Graduate Course Catalog

ECON 401 Mathematical Methods of Economic Theory: Linear algebra and multivariate calculus, emphasizing results used in graduate-level economic theory courses.

ECON 410-1,2,3 Microeconomics: Modern theory of consumer behavior and of the firm; competitive equilibrium; game theory; informational asymmetries in markets. (Required sequence.)

ECON 411-1,2,3 Macroeconomics: Aggregative economic theory of consumption, investment, money, interest, price level, economic growth, and fluctuations. (Required sequence.)

ECON 412-1,2,3 Economic Theory and Methods: Methodological aspects of modern economic theory. Problems in economic decision making, strategic interaction, and welfare economics.

ECON 414-1,2,3 Economics of Information: Asymmetric information in markets and organizations. Topics include search, signaling, bidding, rational expectations, moral hazard, principal-agent problems, and contract-mechanism design.

ECON 415-1,2 Advanced Microeconomics: Current topics in microeconomic theory; emphasis on mathematical formulations and techniques.

ECON 416-1,2,3 Advanced Macroeconomics: Recent contributions to macroeconomics. Topics may include determinants of aggregate demand and supply; models of economic growth; money supply; interest rates; capital markets; and level of prices and outputs.

ECON 420-1 Advanced Topics in American Economic History: New research techniques and results. Economic analysis of historical problems, particularly developments in the post-cliometric era.

ECON 420-2 Advanced Topics in European Economic History: Application of economic theory and other quantitative techniques to studies of European economic evolution.

ECON 425-1,2,3 Theory of Economic Development: Theories of economic development and growth. Includes both the macroeconomic aspects of long-term patterns of economic growth and the micro-economic structure, performance, and problems of developing economies.

ECON 430-1,2 Monetary Theory and Policy: Advanced issues in national and international monetary theory and policy. (Courses on these topics are also taught as 416-1,2,3 and 460-1,2,3.)

ECON 436-1,2 Theory and Practice of Public Finance: The design and effects of government spending and tax programs. Theoretical and empirical aspects of government spending and taxes are analyzed, primarily in the United States.

ECON 440-1,2,3 Economics of the Labor Market: Theoretical and empirical study of the structure and functions of labor markets.

ECON 450-1,2,3 Industrial Organization and Prices: Theoretical and empirical analysis of basic influences on industrial markets, their economic organization, practices and price formation, and related public policy issues.

ECON 460-1,2,3 International Economics: Analytical tools for understanding international and interregional economic relations. International trade policy. Relationship of theory to specific problems.

ECON 480-1,2,3 Introduction to Econometrics: Nonparametric and linear regression, identification, principles of statistical inference, extremum estimators, asymptotic statistical theory, time series analysis, discrete response analysis, structural microeconometrics. (Required sequence.)

ECON 481-1,2,3 Econometrics: Advanced theory of identification, estimation, and statistical inference. Includes partial identification of probability distributions, the bootstrap, refinements of asymptotic theory, and semi- and nonparametric structural microeconometrics.

ECON 482 Applied Econometrics: Time-Series Methods: Topics include univariate ARIMA modeling, vector auto-regressions, autoregressive conditional heteroskedasticity, generalized method of moments, and nonstationary time series.

ECON 483 Applied Econometrics: Cross-Section Methods: Methods used to analyze large cross-section and panel data sets with emphasis on applications. Analysis of covariance, fixed effects and random effects models, simultaneous equations and qualitative variables, and duration models.

ECON 498-1,2 Advanced Topics in Economics: Topics vary with the field of specialization of visiting or regular faculty.

ECON 499 Independent Study: Permission of instructor and department required. May be repeated for credit.

ECON 501 Graduate Student Seminar: Student presentations of research papers. Primarily aimed at third year students.

ECON 515 – Research Seminar in Economic Theory: Open to graduate students with research interests in economic theory.

ECON 520 – Research Seminar in Economic History: Open to graduate students with research interests in economic history.

ECON 530 – Research Seminar in Macroeconomics: Open to graduate students with research interests in macroeconomics.

ECON 535 – Research Seminar in Applied Microeconomics: Open to graduate students with research interests in labor, public finance, health care, education and development economics.

ECON 536 – Research Seminar in Public Finance: Open to graduate students with research interests in public finance.

ECON 540 – Research Seminar in Labor Economics: Open to graduate students with research interests in labor economics.

ECON 550 – Research Seminar in Industrial Organization: Open to graduate students with research interests in industrial organization.

ECON 560 – Research Seminar in Development and Trade Economics: Open to graduate students with research interests in international economics and economic development.

ECON 580 – Research Seminar in Econometrics: Open to graduate students with research interests in econometrics.


Dale Mortensen

2014-15 Class Schedules

Pre-registration Reintroduced


Workshop in Econometrics
September 30, 20143:30 PM - 5:00 PM

Orientation for Economics Graduate Students on the Job Market
September 30, 20145:00 PM - 6:00 PM

June 26, 2014