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Course Criteria
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0.00 - 4.00 Credits
A survey of the history of economics, with an emphasis on the origins, nature, and course of leading economic ideas. This class aims to situate economic ideas in their historical context, thus providing a deeper understanding of economic life and theories of it. We critically appraise economic texts from Aristotle to 20th century writers, not solely out of antiquarian interest, but also for their insights into commercial society's foundational issues: the role of the state in the economy, the nature of human action and of the social good, and the social effects of property rights, prices, trade and the other defining attributes of markets.
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0.00 - 4.00 Credits
Explores basic themes in modern game theory and information economics. Non cooperative solution concepts for games will be developed and applied to the study of repeated games and dynamic interaction in oligopolistic industries, reputation formation, auctions, and bargaining.
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0.00 - 4.00 Credits
Course introduces use of economics in understanding both the sources of and the remedies to environmental and resource allocation problems. It emphasizes the reoccurrence of economic phenomena like public goods, externalities, market failure and imperfect information. Students learn about the design and evaluation of environmental policy instruments, the political economy of environmental policy, and the valuation of environmental and natural resource services. These concepts are illustrated in a variety of applications from domestic pollution of air, water and land to international issues such as global warming and sustainable development.
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0.00 - 4.00 Credits
This course applies topics from microeconomics (ECO 310) and corporate finance (ECO 363) to study corporate restructuring. Topics include mergers, acquisitions, joint ventures, divestiture and share repurchases. Each of these is discussed in the context of the relevant economic theory, institutional and regulatory environment, and with a focus on shareholder value.
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0.00 - 4.00 Credits
Financial institutions play an increasingly dominant role in modern finance. This course studies financial institutions and focuses on the stability of the financial system. It covers important theoretical concepts and recent developments in financial intermediation, asset pricing under asymmetric information, behavioral finance, and market microstructure. Topics include market efficiency, asset price bubbles, herding, liquidity crisis, credit crunch, risk management, market design, and financial regulation.
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0.00 - 4.00 Credits
An exposition of those parts of mathematics necessary to equip the graduate student in economics with modern techniques of analysis and empirical investigation. Service course.
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0.00 - 4.00 Credits
First term of a two-term sequence in microeconomic theory. Topics include consumer and producer theory, choice under uncertainty and an introduction to game theory.
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0.00 - 4.00 Credits
This course is the second term of a 2 term sequence in Microeconomics.
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0.00 - 4.00 Credits
First term of a two-term sequence in macroeconomics. Topics include consumption, saving, and investment; real interest rates and asset prices; long-term economic growth; money and inflation; and econometric methods for macroeconomics.
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0.00 - 4.00 Credits
This course is the second term of a two-term sequence in macroeconomics. Topics include classical and Keynesian theories of cyclical fluctuations; the determination of employment and real wages; credit markets and financial stability; and stabilization policy.
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