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Course Criteria
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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
This course has two objectives. One is to provide a comprehensive survey of the theoretical models used to analyze the strategic interaction between firms in an industry. The other is to survey recent advances in the literature by studying recently published papers.
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3.00 Credits
Major theoretical and empirical studies on the demand for and the supply of money, the impact of money in alternative macroeconomic models, and major topics in monetary policy.
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3.00 Credits
An examination of the workings of the financial system. Topics include financial crises and the business cycle, institutional and structural change affecting financial markets and institutions, the global financial system, financial fragility, regulatory policy and financial restructuring, the political economy of central banking, and money and credit in the economy.
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3.00 Credits
Macroeconomic theory and policy in open economies. Balance of payments accounting, basic theory of fiscal and monetary policy under alternative exchange rate regimes, and recent developments in the area of exchange rate economics. Implications of the social issues for current policy issues in the areas of stabilization policies and international borrowing.
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3.00 Credits
Empirically based examination of exchange -rate and balance-of-payments issues and the debt problem.
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3.00 Credits
A general introduction to the field of development economics, with concentration initially on questions of a macrostrategic nature. The final topic is macroanalysis of country development programs, examining country studies, and macro models.
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3.00 Credits
This course will provide a survey of theoretical and empirical research in labor economics. Topics typically include compensating differentials, human capital accumulation (including education, experience, and tenure), incentive contracts, job matching, job search, worker mobility, and discrimination. Students will be responsible for analyzing research and presenting it to the class.
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3.00 Credits
This course examines both theoretical and empirical analysis of government expenditures. Topics typically include the provision of public goods, education, fiscal federalism, and health care policy. The course will also provide a survey of data, methods, and policies commonly employed in the empirical public finance literature. Students will be responsible for analyzing research and presenting it to the class.
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3.00 Credits
Alternative approaches to political economy, including classical, Marxian (both classical and contemporary), post-Keynesian, institutional, feminist, and neoclassical approaches. Methods of analysis in these approaches are illustrated by examining the basic concepts of political economy such as class, state, gender, race, power, institutions, crisis, and development as well as concrete historical and contemporary issues.
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