Economics
Economics is the study of how people make decisions and use scarce resources; how people respond to incentives; and how productive activity is coordinated. Economics often involves topics like money and finance, but it’s not all about money. Economics is a broad discipline that helps us understand historical trends, interpret today’s headlines, and make predictions about the coming years. Economics equips students to analyze a range of economic, social, political, and legal phenomena and public policy. The study of market regulation, economic growth, international trade, income distribution, and employment and inflation are the stock in trade of economics. But economists also analyze a broader set of issues, including the nature of the family, the origins of civilizations, discrimination, crime, public health, and the structures of law and politics. Economists have all kinds of jobs, such as government advisors, consultants, and jobs in the private sector. Using theoretical models and empirical data, they evaluate programs, study human behavior, and explain social phenomena. Their contributions inform everything from public policy to household decisions. Economics intersects many disciplines. Its applications include health, law, gender, the environment, education, and immigration. Economics provides a versatile background for postgraduate training and a range of professional careers. Economics offers a framework for the analysis of rules of liability, contracts, and property rights and thus undergirds much of the modern study of law. Economics also contains the theoretical core for business, finance, accounting, and marketing and thus provides a solid foundation for postgraduate work in business. Economics teaches tools for strategic thinking and empirical analysis that can help you become a successful entrepreneur. Most public policy issues, including issues in public health, have a strong economic dimension, and many private-sector job opportunities are available for economics majors in banking, brokerage, law, and technology companies.
Concentrations
Faculty
- Chair
- Hashem Dezhbakhsh
- Director of Undergraduate Studies
- Hugo Mialon
- Core
- Maria ArbatskayaMusa AyarMelvin AyoguShomu BanerjeeGregory BernsC. Monica CapraKaiji ChenIn Koo ChoHashem DezhbakhshZheng FangDaniel FershtmanCaroline FohlinJillian GrennanMatthew GrennanFlorian GunsiliusChristopher HansmanStefan HoderleinDavid Jacho-ChavezMargaret JonesKrzysztof KarbownikJong KimKyungmin (Teddy) KimKelli LanierNelson LindEsfandiar MaasoumiSara MarkowitzIan McCarthyDavid McMillonHugo MialonSue MialonPaloma MoyanoHau NguyenStephen O'ConnellElena PesaventoJuan Rubio RamirezAlexis TodaPedro H. Sant'AnnaYuki WangSam WunderlyVivian Zhanwei YueTao Zha
Courses
ECON 100-Level Courses
Introduction to the theory of markets, including consumer and producer choice and how they interact to determine prices and resource allocations. Applications include price controls, production, market structures, environmental economics, governmental regulation of the economy, labor and capital markets, and international exchange.
- Credit Hours
- 3
- GER
- SS
- Requisites
- None
- Cross-Listed
- None
Covers current debates on the workings of the aggregate economy, including unemployment, inflation, economic growth, the national debt, financial markets, money and the banking system, and international trade.
- Credit Hours
- 3
- GER
- SS
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Open only to students with freshman standing. Topics and prerequisites vary; consult the Course Atlas.
- Credit Hours
- 3
- GER
- FS
- Requisites
- None
- Cross-Listed
- None
ECON 200-Level Courses
Theories of the household and of the business firm and their implications for the demand and supply of final products and productive factors and for the distribution of income.
- Credit Hours
- 4
- GER
- SS
- Requisites
- (ECON 101 or BUS 201) and (MATH 111 or MATH_OX 111 or MATH_OX 119 or MATH 116 or MATH_OX 180 or MATH_OX 110B or MATH 112 or MATH 112Z or MATH_OX 112 or MATH_OX 112Z) or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
Determination of national income, employment, and the price level; business fluctuations; and international monetary issues.
- Credit Hours
- 3
- GER
- SS
- Requisites
- This course requires ECON_OX 100 or ECON 101 or BUS 201 AND ECON 112 or ECON _OX112 AND MATH 111,or MATH OX 111 MATH 119 or MATH 115 or MATH 116 or MATH_OX 180 or MATH_OX 110A/B or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Introduction to the role of various financial markets in an economy. Topics include the stock market, bonds, futures, options, and other derivative assets.
- Credit Hours
- 3
- GER
- SS
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Methods of collection, classification, analysis, and interpretation of economic data; measures of central tendency and dispersion; probability; estimation; hypothesis testing; regression analysis.
- Credit Hours
- 4
- GER
- QR
- Requisites
- (ECON 101 or BUS 201) and (MATH 111 or MATH_OX 111 or MATH_OX 119 or MATH 116 or MATH_OX 180 or MATH_OX 110B or MATH 112 or MATH 112Z or MATH_OX 112 or MATH_OX 112Z) or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
An introduction to international trade, capital flows, and finance. Topics include the impact of public policy decisions concerning protectionism, balance of payments, and foreign exchange markets on economic activities.
- Credit Hours
- 3
- GER
- SS
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Scheduled as needed. Variable credit; maximum credit, eight hours. An introduction to selected topics in economics. May be repeated for credit when topic varies.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON_OX 100 or ECON_OX 101 or ECON 101 BUS 201 and ECON 112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
ECON 300-Level Courses
Applies microeconomic theory to both market and non-market phenomena, including crime, sports, family, and sexuality. Explores facts and trends, theoretical and empirical studies, and the role of public policy.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Applies microeconomic theory to both market and non-market phenomena, including crime, sports, family, and sexuality. Explores facts and trends, theoretical and empirical studies, and the role of public policy. (May be taught as a post-freshman writing requirement)
- Credit Hours
- 4
- GER
- HSCW
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Economic analysis and public policy. Discussion of selected issues such as the economics of discrimination, environment, medical care, cultural arts, education, and social responsibility of business.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Economic analysis and public policy. Discussion of selected issues such as the economics of discrimination, environment, medical care, cultural arts, education, and social responsibility of business.
- Credit Hours
- 4
- GER
- HSCW
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This course covers the new and growing field of experimental economics. The term experimental economics refers to the use of the laboratory for the purpose of studying specific research questions in economics. Experiments in economics are similar in spirit to those in psychology, physics, chemistry, or biology.
- Credit Hours
- 3
- GER
- XA
- Requisites
- This course requires ECON _OX 100 or ECON 101 or ECON_OX 101 or FIN 201 AND ECON 112 or ECON_OX112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This course is intended to provide an introduction to the application of psychological insights into economic models of behavior. This course will discuss the limitations of traditional economic models and will present models that are psychologically more realistic.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON _OX 100 or ECON 101 or ECON_OX 101 or FIN 201 AND ECON 112 or ECON_OX112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Introduction to construction and testing of econometric models; analysis and critique of general linear regression model; simultaneous equations models; computer program for regression analysis; applications.
- Credit Hours
- 4
- GER
- MQR
- Requisites
- (ECON 101 or ECON_OX 101 or BUS 201) and (ECON 112 or ECON_OX 112) and (ECON 220 or MATH 207 or MATH_OX 207 or MATH 361 or MATH 362) or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Prerequisite: Economics 101. Contemporary public policy toward collective bargaining. The process of collective bargaining and administration of labor agreements, including organizing, grievance procedures, and arbitration.
- Credit Hours
- 3
- GER
- None
- Requisites
- ECON 101 or ECON_OX 101 or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
We introduce the workings of financial markets and institutions. We examine several types of financial instruments, their markets, and the roles of investment banks, security brokers, hedge funds, and venture capital firms. We will learn about financial cycles and regulation of financial markets.
- Credit Hours
- 3
- GER
- None
- Requisites
- (ECON 112 or ECON_OX 112) and (ECON 220 or ECON_OX 220 or MATH 361) or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
Government implementation, regulation, and control of business enterprises, excluding banks and insurance companies.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- This course requires ECON _OX 100 or ECON 101 or ECON_OX 101 or FIN 201 AND ECON 112 or ECON_OX112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Investigate the limitations behind traditional approaches to racial discrimination in economics; explore the history of anti-Black racism in the US and its economic consequences, and consider how understanding of systemic racism could lead to pragmatic policy solutions to racial inequities.
- Credit Hours
- 3
- GER
- ETHN
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
This course is a systematic and empirical journey through the economic, political and governance landscapes of Europe, Middle East and North Africa through a comparative assessment of the evolution of state institutions and markets.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- None
- Cross-Listed
- MESAS 353
- AFS 353
This course is a systematic and empirical journey through the economic, political and governance landscapes of Europe, Middle East and North Africa through a comparative assessment of the evolution of state institutions and markets.
- Credit Hours
- 4
- GER
- HSCW
- Requisites
- None
- Cross-Listed
- MESAS 353W
- AFS 353W
Economic history of the American South from the colonial era to the present. Topics include the development of the antebellum economy, Reconstruction, and the twentieth-century resurgence of the Southern economy.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- HIST 355
Economic history of the American South from the colonial era to the present. Topics include the development of the antebellum economy, Reconstruction, and the twentieth-century resurgence of the Southern economy.
- Credit Hours
- 4
- GER
- HSCW
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- HIST 355W
Examines the post-1800 development of industrial America. Topics covered include the rise of manufacturing, banking, the labor movement, agriculture, and foreign trade. Special attention is paid to the role of the government sector in the economy.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- HIST 356
The course introduces theories of economic growth and development. Topics of poverty, inequality, population growth, education, and human capital in developing countries are discussed. Policies and development strategies as well as the roles of market, government, and civil society are considered. .
- Credit Hours
- 3
- GER
- HSC
- Requisites
- This course requires ECON _OX 100 or ECON 101 or ECON_OX 101 or FIN 201 AND ECON 112 or ECON_OX112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This course covers the economic and political systems in the People's Republic of China. It first presents a history of their coevolution, and then examines different sectors in depth, including the opportunities and challenges involved, for Chinese leadership, people, and the world.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- (ECON 101 or ECON_OX 101) and (ECON 112 or ECON_OX 112) or equivalent transfer credit as prerequisite.
- Cross-Listed
- EAS 373
- CHN 363
Analysis of the evolution of economic development and underdevelopment in Latin America; and application of development paradigms to country-specific examples.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- This course requires ECON _OX 100 or ECON 101 or ECON_OX 101 or FIN 201 AND ECON 112 or ECON_OX112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Introduction to the economics of natural resources and the environment. The course will focus on major resource and environmental problems and their economic solutions.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This course is designed to provide students the opportunity to explore issues in economic development viewed from the perspective of sub-Saharan Africa from the impact of slavery and colonialism to the modern era of globalization.
- Credit Hours
- 3
- GER
- HSC
- Requisites
- This course requires ECON _OX 100 or ECON 101 or ECON_OX 101 or FIN 201 AND ECON 112 or ECON_OX112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- AFS 366
This course is designed to provide students the opportunity to explore issues in economic development viewed from the perspective of sub-Saharan Africa from the impact of slavery and colonialism to the modern era of globalization.
- Credit Hours
- 4
- GER
- HSCW
- Requisites
- This course requires ECON _OX 100 or ECON 101 or ECON_OX 101 or FIN 201 AND ECON 112 or ECON_OX112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- AFS 366W
An introduction to the application of the theories and principles of microeconomics to issues in health care. Increase understanding of microeconomic theory and the basic structure of health care delivery and health care financing in the United States and other countries.
- Credit Hours
- 3
- GER
- None
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
This course exams the role of the government in health and health insurance. We will examine the theoretical reasons for government intervention in health and health insurance, the related empirical evidence, how government has intervened, and the effects.
- Credit Hours
- 3
- GER
- None
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This course exams the role of the government in health and health insurance. We will examine the theoretical reasons for government intervention in health and health insurance, the related empirical evidence, how government has intervened, and the effects.
- Credit Hours
- 4
- GER
- CW
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This course uses quantitative methods (graphical analysis, algebra, data analysis) to examine economic questions related to health, disease, in both developed and developing countries from the standpoint of applied economics.
- Credit Hours
- 3
- GER
- None
- Requisites
- ECON 101 or ECON_OX 101 or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
Selected topics in Economics. May be repeated for credit when topic varies.
- Credit Hours
- 1 - 4
- GER
- None
- Requisites
- This course requires ECON _OX 100 or ECON 101 or ECON_OX 101 or FIN 201 AND ECON 112 or ECON_OX112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Selected topics in Economics. May be repeated for credit when topic varies.
- Credit Hours
- 1 - 5
- GER
- CW
- Requisites
- This course requires ECON _OX 100 or ECON 101 or ECON_OX 101 or FIN 201 AND ECON 112 or ECON_OX112 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
An in-depth examination of selected topics in economics. May be repeated for credit when topic varies.
- Credit Hours
- 3
- GER
- None
- Requisites
- None
- Cross-Listed
- None
An in-depth examination of selected topics in economics. May be repeated for credit when topic varies.
- Credit Hours
- 4
- GER
- CW
- Requisites
- None
- Cross-Listed
- None
The study of Britain's contribution to the understanding of Economics, and its own economic system through organized talks, site visits, career and networking opportunities in London, England.
- Credit Hours
- 2
- GER
- None
- Requisites
- (ECON 101 or ECON_OX 101) and (ECON 112 or ECON_OX 112) or equivalent transfer credit as prerequisites.
- Cross-Listed
- None
Credit, up to sixteen semester hours. Prerequisite: nomination by department. Intensive examination of the policy making process in Washington, particularly as it relates to economic policy. Students must apply early in the semester preceding the one in which they intend to participate.
- Credit Hours
- 1 - 16
- GER
- None
- Requisites
- None
- Cross-Listed
- None
Up to three semester hours credit. For approval, a topic must be selected that is not included in a course to be offered before the student would normally graduate; a faculty adviser from among the full-time faculty must agree to supervise the study program, and a written description of the program must be submitted to and approved by the director of undergraduate studies in the semester preceding the one in which the student intends to participate.
- Credit Hours
- 1 - 3
- GER
- None
- Requisites
- ECON 101 or ECON_OX 101 or FIN 201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
ECON 400-Level Courses
Applies economic analysis and methods to business problems, using elementary level linear programming, input/output analysis, and game theory. Traditional topics in managerial economics, such as cost and demand analysis, capital budgeting, and cost-benefit analysis.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
The competitiveness of markets related to observable firm and product characteristics. Market competition related to measures of performance, such as profitability, research and development spending, advertising, and growth. Applications to antitrust law.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 AND ECON 220 or MATH 207 or MATH_OX207 or MATH 361 or MATH 362 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
The course covers the microeconomic foundations of macroeconomics, the theoretical and empirical analysis of general equilibrium, and optimal monetary and fiscal policies.
- Credit Hours
- 1 - 4
- GER
- None
- Requisites
- (ECON 201 or ECON_OX 201) and (ECON 212 or ECON_OX 212) or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
The course covers the microeconomic foundations of macroeconomics, the theoretical and empirical analysis of general equilibrium, and optimal monetary and fiscal policies.
- Credit Hours
- 1 - 5
- GER
- CW
- Requisites
- (ECON 201 or ECON_OX 201) and (ECON 212 or ECON_OX 212) or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Economics of money, credit, and banking with emphasis on factors influencing the quantity of money and effects on employment, output, and prices. Economic analysis of financial markets, financial institutions, monetary policy, and inflation.
- Credit Hours
- 3
- GER
- None
- Requisites
- (ECON 201 or ECON_OX 201) and (ECON 212 or ECON_OX 212) or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Economics of money, credit, and banking with emphasis on factors influencing the quantity of money and effects on employment, output, and prices. Economic analysis of financial markets, financial institutions, monetary policy, and inflation.
- Credit Hours
- 4
- GER
- CW
- Requisites
- (ECON 201 or ECON_OX 201) and (ECON 212 or ECON_OX 212) or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This course covers topics in behavioral economics and finance, including quasi-experiments and tests of market efficiency, bounded rationality and household behavior, limit of arbitrage, bubbles and crashes, social interactions, and implications of market inefficiency for corporate behavior.
- Credit Hours
- 3
- GER
- None
- Requisites
- (ECON 101 or ECON_OX 101) and (ECON 112 or ECON_OX 112) and (ECON 201 or ECON_OX 201) or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
Various methodological extensions of the simple linear regression model are covered. These are geared to address discreteness, nonlinearities, heterogeneity, natural experiments, and repeated sampling usually found in microeconomic data.
- Credit Hours
- 3
- GER
- None
- Requisites
- ECON 320 or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
An introduction to Economics Forecasting and Time Series Analysis. The course will cover specifications and estimation of ARMA models, seasonality, non-stationarity, unit roots and forecast evaluations. Empirical applications are used throughout the course.
- Credit Hours
- 3
- GER
- MQR
- Requisites
- ECON 320 or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
An introduction to Economics Forecasting and Time Series Analysis. The course will cover specifications and estimation of ARMA models, seasonality, non-stationarity, unit roots and forecast evaluations. Empirical applications are used throughout the course.
- Credit Hours
- 4
- GER
- MQRW
- Requisites
- ECON 320 or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
This course covers a range of topics in financial and time series econometrics. It provides an introduction to the properties of financial asset returns, stationary and non-stationary time series models, conditional variance models and a review of estimation and inference methods in econometrics.
- Credit Hours
- 3
- GER
- None
- Requisites
- ECON 320 or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
Introduction to the use of calculus in economic analysis; comparative static problem and optimization theory; consideration of the mathematical techniques used in game theory.
- Credit Hours
- 3
- GER
- MQR
- Requisites
- (MATH 211 or MATH_OX 211 or MATH 276) and (ECON 201 or ECON_OX 201) or equivalent transfer credit as prerequisite.
- Cross-Listed
- MATH 425
Describes and analyzes the functioning of labor markets, the supply and demand for labor, and the determination of wages and employment. The effects of unions, institutions, and discrimination on labor markets are also considered.
- Credit Hours
- 3
- GER
- None
- Requisites
- (ECON 201 or ECON_OX 201) and (ECON 220 or ECON_OX 220) or equivalent transfer credit as prerequisites.
- Cross-Listed
- None
Theory of comparative advantage; the impact of trade on welfare and income distribution; economic analysis of trade barriers; and the analysis of international movement of labor and capital.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Analysis of the international financial system and its effect on macroeconomic policies. Determination of exchange rates and their impact on the trade balance. International monetary institutions and proposals for reform.
- Credit Hours
- 3
- GER
- None
- Requisites
- (ECON 201 or ECON_OX 201) and (ECON 212 or ECON_OX 212) or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This course provides an in-depth, technical study of financial markets and investments. We study measures of risk, capital allocation to risky portfolios, optimal portfolios, the capital asset pricing model, indicators of market efficiency, and valuation of various financial instruments.
- Credit Hours
- 3
- GER
- None
- Requisites
- (ECON 112 or ECON_OX 112) and (ECON 201 or ECON_OX 201) and (ECON 220 or ECON_OX 220 or MATH 361) or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
This course provides an in-depth, technical study of financial markets and investments. We study measures of risk, capital allocation to risky portfolios, optimal portfolios, the capital asset pricing model, indicators of market efficiency, and valuation of various financial instruments.
- Credit Hours
- 4
- GER
- CW
- Requisites
- (ECON 112 or ECON_OX 112) and (ECON 201 or ECON_OX 201) and (ECON 220 or ECON_OX 220 or MATH 361) or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
Principles of government finance at the national, state, and local levels. Effects of taxes, public debt policy, and government expenditures on both individual citizens and the economy as a whole.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 112 OR ECON_OX112 AND ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Economic rationale of regulation. Traditional regulation of monopoly and recent advances in regulatory techniques. Regulation of structurally competitive industries and occupations. Environmental, safety, and health regulation. Current issues in regulation-protectionism, rent-seeking, deregulation, and cost-benefit analysis.
- Credit Hours
- 3
- GER
- None
- Requisites
- ECON 201 or ECON_OX 201 or equivalent transfer credit as prerequisite.
- Cross-Listed
- None
Economic analysis of property rights, contracts, torts, and other aspects of the legal system. Legal rules will be viewed as mechanisms for allocating resources, and the efficiency of alternative legal rules is analyzed.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Economic analysis of political decision making and collective action. Surveys theories of aggregating individual preferences through various property-rights and organizational structures to produce collective-choice equilibria and disequilibria, rent seeking; and constitutional construction.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Economic analysis of political decision making and collective action. Surveys theories of aggregating individual preferences through various property-rights and organizational structures to produce collective-choice equilibria and disequilibria, rent seeking; and constitutional construction.
- Credit Hours
- 4
- GER
- CW
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Economic analysis of the urban environment covering such topics as the theories of location, land use, housing, segregation, transportation, local government, and poverty.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Economic analysis of the urban environment covering such topics as the theories of location, land use, housing, segregation, transportation, local government, and poverty.
- Credit Hours
- 4
- GER
- CW
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
The spatial structure of urban real estate and housing markets; government housing and land-use controls; problems of urban transportation and environmental quality; local taxation and public expenditure.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Open to economics majors and minors only. Majors need to obtain permission from their economics advisers. Economics minors obtain permission from the director of undergraduate studies.
- Credit Hours
- 2
- GER
- XA
- Requisites
- This course requires ECON 201 OR ECON_OX201 ECON 212 OR ECON_OX212 AND ECON 220 or MATH 207 or MATH_OX207 or MATH 361 or MATH 362 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
The objective of the course is to introduce the students to the elements of grant writing both in theory and practice. Selection of topic, matching topics with funding, searching funding for research topics are emphasized. Students complete draft proposals possibly resulting in grant proposals.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 AND ECON 212 AND ECON 420 or ECON 422 equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This course develops the theory of resource and environmental economics and applies it to analyze real-world policy issues. It covers the economics of exhaustible and renewable resources and discusses how economic approaches can be used to control externalities and pollution.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
This is a capstone course that combines health economics and human health content with data science. You will complete an empirical research project using raw data and employ econometric methods to analyze a research question relevant to contemporary health care issues and/or health.
- Credit Hours
- 3
- GER
- None
- Requisites
- ECON 320 and (ECON 371 or ECON 372 or ECON 372W or HLTH 370) or equivalent transfer credit as prerequisite.
- Cross-Listed
- HLTH 470
This course introduces students to the use of advanced computer science techniques for the economic analysis of observational data. It covers multi-processing programming for economic policy simulation, web scraping for sentiment analysis, and network data and social interaction models.
- Credit Hours
- 3
- GER
- None
- Requisites
- ECON 320 & CS 334 or equivalent transfer credit as prerequisites.
- Cross-Listed
- CS 480
This course is designed to provide students with an introduction to the field of neuroeconomics. Upon completion of the course, students will have a basic understanding of the tools used to study the neurobiology of decision making.
- Credit Hours
- 3
- GER
- SNT
- Requisites
- This course requires ECON 201 OR NBB 301 and NBB 302 series or equivalent transfer credit as a prerequisite.
- Cross-Listed
- NBB 481
Advanced topics in Economics. May be repeated for credit when topic varies.
- Credit Hours
- 1 - 4
- GER
- None
- Requisites
- None
- Cross-Listed
- None
Advanced topics in Economics. May be repeated for credit when topic varies.
- Credit Hours
- 1 - 5
- GER
- CW
- Requisites
- None
- Cross-Listed
- None
This course develops a conceptual framework for understanding games played in business and in life. The ultimate goal of this course is to enhance the students?? ability to think strategically in interactive situations.
- Credit Hours
- 3
- GER
- None
- Requisites
- This course requires ECON 201 OR ECON_OX201 or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Scheduled as needed. Variable credit; maximum credit: eight hours. Prerequisite: Economics majors who have completed all specifically required courses for the major, or consent of the instructor. Preparation of exercises and reports based on current problems of economic policy; requires use of interpretation and analysis previously acquired in other economics and allied courses. May be repeated for credit when topic varies.
- Credit Hours
- 3
- GER
- None
- Requisites
- None
- Cross-Listed
- None
By invitation only. (Economics 201, 212, and 220 recommended). For seniors majoring in economics who have exhibited exceptional interest and competence in their field. Significant economic issues selected by the department each year and not covered in the regular curriculum; topics in theory, including areas of controversy; significant books; faculty research topics.
- Credit Hours
- 4
- GER
- XA
- Requisites
- None
- Cross-Listed
- None
By invitation only. Preparation of honors research project under supervision of faculty member. Students meet periodically to discuss their projects with other honors candidates and faculty members.
- Credit Hours
- 1 - 8
- GER
- CW
- Requisites
- None
- Cross-Listed
- None
Directed, intensive study using intermediate theory on a topic not covered in a course to be offered before a student would normally graduate. Students must receive departmental permission from the director of undergraduate studies in the semester preceding the one in which the student intends to participate.
- Credit Hours
- 1 - 3
- GER
- None
- Requisites
- (ECON 201 or ECON_OX 201) and (ECON 212 or ECON_OX 212) or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Directed, intensive study using intermediate theory on a topic not covered in a course to be offered before a student would normally graduate. Students must receive departmental permission from the director of undergraduate studies in the semester preceding the one in which the student intends to participate.
- Credit Hours
- 1 - 4
- GER
- CW
- Requisites
- (ECON 201 or ECON_OX 201) and (ECON 212 or ECON_OX 212) or equivalent transfer credit as a prerequisite.
- Cross-Listed
- None
Students will learn the craft of research in economics. Coursework will consist of synthesis of literature; collection, collation, cleaning of data; data analysis, contributing to manuscript preparation, and/or other work related to the sustaining of an academic research project.
- Credit Hours
- 3 - 4
- GER
- XA
- Requisites
- ECON 220 & (ECON 201 or 212)
- Cross-Listed
- None
Students will learn the craft of research in economics. Coursework will consist of synthesis of literature; collection, collation, cleaning of data; data analysis, contributing to manuscript preparation, and/or other work related to the sustaining of an academic research project.
- Credit Hours
- 3 - 5
- GER
- XAW
- Requisites
- ECON 220 & (ECON 201 or 212)
- Cross-Listed
- None