Principles of Economics
Ma, Jue 8:30A 10:35A
Lecture, three hours; discussion, one hour. Not open to students with credit for former course 100. Introduction to principles of economic analysis, economic institutions, and issues of economic policy. Emphasis on allocation of resources and distribution of income through price system. P/NP or letter grading.
Principles of Economics
Lu, Mie 8:30A 10:05A
Lecture, three hours; discussion, one hour. Enforced requisite: course 1. Not open to students with credit for former course 100. Introduction to principles of economic analysis, economic institutions, and issues of economic policy. Emphasis on aggregative economics, including national income, monetary and fiscal policy, and international trade. P/NP or letter grading.
Microeconomic Theory
Lu, Mie 8:30A 10:35A
Lecture, three hours; discussion, one hour. Enforced requisites: courses 1, 2, one course from Mathematics 31B, 31BH, 31E, 32A. Laws of demand, supply, returns, and costs; price and output determination in different market situations. P/NP or letter grading.
Statistics for Economics
Ma, Jue 8:30A 10:05A
Lecture, three hours; discussion, one hour. Enforced requisites: Mathematics 31A, 31B. Not open to students with credit for Statistics 11. Introduction to probability and statistics for economists, with emphasis on rigorous arguments. Letter grading.
Microeconomic Theory
Lu, Mie 1:00P 3:05P
Lecture, three hours; discussion, one hour. Requisite: course 11. Theory of factor pricing and income distribution; general equilibrium; implications of pricing process for optimum allocation of resources; interest and capital. P/NP or letter grading.
Macroeconomic Theory
Lu, Mie 8:30A 10:35A
Lecture, three hours; discussion, one hour. Requisite: course 101. Theory of income, employment, and price level. Analysis of secular growth and business fluctuations; introduction to monetary and fiscal policy. P/NP or letter grading.
Introduction to Econometrics
Ma, Jue 1:00P 3:05P
Lecture, three hours; discussion, one hour. Requisites: courses 11, and 41 or Statistics 11 or 100A. Introduction to theory and practice of econometrics, with goal to make students effective consumers and producers of empirical research in economics. Emphasis on intuitive understanding rather than on rigorous arguments; concepts illustrated with applications in economics. P/NP or letter grading.
Finance
Ma, Jue 8:00A 10:05A
Lecture, three hours. Requisite: course 102. Enrollment priority to Business Economics majors. Introduction to principles of asset valuation and role of financial markets in market economy. Basic topics include time value of money, discounted cash flow analysis, CAPM model, and applications to public policy. Letter grading.
International Finance
Lu, Mie 1:00P 3:05P
Lecture, three hours; discussion, one hour. Requisite: course 102. Not open to students with credit for former course 120. Emphasis on interpretation of balance of payments and adjustment to national and international equilibria through changes in price levels, exchange rates, and national income. Other topics include making international payments, determination of exchange rates under various monetary standards, capital movements, exchange controls, and international monetary organization. P/NP or letter grading.
Environmental Economics
Ma, Jue 9:00A 11:05A
Lecture, three hours. Requisites: course 41 or Statistics 12 or 13, and course 101 (may be waived with consent of instructor). Introduction to major ideas in natural resources and environmental economics, with emphasis on designing incentives to protect environment. Highlights important role of using empirical data to test hypotheses about pollution’s causes and consequences. P/NP or letter grading.
Topics in Labor Economics
Ma, Jue 10:45A 12:50P
Lecture, three hours. Requisite: course 101. Selected topics in labor theory; income distribution; business cycles and unemployment; investments in human capital and life cycles; migration; human fertility; marriage and divorce, etc. P/NP or letter grading.
Money and Banking
Lu, Mie 10:45A 12:50P
Lecture, three hours. Requisite: course 102. Principles of money and banking in U.S.; legal and institutional framework; money supply process; instruments, effects, and practice of monetary policy. P/NP or letter grading.
Industrial Organization: Theory and Tactics
Ma, Jue 1:00P 3:05P
Lecture, three hours. Requisite: course 101. Monopoly, collusion and competition, strategic firm behavior, nonprice competition with and without entry, pricing practices, antitrust. Comparison of economic and legal treatments of competitive process. Monopoly competition, and collusion as economic theory, as antitrust doctrine, and as fact. Source of monopoly. Predatory behavior. Misleading practices in theory and policy. General problem of relationship between private rights of action and competitive entry. P/NP or letter grading.
Principles of Economics
Ma, Jue 8:30A 10:35A
Lecture, three hours; discussion, one hour. Not open to students with credit for former course 100. Introduction to principles of economic analysis, economic institutions, and issues of economic policy. Emphasis on allocation of resources and distribution of income through price system. P/NP or letter grading.
Principles of Economics
Lu, Mie 10:45A 12:50P
Lecture, three hours; discussion, one hour. Enforced requisite: course 1. Not open to students with credit for former course 100. Introduction to principles of economic analysis, economic institutions, and issues of economic policy. Emphasis on aggregative economics, including national income, monetary and fiscal policy, and international trade. P/NP or letter grading.
Microeconomic Theory
Ma, Jue 8:30A 10:35A
Lecture, three hours; discussion, one hour. Enforced requisites: courses 1, 2, one course from Mathematics 31B, 31BH, 31E, 32A. Laws of demand, supply, returns, and costs; price and output determination in different market situations. P/NP or letter grading.
Statistics for Economics
Ma, Jue 10:45A 12:50P
Lecture, three hours; discussion, one hour. Enforced requisites: Mathematics 31A, 31B. Not open to students with credit for Statistics 11. Introduction to probability and statistics for economists, with emphasis on rigorous arguments. Letter grading.
Microeconomic Theory
Ma, Jue 1:00P 3:05P
Lecture, three hours; discussion, one hour. Requisite: course 11. Theory of factor pricing and income distribution; general equilibrium; implications of pricing process for optimum allocation of resources; interest and capital. P/NP or letter grading.
Macroeconomic Theory
Lu, Mie 8:30A 10:35A
Lecture, three hours; discussion, one hour. Requisite: course 101. Theory of income, employment, and price level. Analysis of secular growth and business fluctuations; introduction to monetary and fiscal policy. P/NP or letter grading.
Finance
Ma, Jue 1:00P 3:05P
Lecture, three hours. Requisite: course 102. Enrollment priority to Business Economics majors. Introduction to principles of asset valuation and role of financial markets in market economy. Basic topics include time value of money, discounted cash flow analysis, CAPM model, and applications to public policy. Letter grading.
Introduction to Game Theory
Lu, Mie 10:45A 12:50P
Lecture, three hours; discussion, one to two hours (when scheduled). Requisite: course 101. Enrollment priority to Business Economics majors. Introduction to basic ideas of game theory and strategic thinking. Discussion of ideas such as dominance, backward induction, Nash equilibrium, commitment, credibility, asymmetric information, and signaling, with application to examples from economics, politics, business, and other real-life situations. Letter grading.
Pricing & Strategy
Ma, Jue 1:00P 3:05P
Lecture, three hours. Requisite: course 101. Enrollment priority to Business Economics majors. Advanced pricing topics typically include linear programming and shadow pricing, peak load pricing, two-part pricing, strategic pricing, and auctions and bidding. Letter grading.
Introduction to Urban & Regional Economics
Ma, Jue 10:45A 12:50P
Lecture, three hours. Requisite: course 11. Survey of broad range of policy and theoretical issues that are raised when economic analysis is applied in urban setting. Topics include urbanization and urban growth, housing markets, location decisions of households and firms, transportation, urban labor markets, and local public sector. P/NP or letter grading.
Upper Division Research Seminar: Applications of Economic Theory
Lu, Mie 8:30A 10:35A
Seminar, three hours. Requisites: courses 11, 101. Limited enrollment seminars in which students usually write research paper on topic selected in consultation with instructor. P/NP or letter grading.
Honors Research in Economics I
–
Tutorial, three hours. Requisites: courses 11, 101, 102. Limited to senior departmental honors program students. First term of two-term sequence in which students develop honors thesis or comprehensive research project under direct supervision of faculty member. Individual contract required. In Progress grading (credit to be given only on completion of course 198B).