Economics

  • GRS EC 744: Economic Dynamics
    Undergraduate Prerequisites: consent of instructor.
    Introduces the theory and application of dynamicoptimization and equilibrium analysis, with emphasis on computational methods and techniques. Covers discrete and continuous time models in both deterministic and stochastic environments.
  • GRS EC 745: Macroeconomics and Financial Markets
    Undergraduate Prerequisites: GRS EC 704.
    For second- and third-year PhD students. Topics and approaches combine macroeconomics and finance, with an emphasis on developing and testing theories that involve linkages between financial markets and the macro economy.
  • GRS EC 751: Topics in Labor Economics 1
    Undergraduate Prerequisites: consent of instructor.
    A survey course that combines an examination of all the major fields in labor market analysis with a comprehensive treatment of methodological topics. Designed to provide the tools necessary to begin a thesis in the field. Topics covered in depth include unemployment, wage setting models, human capital models, and labor mobility.
  • GRS EC 752: Topics in Labor Economics 2
    Undergraduate Prerequisites: GRS EC 701; and consent of instructor.
    Considers models that explain the origins and persistence of differences in incomes between individuals, groups, and regions. Draws on literatures in applied microeconomic theory, labor economics, development economics, public finance, and social choice theory. Discusses topics at the juncture of economics and sociology that bear on the theme of inequality.
  • GRS EC 761: Public Finance
    Undergraduate Prerequisites: GRS EC 701; or consent of instructor.
    The theory of excess burden; optimal taxation; static, dynamic, and interegional tax incidence; public goods; externalities; corporate taxation; dynamic fiscal policy; and cost-benefit analysis. Extensive use of calculus.
  • GRS EC 762: Topics in Applied Public Finance
    Undergraduate Prerequisites: GRS EC 701 and GRS EC 702; or consent of instructor.
    Theory and practice of benefit-cost analysis and other similar techniques for evaluating investment projects. Emphasis on sources of divergence between public and private investment decisions through the estimation of shadow prices in a context of market distortions and disequilibrium. Case studies applying theoretical approach.
  • GRS EC 764: Topics in Economic History I
    Undergraduate Prerequisites: GRS EC 701 and GRS EC 702; or consent of instructor.
    First half of two-semester PhD sequence. Focus is on microeconomic topics: agriculture, manufacturing, transportation, health and mortality, labor mobility, education, inequality, and business organization.
  • GRS EC 765: Topics in Economic History II
    Undergraduate Prerequisites: GRS EC 701 and GRS EC 702; or consent of instructor.
    Second half of two-semester PhD sequence. Focus is on macroeconomic topics: long run growth, the Industrial Revolution, demographic change, institutions, urbanization, trade, financial markets, the growth of government, and macroeconomic volatility.
  • GRS EC 781: Health Economics
    Undergraduate Prerequisites: GRS EC 701.
    Concepts of health economics to both developed and developing countries. Topics include: effect of health on the economy, effect of applicable health care on health, hospital behavior, health manpower supply, demand for health care.
  • GRS EC 782: Health Economics in Developing Countries
    Undergraduate Prerequisites: GRS EC 701 and GRS EC 708; or consent of instructor.
    Issues in allocation of resources to and within the health sector in a developing country. Economics analysis of rural primary health care, hospital care, drug supply, public health and nutrition programs. Student projects on specific developing country topic of their choice.
  • GRS EC 791: International Trade
    Undergraduate Prerequisites: GRS EC 701; and consent of instructor.
    Pure theory of international trade. Analysis of various models that determine comparative advantage. Welfare effects of trade. Emphasis is placed on the use of formal models to analyze tariffs, quotas, and subsidies. Analysis of trade under various competitive frameworks.
  • GRS EC 792: International Finance
    Undergraduate Prerequisites: GRS EC 791; or consent of instructor.
    Extension of important topics introduced in GRS EC 791; gains from trade and balance-of-payment adjustment approach to the balance of payment; theorems in the pure theory of trade.
  • GRS EC 794: Financial Econometrics
    Undergraduate Prerequisites: GRS EC 712; or consent of instructor.
    For PhD students working in the area of econometrics, finance, and applied macroeconomics. Topics include prediction of asset returns, financial volatility, asset allocation, value at risk, and high frequency data analysis.
  • GRS EC 798: Global Development Capstone
    Graduate Prerequisites: at least 12 credits toward the MA in Global Development Policy or theMA in Global Development Economics.
    (Meets with GRS GE 798 and IR 798.) Capstone course for MA students in Global Development Policy and Global Development Economics. Students, working in groups, design and carry out an interdisciplinary policy analysis comparable to those performed for a government or nonprofit agency.
  • GRS EC 901: Dissertation Workshop in Macro and Monetary Economics
    Undergraduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.
  • GRS EC 902: Dissertation Workshop in Macro and Monetary Economics
    Undergraduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.
  • GRS EC 903: Dissertation Workshop in Applied Microeconomics
    Undergraduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.
  • GRS EC 904: Dissertation Workshop in Applied Microeconomics
    Undergraduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.
  • GRS EC 911: Dissertation Workshop in Econometrics 1
    Undergraduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.
  • GRS EC 912: Dissertation Workshop in Econometrics 2
    Undergraduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.