Applied Microeconomics and Public Policy: ECON 4010/6010

We study foundational theory for a diverse set of topics including models of consumer choice and decision-making, decisions under uncertainty and risk, firm strategy, market structure, information asymmetries, market failure, and intellectual property rights. Using this theory, we examine real world policy applications in areas such as innovation policy, environmental policy, international trade regulations, contract design and insurance markets.

Prerequisites: ECON 2010.

Economics of Growth and Innovation: ECON 4430/6130

This course introduces core topics in the study of economic growth. We develop the dynamic theoretical models that comprise the modern framework for understanding national and international growth. We examine the endogenous determinants of technological innovation and evaluate the institutions and policies that affect growth. Examples include education policy, infrastructure, judicial systems, and variations in intellectual property rights. We explore the growth consequences of an increasingly interconnected global economy. Related topics include international regulations, technology diffusion, economic development, and multinational firms. Theories of growth are critically examined against empirical fact.

Prerequisites: ECON 2020.

International Economics and Globalization: ECON 4190

This course provides a broad perspective on the critical issues surrounding economic globalization. We develop foundational theoretical models of international trade and apply them to a number of specific, interrelated topics: international trade and financial flows, the roles of national governments and international regulatory bodies, technological innovation and intellectual property, and social and demographic changes. We identify the major controversies regarding globalization and use an evidence-based approach to evaluate them.

Prerequisites: IHSS 1200 or ECON 1200.