Upper Level Electives

Upper Level Electives

(Note that as of Fall 2016 all upper level electives have 400-level numbers. Credit will still be given for upper level electives taken prior to Fall 2016 that had a 300-level number. Several upper level electives that were previously 400-level have also been given new, also 400-level, numbers. In either case, credit will only be given for either the course with the pre-Fall 2016 number or the course with the new number. Specifics are noted for each course individually whose number has changed. A full concordance of all courses whose numbers have changed, with the old and new number, is available here .)

01:220:484 Market Discipline (3)

  • Credits: 3
  • Course Type: Upper Level Elective for Major,
  • Certificate: Certificate in Financial Economics

Theories and evidence of agency problems and firm performance at for-profit, not-for-profit, and mutual organizations; internal discipline of managerial performance derived from ownership structure, boards of directors, incentive compensation, and debt financing; external discipline derived from regulation and markets for products, capital, labor, and donors. Prerequisites: 01:220:320 and 322. (Credit not given for both this course and 01:220:408)

01:220:483 Markets, Games and Information (3)

  • Credits: 3
  • Minor: Minor in Quantitative Economics
  • Certificate: Certificate in Computational Economics and Data Analytics, Certificate in Economic Theory, Certificate In Quantitative Economics

Private and asymmetric information, moral hazard with optimal contracts, adverse selection with applications to signaling and screening, and incentive mechanisms such as auctions and tournaments. Prerequisites: 01:220:320; 01:960:211 or 285; 01:640:136 or 152.
(Credit not given for both this course and 01:220:407)

01:220:481 Economics of Uncertainty (3)

  • Credits: 3
  • Minor: Minor in Quantitative Economics
  • Certificate: Certificate in Computational Economics and Data Analytics, Certificate in Economic Theory, Certificate in Financial Economics, Certificate In Quantitative Economics

Measurement of risk, attitudes toward risk, decision making under uncertainty, Bayesian decision theory, applications to asset markets. Prerequisites: 01:220:320; 01:960:211 or 285; 01:640:136 or 152.
Credit not given for both this course and 01:220:405.

01:220:482 Game Theory and Economics (3)

  • Credits: 3
  • Course Type: Upper Level Elective for Major,
  • Minor: Minor in Quantitative Economics
  • Certificate: Certificate in Computational Economics and Data Analytics, Certificate in Economic Theory, Certificate In Quantitative Economics, Minor in Philosophy, Politics and Economics

Expected utility theory, zero and nonzero sum games, cooperative and noncooperative games, bargaining models, supergames, oligopoly, core market games, strategy-proof systems. Prerequisites: 01:220:320; 01:960:211 or 285; 01:640:136 or 152. Credit not given for both this course and any of the following: 01:220:406, or 01:640:355.

01:220:480 Behavioral and Experimental Economics (3)

  • Credits: 3
  • Minor: Minor in Quantitative Economics
  • Certificate: Certificate in Computational Economics and Data Analytics, Certificate in Economic Theory

Critical examination of the behavioral critique of economic theory; Methodological questions about the nature of knowledge and discovery in economics, and the role of observation and econometric methods, including analysis of data from controlled experiments, in evaluating existing theory. Prerequisites: 01:220:320, 01:220:322, 01:640:136 or 01:640: 152. Credit not given for both this course and 01:220:404.

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  1. 01:220:477 Economics of Population (3)
  2. 01:220:475 Women, Men, and the Economy (3)
  3. 01:220:471 Economics of Regulation (3)
  4. 01:220:470 Economic Growth (3)