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11 - 20 of 155 results for: ECON

ECON 18C: Real World Policy Makers Discuss How the U.S. Can Compete in a Global Economy

Silicon Valley leaders and academic economists often do not understand the political constraints policy-makers face when it comes to economic decision-making. We will invite think tank leaders, political leaders, former administration officials, and labor leaders to shed light on what is driving the current economic thinking in Washington. We will explore how Washington views Silicon Valley, and what Silicon Valley companies can do to improve their perception in the Beltway. We also will discuss why Washington policy-makers matter to the future of the Valley, and what they can learn from business leaders here.
Terms: Spr | Units: 1 | Grading: Satisfactory/No Credit
Instructors: Khanna, R. (PI)

ECON 22N: Causes and Consequences of the Rise in Inequality

In this class we will discuss the economic and institutional causes of the rise in inequality in the US and other countries over the last 40 years. We will also discuss the consequences of inequality in terms of social justice, economic welfare, aggregate economic performance, intergenerational mobility, and the possible implications of inequality for the recent global financial crisis.
Terms: Spr | Units: 3 | Grading: Letter (ABCD/NP)

ECON 23N: Capitalism, Socialism and Democracy

We will explore the evolution and current performance of capitalist and socialist economies, their interaction with democracy, and the contemporary debate about the appropriate roles of individual vs. collective rights and responsibilities.
Terms: Win | Units: 3 | UG Reqs: WAY-SI | Grading: Letter (ABCD/NP)
Instructors: Boskin, M. (PI)

ECON 24N: Social Choice & Market Design

The design of mechanisms for group decision making, addressing questions about how apartment mates should choose rooms and share the rent, how a government should select and pay its suppliers, how a town should elect a mayor, or how students and college ought to be matches to one another. The first three weeks include classic papers by two Nobel-prize winning scholars about matching students and about government procurement. We will ask questions such as: What are the provable properties of these mechanisms? Is it possible for individuals or groups to manipulate the mechanisms for their own advantage? The remaining weeks focus on group decisions that are guided by "voting" mechanisms, showing the inherent trade-offs and proving theorems about the incompatibility among some simple, desirable properties of mechanisms. The ideas treated in this class are being used today to design new mechanisms for voting, matching, auctions and other applications, based on an awareness of the formal properties that the mechanisms may have.
Terms: Spr | Units: 3 | UG Reqs: WAY-SI | Grading: Letter (ABCD/NP)
Instructors: Milgrom, P. (PI)

ECON 25N: Public Policy and Personal Finance (PUBLPOL 55N)

The seminar will provide an introduction and discussion of the impact of public policy on personal finance. Voters regularly rate the economy as one of the most important factors shaping their political views and most of those opinions are focused on their individual bottom lines. In this course we will discuss the rationale for different public policies and how they affect personal financial situations. We will explore personal finance issues such as taxes, loans, charity, insurance, and pensions. Using the context of (hypothetical) personal finance positions, we will discuss the public policy implications of various proposals and how they affect different groups of people, for example: the implications of differential tax rates for different types of income, the promotion of home ownership in the U.S., and policies to care for our aging population. While economic policy will be the focus of much of the course, we will also examine some of the implications of social policies on personal finance as well. There will be weekly readings and several short policy-related writing assignments.
Terms: not given this year | Units: 3 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit

ECON 49: Managerial Economics

Intermediate microeconomics, with a focus on topics and methods of interest to future managers. Topics include market pricing and price discrimination, incentives, signaling, implicit collusion, decision making under uncertainty, auctions and basic game theory. Use of calculus and math-based analysis. Topics overlap considerably with Econ 50 and Econ 51. Aimed at Juniors and Seniors with non-Econ majors. Does not fulfill Econ major requirements. Economics majors should take Econ 50 and Econ 51.
Terms: not given this year | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit

ECON 50: Economic Analysis I

Individual consumer and firm behavior under perfect competition. The role of markets and prices in a decentralized economy. Monopoly in partial equilibrium. Economic tools developed from multivariable calculus using partial differentiation and techniques for constrained and unconstrained optimization. Prerequisites taken for letter grades: Econ 1 or 1A or 1V, and Math 51 or CME 100 or CME 100A. Must be taken for a Letter grade if majoring/minoring in Economics.
Terms: Aut, Win, Sum | Units: 5 | UG Reqs: GER:DB-Math, WAY-FR, WAY-SI | Grading: Letter or Credit/No Credit

ECON 51: Economic Analysis II

Neoclassical analysis of general equilibrium, welfare economics, imperfect competition, externalities and public goods, risk and uncertainty, game theory, adverse selection, and moral hazard. Multivariate calculus is used. Prerequisite: ECON 50.
Terms: Win, Spr, Sum | Units: 5 | UG Reqs: WAY-FR, WAY-SI | Grading: Letter or Credit/No Credit

ECON 52: Economic Analysis III

Long-run economic growth and short-run economic fluctuations. Focus on the macroeconomic tools of government: fiscal policy (spending and taxes) and monetary policy, and their effects on growth, employment, and inflation. Prerequisites: ECON 50.
Terms: Aut, Spr | Units: 5 | UG Reqs: WAY-SI | Grading: Letter or Credit/No Credit

ECON 101: Economic Policy Seminar

Economic policy analysis, writing, and oral presentation. Topics vary with instructor. Limited enrollment. Prerequisites: Econ 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)
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