Game Theory in Economics
ECON 5001 Analysis of behavior in strategic situations- when a person or firm's best action depends on what others do. Prereq: 4001.01 (501.01), 4001.02 (501.02), or 4001.03, and Math 1131 (132), 1151 (151 and 152), 1152 (153), 1161 (161 and 162), or ...
Comparative Institutional Analysis of Firms and Markets
ECON 5720 Applications of economic analysis to industrial organizations including the firm's internal incentive structure, labor markets, and financial institutions, of major market economies such as U.S., and Japan from comparative perspectives. Pre ...
Survey of Microeconomics
ECON 6711 Methodology and scope of the neo-classical microeconomics paradigm; topics include the theory of competitive firms and consumers, general equilibrium, Pareto optimum, welfare theorems, non-competitive markets, uncertainty and asymmetric informat ...
Survey of Macroeconomics
ECON 6721 Survey of macroeconomics fluctuations, business cycles and economic growth, including Keynesian, monetarist and real business cycle models; topics also include money and banking, unemployment, inflation and endogenous economic growth. Prereq: 40 ...
ECON 8731 Probability; random variables; sampling distributions; limit theorems; point and interval estimation; statistical hypothesis testing; multiple regression analysis in the linear model including finite-sample and asymptotic statistical properties. ...
Microeconomic Theory IIA
ECON 8713 Rigorous introduction to game theoretic methods and concepts and their applications to study strategic interactions in economic organizations, including imperfectly competitive markets and economies with public goods and externalities. Prereq: 8 ...
Microeconomic Theory IIB
ECON 8714 A theoretical treatment of information economics and mechanism design; topics include implementation, dominant strategy mechanism, Bayesian mechanism design, adverse selection, moral hazard, social choice and auctions. Prereq: 8713, or equiv, an ...
ECON 8732 Generalized least squares; specification tests; generalized method of moments; endogenous regressors and simultaneous equation systems; panel data; nonlinear estimation; discrete and limited dependent variable models; and basic time-series analy ...
Microeconomic Theory IA
ECON 8711 Rigorous survey of the neoclassical paradigm dealing with individual economic agents, firms and markets; covers core concepts and methods such as equilibrium, optimality, duality, comparative statics and envelope theorems. Prereq: Grad standing ...
Microeconomic Theory IB
ECON 8712 Continuation and extension of Microeconomic Theory 1A to study competitive general equilibrium, optimality and welfare theorems; includes analysis of individual agents' behavior under uncertainty and markets subject to asymmetric informatio ...