Courses

• GRS EC 761: Public Finance
  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
  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
  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
  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
  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
  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
  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
  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
  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
  (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
  Presentation and discussion of dissertation topics and work in progress.
• GRS EC 902: Dissertation Workshop in Macro and Monetary Economics
  Presentation and discussion of dissertation topics and work in progress.
• GRS EC 903: Dissertation Workshop in Applied Microeconomics
  Presentation and discussion of dissertation topics and work in progress.
• GRS EC 904: Dissertation Workshop in Applied Microeconomics
  Presentation and discussion of dissertation topics and work in progress.
• GRS EC 911: Dissertation Workshop in Econometrics 1
  Presentation and discussion of dissertation topics and work in progress.
• GRS EC 912: Dissertation Workshop in Econometrics 2
  Presentation and discussion of dissertation topics and work in progress.
• GRS EC 915: Dissertation Workshop in Economic Theory 1
  Presentation and discussion of dissertation topics and work in progress.
• GRS EC 916: Dissertation Workshop in Economic Theory 2
  Presentation and discussion of dissertation topics and work in progress.
• GRS EC 951: Dissertation Workshop in Empirical Microeconomics 1
  Presentation and discussion of dissertation topics and work in progress.
• GRS EC 952: Dissertation Workshop in Empirical Microeconomics 2
  Presentation and discussion of dissertation topics and work in progress.

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