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ECON 101: Economic Policy Analysis

Economic policy analysis, writing, and oral presentation. Topics vary with instructor. Limited enrollment. Prerequisites: 51 and 52, 102B, and two field courses. Some sections require additional prerequisites.
Terms: Aut, Win, Spr | Units: 5 | UG Reqs: WAY-SI | Repeatable for credit | Grading: Letter (ABCD/NP)

ECON 102A: Introduction to Statistical Methods (Postcalculus) for Social Scientists

Description and examples of the use of statistical techniques relevant to economics. Basic rules of probability, conditional probability, discrete and continuous probability distributions. Point estimation, tests of hypotheses, confidence intervals, and linear regression model. Prerequisite: MATH 41 or equivalent.
Terms: Aut, Win, Spr | Units: 5 | UG Reqs: GER:DB-Math, WAY-AQR, WAY-SI | Grading: Letter or Credit/No Credit

ECON 102B: Introduction to Econometrics

Descriptive statistics. Regression analysis. Hypothesis testing. Confidence regions. Simultaneous equation models. Instrumental variables. Panel data. Limited dependent variables. Time series. Prerequisites: 50, 102A or equivalent. Recommended: computer experience.
Terms: Win, Spr, Sum | Units: 5 | UG Reqs: WAY-AQR, WAY-SI | Grading: Letter or Credit/No Credit

ECON 102C: Advanced Topics in Econometrics

Identification and estimation of the effect of human capital variables on earnings (such as the return to education, tenure). The evaluation problem. Identification and estimation of social interactions. Topics: instrumental variable estimation, limited dependent variable models (probit, logit, and Tobit models), panel data techniques (fixed effect and random effect models, dynamic panel data models), introduction to non-parametric methods. Prerequisite: Econ 102B
Terms: Spr | Units: 5 | UG Reqs: WAY-AQR, WAY-SI | Grading: Letter or Credit/No Credit

ECON 106: World Food Economy (EARTHSYS 106, EESS 106)

The interrelationships among food, populations, resources, and economic development. The role of agricultural and rural development in achieving economic and social progress in low-income nations. Emphasis is on public sector decision making as it relates to food policy.
Terms: Win | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit

ECON 111: Money and Banking

Money, interest rates, banks and other financial institutions at both micro and macro levels. Micro: alternative financial instruments, the determination of interest rates, the yield curve, and the role of banks and other capital market institutions in the intermediation process. Supply of money, regulation, and supervision. Macro: the choice of monetary policy by the central bank, the impact of monetary policy making institutions on this choice and the various channels through which monetary policy affects inflation and real variables in the economy. Emphasis is on the institutional structure of Federal Reserve System and the conduct of monetary policy in the U.S. Prerequisites: 52.
Terms: Win, Sum | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit

ECON 113: Economics of Innovation (PUBLPOL 354)

The modern, knowledge-based economy characterized by: rapid innovation; a dramatic increase in the rate of production of information and decline in the cost of producing it; and pervasive network externalities or increasing returns to scale. Emphasis is on the role of patents and alternative mechanisms for creating incentives for firms to innovate. Topics include: why there may be too much innovative activity; how patent laws may slow rather than help innovation; and the interaction between public and private sector innovation. Prerequisites: 51,102B.
Terms: Spr | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit
Instructors: Moser, P. (PI)

ECON 114: Economy and Economics of Ancient Greece (CLASSHIS 114)

Cultural and political background for Athens of the 5th and 4th century BC. Athenian economy of the 4th century BC. Economic ideas of Plato, Aristotle, and Xenophon. Pros and Cons of utilitarianism in light of the ethical theories of Plato and Aristotle. Economy and economics of ancient Greece will be compared to the same of ancient China. There is an interesting parallel.
Terms: Win | Units: 5 | UG Reqs: GER:EC-GlobalCom, WAY-SI | Grading: Letter or Credit/No Credit
Instructors: Amemiya, T. (PI)

ECON 116: American Economic History (AMSTUD 116)

The American economy from colonial times to the present, illustrating the role of history in economic life. Topics: U.S. economic development in global and comparative context; slavery as an economic system; origins and consequences of the American technology and business organization; economics of the Great Depression and New Deal; post-World War II economic performance and social change; recent U.S. economic record in historical perspective. Prerequisite: 1A.
Terms: Spr | Units: 5 | UG Reqs: GER:DB-SocSci, GER:EC-AmerCul, WAY-SI | Grading: Letter or Credit/No Credit

ECON 118: Development Economics

The economic problems and policy concerns of developing countries. Theories of growth and development; inequality and poverty; credit and labor markets; health and education; politics and corruption. Emphasis is on economic models and econometric evidence rather than case studies. Prerequisites: 52, 102B.
Terms: Aut | Units: 5 | UG Reqs: GER:EC-GlobalCom, WAY-SI | Grading: Letter or Credit/No Credit
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