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Course Criteria
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1.00 Credits
An introduction to current research in the economics of health and population. Focuses on studies of empirically-tractable and tested models of individual, household, and firm behaviors and how these behaviors interact through markets and other institutions. Among the subjects considered are the economics of fertility and marriage, the operation of the health services sector, and the implications of population aging.
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1.00 Credits
This course uses economic theory to study the problems of inequality. The emphasis is two-fold: (1) to explain persistent resource disparities between individuals or social groups; and, (2) to assess the welfare effects of various equality-promoting policies. Topics include racial stereotypes, residential segregation, distributive justice, incentive effects of preferential policies, dysfunctional identity, and endogenous inequality due to the structure of production and exchange.
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1.00 Credits
The first part of the course covers social interactions, productivity spillovers, systems of cities models, urban growth, and rural-urban migration. The second part of the course covers topics such as durable housing, land market regulation and exclusion, and local political economy. Besides covering basic theoretical models, emphasis is placed on working through recent empirical papers on both the USA and developing countires. Prerequisites: ECON 2050 and 2060.
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1.00 Credits
This course covers standard urban land use theory, urban transportation, sorting across political jurisdictions, hedonics, housing, segregation and crime. Empirical examples are taken primarily from the United States. After taking the course, students will have an understanding of standard urban theory and of empirical evidence on various important applied urban topics. In addition, students will gain practical experience in manipulating spatial data sets and simulating urban models.
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1.00 Credits
Pending Approval Discrete time asset pricing theory, empirical dynamic models of asset prices and consumption, diagnostic tests of asset pricing models, asset pricing puzzles, international diversification and market frictions, stock market participation, and topics in behavioral finance.
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0.00 Credits
Course description unavailable
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1.00 Credits
Monopolistic competition, market structure and entry, nonprice competition, economics of information.
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1.00 Credits
Theoretical and empirical analysis of the role of government in private economies. Topics include welfare economics, public goods, externalities, income redistribution, tax revenues, public choice, and fiscal federalism.
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1.00 Credits
This course covers issues related to labor, land, and natural resource markets in developing countries, in partial and general equilibrium settings. Topics covered include: The agricultural household model, under complete and incomplete market assumptions; household and individual labor supply, migration, self-employment, and the informal sector; rental market frictions and sharecropping arrangements; and environmental externalities (e.g., pollution, water usage, etc.), and sustainable development.
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1.00 Credits
This course deals with the economic analysis of institutions, with a particular focus on community-based institutions in developing countries. Institutions covered in this course includes cooperatives, ROSCAS, networks, marriage and the family.
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