Introduction to the structure and functioning of the aggregate economy and specific markets, including the labor market, housing market, and financial markets. Basic concepts of market regulation and monetary and fiscal policy. Concepts used in the social and behavioral sciences for measuring and interpreting economic data.

Discuss issues surrounding career planning implementation and evaluation in order to establish a job search, including resumes, networking, and interviewing techniques. Focus on career management as a lifelong process.

Analysis of the economic behavior of individual consumers, firms, and workers. Demand, supply, and market equilibrium. Impact of taxes, externalities, and market power on equilibrium.

Analysis of the economy as a whole. Measurement of output, the price level, and employment. Basic theories of the determination of Gross domestic product, investment and growth, and inflation. Introduction to fiscal policy and monetary policy.

This course is used to record credit the student earns while enrolled at another institution in a program administered by the University's Study Abroad Office. Credit is recorded as assigned by the study abroad adviser in the Department of Economics. University credit is awarded for work in an exchange program; it may be counted as coursework taken in residence. Transfer credit is awarded for work in an affiliated studies program.

Economic theory of the behavior of individuals, households, firms, and markets. Roles of relative prices and information, with a focus on constrained optimization.

Theories of the determination of output, employment, and the price level. Basic models of growth. Design of monetary and fiscal policies, and the mechanisms by which they affect the economy.

Examine mathematical treatment of microeconomic theory with application to real world subjects. Explore mathematical methods used by economists and apply them to analyze consumer behavior, choice under uncertainty, theory of the firm, game theory and general equilibrium.

Study of appropriate allocations of economic activity between government (federal, state, and local) and the private sector. The workings of social security, welfare, education, pollution control, deregulation, taxation; and proposals for reform.

Theories of financial intermediation and the role played by money. Financial policy and monetary policy in theory and practice.

Analyze assets that function as money through time, including the pricing of money in terms of interest rates and exchange rates, the economics of financial innovations, and the evolution of money markets.

Economic issues in the political arena. Use of microeconomic tools to study issues associated with collective decision-making, including the role of government in a market economy, and the formulation and implementation of government policies.

Labor markets in modern economies. Role of institutions and policies in shaping labor market outcomes for individuals and businesses.

Explores medical care as a commodity, demand for health and medical services, economic behavior of medical care providers, and the functioning of medical insurance markets. Government regulation and provision of health care and health insurance.

Explore the application of basic microeconomics to the study of health and issues arising in the provision of medical care. Examine the demand for and the supply of medical care. Discuss the roles of the private sector and government in the provision of medical insurance. Analyze the regulation of health care and health insurance.

Applications of economic principles and empirical methods to education, including the concept of human capital, economic returns to education, the determinants and measurement of teacher impact, the roles of school inputs and factors outside of school, and the market for higher education. Methodology for evaluating education policy.

Economic systems in theory and practice. Role of government and regulation.

Organization of industries and markets; competition, monopoly, and oligopoly. Introduction to antitrust policy, regulatory policy, and other alternatives.

Interpretation of economic data. Introduction to statistical models, estimation, and inference in economics.

This course is used to record credit the student earns while enrolled at another institution in a program administered by the University's Study Abroad Office. Credit is recorded as assigned by the study abroad adviser in the Department of Economics. University credit is awarded for work in an exchange program; it may be counted as coursework taken in residence. Transfer credit is awarded for work in an affiliated studies program.

Topics cover aspects of economic theory, applications, and policy.

Introduction to theories of economic development. Economic analysis of leading issues.

Microeconomics of economic development, population growth and the age structure of the population, and their impact on the environment.

Economic analysis of urban areas, emphasizing current problems, such as spatial concentration of poverty, lack of access to jobs and financial services, and transportation systems. Examines the role of policy in addressing these problems.

Spatial aspects of economics, including concepts, theories, and policy applications.

Immigration policy of the United States compared to that of other countries. Determinants of migration. Characteristics of migrants. Effects of migration on the country of origin and the receiving country. Unauthorized immigration to the United States.

Economic analysis of the markets for resources that supply energy, including coal, oil, natural gas, and shale gas, and the market for electricity. Principles of valuation and optimal dynamic allocation of energy resources. Financial contracts and risk management in energy markets. Regulation of energy markets.

Apply the tools of economics to examine the energy sector and current energy policy issues. Learn about the environmental and public health impacts of energy production, energy consumption, industrial activity, and the role of government regulation.

Explore auctions as a mechanism for allocating resources. Analyze bidders' strategic interactions using game theory. Investigate market rules designed to attain specific policy objectives. Utilize empirical methods to analyze auction data.

Theories explaining the location of production facilities and patterns in international trade. Implications of international trade for per capita income, growth, and inequality.

Exchange rates and foreign exchange markets; reasons for financial globalization; open-economy macroeconomics; exchange rate regimes (fixed and floating exchange rates, currency boards, and currency areas such as the euro zone); central bank accumulation of foreign exchange reserves; and sovereign debt crises and currency crashes. Reasons for different exchange rate arrangements and other policies are explored.

Parameter estimation and inference in regression models.

Explore advanced methods of causal inference and prediction.

Explore advanced regression analysis, maximum likelihood, discrete choice models, nonparametric methods, causality, and regression discontinuity design. Evaluate the use of these techniques in applied research and apply them in a variety of data sets.

Explore models and econometric considerations related to time series data. Apply time series methods in the fields of economics and finance.

Introduction to how economists infer causality from data.

Topics in econometric modeling and estimation.

Explore advanced topics in economic theory, and the application of theory to empirical models.

Advanced theory of individual behavior and organizations. Subjects may include decision-making under uncertainty, insurance, optimal contracts, and institutions.

Investigate advanced macroeconomic theory. Examine dynamic general equilibrium models, real business cycle theory, and macroeconomic models with a financial intermediary sector, financial crises, and monetary and fiscal policy.

Economic analysis of government regulation and policy and business responses.

Use of economic analysis and optimization as tools for improving managerial decision-making in business.

Use of economic concepts and models to make strategic business decisions (adverse selection, game theory, price discrimination, strategic commitment, barriers to entry, network effects). Economics of strategic responses to the legal environment (regulations, antitrust policies, intellectual property, fiduciary duty, liability).

Economic analysis of business strategy, including introducing new products, vertically integrating, bundling goods, pricing, distribution, mergers, and product differentiation. Relevant aspects of antitrust law. Case studies of specific firms.

Explore the application of economics to the practice of starting or expanding a business. Examine evaluation of the market; strategic decisions, including pricing, advertising, location, and deterring competitors; raising capital; and employee compensation.

Economic analysis of antitrust law intended to deter firms from engaging in anti-competitive conduct that harms consumers, including mergers that impede competition, price-fixing, and anti-competitive practices by a dominant firm in an industry. Focus on various industries and select antitrust cases.

Examine how economic principles influence, and are influenced by legal rules and procedures, evidentiary standards, and legislative approaches to social issues.

Use of data to evaluate public policy issues. Issues considered include the effect of having health insurance on health outcomes; the relationship between earning power and the type of college attended; charter schools and educational outcomes; the effect of an increase in the minimum wage on employment; and the welfare effects of bank bailouts.

Introduction to the formal study of interdependent decision making. Applications of game theory include pricing and advertising strategies, labor-management bargaining, and tariff negotiations.

Examine what economic theory has to say about economic choices and strategic interactions and what people actually do when faced with strategic decisions. Conduct experiments to either identify systematic deviations or confirm theoretical predictions. Explore how economic experiments are useful in reshaping economic thinking.

Analysis of the economies of Latin America. Issues may include the structure and functioning of cities, rural-urban migration, the sectoral composition of GDP and employment, and determinants of growth.

Optimal use of exhaustible and renewable resources, including fuels, minerals, fisheries, forests, and water; resource scarcity and economic growth; valuation of nonmarketed environmental amenities; the economics of pollution control instruments, including taxes, permits, direct regulation, and negotiation; environmental quality and international trade; the economics of global climate change; pollution control policy in practice.

Examine current environmental policy questions and debates and learn how data can be used to answer these questions.

Analyze and apply tools from machine learning and artificial intelligence to policy problems. Explore the benefits and concerns that can arise in doing so.

Theories explaining the role of money in the economy.

Discuss the evolution of economic thought over the last several centuries and apply the idea's of history's greatest economists to contemporary economic problems.

Economic analysis of the operation of financial markets, including arbitrage theory, asset pricing, and corporate finance.

Study large and persistent differences in economic outcomes across genders and between major racial and ethnic groups in the United States. Examine empirical evidence for, and gaps in, economic models explaining these differences.

Explaining how heuristics result in biases in individual decisions and anomalies in the market place. Applications to choice under uncertainty, intertemporal choice, choice in a strategic environment, and behavioral finance.

Study the personal financial planning process. Apply economic principles along with analytical tools and approaches as they pertain to financial literacy.

Explore concepts of social welfare, fairness, and social choice procedures. Discuss economic analysis of social interactions that take place outside of markets.

Use of microeconomic theory to analyze how firms make decisions involving human resources, including recruiting and hiring strategies, training and investment in worker skills, evaluating and motivating worker performance, and job design.

Supervised individual reading, research, and writing of a substantial paper on a special topic in the field of economics.

Supervised individual study of selected problems in economics.

Conduct research while working in an appropriate government agency or private business.

Supervised individual reading, research, and writing of a substantial paper on a special topic in the field of economics.

Practical working involvement with an appropriate business, government or research agency, or similar institution.

Survey of theoretical and empirical literature related to location theory, regional development, regional disparities, growth and function of cities, and political economy of spatial planning.

Provides an economic analysis of pressing urban problems such as poverty, housing, transportation, environment, and finance.

Practical working involvement with an appropriate business, government or research agency, or similar institution.

Topics include monetary policy and problems, theory of central banking, and money and banking history.

A historical study of economic development and economic policy.

Analysis of public expenditure and taxation.

Introduction to public finance subjects and research methods. Cover recent research ranging from tax incidence to social insurance programs.

Analysis includes theories of economic development and planning.

Definition, measurement, production, and conservation of renewable and exhaustible resources; models of economic growth and resources; world distribution and consumption; United States resource policy.

Analysis of the empirical and theoretical factors that influence labor markets.

Theories, based on microeconomic foundations, covering such topics as the usefulness of monetary exchange, optimal central bank policy, the interaction of monetary and fiscal policy, and the role of financial intermediation in the macroeconomy.

Introduction to the questions, methods, and scope of research in different fields in economics.

Survey and analysis of principal contributions and historical influences in the evolution of contemporary economic thought from the late eighteenth through the early twentieth century.

Topics include optimization methods, probability theory, and statistical inference.

Mathematical tools widely used for economic analysis, including advanced calculus, optimization methods, linear algebra, and dynamic systems.

Probability theory and statistical methods used in economics and econometrics.

Rigorous introduction to the methods of microeconomic theory, including consumer and producer theory, decision under uncertainty, markets and competition, and general equilibrium.

Dynamic optimization concepts and methods used in modern macroeconomics. General equilibrium applications in the areas of economic growth, business cycles, and the role of monetary and fiscal policy.

Identification and estimation of linear and nonlinear regression models; inference and hypothesis testing.

Introduction to game theoretic concepts and analyses and their application to study strategic interactions between individuals, firms, and other economic agents.

Explore major theoretical and empirical models for understanding behavior and outcomes in the labor market.

Explore the organization of industries and markets, including competition, monopoly, and oligopoly. Examine the effect that strategic interactions have on production, pricing, investment, advertising, and other decisions. Discuss antitrust policy, regulatory policy, and other alternatives.

Examine the design and performance of electricity markets and the challenges confronting these markets.

Explore theoretical models of auctions as a mechanism for allocating resources and empirical methods to analyze auction data. Analyze bidders' strategic interactions using game theory and investigation of market rules designed to attain specific policy objectives.

Explore theoretical models in international trade with applications to the current international economic environment.

Explore a rigorous, proof-based approach to mathematics, including properties of Euclidean spaces, metric spaces, compactness, continuity, single- variable differentiation and integration, and sequences and series of real-valued functions.

Examine modeling and prediction techniques using the tools of statistical learning and machine learning.

Examine time series models with applications in macroeconomics and finance.

Examine research strategies and econometric estimators for inferring causal effects in observational data.

Teaching under the close supervision of the course instructor; weekly group meetings, individual consultations, and reports.