Courses

    Covers stabilization policy and structural adjustment. Specific topics include orthodox stabilization policies (fiscal, monetary, and exchange rate policies); heterodox stabilization policies (price, wage, and interest controls); trade liberalization; financial liberalization; privatization and deregulation. Prereqs., ECON 6070 and 6080.

    Introduces first-year graduate students to time series approach of model building and forecasting. Basic topics are autoregressive integrated moving average models, nonstationarity and co-integration, vector autoregressions, and the evaluation of forecasts from such models. Emphasizes applied computer assignments. Prereqs., ECON 3818 and 4808, or equivalent.

    Analyzes recent and contemporary literature on fundamentals of economic theory. Considers value theory with particular emphasis on methodology, theory of demand, theory of the firm, game theory, theory of distribution, general equilibrium theory, and welfare economics. Prereqs., ECON 3070, 3080; 6808 or MATH 1300. Prerequisites: Restricted to graduate students only.
    Discusses behavior of consumption, investment, employment, production, and interest rates in the context of dynamic optimization models. Also considers government, economic growth, and business cycles. Prereqs., ECON 3070 and 3080. Prerequisites: Restricted to graduate students only.

    Continuation of ECON 7010. Prereq., ECON 7010.

    Presents the theoretical and empirical application of dynamic macro programming models. Topics include consumption, investment, labor, money, and credit theories. Covers the theory of economic fluctuations and business cycles employing dynamic general equilibrium models. Prereq., ECON 7020.

    Discusses advanced topics in game theory and general equilibrium. Prereqs., ECON 7010, 7030, 7818, 7828. Prerequisites: Restricted to graduate students only.
    Provides the mathematical foundation for Ph.D. level statistical inference in economic research. The primary topics of the course are probability theoryand mathematical statistics including hypothesis testing and classical estimation with an emphasison the method of maximum likelihood. Prerequisites: Restricted to graduate students only.

    Continuation of ECON 7818. Topics include regression analysis and extensions of the linear regression model to generalized least squares, time series data, and systems of equations. Prereq., ECON 7818.

    Assists students starting their doctoral thesis by discussing methodology and evaluation of economic research. Presents and discusses student research proposals. Prereqs., two ECON courses at the 8000 level. Prerequisites: Restricted to graduate students only.
    Presents the fundamental principles of public goods, externalities, public choice, excess burden, optimal taxation, and tax incidence. Prereq., ECON 6211 or 7010. Prerequisites: Restricted to graduate students only.

    Continuation of ECON 8209. Assists students starting their doctoral thesis by discussing relevant economic research. Presents and discusses research papers. Prereq., ECON 8209.

    Explores advanced topics in public economics such as decentralization, state and local government, program analysis, taxation, international tax issues, political economy issues, and market failure. Prereqs., ECON 6211 or 7010, and 8211.

    Examines subnational governments and systems of governments, the effects of inter-governmental competition, appropriate tax and expenditure responsibilities, and variations in governing institutions. Covers congestible public goods, Tieabout mechanisms, and tax capitalization. Prereq., ECON 6211 or 7010.

    Covers basic theories in spatial location of economic activity and land use and the survey techniques developed to analyze, measure, and predict regional and urban structure and growth, such as economic base studies, regional social accounts, and input-output analysis. Prereq., ECON 6070 or 7010.

    Investigates various theoretical topics in urban and regional economics, focusing on policy issues. Involves student research and presentations. Prereq., ECON 6070 or 7010.

    Introduces research on globalization and democratization from an interdisciplinary perspective. Examines ongoing interdisciplinary research on the global political economy. Students learn about ongoing research, critique current efforts, and design their own research project. Prereq., graduate standing in PSCI, ECON, GEOG, or SOCY. Same as PSCI 7333, SOCY 6031, and GEOG 5332.

    Covers theories of comparative advantage, including the classical, factor-proportions, fixed-factor, and noncompetitive markets models. Examines trade policy including trade barriers, market distortions, strategic policy, regional integration, political economy, and factor migration. Prereq., ECON 6413 or 7010. Prerequisites: Restricted to graduate students only.

    Highlights foreign exchange markets, past and current international monetary mechanisms, and processes of adjustment. Examines the role of international financial markets for the behavior of consumption, investment, saving, and production. Also considers international transmission of business cycles. Prereq., ECON 6423 or 7020.

    Explores advanced work in various aspects of international economics, such as empirical trade analysis, public choice, and interactions between real and monetary phenomena in the world economy. Prereq., ECON 6413, 6423, 8413, or 8423. Prerequisites: Restricted to graduate students only.

    Examines North America's past from the perspective of economics. Topics include growth and welfare in the colonial period; staple products, agricultural development, and the emerging industrialism in the antebellum period; transformation of the North American economy to 1914; the interwar years and the Great Depression; and economic integration since 1945. Prereqs., ECON 6070 and 6080, or ECON 7010.

    Considers the allocation of society's scarce environmental resources and government attempts to achieve more efficient and equitable allocations. It is a course in applied welfare economics with an emphasis on market failure and valuation. Prereq., ECON 6535 and 6808; or ECON 7010. Prerequisites: Restricted to graduate students only.
    Provides advanced study of recent advances in environmental economics and explores opportunities for new research. Topics vary with interests of instructor and students. Prereqs., ECON 6535 and 6808, or ECON 7010 and ECON 8535. Prerequisites: Restricted to graduate students only.

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