Find more details below: must speak with an economics advisor to determine acceptable alternative prerequsite coursework.
An upper division Economics course and one of our quantitative prerequisites must be taken in the first semester.
Prerequisites: ECON 100A and ECON 120B or MATH 181B; and MATH 18 or 31AH. Corporate Finance (4) Introduces the firm’s capital budgeting decision, including methods for evaluation and ranking of investment projects, the firm’s choice of capital structure, dividend policy decisions, corporate taxes, mergers and acquisitions. Preferences, utility maximization, demand, choice under uncertainty, intertemporal choice. (Previously numbered ECON 200D.) Prerequisites: ECON 200A-B-C or consent of instructor. Macroeconomics A (4) Dynamic optimization: Lagrangian methods and recursive methods.
The neoclassical growth model: social planner, competitive equilibrium, first and second welfare theorems, steady state analysis, dynamic analysis, shocks, heterogeneity and aggregation, applications. Enrollment limited to Economics Ph D students (EN75); or consent of instructor. Macroeconomics B (4) Models of the household’s intertemporal consumption/saving decision, and implications for risk aversion, basic portfolio allocation, and asset pricing.
Assesses the consequences of global economic integration and economic policies for industry location, incomes, welfare and economic growth, and studies goods, services and sovereign debt markets.
Prerequisites: ECON 1 or 100B and 2 or 3 or MATH 20C. Advanced Topic in Globalization (2) This course presents a selection of empirical applications and advanced topics that build on the material covered in ECON 102, Globalization.
Prerequisites: ECON 1; and MATH 10C or 20C or 31BH. Econometrics B (4) Basic econometric methods, including the linear regression, hypothesis testing, quantifying uncertainty using confidence intervals, and distinguishing correlation from causality. Topics include: examination of major policy changes (e.g., shifts toward export promotion, heavy and chemical industries promotion); Korea’s industrial structure, including the role of large enterprises (chaebol); role of government; and links between Korea and other countries. Decisions Under Uncertainty (4) Decision making when the consequences are uncertain. Economic and Business Forecasting (4) Survey of theoretical and practical aspects of statistical and economic forecasting. Senior Essay Seminar A (4) Senior essay seminar for students with superior records in department majors. Senior Essay Seminar B (4) Senior essay seminar for students with superior records in department majors. Introduction to Teaching Economics (4) Introduction to teaching economics.
Credit not allowed for both ECON 120B after MATH 181B. Honors Econometrics A (1) Honors sequence expanding on the material taught in ECON 120A. May be taken concurrently with ECON 120A or after successful completion of ECON 120A with A– or better or consent of instructor. Honors Econometrics B (1) Honors sequence expanding on the material taught in ECON 120B. May be taken concurrently with ECON 120B or after successful completion of ECON 120B with A– or better or consent of instructor. Honors Econometrics C (1) Honors sequence expanding on the material taught in ECON 120C. May be taken concurrently with ECON 120C or after successful completion of ECON 120C with A– or better or consent of instructor. Applied Econometrics (4) Application of econometric methods to such areas as labor supply, human capital, and financial time series. Decision trees, payoff tables, decision criteria, expected utility theory, risk aversion, sample information. Such topics as long-run and short-run horizons, leading indicator analysis, econometric models, technological and population forecasts, forecast evaluation, and the use of forecasts for public policy. Students must complete ECON 191A and ECON 191B in consecutive quarters. Students must complete ECON 191A and ECON 191B in consecutive quarters. Each student will be responsible for a class section in one of the lower-division economics courses. Enrollment limited to Economics Ph D students (EN75) or Rady Ph D students (RS79); or consent of instructor. Microeconomics C (4) Information economics: static and dynamic games of incomplete information, signaling, screening, and lemons.
Enrollment is limited to fifteen to twenty students, with preference given to entering freshmen. Priority enrollment given to majors in the department. Priority enrollment given to majors in the department. Explains international trade at the level of industries and firms and analyzes the consequences of trade for resource allocation, welfare, and the income distribution. Globalization (4) Presents theories of global economic integration, grounded in the principle of comparative advantage.
Discusses sources of comparative advantage, motives for trade policies, and the effects of trade barriers and trading blocs on welfare and incomes. Investigates patterns of trade when trade is balanced and capital flows when trade is not balanced.