ECO X50K ECO 350K Advanced Topics in Economics 3 Hours
3 Lecture Hours 0 Lab Hours
Explore advanced topics in economic theory, and the application of theory to empirical models. Three lecture hours a week for one semester.
Pre/Corequisites: Economics 420K or 420S with a grade of at least C-; additional prerequisites may vary with the topic.
Grading: Student Option
Repeatable for credit: May be repeated for credit when the topics vary.
Academic Level: Upper Division
Topic 1: Business Trends in the United States Economy. Economics 350K (Topic 1) and 350K (Topic: Economic Change and Creativity) may not both be counted. Additional prerequisite: Economics 304K (or 303) and 304L (or 302) with a grade of at least C in each, and six additional semester hours of social science; or consent of instructor.
Topic 2: Current Issues in Business Economics.
Topic 3: Political Economy of International Crisis. Additional prerequisite: Economics 304K (or 303) and 304L (or 302) with a grade of at least C in each, and six additional semester hours of social science; or consent of instructor.
Topic 4: Advanced Econometrics. Theory of the linear regression model used widely in economic applications, including model specification, least squares and maximum likelihood estimation, hypothesis testing, multicollinearity, dummy variables, heteroskedasticity, and discrete choice models. Additional prerequisite: Economics 341K with a grade of at least C-.
Topic 5: Advanced Macroeconomics. Advanced macroeconomic theory. Subjects may include dynamic general equilibrium models, real business cycle theory, and macroeconomic models with money and a financial intermediary sector. Economics 350K (Topic: Advanced Macroeconomics) and Economics 350K (Topic 5) may not both be counted. Additional prerequisite: Economics 320L with a grade of at least C-.
Topic 6: Advanced Microeconomic Theory. Advanced theory of individual behavior and organizations. Subjects may include decision-making under uncertainty, insurance, optimal contracts, and institutions. Additional prerequisite: Economics 329 with a grade of at least C-.
Topic 7: Applied Economic Analysis. Major issues in applied economics, including relevant theoretical and empirical models. Additional prerequisite: Economics 341K with a grade of at least a C-; Mathematics 408D or 408M; and Mathematics 340L or 341.
Topic 8: Applied Macroeconomics. Advanced study of macroeconomics with a focus on the economics and the politics of the subject and the mathematical and computational models that are used to develop macroeconomic policy. Economics 350K (Topic: Applied Macroeconomics) and 350K (Topic 8) may not both be counted.
Topic 9: Health Economics. Examines the role and justification for government involvement in the medical care system. Subjects include the special features of medical care as a commodity, the demand for health and medical services, the economic explanations for the behavior of medical care providers, the functioning of insurance markets, federal health insurance programs, and regulation. Only one of the following may be counted: Economics 330T (Topic: Health Economics), 330T (Topic 1), 350K (Topic: Health Economics), 350K (Topic 9).