the issue of patents and intellectual property protection. The course ends with a series of case studies both of national systems of innovation (e.g., the United States, Germany, Japan, Korea, China) and of specific commodities (e.g., those produced in electronics, fashion, and pharmaceuticals) whose design and technology provide general lessons for understanding what makes innovation successful and how that success is sustained in society. The course is intended for upperlevel undergraduates and beginning MA students. Prerequisite: Introduction to Microeconomics (ULEC 2030), Introduction to Macroeconomics (ULEC 2020), an equivalent course in the principles of economics, or permission of the instructor. Cross-listed as LECO 4504.
-
3.00 Credits
Seminar on Finance Not offered 2008-09. Three credits. Salih Neftci This seminar is based on Financial Engineering and deals with new topics and current market trends in finance. Well-known guests from the financial services industry will speak. Some math background is required.
-
3.00 Credits
Financial Markets and Valuation Not offered 2008-09. Three credits. Salih Neftci This course is an introduction to models for financial valuation, including discounting, bond mathematics, stock valuation models, and models for futures, and other derivative instruments. On a theoretical level, it is a course in the problems of time and risk, the two key dimensions placing finance as a specialization within economics. On an applied level, it is an introduction to various new instruments of finance and their models from the fields of economics and finance.
-
3.00 Credits
Principles of Financial Engineering Not offered 2008-09. Three credits. Salih Neftci This course provides an introduction to the principles of financial engineering: cash flows and synthetic creation of cash flows, valuation and the role of yield curve and construction, devising of arbitrage and hedging strategies, least-cost instruments, and portfolio replication. It also introduces major tools and their analytical roles.
-
3.00 Credits
Financial History Not offered 2008-09. Three credits. Edward Nell Financial history starts with the early development of money and credit in the ancient world. We examine the relations between them, then move on to the emergence of accounting and present value calculation in the medieval cities, especially in connection with banking and calculations of risk. The history of thinking about risk is explored. Instability also develops during the Renaissance; the "Bubbles" in the end of the 17th and early18th centuries are studied. (The South Sea Bubble saw appearance of the first derivatives.) In the 19th century we trace the movement of a definite business cycle; we consider whether and why we can also find a clear financial cycle. In the first part of the 20th century financial cycles become more intense. After World War II it is repeatedly claimed that cycles have been tamed, that a "new era" has emerged. The various rationales for thisare explored. At all points the relationship of financial activity to the real economy are examined.
-
3.00 Credits
Introduction to Econometrics Spring 2009. Three credits. Jamee Moudud This course provides an introduction to econometrics and its statistical foundations. The main focus is on the classical linear regression model. Basic mathematical skills are necessary for a full understanding of the material. Lab sessions to be arranged. Prerequisite: GECO 6189 or permission of the instructor.
-
3.00 Credits
Mathematics for Economics Fall 2008. Three credits. Lucas Bernard The course is designed to provide students with the fundamental mathematical and statistical skills required for graduate study in economics. This course is strongly recommended for all incoming MA and PhD students in economics and is a requirement in some of the economics MA concentrations. The course is open to any degree or non-degree student at The New School for Social Research. 18
-
3.00 Credits
Graduate Microeconomics Spring 2009. Three credits. Lopamudra Banerjee This course covers the fundamental aspects of microeconomic theory that are required to read contemporary economics journals and to create new models to explain the behavior of firms, households, and markets and to evaluate economic policies. Some of the material overlaps with a high-level undergraduate intermediate microeconomics course, but it is treated from a more critical and methodological point of view. Students who have had a strong undergraduate intermediate microeconomics course should consult the instructor to decide between this course and Advanced Microeconomic Theory. The first part of the course focuses on modeling households, firms, and markets under the assumption of full information about the commodities being produced and exchanged. This section of the course reviews supply and demand models and the theory of consumer surplus; the theory of consumer choice, particularly as applied to labor supply, saving, and risk-taking; the theory of the cost-minimizing and profitmaximizing competitive firm; cost functions and industry equilibrium; general equilibrium and market failure due to externalities, monopoly, and government intervention; the theory of the "second best," oligopoly;monopolistic competition; and basic concepts of game theory. The second part of the course considers the problem of incomplete and asymmetric information in market interactions, including the issues of moral hazard, adverse selection, and signaling. Theoretical concepts are illustrated by examples of applications to important social and policy problems, including environmental degradation, financial evolution, industrial regulation, market liberalization, and labor market discrimination. The critical evaluation of microeconomic theory as an analytical and policy tool is a major focus of class discussion. Prerequisite: GECO 6189 or permission of the instructor. Cross-listed as LECO 4500.
-
3.00 Credits
Graduate Macroeconomics Fall 2008. Three credits. Willi Semmler This course covers the theory of economic fluctuations and growth. The first half centers on the theory of economic fluctuations, including the study of inflation and unemployment; dynamic interaction of the product, financial, and labor markets; the Phillips curve and the NAIRU; and monetary and fiscal policies. The second half covers classical, Keynesian, and neoclassical theories of economic growth, technical change, and endogenous growth theory. Those topics are studied and illustrated with respect to major areas of the world economy, such as the United States, the euro-area countries, Asia, and Latin America. Cross-listed as LECO 4506.
-
3.00 Credits
Political Economy of the Environment Not offered 2008-09. Three credits. Lance Taylor This course reviews environmental questions currently under debate. Topics include contrasting cultural and ethical approaches to the environment, economic and political factors affecting environmental quality and prospects for sustainable growth, analysis of possible public interventions and their complications, natural resource issues, and global environmental questions, especially interactions between North and South. Cross-listed as LECO 4502.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Privacy Statement
|
Terms of Use
|
Institutional Membership Information
|
About AcademyOne
Copyright 2006 - 2024 AcademyOne, Inc.
|
|
|