This course offers an intensive training in contemporary macroeconomic analysis. This course along with Economics 6110.03 constitutes our basic core requirement as preparation for the comprehensive examination in macroeconomic theory. Students may not receive credit for both Economics 5110.03 and 5011.03. This course is designed for first year graduate students with previous courses in statistics, econometrics, differential calculus and algebra. This course begins with the general linear model and finishes with models of systems of equations.
Emphasis is placed on estimation and testing of hypothesis.
Economics 5250.03 in conjunction with its sequel Economics 6250.03 constitute our basic core requirements in Econometrics for our Ph.D. programme. Students may not receive credit for both Economics 5250.03 and 5025.03. Topics in Microeconomic Theory. Continuation of the topics of Economics 5100.03 to include specific markets, uncertainty, moral hazard, self-selection and topics of Welfare Economics including externality and public goods. Specific topics include classical and endogenous growth theories, real business cycle theory, time inconsistency issues and asset pricing.