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3.47
3.30
3.27
Fall 2025
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.
3.39
3.33
3.16
Spring 2026
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
3.33
3.33
3.51
Fall 2025
Studies the peculiar problems of economics in underdeveloped countries, including government and market failures. Examines factors underlying poverty, hunger, illiteracy, and corruption in developing countries, and the scope for (rigorously evaluated) policies to improve these conditions. Prerequisite: ECON 2010 and ECON 3720 (or 4720 or STAT 3220 or equivalent). ECON 2020 and ECON 3010/3110 are helpful but not required.
3.22
3.34
3.20
Spring 2026
Studies the role of money in the economic system, with emphasis on monetary policy and theory. Prerequisite: ECON 2020.
3.47
3.44
3.24
Fall 2025
Studies market structure, firm strategy, and market performance. Topics include strategic interactions among firms, as well as business practices such as mergers and acquisitions, price discrimination, advertising, product selection, innovation, vertical restraints, cartels, and exclusionary conduct. Prerequisite: ECON 3010 or 3110.
2.68
3.47
3.19
Spring 2026
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.
3.29
3.88
3.53
Fall 2025
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).
2.94
3.97
3.00
Spring 2026
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
3.21
4.00
3.02
Spring 2026
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 1210, MATH 1190, MATH 1310, orĀ APMA 1090.
5.00
4.00
3.84
Summer 2025
Students will learn the mathematical tools economists use to model and analyze dynamic economic problems. Topics include transitional dynamics, optimal control theory and recursive dynamic programming. I will show you how to solve economic problems such as consumption/savings, investment and capital accumulation, optimal growth, industry dynamics, job search, portfolio choice, natural resource extraction, and dynamic games.
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