An examination of various theories of distributive justice, analyzed from the perspective of microeconomic theory. Topics covered include social contract doctrines, aggregation of preferences and voting, theories of cooperative behavior and coordination failure, division of surpluses, measurement of inequality, and alternative approaches to both end-state and precedural justice. The Energy Industry analysis of various aspects of the energy industry. Also includes discussion of relevant policy issues in regards to topics such as global warming. Taxation and deregulation.
Content varies from year to year.
Not offered every year. More detailed discussion of selective Macroeconomic and Monetary topics. Selected topics of current interest. The purpose of the course is to introduce students to active research issues and methods to the neoclassical school. 5.00 Spring 01 Estimation and inference in single equation regression models, multicollinearity, autocorrelated and heteroskedastic disturbances, distributed lags, asymptotic theory, and maximum likelihood techniques.