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Course Criteria
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3.00 Credits
Exposition of statistical techniques with applications in development, labor theory, and public policy economics. Testing hypotheses in economic theory and estimating behavioral relationships in economics.
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3.00 Credits
Properties of estimators, methods of estimation, general linear regression model, maximum likelihood estimation, nonlinear regression models, Karnaugh maps, hypotheses testing with likelihood ratio, Wald, Rao tests, ANOVA, and spline regression methods.
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3.00 Credits
This course covers identification of linear simultaneous equation estimation. Advanced estimation methods will be the main focus of this course such as panel data regression, maximum likelihood estimation for tobit, logit and probit estimations, generalized method of moment estimation (GMM), least absolute deviation (LAD) estimation, quantile regression method, nonstationary time series, cointegration, UAR and Kalman filtering for the time-varying parameter estimation.
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3.00 Credits
Selected topics of current research interest in macroeconomics. Subject matter to vary from year to year.
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3.00 Credits
An analysis of the welfare economics of environmental problems, emphasizing market failures due to negative environmental externalities. Air, water, and land pollution are classic examples of these externalities, which occur when third parties bear costs resulting from the transactions of the two primary market participants. The theory and practice of environmental policy to promote efficiency at the US local, state, and federal levels and in other countries is explored. International problems such as transboundary pollution and global warming are also studied.
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3.00 Credits
This is the follow-up course to ECOE 70311 Environmental Economics. Topics of study include the following: An analysis of the welfare economics of environmental problems, emphasizing market failures due to negative environmental externalities. Air, water, and land pollution are classic examples of these externalities, which occur when third parties bear costs resulting from the transactions of the two primary market participants. The theory and practice of environmental policy to promote efficiency at the US local, state, and federal levels and in other countries is explored. International problems such as transboundary pollution and global warming are also studied.
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3.00 Credits
Three paradigms in labor economic theory: neoclassical, radical, and institutional. Theories of time use, household formation, women's employment, wage determination, efficiency wages, labor market dynamics, and unemployment are among the areas covered.
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3.00 Credits
Introduction to the study of industrial structures and their relationship to economic performance. Competing theories of the determinants of structure at the level of individual industries and sectors and the role of structure in the competitiveness of firms in the regional, national, and global economy. Role of competitive forces in relatively unregulated environments and role of regulation and industrial policy in creating successful industries.
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3.00 Credits
ECOE 70362 - Industrial Organization II Second course in graduate field, covering various topics including, but not limited to: product differentiation; mergers, cartels, and collusion; advertising and price dispersion; innovation and patenting.
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3.00 Credits
Selected topics of current research interest in macroeconomics. Subject matter to vary from year to year.
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