Studies demand and supply, consumer behavior, the theory of business enterprise, the operation of competitive and monopolistic markets, and the forces determining income distribution. A full introduction to economic principles warrants completion of both ECON 2010 and 2020. Students planning to take both semesters of economic principles are advised to take ECON 2010 first, though this is not required. The department recommends ECON 2010 to students intending to take only one semester of principles.

Studies the determinants of aggregate economic activity, the effects of monetary and fiscal policy upon national income, and economic policy toward unemployment and inflation. A full introduction to economic principles warrants completion of both ECON 2010 and 2020. Students planning to take both semesters of economic principles are advised to take ECON 2010 first, though this is not required. The department recommends ECON 2010 to students intending to take only one semester of principles.

Surveys American economic history from colonial origins to the present. Cross-listed as HIUS 2061.

This course is an introduction to the economic analysis of gender in labor markets. Students will learn about economic approaches to understanding and examining gender differences in workplace outcomes such as pay gaps and occupational segregation. No prior coursework in economics is required.

Studies the theory of prices and markets; includes an analysis of the forces determining the allocation of economic resources in a market economy. Credit is not given for both ECON 3010 and 3110. Prerequisite: ECON 2010 and one of the following: MATH 1220, MATH 1320, APMA 1110.

Studies macroeconomic theory and policy; includes an analysis of the forces determining employment, income, and the price level. Prerequisite: ECON 2020 and 3010 or 3110, or instructor permission.

Studies the role of money in the economic system, with emphasis on monetary policy and theory. Prerequisite: ECON 2020.

Covers the same topics as ECON 3010 using differential calculus through constrained maximization of functions of several variables. Credit is not given for both ECON 3010 and 3110. Prerequisite: ECON 2010 and two semesters of calculus.

Sustainability addresses how we manage the environment and share limited, valuable natural resources across time and space. The lens of microeconomics helps us understand why we have environmental problems and how we can solve them. Economics provides valuable tools for solving problems with pollution, over-exploitation of resources, loss of biological diversity and, of course, global warming. Prerequisite: ECON 2010 or instructor permission.

New course in the subject of economics.

Guides students in the use and interpretation of economic data, focusing on the most common issues that arise in using economic data, and the methodology for solving these problems. Prerequisite: STAT 2120, STAT 3120, APMA 3110, or APMA 3120

Analyzes the theory of strategically interdependent decision making, with applications to auctions, bargaining, oligopoly, signaling, and strategic voting. Prerequisite: ECON 3010 or 3110, and STAT 2120 or equivalent

Studies government regulation and control of business through public policies designed to promote workable competition. Prerequisite: ECON 3010. or ECON 3110

Studies the nature and determinants of international trade and factor movements; the effects of international trade on prices of goods and factors; the consequences of tariffs, quotas, customs unions, and other trade policies and agreements, national or international; and international trade and the balance of payments. ECON 3010 or 3110 AND ECON 3720 or ECON 4720 or STAT 3220

Studies fixed and floating exchange rate systems. Topics include determinants of a nation's balance of international payments; macroeconomic interdependence of nations under various exchange-rate regimes and its implications for domestic stabilization policies; and the international coordination of monetary and stabilization policies. Prerequisite: ECON 3020.

Studies politics using economic analysis. Topics include the theory of voting rules, regulation, taxation, and interest groups; the growth of government; and the design of constitutions. Prerequisite: ECON 3010.

Studies the justifications for government activities, the design of programs consistent with these justifications, the effects of major existing and proposed expenditure programs and taxes, and positive and normative analyses of political systems. Prerequisite: ECON 3010 or 3110.

Studies the theory and operation of financial markets and the role of financial assets and institutions in the economic decisions of individuals, firms, and governments. Prerequisite: ECON 3010 or 3110, 3030, and STAT 2120 or equivalent. .

Analyzes the theory of financing corporate operations and corporate decisions regarding the allocation of capital among alternative projects; includes the nature of financial instruments and the behavior of capital markets. Prerequisite: ECON 3010 or 3110, 3030, and STAT 2120 or equivalent.

Study the role and the importance of the financial system in the global economy. Construct general equilibrium models that encompass the financial markets as well as the rest of the economy. These models will be used to understand the recent subprime crisis, the European sovereign debt crisis, and many market phenomena such as extreme volatility and contagion. Prerequisites: ECON 3010 or 3110 (ECON 3020 is recommended).

Comparative study of the historical development of selected advanced economies (e.g., the United States, England, Japan, continental Europe). The nations covered vary with instructor. Prerequisite: ECON 3020, or ECON 2010 and 2020 and instructor permission.

Economic analysis of the growth of income and wealth inequality since 1980, in the United States and around the world. Emphasis on measuring inequality, understanding the causes of growing inequality, and possible policy responses.

Studies the application of statistical methods to the testing and estimation of economic relationships. Emphasizes applied econometric studies and the problems that arise when analyzing time series and cross section data by means of stochastic linear models. Prerequisite: ECON 3720 or STAT 3120 or STAT 3220 or APMA 3110 or APMA 3120; and MATH 3350 or MATH 3351 or APMA 3080.

Explores the use of laboratory methods to study economic behavior. Topics include experimental design, laboratory technique, financial incentives, and analysis of data. Emphasizes applications: bargaining, auctions, market price competition, market failures, voting, contributions to public goods, lottery choice decisions, and the design of electronic markets for financial assets. Prerequisite: ECON 3010 or 3110 and a course in statistics, or instructor permission.

Required for Distinguished Majors. An introduction to economic research and the writing of a Distinguished Majors thesis. Although the course is intended for Distinguished Majors, other highly motivated and accomplished students may be admitted if space permits. Prerequisite: ECON 3010 or 3110; and either 3720 or 4720 or instructor permission.

Independent study under the direction of a regular faculty member. Students may not use this class to obtain academic credit for a summer internship. Prerequisite: GPA of 3.300 in UVa ECON courses.

Studies topics in univariate and multivariate calculus and linear algebra. Includes applications to the theory of economic statics. Prerequisite: One semester of calculus and one additional semester of college mathematics, or instructor permission.

Studies the theory of consumer and producer choice. Includes partial equilibrium analysis of competitive and imperfectly competitive markets. Prerequisite: Graduate standing or instructor permission.

Introduces macroeconomic theory, emphasizing economic growth and the business cycle. Prerequisite: Graduate standing or instructor permission.

Studies the concepts and basic techniques of probability theory and statistical inference. Prerequisite: Graduate standing or instructor permission.

Introduction to labor economics, including economic aspects of employment, wages, schooling, labor unions, and discrimination. Prerequisite: ECON 7030 and 7720 or instructor permission.

Studies the industrial structure of the economy and its effects on allocation of resources. Prerequisite: ECON 7030 or instructor permission.

Studies the theory of international trade and analysis of the economic effects of tariffs, quotas, and other departures from free trade. Prerequisite: ECON 7030 or instructor permission.

Topics include the balance of payments, long-term and short-term capital movements, the international money market, international monetary standards, international equilibrium and the mechanism of adjustment, exchange variations, and the objectives of international monetary policies. Prerequisite: ECON 7020 or instructor permission.

Topics include the justifications for government activities; principles of program analysis; illustrative theoretical and empirical analysis of expenditure programs; and theories of political processes. Prerequisite: ECON 7030 or instructor permission.

Advanced study of selected topics in macro and monetary economics, with an emphasis on empirical methods. Prerequisite: ECON 7040 or instructor permission.

Studies current research in applied microeconomics. Prerequisite: Third-year status or instructor permission.

Studies current research in macroeconomics. Prerequisite: Third-year status or instructor permission.

Current research in International Trade. Prerequisite: Third-year status or instructor permission.

Studies current research in public economics. Prerequisite: Third-year status or instructor permission.

Studies current research in econometrics. Prerequisite: Third-year status or instructor permission.

Current research in Industrial Organization. Third-year status or permission of instructor.

Current research in Global Economic Development. Third-year status or permission of instructor.

Studies the issues related to economic development, emphasizing endogenous growth models. Topics include human capital, R & D, learning by doing, fiscal policy, trade, and financial development. Prerequisite: ECON 7040 or instructor permission.

Studies econometric tools for the analysis of cross-section and qualitative data. Prerequisite: ECON 7720 or instructor permission.

The course focuses on developing research ideas into a formal paper. Students work in small groups with the instructor, completing writing assignments that form the body of a scholarly paper and offering critical evaluations of other students' assignments. Prerequisite: Third-year status or instructor permission.

Reading and/or other work for PhD students in particular fields under supervision of an instructor.

For master's research, taken before a thesis director has been selected.

For master's thesis, taken under the supervision of a thesis director.

For doctoral research, to be taken only in the first semester after passing a field exam, and before a dissertation director has been selected.

For doctoral dissertation, taken under the supervision of the first reader or prospective first reader.