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Economics Current Courses

Fall 2024

Course Code Title/Instructor Meets
ECON 111-01 Introduction to Microeconomics
Instructor: Anthony Underwood
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
09:30 AM-10:20 AM, MWF
ALTHSE 201
ECON 111-02 Introduction to Microeconomics
Instructor: Anthony Underwood
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
10:30 AM-11:20 AM, MWF
ALTHSE 201
ECON 111-03 Introduction to Microeconomics
Instructor: Tricia Hawks
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
03:00 PM-04:15 PM, TF
ALTHSE 207
ECON 111-04 Introduction to Microeconomics
Instructor: Ye Jiang
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
01:30 PM-02:45 PM, TF
ALTHSE 201
ECON 111-05 Introduction to Microeconomics
Instructor: Ye Jiang
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
03:00 PM-04:15 PM, TF
ALTHSE 201
ECON 111-06 Introduction to Microeconomics
Instructor: Edward McPhail, Elise Yeh
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
09:30 AM-10:20 AM, MWF
DENNY 317
ECON 111-07 Introduction to Microeconomics
Instructor: Edward McPhail, Elise Yeh
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon consumer demand and upon the output and pricing decisions of business firms. The implications of actions taken by these decision-makers, operating within various market structures, upon the allocation of resources and the distribution of income are examined. Special attention is given to the sociopolitical environment within which economic decisions are made.
10:30 AM-11:20 AM, MWF
DENNY 311
ECON 112-01 Introduction to Macroeconomics
Instructor: Shamma Alam
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon national output, employment, and price levels. The monetary and financial system is explored together with problems of economic stability. Monetary and fiscal policy procedures are analyzed and evaluated in light of the current economic climate. Special attention is given to the historical development of major economic institutions.Prerequisite: 111.
10:30 AM-11:45 AM, TR
ALTHSE 207
ECON 112-04 Introduction to Macroeconomics
Instructor: Zach Kessler, Edward McPhail
Course Description:
A study of the fundamentals of economic analysis and of basic economic institutions, with particular emphasis upon national output, employment, and price levels. The monetary and financial system is explored together with problems of economic stability. Monetary and fiscal policy procedures are analyzed and evaluated in light of the current economic climate. Special attention is given to the historical development of major economic institutions.Prerequisite: 111.
12:30 PM-01:20 PM, MWF
ALTHSE 207
ECON 222-01 Environmental Economics
Instructor: Elise Yeh, Edward McPhail
Course Description:
A study of human production and consumption activities as they affect the natural and human environmental systems and as they are affected by those systems. The economic behavioral patterns associated with the market economy are scrutinized in order to reveal the biases in the decision-making process which may contribute to the deterioration of the resource base and of the quality of life in general. External costs and benefits, technological impacts, limits to economic growth, and issues of income and wealth distribution are examined. A range of potential policy measures, some consistent with our life style and some not, are evaluated. Prerequisite: 111.
03:00 PM-04:15 PM, MR
ALTHSE 08
ECON 226-01 Global Economy
Instructor: Fatou Thioune
Course Description:
Cross-listed with INST 200-01. The course introduces economic theory that builds on ideas from introductory microeconomics and macroeconomics. It uses that theory as a framework for examining developments in the changing global system. Developments include the revolution in information technology; the dynamics of human population growth; the implications of climate change; challenges to human security; and emerging patterns of organizational interdependence and collaboration. Those developments provide the context for business managers and for government officials responsible for shaping strategies and implementing policies. Prerequisite: ECON 111 and 112; concurrent enrollment in ECON 112 by permission of the instructor. This course is cross-listed as INST 200.
10:30 AM-11:20 AM, MWF
ALTHSE 08
ECON 228-01 Economic Analysis of Policy
Instructor: Tricia Hawks
Course Description:
This course introduces the basic economic techniques used in the analysis of public policy and applies these techniques to a variety of social problems and policies. The economic techniques taught include the analysis of market failure, benefit-cost analysis, and economic impact analysis. Applied topics vary, but are likely to include education and job training, public assistance, transportation policy, and environmental protection. Prerequisite: 111 or permission of the instructor.
09:00 AM-10:15 AM, TR
ALTHSE 110
ECON 228-02 Economic Analysis of Policy
Instructor: Tricia Hawks
Course Description:
This course introduces the basic economic techniques used in the analysis of public policy and applies these techniques to a variety of social problems and policies. The economic techniques taught include the analysis of market failure, benefit-cost analysis, and economic impact analysis. Applied topics vary, but are likely to include education and job training, public assistance, transportation policy, and environmental protection. Prerequisite: 111 or permission of the instructor.
10:30 AM-11:45 AM, TR
ALTHSE 110
ECON 230-01 Political Economy of Gender
Instructor: Ebru Kongar
Course Description:
Cross-listed with SOCI 227-01 and WGSS 202-01. Political Economy of Gender adopts a gender-aware perspective to examine how people secure their livelihoods through labor market and nonmarket work. The course examines the nature of labor market inequalities by gender, race, ethnicity and other social categories, how they are integrated with non-market activities, their wellbeing effects, their role in the macroeconomy, and the impact of macroeconomic policies on these work inequalities. These questions are examined from the perspective of feminist economics that has emerged since the early 1990s as a heterodox economics discourse, critical of both mainstream and gender-blind heterodox economics. While we will pay special attention to the US economy, our starting point is that there is one world economy with connections between the global South and the North, in spite of the structural differences between (and within) these regions.For ECON 230: ECON 111 (ECON 112 recommended); For SOCI 227: SOCI 110 or ECON 111; For WGSS 202: none (ECON 111 recommended) This course is cross-listed as SOCI 227 & WGSS 202.
09:00 AM-10:15 AM, TR
ALTHSE 206
ECON 268-01 Intermediate Macroeconomic Theory
Instructor: Zhiyi Wei
Course Description:
Neoclassical theories of economic behavior in the aggregate. Models will be used as a framework for analyzing the determination of the level of national output and for explaining fluctuations in employment, the price level, interest rates, productivity, and the rate of economic growth. Policy proposals will be appraised. Prerequisite: 111 and 112; MATH 170.
01:30 PM-02:45 PM, TF
ALTHSE 08
ECON 268-02 Intermediate Macroeconomic Theory
Instructor: Zhiyi Wei
Course Description:
Neoclassical theories of economic behavior in the aggregate. Models will be used as a framework for analyzing the determination of the level of national output and for explaining fluctuations in employment, the price level, interest rates, productivity, and the rate of economic growth. Policy proposals will be appraised. Prerequisite: 111 and 112; MATH 170.
03:00 PM-04:15 PM, TF
ALTHSE 08
ECON 278-01 Intermediate Microeconomic Theory
Instructor: Ebru Kongar
Course Description:
Neoclassical theory of relative prices of commodities and productive services under perfect and imperfect competition. The role of prices in the allocation and distribution of resources and commodities. Economic behavior of individual economic units like consumers, firms, and resource owners. Prerequisite: 111 and MATH 170.
10:30 AM-11:45 AM, TR
ALTHSE 201
ECON 288-01 Contending Economic Perspectives
Instructor: Edward McPhail
Course Description:
A study of major heterodox economic theories such as Marxian, institutional, feminist, post-Keynesian, or Austrian economics. Students will study these contending economic perspectives through their historical evolution, methods and theoretical structures, and/or current policy debates. Prerequisites: 111 and 112.
10:30 AM-11:20 AM, MWF
ALTHSE 207
ECON 298-01 Econometrics
Instructor: Ye Jiang
Course Description:
This course is an introduction to econometrics in which the tools of economic theory, mathematics, and statistical inference are applied to the analysis of economic data. Students will develop foundational knowledge of applied statistics and econometrics through exploration of empirical techniques relevant to quantitative economics including probability, estimation, hypothesis testing, correlation, modeling, simple and multiple linear regression analysis, and time series analysis. In addition, this course will cover basic extensions of a multiple linear regression model such as dummy variables and interaction terms. Students will use Stata, or other statistical analysis software widely used in economics, to understand and apply empirical work.Prerequisite: 111, 112, MATH 170, and MATH 121 (or INBM 220 or MATH 225)
09:00 AM-10:15 AM, TR
STERN 11
ECON 314-01 Macroeconomic Modelling
Instructor: Zhiyi Wei
Course Description:
ECON 314 provides students with a foundational understanding of dynamic macroeconomic modeling methods. It includes a discussion of the central tenets of macroeconomic theory on which these models are developed, as well as explicit derivations of model equations. Additionally, the course introduces computational software used to solve, simulate, and estimate various model specifications.
10:30 AM-11:45 AM, TR
DENNY 110
ECON 351-01 Gender and Development
Instructor: Ebru Kongar
Course Description:
Cross-listed with INST 351-01 and WGSS 302-01. This course examines the gender dimensions of economic development and globalization from the perspective of feminist economics. This perspective implies foregrounding labor, broadly defined to include paid and unpaid work, and examining gender differences in work, access to resources, and wellbeing outcomes, and how these are affected by macroeconomic policies and how gender inequalities are relevant for societal wellbeing. Since the early 1980s economic globalization has been achieved on the basis of a common set of macroeconomic policies pursued in industrial and developing countries alike. These policies frame both the gender-differentiated impacts of policy and the initiatives that are implemented to reduce inequalities between men and women. The main objective of the course is to examine the impact of these policies on men and women in the global South (a.k.a. developing countries/Third World) on gender inequalities and to evaluate the policies/strategies for reducing gender inequalities and promoting the well-being of all people. The pursuit of these objectives will entail first a brief examination of the central tenets of feminist economics and an historical overview of the policy-oriented field of gender and development. Gender-differentiated statistics will be reviewed as they pertain to the topics under discussion. Prerequisite: For ECON 351: ECON 288; For INST 351: ECON 288 or INST 200 or INBM 200; For WGSS 302: at least one WGSS course or ECON 288. This course is cross-listed as INST 351& WGSS 302.
01:30 PM-04:30 PM, W
ALTHSE 207
ECON 373-01 History of Economic Thought
Instructor: Edward McPhail
Course Description:
This course provides an appraisal of the origins and evolution of selected economic theories, primarily through the works of great economists of the past. Past economic works are analyzed in their theoretical and historical context. Prerequisites: any one of the following intermediate-level ECON courses 268, 278, 288, or 298.
09:30 AM-10:20 AM, MWF
ALTHSE 207
ECON 398-01 Advanced Econometrics
Instructor: Anthony Underwood
Course Description:
This course covers some advanced topics in applied econometrics. Students will apply multiple regression analysis to both cross-sectional and longitudinal (panel) data to familiarize students with a variety of advanced econometric techniques including instrumental variable analysis, differences-in-differences methods, limited dependent variable models, and dynamic panel analysis. Students will conduct individual empirical research projects using Stata, or other statistical analysis software widely used in economics, to enable students to understand and apply the conventions of empirical research in economics. We will cover elements of technical writing, reviewing existing literature, data collection and organization, and file management for complete transparency and reproducibility. Prerequisites: 268 or 278, and 298.
01:30 PM-02:45 PM, MR
ALTHSE 204
ECON 496-01 Research in Development Economics
Instructor: Shamma Alam
Course Description:
Permission of Instructor Required. This class will focus on research in the economics of international development. As the world economy becomes increasingly interconnected, the course will shed light on how both global and local factors influence economic development across different regions. The class would cover key topics in global development, including children's education, child labor, health issues, population and fertility dynamics, household bargaining issues, international migration, effects of climate change, and agricultural practices. Students will explore how various global economic factors, such as economic policies, financial systems, and the roles of international organizations, impact development outcomes across different countries. The course aims to equip students with the analytical tools and knowledge necessary to comprehend and critically evaluate research in economics.
01:30 PM-04:30 PM, T
ALTHSE 206
ECON 496-02 Research in Development Economics
Instructor: Shamma Alam
Course Description:
Permission of Instructor Required. This class will focus on research in the economics of international development. As the world economy becomes increasingly interconnected, the course will shed light on how both global and local factors influence economic development across different regions. The class would cover key topics in global development, including children's education, child labor, health issues, population and fertility dynamics, household bargaining issues, international migration, effects of climate change, and agricultural practices. Students will explore how various global economic factors, such as economic policies, financial systems, and the roles of international organizations, impact development outcomes across different countries. The course aims to equip students with the analytical tools and knowledge necessary to comprehend and critically evaluate research in economics.
01:30 PM-04:30 PM, R
ALTHSE 206
ECON 550-01 Unveiling Gender Inequality: Exploring Gender-Based Violence and Disparities Among Nepalese Women
Instructor: Ebru Kongar
Course Description: