It covers the general equilibrium analysis, the conditions for economic efficiency, markets with asymmetric information, externalities, and public goods. 580 Econometrics I Survey of basic statistical concepts and methods employed in economic analysis and research. This course is a sequel to ECO 580. Major emphasis is on the general linear regression model and its application to real world data using standard computer software, under alternative specifications of the model. ECO 582 Applied Econometrics Study of empirical works that demonstrate how economic theory is implemented in practice.
Areas covered include consumption, production, wage and employment, monetary and fiscal policies.
This course studies advanced topics in international economics, with a special emphasis on the applications of recent trade theory and policy to the current world economy. ECO 597 Internship in Applied Economics Training in the use of economic tools for applied problems. Student will work in an appropriate organization for several months using economic tools for the solution of practical problems. Plan of work and final report subject to approval of the Director of M.A. Program. ECO 598 Independent Research in Economics Development of individual project or inquiry into an area of particular relevance to student's interest within the field of Economics.