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.

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

The goal is to provoke discussion, with differing viewpoints put forward, and lead students to analyze major economic problems as economists might do. The course will center upon resource-scarce issues: e.g. in a low-income country that provides little public education, what would you do first, and what would you do last? There will also be discussion about current global macroeconomic trends, including inflation, debt, and economic growth.

The course will use classroom simulations and lab reports to help students discover insights about economic behavior and policies. Each weekly topic is structured around an important economic principle, which is presented in the context of an "experiment" involving a sequence of decisions in a simulated game or market. After participating in the simulation, students complete a lab report.

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.

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.