Includes partial equilibrium analysis of competitive and imperfectly competitive markets. Graduate standing or permission of instructor Introduction to macroeconomic theory, with an emphasis on economic growth and the business cycle. Graduate standing or permission of instructor Study of the concepts and basic techniques of probability theory and statistical inference. Includes an introduction to identification and estimation of simultaneous equation models. ECON 703 or permission of instructor Study of advanced topics in microeconomic theory such as uncertainty, imperfect information, imperfect competition, game theory, capital theory and dynamic analysis.
Specific topics vary from year to year.
Recent examples are models of Bayesian learning, the economics of uncertainty, and game theory. Specific topics vary from year to year. Recent examples are models of financial intermediation, endogenous growth, and alternatives to expected utility theory. ECON 805 or permission of instructor Study of selected topics in economic history. Cross-listed as ECON 852.