ECON 500

To facilitate a swift transition from undergraduate to graduate training, the mathematical foundation that all students should have will be reviewed. Topics include: mathematical statements and proofs; functions; sequences and limits; continuity; differentiation; metric spaces; integration.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 504

Choice under uncertainty; game theory; mechanism design; principal-agent models.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 508

Classical and Keynesian theories of cyclical fluctuations; real business cycle theory; determination of employment and real wages; credit markets and financial stability; stabilization policy.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 512

Departures from the standard assumptions: specification tests; a first look at time series; generalised regression; nonlinear regression; simultaneous equations, identification, instrumental variables. Extensions and applications: ML, GMM, VAR, GARCH, panel data.

GSSSH - ECON
Undergraduate Programs
Credit:3
Pre-requisite: ECON. 511

ECON 515

This course covers major contributions to mechanism design.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 503

Consumer theory; production theory; general equilibrium and welfare.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 507

Long-term economic growth; overlapping generations models; consumption, saving, and investment; real interest rates and asset prices; money and inflation.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 511

Review of probability and statistics: random variables, univariate and joint probability distributions, expectations; bivariate normal; sampling distributions; introduction to asymptotic theory; estimation; inference. Linear regression: conditional expectation function; multiple regression; classical regression model, inference and applications.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 514

This course covers theories and models that expand the horizons of game theory.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 517

This course is about international trade theory and its policy aspects. It includes the Ricardian, Hecksher-Ohlin, specific factors and monopolistic competition trade models. It also includes topics on international competitiveness and development, protectionist policies and their welfare effects as well as the political economy of international trade.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 501

Covers selected topics in mathematics that are frequently used in economic theory and its applications. Topics include: introduction to optimization theory (existence of a solution, alternative characterizations of compactness, Weirestrass Theorem, convexity); convex sets, concave and quasi-concave functions; characterization of a solution, Lagrange and Kuhn-Tucker approaches; parametric continuity, correspondences and maximum theorem; parametric monotonicity, lattices, supermodularity; fixed point theorems.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 505

The course includes topics such as the game theory under perfect information, game theory under imperfect information, matching and mechanism design.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 509

The course includes topics such as the business cycle theory, dynamic stochastic general equilibrium models, models of unemployment with search, market efficiency and macroeconomic performance, and theories of long-run growth.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 513

The focus of the course is the empirical applications and tests of macroeconomic and/or microeconomic theories. Students are provided with the ability to analyze the standard econometric applications.

GSSSH - ECON
Undergraduate Programs
Credit:3

ECON 516

This course aims to examine the relationship between law and economic and behavioral approaches and to provide understanding of models and conceptual frameworks.

GSSSH - ECON
Undergraduate Programs
Credit:3