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Course Criteria
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4.00 Credits
This course is an introduction to the probability and statistical theory underlying the estimation of parameters and testing of hypotheses in economics. Linear correlation and simple regression analysis are also introduced. Students will use computers to analyze economic data.
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4.00 Credits
This course covers the single and multiple linear regression model, the associated distribution theory, and testing procedures; specification errors; multicollinearity; corrections for heteroscedasticity and serial correlation; simultaneous equations; measurement error, dummy variables,discrete choice models; and other extensions as time permits. Students also apply techniques to a variety of data sets using computers. Applications of these techniques to various economic fields are emphasized.
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4.00 Credits
The course is an introduction to the application of econometric methods. It covers the basic tools of estimation, inference and forecast of cross-section, time-series and panel data models. The course emphasizes the intuitive understanding and practical application of these basic tools of econometric analysis.
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4.00 Credits
Analysis of factors that affect supply and demand in the market for medical care: risk, insurance, externalities, ethics, regulation.
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4.00 Credits
Analysis of factors that affect supply and demand in the market for medical care: risk, insurance, externalities, ethics, regulation.
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4.00 Credits
This course applied theoretical and empirical methods of economics to the analysis of elementary and secondary education in the United States. Topics include, but will not be limited to: education investment decisions of individuals and society; measuring the returns to education; the production of human capital with a focus on the role of school inputs' and evaluating recent k-12 education reforms (high-stakes testing, school choice,school finance) and higher education reforms (financial aid, affirmative action). Students will learn about the practical challenges of education research and how to distinguish good empirical research from bad. Assignments will include both solving theoretical problems and critiquing current research.
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4.00 Credits
This course applied theoretical and empirical methods of economics to the analysis of elementary and secondary education in the United States. Topics include, but will not be limited to: education investment decisions of individuals and society; measuring the returns to education; the production of human capital with a focus on the role of school inputs' and evaluating recent k-12 education reforms (high-stakes testing, school choice,school finance) and higher education reforms (financial aid, affirmative action). Students will learn about the practical challenges of education research and how to distinguish good empirical research from bad. Assignments will include both solving theoretical problems and critiquing current research.
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4.00 Credits
This course examines the determinants of market structure and market performance. Questions discussed are pricing, product and quality choice, collusion, mergers, vertical restrictions, antitrust policy and related welfare analysis. Additional topics (depending on time) that are covered are networks, auctions, advertisement, and research and development. The course puts a special emphasis on studying strategic situations and using the tools of game theory. We use examples from US and international markets to illustrate the main theoretical ideas.
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4.00 Credits
This course examines the determinants of market structure and market performance. Questions discussed are pricing, product and quality choice, collusion, mergers, vertical restrictions, antitrust policy and related welfare analysis. Additional topics (depending on time) that are covered are networks, auctions, advertisement, and research and development. The course puts a special emphasis on studying strategic situations and using the tools of game theory. We use examples from US and international markets to illustrate the main theoretical ideas.
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4.00 Credits
This course is intended to be an introduction to the study of the role of government in the economy, with an emphasis on the microeconomic aspects of this role. Both the taxation and the expenditure sides of government activity will be studied. The first part of the course will be devoted to the theory of public finance in order to build a foundation for the remainder of the course, which involved the application of this theory to particular programs and institutions (policy analysis). Typical topic include: public goods, social security, income taxation, tax reform, fiscal federalism, ect.
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