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).

Course deals with theories explaining the nature of advertising, and evaluates market performance in this industry, using Game Theory and Oligopoly Theory. Calculus will be used extensively. Prerequisite: ECON 3010 or ECON 3110.

Explores the origins of environmental problems, how to measure the value of environmental amenities, and the efficacy of specific forms of regulation, including mandated technologies, taxes, subsidies, and pollution permit trading. Topics include air and water pollution, climate change, the transition from fossil fuels to renewable energy sources, and sustainable development. Prerequisite: ECON 3010 or 3110.

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.

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.