| source Georgetown (X) |
level |
department Economics (X) |
This course first develops simple graphical and mathematical models of decision-making by individual economic agents: consumers, workers, and businesses. We analyze interactions between these agents in product and factor markets using concepts of market demand, supply, and equilibrium. Finally, we demonstrate the efficiency of perfectly competitive markets, describe the conditions under which that efficiency arises, and examine market failures that occur when those conditions are not met.
Score: 7.494416 Details | Listing | Web page
Credits: 3.00
Score: 7.494416 Details | Listing | Web page
This course covers the basic elements of microeconomic theory including consumer choice, the impact on resource allocation of different market structures ranging from competition to monopoly, game theory, general equilibrium analysis, and asymmetric information. We will focus on equilibrium and optimization throughout.
Score: 7.494416 Details | Listing | Web page
This course covers the measurement of output and prices, theory of economic growth, business cycle theory, fiscal policy, monetary policy. Fall and Spring.
Score: 7.494416 Details | Listing | Web page
Credits: 4
Score: 7.494416 Details | Listing | Web page
The Honors section of Macroeconomic Theory covers the topics presented in ECON-102. The subject-matter, however, is approached in a more rigorous manner. The Honors section is designed for Economics majors who intend to do graduate work in the field or for those who are interested in a more mathematical treatment than that provided ECON-102. Spring.
Score: 7.494416 Details | Listing | Web page
Credits: 4
Score: 7.494416 Details | Listing | Web page
This course develops the theory and applications of regression analysis, which is the primary tool for empirical work in economics. Emphasis is placed on techniques for estimating economic relationships and testing economic hypotheses. Fall and Spring.
Score: 7.494416 Details | Listing | Web page
Credits: 3
Score: 7.494416 Details | Listing | Web page
Credits: 3
Score: 7.494416 Details | Listing | Web page
This course covers the theory and practice of international trade. The first part of the course develops the classical and modern theories of the determination of the pattern of commodity trade between nations. The second part of the course covers trade policy and the role of institutions in managing world trade. Fall and Spring.
Score: 7.494416 Details | Listing | Web page
Credits: 3.00
Score: 7.494416 Details | Listing | Web page
This course will look at some issues related to the American economy, both from an historical perspective and in relation to current events. We start with a special emphasis on monetary aspects by examining the evolution of the monetary system in the US and studying the creation and the workings of the Federal Reserve System. We then look at business cycles and recession episodes throughout the past century. In particular, we examine the different underlying causes and draw lessons regarding the role of institutions (with a special look at the Great Depression). We then examine the analogies and differences with regard to the current crisis. Finally, we study the US as part of the global economy, specifically its historical role in past international monetary systems (e.g. the Gold Standard and Bretton Woods), and its position in the current discussions about global imbalances.
Score: 7.494416 Details | Listing | Web page
Tutorial.
Score: 7.494416 Details | Listing | Web page
Tutorial.
Score: 7.494416 Details | Listing | Web page
Credits: 3
Score: 7.494416 Details | Listing | Web page
The course will examine economic issues in the former socialist countries of central and eastern Europe and the former Soviet Union. We shall employ simple models of individual and firm behavior, as well as models of political economy and public choice, in understanding the nature and course of transition from planned economic systems to liberal market economies. These tools will allow us to think more carefully about policy choices made both by individual governments, and international financial institutions. Fall.
Score: 7.494416 Details | Listing | Web page
This course examines the process of economic development in the Middle East and North Africa (MENA) in the post-WWII period. It is designed to expose students to current thinking by academics and policy makers on past experience and future challenges facing the economies of the region. The emphasis will be on developing a deep overall understanding of the origins and nature of various economic problems while at the same time providing a critical examination of existing and alternative policy formulations in MENA. To this end, readings, lectures and discussions will be focused on the origins and nature of state intervention in the economy; the sources of economic growth and structural transformation; population growth and the economic impact of demographic transitions; trends in employment, poverty and inequality; the macroeconomics crisis of the 1980s and the political economy of policy reform; financial development, equity markets and Islamic banking; problems of governance and institutional development; regional trade integration and the challenge of globalization; and alternative development paths in the 21st century.
Score: 7.494416 Details | Listing | Web page
Credits: 3
Score: 7.494416 Details | Listing | Web page
Credits: 3
Score: 7.494416 Details | Listing | Web page
Credits: 3
Score: 7.494416 Details | Listing | Web page
This semester-long seminar course assists seniors writing theses in economics. The course is open to all majors. Students will design their own research topic, with guidance from faculty, and will present their work in class during all phases of their projects, including the initial conception of the topic, formulation of the economic model and hypotheses to be tested, and intermediate and final results. Spring.
Score: 7.494416 Details | Listing | Web page
In this course we will inspect a piece of the puzzle that has been mostly left out of the core courses in economics: Information. Prices depend on individual preferences that are private information --- how does it come to pass that the competitive equilibrium price reflects this information? In the stock market, individuals' decisions to buy or sell convey information about their estimate of a stock's value --- can such signaling account for stock market bubbles and crashes? Slot machines have different payouts, but casino owners do not tell their customers what the payout is --- how should one optimally gamble when confronted with several different slot machines?
Score: 7.494416 Details | Listing | Web page
The objective of the course will be to improve understanding of the current Social Security reform debate. It will cover the current structure and history of the Social Security program along with the underlying macro and micro economic analysis needed to evaluate recent major reform options. In addition, the course will cover intensively the most recent developments in the reform debate, beginning with the last major legislative changes to the program in 1983, and ending with the 2001 Bush Commission on Social Security and current proposals for reform. Particular emphasis will be focused on the major economic issues underlying the political debate about "privatization". Fall.
Score: 7.494416 Details | Listing | Web page