This first course in economics provides the fundamental tools for exploration of the field. Microeconomics considers the decisions of households and firms about what to consume and what to produce, and the efficiency and equity of market outcomes. Supply and demand analysis is developed and applied. Policy issues include price controls, competition and monopoly, income inequality , and the role of government in market economies. Students who have AP or IB credit in economics, and who elect ECON 101, forfeit the AP or IB credit. ECON 101P is an alternative course open to students who have not fulfilled the Quantitative Reasoning (QR) component of the Quantitative Reasoning & Data Literacy requirement.

This first course in economics provides the fundamental tools for exploration of the field. Microeconomics considers the decisions of households and firms about what to consume and what to produce, and the efficiency and equity of market outcomes. Supply and demand analysis is developed and applied. Policy issues include price controls, competition and monopoly, income inequality , and the role of government in market economies. Students who have AP or IB credit in economics, and who elect ECON 101, forfeit the AP or IB credit. ECON 101P is an alternative course open to students who have not fulfilled the Quantitative Reasoning (QR) component of the Quantitative Reasoning & Data Literacy requirement.

This first course in economics provides the fundamental tools for exploration of the field. Microeconomics considers the decisions of households and firms about what to consume and what to produce, and the efficiency and equity of market outcomes. Supply and demand analysis is developed and applied. Policy issues include price controls, competition and monopoly, income inequality , and the role of government in market economies. Students who have AP or IB credit in economics, and who elect ECON 101, forfeit the AP or IB credit. ECON 101P is an alternative course open to students who have not fulfilled the Quantitative Reasoning (QR) component of the Quantitative Reasoning & Data Literacy requirement.

This first course in economics provides the fundamental tools for exploration of the field. Microeconomics considers the decisions of households and firms about what to consume and what to produce, and the efficiency and equity of market outcomes. Supply and demand analysis is developed and applied. Policy issues include price controls, competition and monopoly, income inequality, and the role of government in market economies.

Econ 101P is open to (but is not limited to) students who do not meet the QR prerequisites for ECON 101 and is also appropriate for students who, because of their previous preparation in economics and mathematics, would benefit from additional academic support for their study of introductory economics. Additional class meeting slots will emphasize fluency with mathematical tools needed for success in economics. Students are normally expected to enroll concurrently in ECON 251H. Students who have AP or IB credit in Economics, and who elect ECON 101P, forfeit the AP or IB credit.

This course follows ECON 101 in continuing to build fundamental tools for exploration of the field. The course analyzes the aggregate dimensions of a market-based economy. Topics include the measurement of national income, economic growth, unemployment, inflation, business cycles, the balance of payments, and exchange rates. The impact of government monetary and fiscal policies is considered. Students who have AP or IB credit in economics and who elect ECON 102 forfeit the AP or IB credit. ECON 102P is an alternative course open to students who have not fulfilled the Quantitative Reasoning (QR) component of the Quantitative Reasoning & Data Literacy requirement.

This course follows ECON 101 in continuing to build fundamental tools for exploration of the field. The course analyzes the aggregate dimensions of a market-based economy. Topics include the measurement of national income, economic growth, unemployment, inflation, business cycles, the balance of payments, and exchange rates. The impact of government monetary and fiscal policies is considered. Students who have AP or IB credit in economics and who elect ECON 102 forfeit the AP or IB credit. ECON 102P is an alternative course open to students who have not fulfilled the Quantitative Reasoning (QR) component of the Quantitative Reasoning & Data Literacy requirement.

An introduction to the collection, analysis, interpretation, and presentation of quantitative data as used to understand problems in economics and sociology. Using examples drawn from these fields, this course focuses on basic concepts in probability and statistics, such as measures of central tendency and dispersion, hypothesis testing, and parameter estimation. Data analysis exercises are drawn from both academic and everyday applications.

The U.S. housing market is widely described as facing a deepening affordability crisis. This class centers on the following questions: What defines a “housing crisis”? What present and historical factors have contributed to the affordability? How can empirical evidence be used to distinguish between 'crisis' and mere 'challenges' in such markets?

Intermediate microeconomic theory: analysis of the individual household, firm, industry, and market, and the social implications of resource allocation choices. Emphasis on application of theoretical methodology.

Intermediate macroeconomic theory: analysis of fluctuations in aggregate income and growth and the balance of payments. Analysis of policies to control inflation and unemployment.

Intermediate macroeconomic theory: analysis of fluctuations in aggregate income and growth and the balance of payments. Analysis of policies to control inflation and unemployment.

This course introduces students to the methods economists use to assess empirical relationships, primarily regression analysis. Issues examined include statistical significance, goodness-of-fit, dummy variables, and model assumptions. Includes an introduction to panel data models, instrumental variables, and randomized and natural experiments. Students learn to apply the concepts to data, read economic research, and write an empirical research paper.

This course is an introduction to the study of the key issues affecting economic development in low- and middle-income countries. We will use economic analysis to gain an understanding of these key issues and review policy options. Specific topics will include growth, population, health, education, gender equality, credit markets, trade and foreign aid.

Uses a microeconomic framework to analyze important questions in education policy about school finance, organization, efficiency, and equity. Is education a private good? What are the costs and benefits of expanded education for individuals, communities, and countries? What are the consequences of more widespread early childhood education and college attendance? What is the role of teachers, peers, and families in education? Does school choice promote student achievement? Applies concepts such as comparative statics, subsidies, externalities, perfect and imperfect competition, cost-benefit analysis, and welfare analysis to these and other questions. Each semester includes one or two policy discussions on contemporary issues in education.

This course is designed to deepen students' engagement with scholarship in Economics. Enrollment is by invitation only and will draw from students concurrently enrolled in the core required courses for the major or minor. The class will introduce students to current research in Economics, presented by different faculty members, and link that research to skills and concepts covered in core required courses. Students will gain a better understanding of the ways the tools they are learning in their courses can be applied to real world issues.

This course will develop students' understanding of causal inference in cutting-edge empirical research. Students will develop tools for their own work and enhance their ability to critically evaluate research in the social sciences. How should a researcher approach an empirical question? How should a policymaker evaluate the impact of a program? Topics include randomized experiments, instrumental variables, panel data, regression discontinuity designs and machine learning. Applications will emphasize research on the frontier of applied microeconomics.

This course analyzes the major financial decisions facing firms from the perspective of a manager making choices about what investments to undertake, how to finance these projects, and how best to manage their risks. This course is particularly focused on the underlying economic models that are relevant for making these choices. Topics include capital budgeting, links between real and financial investments, optimal capital structure, dividend policy, and firm valuation. Additional topics may include corporate risk management, corporate governance, corporate restructuring, such as mergers and acquisitions, and start-up/entrepreneurial financing.

The course uses microeconomy theory and statistical methods to analyze education policy. What are the private and social returns to investments in schooling, and why do so many students leave school early? What are promising approaches for attracting and motivating good teachers? How should scarce public resources be invested in the quality of public schools, and what role should the private sector play in education policy? Students will learn how to read and critique empirical research, with an emphasis on understanding experimental and quasi-experimental research designs. Students will refine their skills in empirical data analysis, including the replication of classic papers using primary data.