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Course Criteria
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3.00 Credits
Overview of field of law and economics. Economics of information, contract theory, economic analysis of law, and New Institutional Economics. Consequences of failure of law and institutions; alternative mechanisms to sustain markets and transactions. Instructor consent required. Instructor: Bellemare
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3.00 Credits
Microeconomic foundations of international development policy using tools of microeconomics to study behavior of individuals, households, and firms in developing countries. Topics may include household and intrahousehold modeling; market participation; agrarian contracts; credit and microfinance; nutrition and health; poverty traps; etc. PPS 128 prerequisite or instructor approval. Instructor: Bellemare
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3.00 Credits
Economic development of the Middle East from the rise of Islam to the present. Transformation of the region from an economically advanced area into part of the underdeveloped world. Role of religion in economic successes and failures. Obstacles to development today. Topics: Islamic economic institution, economic roles of Islamic law, innovation and change, political economy of modernization, interactions with other regions, economic consequences of Islamism. Consent of instructor required. Instructor: Kuran
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3.00 Credits
Use of economics to examine the production and consumption of information in communications markets and impact of media on society. Topics include regulation of television/radio/newspapers, intellectual property and Internet, content diversity, and news markets. Instructor: Hamilton
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3.00 Credits
Basic econometric methods useful in empirical economic research and forecasting. Topics include multiple regression analysis under nonstandard conditions; probit, logit, and other limited dependent variables; count data; simultaneous equation systems; and models with panel data. Focus on macroeconomic applications. (Same as economics 141, but requires additional paper; not open to students who have taken Economics 141.) Prerequisite: Economics 139D or 239D. Instructor: Rossi
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3.00 Credits
Empirical research in microeconomics, with emphasis on three main sub-fields: labor economics, public economics, and industrial organization. Focus on current empirical research in these areas and student independent analysis of current research using statistical software. Same as Econ 142, but additional work required. Not open to students who have taken Economics 141B, 142 or 241B. Prerequisite: Economics 139D or 239D. Instructor: Staff
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3.00 Credits
Cross-disciplinary art history-visual culture-economics seminar. Analytical and applied historical exploration of cultural production and local art markets, and their emergence throughout Europe, Asia, and the Americas. Criteria for valuation of imagery or what makes art as a commodity desirable or fashionable. Visual taste formation, consumer behavior, and the role of art dealers as cross-cultural negotiants. Consent of instructor required. Instructor: Van Miegroet
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3.00 Credits
Introduction to urban and spatial economics. Neoclassical monocentric city spatial model, patterns of land values, property prices, residential density and impact of distressed communities on broader development. Systems of cities and regional growth, role of cities in economic development. United States urban features: ethical and socio-economic effects of housing segregation and implications for discrimination. Tradeoffs between efficiency and fairness in housing resource allocation. Business location theory, impact of innovations in transportation, and technology's effect on work patterns. Same as Economics 145, but requires additional work. Not open to students who have taken Economics 145. Instructor: Becker
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3.00 Credits
Same as Economics 146, but requires an additional paper; not open to students who have taken Economics 146 or 151. Instructor: De Marchi
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3.00 Credits
Study of three kinds of economic performance: growth, inflation and distribution. Consider alternative policies, such as import substitution industrialization and neoliberalism, inflation targeting and exchange rates; alternative institutions, such as authoritarianism, competitive elections, limitation on government, central bank independence; and alternative histories, such as independence or colonial heritage. Instructor: Keech
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