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Jason Abrevaya, Chair 2225 Speedway, Stop C3100, Austin, TX 78712 • Admin: 512-471-3211 & Advising: 512-471-2973

Course Descriptions

ECO 301 • Introduction To Economics

33465 • Thomas, Megan Deepti
Meets MWF 900am-1000am CLA 1.104
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This course will be a mixture of both Micro and Macro Economics.  Students who wish to be an Economics major MAY NOT use this course toward the major and should take ECO 304K and ECO 304L.

  • Students will learn how economists describe and measure the economy, in the aggregate, as well as specific markets such as the labor market, the housing market, financial markets, and international trade.  Concepts for measurement and data will be covered.
  • Students will learn how economists organize their analysis of economic choices by thinking about how individuals (i) respond to incentives, (ii) seek out exchange in markets, and (iii) form, and participate in, various economic institutions.
  • Students will learn how to think about strategic behavior (for example, markets with a small number of firms, or negotiating trade agreements among a small number of countries).
  • Students will learn about “externalities” and “public goods,” which, by conferring costs or benefits that are not appropriated by individuals or that are “non-rival” in nature (for example, once discovered, a technology can be used by many at the same time), provide reasons for government regulation, taxation, and government-provided goods and services.

ECO 301 • Introduction To Economics

33470 • Hickenbottom, Wayne R
Meets MWF 1000am-1100am WEL 2.224
show description

This course will be a mixture of both Micro and Macro Economics.  Students who wish to be an Economics major MAY NOT use this course toward the major and should take ECO 304K and ECO 304L.

  • Students will learn how economists describe and measure the economy, in the aggregate, as well as specific markets such as the labor market, the housing market, financial markets, and international trade.  Concepts for measurement and data will be covered.
  • Students will learn how economists organize their analysis of economic choices by thinking about how individuals (i) respond to incentives, (ii) seek out exchange in markets, and (iii) form, and participate in, various economic institutions.
  • Students will learn how to think about strategic behavior (for example, markets with a small number of firms, or negotiating trade agreements among a small number of countries).
  • Students will learn about “externalities” and “public goods,” which, by conferring costs or benefits that are not appropriated by individuals or that are “non-rival” in nature (for example, once discovered, a technology can be used by many at the same time), provide reasons for government regulation, taxation, and government-provided goods and services.

ECO 304K • Introduction To Microeconomics

33475 • Hickenbottom, Wayne R
Meets MWF 1200pm-100pm WEL 2.224
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ANALYSIS OF THE ECONOMIC BEHAVIOR OF INDIVIDUAL CONSUMERS, FIRMS, AND WORKERS; SPECIAL ATTENTION TO THE ROLE OF MARKETS.

DESIGNED TO ACCOMMODATE 100 OR MORE STUDENTS.

This course provides an introduction to the theory of how consumers and business firms behave in the market economy. The topics include demand and supply in a competitive market, optimal consumption choice by the individual household given its budget constraint, the producer's costs and output decisions, the demand for labor and other inputs, and economic outcomes under product demand structures ranging from perfect competition to pure monopoly. For specific instructor syllabi and requirements, contact individual instructor.

ECO 304K • Introduction To Microeconomics

33480 • Houghton, Stephanie
Meets MW 100pm-230pm
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Meets MW 100-230PMANALYSIS OF THE ECONOMIC BEHAVIOR OF INDIVIDUAL CONSUMERS, FIRMS, AND WORKERS; SPECIAL ATTENTION TO THE ROLE OF MARKETS.

DESIGNED TO ACCOMMODATE 100 OR MORE STUDENTS.

This course provides an introduction to the theory of how consumers and business firms behave in the market economy. The topics include demand and supply in a competitive market, optimal consumption choice by the individual household given its budget constraint, the producer's costs and output decisions, the demand for labor and other inputs, and economic outcomes under product demand structures ranging from perfect competition to pure monopoly.

Mandatory course meetings take place online during scheduled class times, via live-streaming video. For specific instructor syllabi and requirements, contact individual instructor.  Students are strongly encouraged to visit the following page (https://www.laits.utexas.edu/tower/tech.html) to test their computer and network connection.

See this FAQ page to learn more about the online course format.

ECO 304L • Introduction To Macroeconomics

33495 • MOSTASHARI, SHALAH M
Meets MWF 1000am-1100am SAC 1.402
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ANALYSIS OF THE ECONOMY AS A WHOLE (ITS ORGANIZATION AND THE BASIC FORCES INFLUENCING ITS GROWTH AND DEVELOPMENT); MONEY AND BANKING, NATIONAL INCOME, PUBLIC FINANCE, AND INTERNATIONAL LINKAGES.

PREREQUISITE: ECONOMICS 304K WITH A GRADE OF AT LEAST C-.

DESIGNED TO ACCOMMODATE 100 OR MORE STUDENTS.

This course is designed to introduce students to the vocabulary, concepts and models of analysis of macroeconomics. We will discuss the behavior of the aggregate economy, particularly the Gross Domestic Product; Consumption; Savings; Investment,Unemployment; Inflation; the role of the Monetary System and and Policy, the role of Taxes, Government Spending and Fiscal Policy; the National Debt and Government Budget Deficits and Surpluses; Exports, Imports and International Trade.

 

ECO 304L • Introduction To Macroeconomics

33500 • Bencivenga, Valerie R.
Meets TTH 330pm-500pm WEL 2.224
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ANALYSIS OF THE ECONOMY AS A WHOLE (ITS ORGANIZATION AND THE BASIC FORCES INFLUENCING ITS GROWTH AND DEVELOPMENT); MONEY AND BANKING, NATIONAL INCOME, PUBLIC FINANCE, AND INTERNATIONAL LINKAGES.

PREREQUISITE: ECONOMICS 304K WITH A GRADE OF AT LEAST C-.

DESIGNED TO ACCOMMODATE 100 OR MORE STUDENTS.

This course is designed to introduce students to the vocabulary, concepts and models of analysis of macroeconomics. We will discuss the behavior of the aggregate economy, particularly the Gross Domestic Product; Consumption; Savings; Investment,Unemployment; Inflation; the role of the Monetary System and and Policy, the role of Taxes, Government Spending and Fiscal Policy; the National Debt and Government Budget Deficits and Surpluses; Exports, Imports and International Trade.

 

ECO 420K • Microeconomic Theory

33505-33519 • Dusansky, Richard
Meets TTH 1230pm-200pm CLA 1.104
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A SURVEY OF NEOCLASSICAL AND CONTEMPORARY THEORIES OF THE PRINCIPAL DETERMINANTS OF PRICES AND OF THE ROLE OF PRICES IN ECONOMIC ORGANIZATION. REQUIRED OF STUDENTS MAJORING IN ECONOMICS. STUDENTS MAY NOT ATTEMPT ECONOMICS 420K MORE THAN TWICE.

PREREQUISITE: ECONOMICS 304K AND 304L WITH A GRADE OF AT LEAST C- IN EACH, AND MATHEMATICS 408C AND 408D, OR MATHEMATICS 408K AND 408L, WITH A GRADE OF AT LEAST C- IN EACH.

The primary objective of the course is to study contemporary theories of the principal determinants of prices and the role of prices in economic organization. The course will emphasize the fundamental concepts of microeconomics and provide concrete examples of their application. The course will cover the demand and supply theories for competitive markets, some instances of market power, basics of the game theory, choice under uncertainty, and equilibrium in an exchange and production economy.

ECO 420K • Microeconomic Theory

33510-33517 • Manoli, Dayanand
Meets TTH 1100am-1230pm CLA 0.126
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A SURVEY OF NEOCLASSICAL AND CONTEMPORARY THEORIES OF THE PRINCIPAL DETERMINANTS OF PRICES AND OF THE ROLE OF PRICES IN ECONOMIC ORGANIZATION. REQUIRED OF STUDENTS MAJORING IN ECONOMICS. STUDENTS MAY NOT ATTEMPT ECONOMICS 420K MORE THAN TWICE.

PREREQUISITE: ECONOMICS 304K AND 304L WITH A GRADE OF AT LEAST C- IN EACH, AND MATHEMATICS 408C AND 408D, OR MATHEMATICS 408K AND 408L, WITH A GRADE OF AT LEAST C- IN EACH.

The primary objective of the course is to study contemporary theories of the principal determinants of prices and the role of prices in economic organization. The course will emphasize the fundamental concepts of microeconomics and provide concrete examples of their application. The course will cover the demand and supply theories for competitive markets, some instances of market power, basics of the game theory, choice under uncertainty, and equilibrium in an exchange and production economy.

ECO 420K • Microeconomic Theory

33516-33518 • Dusansky, Richard
Meets TTH 200pm-330pm CLA 0.126
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A SURVEY OF NEOCLASSICAL AND CONTEMPORARY THEORIES OF THE PRINCIPAL DETERMINANTS OF PRICES AND OF THE ROLE OF PRICES IN ECONOMIC ORGANIZATION. REQUIRED OF STUDENTS MAJORING IN ECONOMICS. STUDENTS MAY NOT ATTEMPT ECONOMICS 420K MORE THAN TWICE.

PREREQUISITE: ECONOMICS 304K AND 304L WITH A GRADE OF AT LEAST C- IN EACH, AND MATHEMATICS 408C AND 408D, OR MATHEMATICS 408K AND 408L, WITH A GRADE OF AT LEAST C- IN EACH.

The primary objective of the course is to study contemporary theories of the principal determinants of prices and the role of prices in economic organization. The course will emphasize the fundamental concepts of microeconomics and provide concrete examples of their application. The course will cover the demand and supply theories for competitive markets, some instances of market power, basics of the game theory, choice under uncertainty, and equilibrium in an exchange and production economy.

ECO 320L • Macroeconomic Theory

33520 • Marble, Sanford C
Meets TTH 200pm-330pm UTC 3.122
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THEORY OF THE DETERMINATION OF NATIONAL INCOME, EMPLOYMENT, AND THE PRICE LEVEL, WITH POLICY IMPLICATIONS. REQUIRED OF STUDENTS MAJORING IN ECONOMICS.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

The purpose of this course is to further students' understanding of the central ideas of macroeconomics.  We will study long-run economic growth and short-run economic fluctuations.  Once we have a basic understanding of these phenomena, we will discuss the main macroeconomic tools of the government, fiscal policy and monetary policy.  By the end of the semester, students should be able to critically read articles on current economic issues that appear in publications such as The New York Times, The Wall Street Journal, and The Economist.

ECO 320L • Macroeconomic Theory

33525 • Trinque, Brian M
Meets MWF 200pm-300pm CLA 0.130
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THEORY OF THE DETERMINATION OF NATIONAL INCOME, EMPLOYMENT, AND THE PRICE LEVEL, WITH POLICY IMPLICATIONS. REQUIRED OF STUDENTS MAJORING IN ECONOMICS.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

The purpose of this course is to further students' understanding of the central ideas of macroeconomics.  We will study long-run economic growth and short-run economic fluctuations.  Once we have a basic understanding of these phenomena, we will discuss the main macroeconomic tools of the government, fiscal policy and monetary policy.  By the end of the semester, students should be able to critically read articles on current economic issues that appear in publications such as The New York Times, The Wall Street Journal, and The Economist.

ECO 321 • Public Economics

33527 • Schneider, Helen
Meets MWF 200pm-300pm PAR 1
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In this course you will learn to apply microeconomic analysis to study the role of the public sector in the economy. Topics that we will cover include public goods and externalities, education, income redistribution, the workings of social security, welfare, political economy, cost-benefit analysis, and taxation. Although this field is sometimes called “public finance,” it is worth noting that this has nothing to do with stocks, bonds, or any other “finance” topic. It is also worth noting that this is a microeconomics course. We will not study the short-run macroeconomic effects of taxation and government spending as you may have done in 304L.

 

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

ECO 320L • Macroeconomic Theory

33528 • Sadler, Michael
Meets MW 200pm-330pm UTC 4.112
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THEORY OF THE DETERMINATION OF NATIONAL INCOME, EMPLOYMENT, AND THE PRICE LEVEL, WITH POLICY IMPLICATIONS. REQUIRED OF STUDENTS MAJORING IN ECONOMICS.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

The purpose of this course is to further students' understanding of the central ideas of macroeconomics.  We will study long-run economic growth and short-run economic fluctuations.  Once we have a basic understanding of these phenomena, we will discuss the main macroeconomic tools of the government, fiscal policy and monetary policy.  By the end of the semester, students should be able to critically read articles on current economic issues that appear in publications such as The New York Times, The Wall Street Journal, and The Economist.

ECO 321 • Public Economics

33529 • Schneider, Helen
Meets MWF 100pm-200pm PAR 1
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In this course you will learn to apply microeconomic analysis to study the role of the public sector in the economy. Topics that we will cover include public goods and externalities, education, income redistribution, the workings of social security, welfare, political economy, cost-benefit analysis, and taxation. Although this field is sometimes called “public finance,” it is worth noting that this has nothing to do with stocks, bonds, or any other “finance” topic. It is also worth noting that this is a microeconomics course. We will not study the short-run macroeconomic effects of taxation and government spending as you may have done in 304L.

 

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

ECO 322 • Money And Banking

33530 • Trinque, Brian M
Meets TTH 800am-930am SAC 5.102
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THE ROLE OF MONEY AND DEPOSITORY INSTITUTIONS IN THE ECONOMY; INTRODUCTION TO FINANCIAL AND MONETARY THEORY AND POLICY. ONLY ONE OF THE FOLLOWING MAY BE COUNTED: ECONOMICS 322, FINANCE 354, 354H.

PREREQUISITE: ECONOMICS 420K AND 320L WITH A GRADE OF AT LEAST C- IN EACH.

This course is about economic wealth: its various forms (called assets), the institutions that create, own, and exchange wealth, the government policies that regulate the behavior of these institutions, and the social origins and consequences of these assets, institutions, and policies. Financial assets-including but not limited to money-exist as stores of value, linking the production of goods in the present to the production and consumption of goods in the future. The focus of this course is on the challenge wealth presents to society: the need to ensure thta the public can assess with reasonable accuracy the various rates of return on financial assets. So long as financial assets, on average, meet people's expectations, people will seek to acquire and be willing to hold them. The resulting demand for financial assets is simultaneously a reflection of the public's confidence in them and a principal determinant of their rates of return. The origins and evolution of assets, institutions, and policies may be understood as an endless search for socially effective and privately profitable means of managing the risky task of betting on the future.

ECO 324 • Intro To Labor Economics

33535 • Trejo, Stephen J.
Meets TTH 200pm-330pm UTC 4.112
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STUDY OF LABOR IN INDUSTRIAL SOCIETIES, WITH EMPHASIS ON PRINCIPLES, INSTITUTIONS, AND POLICIES FOR UNDERSTANDING LABOR AND PERSONNEL PROBLEMS.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

 

ECO 327 • Comparative Economic Systems

33540 • Trinque, Brian M
Meets TTH 1100am-1230pm CLA 1.102
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THEORIES OF AND PRACTICES IN THE PRINCIPAL TYPES OF ECONOMIC SYSTEMS.

PREREQUISITE: ECONOMICS 304K AND 304L WITH A GRADE OF AT LEAST C- IN EACH.

This course is a writing workshop and seminar focusing on economic systems, national and global. The principal objective of the course is to enable your engagement with the scholarly literature on economic systems - that is, to learn how to learn from relevant experts. Secondary course objectives include deepening your understanding of economic systems, exercising your talents in information retrieval and processing, and sharpening your writing skills. Economic transition is an important phenomenon of the 21st century. In a large and expanding number of countries, a transition process is underway or, at least, under discussion. This transition is away from economic systems based on personal authority and inter-personal loyalties toward an economic system based on self-interested and self-reliant competitive struggle under a de-personalized rule of law. Such transitions are altering the global economy and affecting specific societies as diverse as Mexico, Germany, Uganda, Russia, India, and Japan. This course sets aside the contentious debates over the feasibility and desirability of economic transition, attempting instead to understand transition as an historical process. The focus of the course is on two instances of such transition. What caused Great Britain to become the pioneer of transition? What explains the peculiar characteristics of Japan's economic system? In our approach to these specific cases, we examine selected aspects of the evolution of economic systems from ancient times to the present. During the first two-thirds of the semester, lectures will address economic transition as well as practical tips on accessing the literature and composing a coherent term paper. Thereafter, most class meetings will consist of presentations by students of their work-in-progress.

ECO 328 • Industrial Organization

33545 • Ryan, Stephen
Meets TTH 1230pm-200pm JGB 2.324
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THE ORGANIZATION OF INDUSTRIES AND MARKETS: COMPETITION, MONOPOLY, AND OLIGOPOLY; ANTITRUST POLICY AND ITS ALTERNATIVES.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

Industrial Organization is the study of imperfectly competitive markets. In this course, we will analyze the behavior on economic agents (consumers and firms) in such settings, as well as policy issues that arise therein. Topics we will cover include monopoly, oligopoly, product differentiation, entry deterrence, and the role of asymmetric information. Calculus and game theory will be our primary analytical tools. The goal of the course is to develop your understanding of the forces at work in many kinds of market interactions, as well as to foster your ability to think critically.If more information is needed contact instructor.

ECO 329 • Economic Statistics

33560 • Donald, Stephen
Meets TTH 200pm-330pm WEL 1.308
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METHODS OF STATISTICAL ANALYSIS AND INTERPRETATION OF QUANTITATIVE DATA IN THE FIELD OF ECONOMICS. REQUIRED OF ECONOMICS MAJORS.

PREREQUISITE: ECONOMICS 304K AND 304L WITH A GRADE OF AT LEAST C- IN EACH, AND MATHEMATICS 408C AND 408D, OR MATHEMATICS 408K AND 408L, WITH A GRADE OF AT LEAST C- IN EACH.

Economics 329 is an introduction to Economic Statistics. The aim of the course is to familiarize students with methods of summarizing collections of measurements (data sets) of economic, political and business phenomena. Of particular concern will be an introduction to elementary probability theory and its use in the interpretation of summary statistics (inference) obtained from statistical data sets. A number of economic, political and business applications will be used to illustrate the methods. If more information is needed contact instructor.

ECO 330T • Econ Principles Manag Decision

33565 • Hatfield, John
Meets TTH 200pm-330pm CBA 4.326
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The goal of this course is to help you use economic principles to think strategically about business decisions. The course is structured in two parts. The first part shall focus solely on understandingmicroeconomic ideas such as the principal-agent problem and using this understanding to makebetter managerial decisions. Readings will detail each concept; a case elucidating the application ofthat concept will then be considered. Topics will include adverse selection, game theory, auctions,strategic commitment, barriers to entry, and network effects. The second part of the course considers effective strategic responses to challenges posed by the legalenvironment. Readings will detail the legal environment of antitrust, intellectual property, etc., aswell as strategic options available to managers in dealing with challenges in these areas. Cases willemphasize applying knowledge of the legal environment as well as sound business practices tosuccessfully and ethically deal with the challenges posed. Topics will include regulation andantitrust, intellectual property, trade laws, fiduciary duty, and liability.   Prerequisites: ECO 304K with a C- or better

ECO 330T • Econ Principles Manag Decision

33570 • Hatfield, John
Meets TTH 330pm-500pm CBA 4.326
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The goal of this course is to help you use economic principles to think strategically about business decisions. The course is structured in two parts. The first part shall focus solely on understandingmicroeconomic ideas such as the principal-agent problem and using this understanding to makebetter managerial decisions. Readings will detail each concept; a case elucidating the application ofthat concept will then be considered. Topics will include adverse selection, game theory, auctions,strategic commitment, barriers to entry, and network effects. The second part of the course considers effective strategic responses to challenges posed by the legalenvironment. Readings will detail the legal environment of antitrust, intellectual property, etc., aswell as strategic options available to managers in dealing with challenges in these areas. Cases willemphasize applying knowledge of the legal environment as well as sound business practices tosuccessfully and ethically deal with the challenges posed. Topics will include regulation andantitrust, intellectual property, trade laws, fiduciary duty, and liability.   Prerequisites: ECO 304K with a C- or better

ECO 330T • Economics Of Health

33575 • Schneider, Helen
Meets MWF 1000am-1100am CLA 0.102
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OPEN TO NONMAJORS. TOPICS MAY INCLUDE ECONOMIC THEORY, APPLICATIONS, AND POLICY. ECONOMICS 330T AND 350K MAY NOT BOTH BE COUNTED UNLESS THE TOPICS VARY.

This course will examine the special features of medical care as a commodity, the demand for health and medical services, the economic explanations for the behavior of medical care providers, the functioning of insurance markets, federal health insurance programs, and regulation. In this course, only 304K is required (not 420K, so a solid foundation in math, statistics, and microeconomic theory is not necessary but recommended) and there is no writing component. Finally, this course will examine the role and justification for government involvement in the medical care system.

Prerequisites: ECO 304K with a C- or better

 

 

ECO 339K • Internatl Trade And Investment

33585 • MOSTASHARI, SHALAH M
Meets MWF 900am-1000am JGB 2.218
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INTERNATIONAL TRADE THEORY, BALANCE OF PAYMENTS, COMMODITY TRADE, INTERNATIONAL FINANCE AND FOREIGN EXCHANGE RATES, FOREIGN INVESTMENTS. ECONOMICS 339K AND INTERNATIONAL BUSINESS 350 MAY NOT BOTH BE COUNTED.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

This course will analyze the causes and consequences of international trade and investment, and provide an introduction to the models and data economists use to address these questions. We will investigate why nations trade, what they trade, and who gains from this trade. We will analyze the motives for governments to regulate international trade, and study the effects of such policies on economic welfare, international trade agreements, and some current trade policy disputes. We will then go to the "international investment" part of the course, and study how exchange rates, interest rates, and price levels are determined in an open economy, as well as possible causes of current account deficits and surpluses. We will study how international transactions are recorded in the Balance of Payment of a country. We will spend some time discussing aspects of the current debate on globalization, such as the effects of trade on wages, economic growth and income distribution; multinational firms, foreign direct investment, and outsourcing; the financial crises of the nineties; the use of international labor standards; the interactions between trade and environmental concerns. We will rely on formal economic modeling to help us understand past and current events in the world economy. We will therefore extensively use microeconomics tools that you have learned in previous courses. It is very important that you be familiar with these tools, and feel comfortable using and manipulating them. If you are taking this class, it will be assumed that this is the case. If more information is needed contact instructor.

ECO 341K • Introduction To Econometrics

33590 • Han, Sukjin
Meets TTH 1100am-1230pm WAG 214
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INTRODUCES THE STUDENT TO STANDARD REGRESSION PROCEDURES OF PARAMETER ESTIMATION AND HYPOTHESIS TESTING IN ECONOMICS.

PREREQUISITE: ECONOMICS 420K AND 329 WITH A GRADE OF AT LEAST C- IN EACH.

Econometrics is an application of statistical methods to the estimation of economic relationships. Students are expected to have an understanding of both statistics and economic theory. This course reveals how relationships among economic variables are discerned from data. The primary focus of this course is on estimation methodology. If more information is needed contact instructor.

ECO 341K • Introduction To Econometrics

33595 • Xu, Haiqing
Meets TTH 1230pm-200pm BUR 208
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INTRODUCES THE STUDENT TO STANDARD REGRESSION PROCEDURES OF PARAMETER ESTIMATION AND HYPOTHESIS TESTING IN ECONOMICS.

PREREQUISITE: ECONOMICS 420K AND 329 WITH A GRADE OF AT LEAST C- IN EACH.

Econometrics is an application of statistical methods to the estimation of economic relationships. Students are expected to have an understanding of both statistics and economic theory. This course reveals how relationships among economic variables are discerned from data. The primary focus of this course is on estimation methodology. If more information is needed contact instructor.

ECO 341K • Introduction To Econometrics

33600 • Xu, Haiqing
Meets TTH 200pm-330pm BUR 134
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INTRODUCES THE STUDENT TO STANDARD REGRESSION PROCEDURES OF PARAMETER ESTIMATION AND HYPOTHESIS TESTING IN ECONOMICS.

PREREQUISITE: ECONOMICS 420K AND 329 WITH A GRADE OF AT LEAST C- IN EACH.

Econometrics is an application of statistical methods to the estimation of economic relationships. Students are expected to have an understanding of both statistics and economic theory. This course reveals how relationships among economic variables are discerned from data. The primary focus of this course is on estimation methodology. If more information is needed contact instructor.

ECO 341K • Introduction To Econometrics

33605 • Han, Sukjin
Meets TTH 330pm-500pm GSB 2.126
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INTRODUCES THE STUDENT TO STANDARD REGRESSION PROCEDURES OF PARAMETER ESTIMATION AND HYPOTHESIS TESTING IN ECONOMICS.

PREREQUISITE: ECONOMICS 420K AND 329 WITH A GRADE OF AT LEAST C- IN EACH.

Econometrics is an application of statistical methods to the estimation of economic relationships. Students are expected to have an understanding of both statistics and economic theory. This course reveals how relationships among economic variables are discerned from data. The primary focus of this course is on estimation methodology. If more information is needed contact instructor.

ECO 350K • Business Strategy

33609 • Sibley, David S
Meets TTH 330pm-500pm CLA 1.104
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This course will cover the basic topics in business strategy, such as: Porter's Five Forces, pricing, distribution and retailing, mergers and product differentiation.  Relevant aspects of antitrust law will also be covered.  There will be an emphasis on good business writing.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

ECO 350K • Economics Of Education

33610 • Murphy, Richard
Meets TTH 930am-1100am SZB 370
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The course will introduce the concept of human capital, and consider the important question of why both individuals and governments invest in education.  Using economic principals we will analyse the determinants of human capital.  This will cover topics such as, the importance of school factors such as family background and age.  We then consider in-school determinants of education including class size, peer effects, and school types.  Going into more detail we go on to discuss the impact of teachers, the methods by which this has been measured and improved.  Finally, the course addressed the market for college education, with emphasis on the financing of higher educational systems, the efficient matching of students to institutions.  The course will combine theory with empirical matching of students to institutions.  The course will combine theory with empirical and touch upon current policy issues in education.

 

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

ECO 350K • Economics Of Education

33615 • Murphy, Richard
Meets TTH 1230pm-200pm SZB 370
show description

The course will introduce the concept of human capital, and consider the important question of why both individuals and governments invest in education.  Using economic principals we will analyse the determinants of human capital.  This will cover topics such as, the importance of school factors such as family background and age.  We then consider in-school determinants of education including class size, peer effects, and school types.  Going into more detail we go on to discuss the impact of teachers, the methods by which this has been measured and improved.  Finally, the course addressed the market for college education, with emphasis on the financing of higher educational systems, the efficient matching of students to institutions.  The course will combine theory with empirical matching of students to institutions.  The course will combine theory with empirical and touch upon current policy issues in education.

 

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

ECO 350K • Energy Economics

33620 • Sadler, Michael
Meets MW 1100am-1230pm UTC 3.122
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This course will focus on energy and environmental policy, assessments of current and emerging global energy and environmental issues, and environmental policy options for dealing with these issues at global, national, and local scales.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

ECO 351K • Curr Iss In Business Economics

33640 • Houghton, Stephanie
Meets TTH 1230pm-200pm SZB 416
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NEWLY EMERGING PROBLEMS IN BUSINESS AND THE APPROACHES USED FOR STRUCTURING, ANALYZING, AND TREATING THEM.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

In this course we will consider how we can use economic principles to analyze actual business problems. We will use a number of business cases to illustrate how classic economic models can be used to understand current business issues, as well as how we can augment simple models to deal with complex business situations. The course is not meant to be a comprehensive cookbook of applications of economics to business problems. The purpose is rather to give students the opportunity to practice making logical economic arguments in the context of examples from the real business world.

ECO 351K • Curr Iss In Business Economics

33649 • Miravete, Eugenio J
Meets TTH 200pm-330pm UTC 3.112
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NEWLY EMERGING PROBLEMS IN BUSINESS AND THE APPROACHES USED FOR STRUCTURING, ANALYZING, AND TREATING THEM.

PREREQUISITE: ECONOMICS 420K WITH A GRADE OF AT LEAST C-.

In this course we will consider how we can use economic principles to analyze actual business problems. We will use a number of business cases to illustrate how classic economic models can be used to understand current business issues, as well as how we can augment simple models to deal with complex business situations. The course is not meant to be a comprehensive cookbook of applications of economics to business problems. The purpose is rather to give students the opportunity to practice making logical economic arguments in the context of examples from the real business world.

ECO 354K • Introductory Game Theory

33650 • Bhaskar, V.
Meets MW 930am-1100am BRB 2.136
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INTRODUCTION TO THE FORMAL STUDY OF INTERDEPENDENT DECISION MAKING. APPLICATIONS OF GAME THEORY INCLUDE PRICING AND ADVERTISING STRATEGIES, LABOR-MANAGEMENT BARGAINING, AND TARIFF NEGOTIATIONS.

PREREQUISITE: ECONOMICS 420K AND 329 WITH A GRADE OF AT LEAST C- IN EACH.

Contact professor for more information.

ECO 369F • Financial Economics

33655 • Boyarchenko, Svetlana
Meets MW 930am-1100am UTC 3.124
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ECONOMIC ANALYSIS OF THE OPERATION OF FINANCIAL MARKETS, INCLUDING ARBITRAGE THEORY, ASSET PRICING, AND CORPORATE FINANCE.

PREREQUISITE: ECONOMICS 420K, 320L, AND 329 WITH A GRADE OF AT LEAST C- IN EACH; ECONOMICS 322 IS RECOMMENDED.

The course covers the general principles of financial economics and lays out the foundation for more specialized courses to be taken in the future. It is built around the foundations of financial economics? the time value of money, asset valuation and risk management. The course specifically deals with optimization over time, discounted cash flow analysis, asset valuation, futures markets, portfolio theory, options pricing, options strategies and capital structure. An emphasis is put on the application of these financial concepts to decisions faced by households and firms.

ECO 376M • Personnel Economics

33659 • Oettinger, Gerald S
Meets MW 1230pm-200pm BRB 1.118
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Prerequisite: Economics 420K with a grade of at least C-.

Course number may be repeated for credit when the topics vary.

Economics 376M is a course in personnel economics. We will use economic theory to analyze how profit-maximizing firms make decisions involving human resources. Among the topics to be covered are the following: Neoclassical labor demand theory Recruiting, hiring, and job design Training and investment in workers' human capital Compensation, promotion, and provision of incentives Nonwage job attributes and fringe benefits The first unit of the course, covering neoclassical labor demand theory, will use tools familiar from ECO 420K to analyze how firms determine the number and mix of workers to use in production. In this unit of the course, we will assume that labor markets are perfectly competitive and all agents have perfect information. In much of the rest of the course, we will relax these assumptions. For example, to understand firms' recruiting behavior, we will consider models in which workers have private information about their ability or in which it takes time for firms to locate workers who are good matches with the firm. To understand the consequences of firm-provided training, we will consider models in which a worker's productivity at the current firm grows with job seniority. And to understand how compensation methods and promotion ladders can provide work incentives, we will consider models in which firms cannot observe workers' choices of effort. This course is a writing component course and therefore a large proportion of your course grade will be determined by your performance on various writing assignments.

ECO 378H • Honors Tutorial Course I

33660
Meets
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SUPERVISED INDIVIDUAL READING, RESEARCH, AND WRITING OF A SUBSTANTIAL PAPER ON A SPECIAL TOPIC IN THE FIELD OF ECONOMICS.

PREREQUISITE: UPPER-DIVISION STANDING, ADMISSION TO THE ECONOMICS HONORS PROGRAM, AND CONSENT OF THE HONORS ADVISER.

MAY BE COUNTED TOWARD THE INDEPENDENT INQUIRY FLAG REQUIREMENT.

Hour(s) to be arranged. Restricted enrollment; contact the department for permission to register for this class.

ECO 379C • Individual Conference Course

33665
Meets
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SUPERVISED INDIVIDUAL STUDY OF SELECTED PROBLEMS IN ECONOMICS. MAY NOT BE COUNTED TOWARD THE TWENTY-FOUR SEMESTER HOURS IN ECONOMICS REQUIRED FOR THE MAJOR IN ECONOMICS.

PREREQUISITE: UPPER-DIVISION STANDING AND CONSENT OF INSTRUCTOR. STUDENTS SHOULD ORDINARILY HAVE COMPLETED SIX SEMESTER HOURS OF UPPER-DIVISION COURSEWORK IN ECONOMICS AND COURSEWORK WITH SUPERVISING INSTRUCTOR.

MAY BE COUNTED TOWARD THE INDEPENDENT INQUIRY FLAG REQUIREMENT.

HOUR(S) TO BE ARRANGED. RESTRICTED ENROLLMENT; CONTACT THE DEPARTMENT FOR PERMISSION TO REGISTER FOR THIS CLASS. MAY BE REPEATED FOR CREDIT.

ECO 379H • Honors Tutorial Course II

33670
Meets
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SUPERVISED INDIVIDUAL READING, RESEARCH, AND WRITING OF A SUBSTANTIAL PAPER ON A SPECIAL TOPIC IN THE FIELD OF ECONOMICS.

PREREQUISITE: ECONOMICS 378H.

MAY BE COUNTED TOWARD THE INDEPENDENT INQUIRY FLAG REQUIREMENT.

CONTAINS A SUBSTANTIAL WRITING COMPONENT AND FULFILLS PART OF THE BASIC EDUCATION REQUIREMENT IN WRITING.

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