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ECON 610. Microeconomic Theory 1.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

This is the first in a two-course sequence in microeconomics. The core microeconomics sequence (ECON 610, ) provides a rigorous coverage of the economic foundation upon which economic fields are built. Most of the sequence is devoted to building up this foundation of consumer and firm optimisation (including choice under uncertainty), partial and general equilibrium, and welfare economics. The remainder of covers special topics that vary from year to year. These are likely to be drawn from the following: social choice; externalities and public goods; models of asymmetric information; the principal-agent framework; search; basic game theory.

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ECON 610 Outline

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ECON 620. Macroeconomic Theory 1.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

This course is the first in a two-course sequence in macroeconomics. The course offers a thorough treatment of the fundamentals of macroeconomic theory. Emphasis is placed on the construction of economic models with microeconomic foundations. Topics include market-clearing and non-market-clearing models, capital accumulation, business cycles, monetary policy and fiscal policy.

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ECON 620 Outline

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Course information not available.

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ECON 623. Money and Banking.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

A rigorous analysis of the demand and supply of money and the role that it plays in the economy. Study of the ideas of the major schools of thought in monetary economics.

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ECON 623 Outline听

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ECON 624. International Economics.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

A detailed examination of theories and policies in international trade and finance.

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ECON 624 Outline

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ECON 625. Economics of Natural Resources.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

The concept of optimal resource management and the associated rules, such as Hotelling's rule and Faustmann's rule. Implications of the need to sink capital for equilibrium in resource utilization under certainty and uncertainty. Conditions under which there is market failure and the merits of price and quantity instruments.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

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ECON 634. Economic Development 3.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

A systematic treatment of the characteristics and problems of economic development in underdeveloped countries.

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ECON 634 Outline

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ECON 637. Industrial Organization and Regulation.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

An analysis of the nature of the firm, industrial structure and the effect of structure on firm and industry behaviour and performance.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

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ECON 637 Outline

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ECON 641. Labour Economics.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

A synthesis of theoretical developments in the area of labour economics with stress upon problems of empirical testing.

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ECON 647. Applied Computational Economics.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

Study of tools that allow numerical solutions to selected economics problems for which closed-form analytical solutions are not available. Coverage includes solutions to dynamic stochastic models in economics and finance, including dynamic programming in discrete and continuous time.

• Corequisite: ECON 620
• Restriction: Not open to students who have taken ECON 752 when topic was "Applied Computational Economics"

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ECON 647 Outline

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ECON 661. Applied Time-Series and Forecasting.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

Essential methods used in practical forecasting and modelling contexts: standard time series models for forecasting; non-stationary data; conditional variance forecasts; nowcasting macroeconomic quantities; density and probability forecasts; feasible forecast horizons; forecast evaluation and presentation.

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ECON 662. Econometrics 1.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

A broad treatment of linear methods: OLS, GLS, and IV mainly, and show how to apply the bootstrap to these models, with particular reference to parametric specification testing, and diagnostic testing (autocorrelation, heteroskedasticity, normality, parameter constancy).

• Restriction: Not open to students who have taken ECON 662D1/D2

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ECON 662 Outline

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ECON 663. Econometrics 2.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

Topics include: non-linear regression, maximum likelihood, generalised method of moments (GMM), and non-stationary processes, basically tests for unit roots and cointegration.

• Prerequisite: ECON 662
• Restriction: Not open to students who have taken ECON 662D1/D2

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ECON 664. Applied Cross-Sectional Methods.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

With limited public resources, determining which programs, reforms, policies are beneficial, and at what cost, is crucial, and allows public policy to be driven by evidence. However, evaluating programs is made difficult by the 鈥渃ounterfactual problem鈥�: one cannot observe the outcomes or behavior of a participant, had (s)he not participated. This course will describe the standard OLS model, its limitations, and an improvement (panel data models). This course will then present the state-of-the-art empirical techniques used by economists to address the counterfactual issue (randomized experiments, instrumental variables, difference-in-differences, regression discontinuity design; and time permitting selection models and matching). For each of these approaches, we will give the basic intuition, discuss the necessary assumptions, present the strengths and weaknesses, and analyze applications drawn from the literature. Moreover, each technique will be implemented by the students in hands-on Stata sessions.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

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ECON 664 Course Outline

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ECON 665. Quantitative Methods.

Credits: 3

Offered by: Economics (Graduate Studies)

This course is not offered this catalogue year.

Description

A survey of quantitative methods frequently used in economic research. Special emphasis will be placed upon the formulation and evaluation of econometric models. Illustrations will be drawn from the existing empirical literature in economics. Required for all Ph.D. students who have not taken Econometrics as a field.

Most students use Visual Schedule Builder (VSB) to organize their schedules. VSB helps you plan class schedules, travel time, and more.

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