|
|
|
|
|
|
|
|
|
|
Course Criteria
Add courses to your favorites to save, share, and find your best transfer school.
-
3.00 Credits
Internship in Global Political Economy Fall 2008, Spring 2009. Three credits. Duncan Foley Internships are in public or private sector organizations, including the New York financial industry and labor unions. The internship is arranged by the student with the department internship coordinator.
-
3.00 Credits
Advanced Microeconomics I Fall 2008. Three credits. Duncan Foley This course covers advanced techniques of microeconomic analysis used in state-of-the-art economic research, treated from a general, critical, and rigorously mathematical standpoint. The focus is on how theories treat the problem of the relationship between microeconomic and macroeconomic behavior. Topics include Ricardian long-period analysis; Marxian circuit-ofcapital models; foundations of the theory of choice and index numbers; basic dynamic analysis in economic models; existence, stability, and uniqueness issues in neoclassical general equilibrium models; expected utility theory; foundations of game theory; and bounded rationality and evolutionary approaches to economic modeling. Prospective students should consult the instructor before registering to insure that they are adequately prepared for the course. Lab sessions will be arranged. Prerequisite: GECO 6190 or permission of the instructor.
-
3.00 Credits
Advanced Microeconomics II Spring 2009. Three credits. Harvey Gram This course traces the extent to which modern economic theory, particularly as it pertains to pure competition in market and non-market games under the rationality postulate, is grounded in the language of probability and measure theory. Special attention is paid to the formal expression of ideas such as economic and numerical negligibility on the one hand and diffuseness and conditional independence of information on the other. Toward this end, the course develops rigorous formulations of basic ideas of conceptual (rather than computational) probability, including spaces of events, random variables and their means, marginal and joint densities, stochastic independence, and derivatives of probabilities. We apply those formulations first to the basic theorems of welfare economics, including the core theorems, and second to large anonymous and non-anonymous games, as well as to finite-agent games with private information. If time permits, the course concludes with some basic vocabulary of evolutionary game theory. The course is self-contained from the technical point of view but presupposes a level of mathematical maturity that ought typically to be achieved by taking a course such as GECO 6189. Prospective students who are not sure they have the necessary interest and background should contact the instructor.
-
3.00 Credits
Advanced Macroeconomics I Fall 2008. Three credits. Lance Taylor This course presents a critical review of both mainstream and structuralist macroeconomic traditions. Topics covered include social accounts and social relations; price formation and the functional income distribution; money, theories of the interest rate, and inflation; effective demand and its real and financial implications; short-term model closures and long-term growth; Chicago monetarism, new classical macroeconomics, and mainstream finance; effective demand and the distributive curve; structuralist analyses of finance and money; models of cycles; open economy macroeconomics; and growth and development theories. Lab sessions will be arranged. Prerequisite: GECO 6191, GECO 6289, or permission of the instructor. GECO 6189 is recommended.
-
3.00 Credits
Advanced Macroeconomics II Spring 2009. Three credits. Willi Semmler This course extends the study of the foundations of macroeconomic theory by providing a critical theoretical and empirical analysis of the problems of economic growth, fluctuations, and employment. We focus on theory and empirical work of different traditions of dynamic macroeconomics. Topics covered include the empirical evidence on the old and new growth theory, business cycle models in the equilibrium and disequilibrium traditions, empirical work on the Phillips curve and unemployment, labor market dynamics and inequality, asset market fluctuations and economic activity, recent theoretical and empirical work on monetary and fiscal policies, and open-economy dynamics. Students are encouraged to develop their own research, and emphasis is placed on empirical work in macroeconomics. Prerequisites: GECO 6189, GECO 6191, GECO 6202 (recommended), or permission of the instructor.
-
3.00 Credits
Advanced Political Economy I Not offered 2008-09. Three credits. Duncan Foley This course presents the fundamental concepts of Marxian economics in the context of the tradition of classical political economy. We begin with a review of the long-period method of reasoning that underlies Smith's and Ricardo's analysis and supplement it with a discussion of Marx's methodbased on his account in the Grundrisse. The course then covers the basic outline of Capital: commodities and money, value, and abstract labor; surplus value, wage labor, and exploitation; the decomposition of the profit rate; absolute and relative surplus value; the circuit of capital; the equalization of the rate of profit; rent; productive and unproductive labor; banking and interest-bearing capital; and fictitious capital. The course concludes with a discussion of the position of Marx's economics within the general tradition of heterodox macroeconomics. A representative selection of the post-Marx literature on each topic is discussed. Prerequisite: GECO 6190 or the permission of the instructor.
-
3.00 Credits
Advanced Political Economy II Spring 2009. Three credits. Anwar Shaikh This course concerns the analysis of advanced capitalism. Although it begins with a survey of the state of the global economy, its focus is on the structure and dynamics at the center. The turbulent dynamics of the system, which express themselves as order generated in and through disorder, are shown to give rise to patterns of recurrence. We examine the empirical evidence and the theoretical claims of classical, neoclassical, and post-Keynesian theories concerning the determination of prices, profits, production, interest rates, stock market prices, exchange rates, and international trade. A subsequent course may extend the discussion to the analysis of money, credit, effective demand, growth, unemployment, inflation, technical change, cycles, long waves, and recurrent crises. A prior background is required in first year graduate macroeconomics and microeconomics, and in the history of economic thought. Prerequisites: GECO 5104, GECO 6190, GECO 6191, GECO 6189 (recommended), and GECO 6202 (recommended), or permission of the instructor.
-
3.00 Credits
Post-Keynesian Economics Fall 2008. Three credits. Edward Nell This course covers recent developments in post-Keynesian economic theory and explores major themes and controversies. Topics include the theory of effective demand, the distinction between demand- and supplyconstrained equilibria, the theory of endogenous money, and the theory of financial fragility. The course aims to show how post-Keynesian economics constitutes an intellectually coherent body of thought. Prerequisite: GECO 6191 or permission of the instructor.
-
3.00 Credits
Topics in Economic Analysis: Inflation Not offered 2008-09. Three credits. Anwar Shaikh This seminar focuses on the problem of inflation. We examine price patterns going back several centuries, as well as past episodes of inflation on a world scale. The course also examines competing theoretical explanations of inflation. Students are expected to conduct empirical research on two different countries, one in the developed world and one in the developing world, and to present their results in class. Grades are based on these presentations.
-
3.00 Credits
Seminar: The Classical Theory of Price Spring 2009. Three credits. Anwar Shaikh This course focuses on the structure of the theories of price in Ricardo, Marx, and Sraffa. Close attention is paid to the logic of the arguments, as well as to their mathematical formalization. We also attempt to assess their theoretical and empirical significance for modern advanced economies, through the use of input-output data. Readings include parts of Ricardo's Principles, Marx's Capital, Sraffa' s Production of Commodities by Means ofCommodities, and various other readings on the subject. Some familiarity with linear algebra is highly recommended.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Privacy Statement
|
Terms of Use
|
Institutional Membership Information
|
About AcademyOne
Copyright 2006 - 2024 AcademyOne, Inc.
|
|
|