Course Catalog

TOPICS IN ECONOMICS (EC2091)

Courses on different and emerging topics in the discipline, enriching the present course offerings. These classes are taught by permanent or visiting faculty.

TOPICS IN ECONOMICS (EC2910)

TOPICS VARY BY SEMESTER

HISTORY OF POLITICAL ECONOMY  (EC3001)

The course examines the historical transformations at the roots of modern industrial economies, framing the emergence and evolution of political economy as an intellectual discipline against this background. Students will be taught to consider the importance of various driving factors in economic history, such as demographic shifts, capital accumulation, technological adaptation, and institutional change. They will also learn how to see these historical transformations through the eyes of eminent thinkers from the past, thus acquiring a robust knowledge of the major topics in the history of political economy. After a brief discussion of different interpretations about the origins of the modern economy, each unit will focus on a specific period in modern world history, combining an overview of the socioeconomic transformations taking place at the time with an in-depth discussion of representative works from that era. Assessment will be strongly oriented toward essay writing, giving students an opportunity to learn how to develop an academic argument respecting the disciplinary practices of economics.

INTERMEDIATE MICROECONOMICS (EC3010)

Uses the concepts of formal economic analysis to study topics ranging from the theory of consumer behavior to the formation of market demand, economics of the firm, pricing under competition and monopoly, income distribution, general equilibrium, and welfare economics. Emphasizes the application of various theoretical constructs in the analysis and interpretation of problems encountered in the real world.

INTERMEDIATE MACROECONOMICS (EC3020)

Studies in depth factors influencing aggregate supply and demand, inflation, unemployment, interest rates, and international payments. Develops an analytic framework for the purpose of investigating the interrelationships among principal macroeconomic aggregates. Discusses current issues and controversies regarding macroeconomic policies.

ECONOMICS OF TECHNOLOGY (EC3033)

Focuses on the economic underpinnings of the economics of information and technological innovation. The course covers topics such as agglomeration and localization of innovative firms, impact of innovation on productivity gains, R & D and spillover effects, technology and globalization.

ECONOMIC DEVELOPMENT (EC3042)

Examines the evolution of the concept of economic development and its means of assessment. The course studies the models explaining the process of economic development and the barriers to it. A critical analysis of the success and failure of development theories and policies is examined. A survey of neo-classical, dualist, structuralist, Third-Worldist, Marxist and IMF-based discourses of development and underdevelopment are undertaken.

ECONOMICS OF SUSTAINABLE DEVELOPMENT (EC3043)

This course familiarizes students with concepts and methods that are used in the analysis of the interaction between the economy, the environment and society, and studies the range of policies that can be applied to environmental and social problems. The key issue is how markets can be made to work for sustainable development.

INTERNATIONAL MONETARY ECONOMICS (EC3053)

This course provides an analysis of trade theories and their monetary aspects in global and open economy. The course begins by explaining the rationale behind international trade and welfare gains that emanate from trade and proceeds to discuss the balance of payments accounts, price and output in an open economy, macroeconomic policy under different exchange rate regimes. A special emphasis is placed on the conduct of monetary and fiscal policy in an open economy, the balance of payment accounts and the determination of the exchange rate. Students will have the opportunity to get a more in-depth understanding of the origin and impact of monetary problems and financial crises in advanced and emerging economics (the United States, EU countries following Brexit, China and Latin America) using a policy approach.

ECON. APPLICATIONS OF GAME THEORY (EC3061)

Introduces game theory as used in many different disciplines, with an emphasis on economics. The course will focus on finding Nash equilibrium of non-cooperative games. The reasonableness of various kinds of equilibria will also be discussed, as well as departures from the usual assumptions of rational behavior. Students will describe a situation as a game and solve for its equilibria.