Economics

  • GRS EC 744: Economic Dynamics
    Graduate 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
    Graduate Prerequisites: GRS EC 704; or consent of instructor.
    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
    Graduate Prerequisites: consent of instructor.
    In addition to GRS EC 752, this course prepares students to do research in labor economics. Topics include labor supply and demand, human capital, education, job search, wage determination, unemployment, immigration, family and gender, and discrimination. Sequence may be taken in either order.
  • GRS EC 752: Topics in Labor Economics 2
    Graduate Prerequisites: consent of instructor.
    In addition to GRS EC 751, this course prepares students to do research in labor economics. Topics include labor supply and demand, human capital, education, job search, wage determination, unemployment, immigration, family and gender, and discrimination. Sequence may be taken in either order.
  • GRS EC 761: Public Finance
    Graduate 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
    Graduate Prerequisites: GRS EC 701; 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 1
    Graduate Prerequisites: consent of instructor.
    First half of two-semester PhD sequence. Topics generally selected from: history of public debt, state finance, and monetary policy; the Industrial Revolution; urbanization; transportation and trade; institutions and long-run performance; the Great Depression.
  • GRS EC 765: Topics in Economic History 2
    Graduate Prerequisites: consent of instructor.
    Second half of two-semester PhD sequence. Topics generally selected from: agricultural and environmental economic history; manufacturing; demographic change; the female labor force; labor mobility; inequality; business organization and performance.
  • GRS EC 781: Health Economics 1
    Graduate Prerequisites: GRS EC 701; or consent of instructor.
    Basic issues in the health market: risk aversion, moral hazard, adverse selection, provider payment, physician-patient interaction, health plans, managed care, imperfect and quality competition, and laboratory and field experiments. Theoretical approach complements industrial organization and GRS EC 782.
  • GRS EC 782: Health Economics 2
    Graduate Prerequisites: GRS EC 707; or consent of instructor.
    Applies theory and econometrics to health topics, including demand and supply, imperfect information, plan-level competition, provider payment, risk adjustment, big data sets, behavioral economics, altruism and health care systems in developed and developing countries. Complements GRS EC 781.
  • GRS EC 791: International Trade
    Graduate Prerequisites: GRS EC 701; or consent of instructor.
    Theories and empirical analysis of international trade. Comparative advantage-based neoclassical theory and new trade theory. Quantitative heterogeneous firms models. Empirics of firm-level trade patterns. Multinational production and other forms of globalization: vertical specialization, outsourcing, offshoring.
  • GRS EC 792: International Finance
    Graduate Prerequisites: consent of instructor (GRS EC 712 recommended).
    Theory and empirical analysis of problems in open economy macroeconomics and finance. Topics include dynamic macroeconomic models of open economies; international asset pricing; models of exchange rate determination; international risk sharing; sovereign debt and default.
  • GRS EC 794: Financial Econometrics
    Graduate Prerequisites: GRS EC 712; or consent of instructor.
    Presents econometric theory and methods for the analysis of financial markets. Topics include cross section and time series properties of asset returns, parametric and nonparametric volatility measurement, implied volatility, estimation of asset pricing models, continuous time models, systemic risk, and model uncertainty.
  • GRS EC 798: Global Development Capstone
    Graduate Prerequisites: at least 12 credits toward the Global Development Policy MA or the Global Development Economics MA.
    (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 Applied Microeconomics 1
    Graduate 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 1
    Graduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.
  • GRS EC 903: Dissertation Workshop in Applied Microeconomics 2
    Graduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.
  • GRS EC 904: Dissertation Workshop in Applied Microeconomics 2
    Graduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.
  • GRS EC 911: Dissertation Workshop in Econometrics 1
    Graduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.
  • GRS EC 912: Dissertation Workshop in Econometrics 2
    Graduate Prerequisites: completion of PhD qualifying examinations.
    Presentation and discussion of dissertation topics and work in progress.