Chair:  Randall Reback (Professor)
Professors:   Elizabeth Ananat (Mallya Professor of Women and Economics), André Burgstaller, Alan Dye, Daniel Hamermesh (Distinguished Scholar), Sharon Harrison, Lalith Munasinghe,  Rajiv Sethi, David Weiman (Alena Wels Hirschorn '58 Professor)
Associate Professors:  Ashley Timmer (Adjunct), Homa Zarghamee
Assistant Professors: Belinda Archibong, Martina Jasova, Sonia Pereira (Adjunct), Rena Rosenberg (Adjunct), Elham Saeidinezhad (Term), Anja Tolonen
Adjunct Associate: John Park

Other officers of the University offering courses listed below:

Professors:  Alessandra Casella, Yeon-Koo Che, Pierre-Andre Chiappori, Graciela Chichilnisky, Donald Davis, Prajit Dutta, Harrison Hong, Wojciech Kopczuk, Serena Ng, Brendan O’Flaherty, Xavier Sala-i-Martin, Bernard Salanie, Stephanie Schmitt-Grohe, Martin Uribe,  Michael Woodford, David Weinstein
Associate Professor:  Lena Edlund, Qingmin Liu
Assistant Professors:  Michael Best, Andres Drenik, Jack Willis
Lecturers:  Irasema Alonso, Tri Vi Dang, Ceyhun Elgin, Susan Elmes, Seyhan Erden, Tamrat Gashaw, Sunil Gulati, Ronald Miller, Wouter Vergote

Requirements for the Major

There are two tracks for the major in Economics equal in rigor, but different in scope and focus. The track in Economics emphasizes modern economic theory along with associated analytical and mathematical tools.  The track in Political Economy emphasizes the roots of modern economics in the history of economic thought and the interconnections between social forces, political institutions, and economic power. Either track offers excellent preparation for graduate study in a variety of professional schools and professional careers in many areas, including business and public administration.

Prospective majors should discuss their programs with any member of the department no later than the second semester of their sophomore year. At the time of declaring the major, the student meets with the department chair and chooses a major adviser, who will advise her on the choice of program and courses. Students planning to major in Economics or Political Economy should complete both intermediate macro- and microeconomic theory by the beginning of their junior year.

Students who wish to complete a double or joint major that includes Economics should consult the chair of the department or the major adviser as early as possible. Students interested in pursuing a Ph.D. in economics should take more mathematics than required for the economics major or choose the Economics and Mathematics interdisciplinary major. Any interested student should seek guidance from the Economics and/or Mathematics faculty on which mathematics courses to take.

All majors should file the "Major Requirements Declaration" form, available from the department office by the end of their sophomore year, or as soon as possible thereafter.

Economics

The Economics track requires a minimum of 12 courses (36 minimum credits).

ECON BC1003INTRO TO ECONOMIC REASONING3
ECON BC1007MATH METHODS FOR ECONOMICS *4
or MATH UN1201 CALCULUS III
ECON BC2411STATISTICS FOR ECONOMICS4
or STAT UN1101 INTRODUCTION TO STATISTICS
or STAT UN1201 CALC-BASED INTRO TO STATISTICS
or PSYC BC1101 STATISTICS LECTURE AND RECITATION
ECON BC3018ECONOMETRICS4
ECON BC3033INTERMEDTE MACROECONOMC THEORY4
ECON BC3035INTERMEDTE MICROECONOMC THEORY4
ECON BC3041THEORETICL FOUNDTNS-POLIT ECON3
Three electives in economics, two of which must be upper-level (that is, they must have intermediate micro- or macroeconomic theory as a prerequisite).
One of the following two options:
SENIOR THESIS I
and SENIOR THESIS II
SENIOR SEMINAR (and an additional upper-level elective in economics)
*

Students will not receive credit for ECON BC1007 MATH METHODS FOR ECONOMICS if they have already taken ECON BC3035 INTERMEDTE MICROECONOMC THEORY. Such students must instead complete the mathematics requirement by taking MATH UN1201 CALCULUS III (Calculus III).

Political Economy

The Political Economy track major requires a minimum of 13 courses (42 minimum credits).

ECON BC1003INTRO TO ECONOMIC REASONING3
ECON BC1007MATH METHODS FOR ECONOMICS4
or MATH UN1101 CALCULUS I
ECON BC3033INTERMEDTE MACROECONOMC THEORY4
ECON BC3035INTERMEDTE MICROECONOMC THEORY4
ECON BC3041THEORETICL FOUNDTNS-POLIT ECON3
ECON BC2411STATISTICS FOR ECONOMICS4
or STAT UN1101 INTRODUCTION TO STATISTICS
or STAT UN1201 CALC-BASED INTRO TO STATISTICS
or PSYC BC1101 STATISTICS LECTURE AND RECITATION
Three electives in economics, two of which must be upper-level electives (that is, they must have intermediate micro- or macroeconomic theory as a prerequisite)
Two interdisciplinary electives (see further conditions below)
And one of the following two options:
SENIOR THESIS I
and SENIOR THESIS II
SENIOR SEMINAR (and an additional upper-level elective in economics)


 

Interdisciplinary Electives

.

[NOTE:  Statistics is required for Political Economy track majors in the class of 2021 and later. It replaces one of the three interdisciplinary electives formerly required for the class of 2020 and earlier.]

Linking interdisciplinary electives to economics electives: If a course is “linked,” this means that it addresses subject matter that is related to the subject matter of the economics elective to which it is paired. There are many possible ways to link a course to an economics elective. A link to some suggestions from the department website is given below. Whether a course qualifies as a linked course must be approved by the student’s major adviser.

Related Areas of Study

Departments

  • Anthropology
  • Asian and Middle Eastern Cultures
  • Environmental Science
  • History
  • Philosophy
  • Political Science
  • Psychology
  • Sociology
  • Spanish and Latin American Cultures
  • Women's Studies

Regional or Interdisciplinary Programs

  • Africana Studies
  • American Studies
  • Human Rights Studies
  • Jewish Studies
  • Science and Public Policy
  • Urban Studies

Suggestions for Linking Interdisciplinary Electives to Economics Electives

Follow this link for a list of suggestions for Interdisciplinary Electives that link to Economics Elective Courses. It is NOT an exhaustive list. You should feel free to propose alternative courses that form similar links. All linked courses must be approved by the student’s major adviser.


Mathematics Training for the Major

The department expects all majors to have a working knowledge of arithmetic, high school algebra, and the fundamentals of analytic geometry.

Majors in the economics track may complete the mathematics requirement by taking ECON BC1007 MATH METHODS FOR ECONOMICS, or MATH UN1101 CALCULUS I and MATH UN1201 CALCULUS III. Students who have received advanced placement credit or have placed out of Calculus I may take either Math Methods or Calculus III to complete the requirement. (Students with 5 on the Calculus BC test may begin with Calculus III.)

Majors in the political economy track may complete the mathematics requirement by taking ECON BC1007 MATH METHODS FOR ECONOMICS or MATH UN1101 CALCULUS I. Students who have received advanced placement college credit for calculus have satisfied the mathematics requirement for the political economy track, however they must take an additional economics elective as a substitute for the AP credit so that the total number of courses taken for the major remains the same.

Students interested in pursuing a Ph.D. in economics should take more mathematics than required for the economics major or choose the Economics and Mathematics interdisciplinary major. Any interested student should seek guidance from the Economics and/or Mathematics faculty on which mathematics courses to take.

Requirements for the Minor

The minor in economics consists of five courses, including ECON BC1003 INTRO TO ECONOMIC REASONING or equivalent, ECON BC3033 INTERMEDTE MACROECONOMC THEORY or ECON BC3035 INTERMEDTE MICROECONOMC THEORY, and three electives, one of which must have an intermediate micro- or macroeconomic theory course as a prerequisite.

Introductory Courses

The principles of economics; may be taken without previous study of economics.

ECON BC1003 INTRO TO ECONOMIC REASONING. 4.00 points.

Covers basic elements of microeconomic and marcoeconomic reasoning at an introductory level. Topics include Individual Constraints and Preferences, Production by Firms, Market Transactions, Competition, The Distribution of Income, Technological Progress and Growth, Unemployment and Inflation, the Role of Government in the Economy. Note: Students cannot get credit for ECON BC1003 if they have taken the Columbia introductory course ECON W1105 Principles of Economics

Fall 2023: ECON BC1003
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 1003 001/00225 T Th 2:40pm - 3:55pm
504 Diana Center
Homa Zarghamee 4.00 57/60
ECON 1003 002/00226 T Th 11:40am - 12:55pm
Ll103 Diana Center
Rajiv Sethi 4.00 65/63
Spring 2024: ECON BC1003
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 1003 001/00735 M W 10:10am - 11:25am
323 Milbank Hall
Rajiv Sethi 4.00 51/60
ECON 1003 002/00736 T Th 11:40am - 12:55pm
504 Diana Center
Miguel Casares 4.00 62/64

ECON BC1007 MATH METHODS FOR ECONOMICS. 4.00 points.

Covers basic mathematical methods required for intermediate theory courses and upper level electives in economics, with a strong emphasis on applications. Topics include simultaneous equations, functions, partial differentiation, optimization of functions of more than one variable, constrained optimization, and financial mathematics. This course satisfies the Calculus requirement for the Barnard Economics major. NOTE: students who have previously taken Intermediate Micro Theory (ECON BC3035 or the equivalent) are *not* allowed to take Math Methods for Economics

Fall 2023: ECON BC1007
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 1007 001/00224 M W 10:10am - 11:25am
323 Milbank Hall
Mulu Gebreyohannes 4.00 61/66
Spring 2024: ECON BC1007
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 1007 001/00737 T Th 10:10am - 11:25am
Ll103 Diana Center
Mulu Gebreyohannes 4.00 56/60

General Courses

May be taken with minimal previous study of economics.

ECON BC2010 The Economics of Gender. 3 points.

Examination of gender differences in the U.S. and other advanced industrial economies. Topics include the division of labor between home and market, the relationship between labor force participation and family structure, the gender earnings gap, occupational segregation, discrimination, and historical, racial, and ethnic group comparisons.

ECON BC2017 INTRODUCTION TO HEALTH ECONOMICS. 3.00 points.

Prerequisites: (ECON BC1003 or ECON UN1105)
Prerequisites: (ECON BC1003 or ECON UN1105) This course covers the core microeconomic theories and concepts needed to understand health and health care issues in the United States. It describes how the markets for health and health services are different from those for other goods, with an emphasis on providing the tools and skills for understanding health policy and regulations. In addition, it discusses theoretical and empirical aspects of key health economics issues, with a primary focus on applying the tools of economic analysis to understand the basic forces—supply and demand, asymmetric information, incentives, and externalities, for example—that influence health policies

Fall 2023: ECON BC2017
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 2017 001/00271 T Th 6:10pm - 7:25pm
302 Barnard Hall
Rena Rosenberg 3.00 28/36

ECON BC2020 Introduction to Development Economics. 3 points.

Students will be introduced to current issues within development economics, and to fundamental economic concepts explaining economic growth. It will discuss the crosscutting themes of gender equality and environmental sustainability, while approaching topics within economic growth, population growth, human capital, health, agriculture, urbanization, natural resources, conflict, and institutions.

ECON UN2029 FED CHALLENGE WORKSHOP. 1.00 point.

Prerequisites: (ECON UN1105)
Prerequisites: (ECON UN1105) The workshop prepares students to compete in the annual College Fed Challenge sponsored by the Federal Reserve. Topics covered include macroeconomic and financial conditions, monetary policy, financial stability and the Federal Reserve System

Spring 2024: ECON UN2029
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 2029 001/13908 W 12:10pm - 2:00pm
503 Hamilton Hall
Tamrat Gashaw 1.00 13/54

ECON BC2075 Logic and Limits of Economic Justice. 3 points.

BC: Fulfillment of General Education Requirement: Ethics and Values.

Prerequisites: Introduction to Economic Reasoning (ECON BC 1003) or Principles of Economics (ECON W1105). An introductory course in political theory or political philosophy is strongly recommended, but not required.

Introduce students to problems of economic justice under capitalism.  Course has three goals: (1) expose students to debates between economics and philosophers about the meaning and nature of justice, (2) explore conflict between efficiency and justice, (3) examine implications of justice for gender equality, intergenerational equity and climate change.

STEM BC2223 PROGRAMMING BEHAV SCIENCES. 4.00 points.

ECON BC2224 CODING MARKETS. 4.00 points.

Prerequisites: (ECON BC1003 or ECON UN1105)
Prerequisites: (ECON BC1003 or ECON UN1105) Students will learn how to write computer programs that can be used to solve assignment problems, including matching buyers with sellers in electronic financial markets, as well as assignment problems that dont involve prices: matching organ donors with recipients, residents with hospitals, and students with high schools for example. The programming language used will be MATLAB. Suitable for students with little or no programming background

ECHS BC2590 MEASURING HISTORY. 4.00 points.

This course examines big themes in economic and social history-population history and human well-being, inequality and poverty, and gender differences. Using these themes, it adopts a hands-on data-driven approach to introduce tools and concepts of empirical reasoning. Datasets related to each theme create opportunities for learning by doing

Spring 2024: ECHS BC2590
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECHS 2590 001/00810 T Th 6:10pm - 7:25pm
516 Milstein Center
Alan Dye 4.00 18/21

Quantitative Methods

These courses are required for the Economics track and are optional for the Political Economy track.

ECON BC2411 STATISTICS FOR ECONOMICS. 4.00 points.

Elementary computational methods in statistics. Basic techniques in regression analysis of econometric models. One-hour weekly recitation sessions to complement lectures

Fall 2023: ECON BC2411
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 2411 001/00263 T Th 10:10am - 11:25am
Ll001 Milstein Center
Randall Reback 4.00 29/40

ECON BC3018 ECONOMETRICS. 4.00 points.

Prerequisites: ECON BC3033 or ECON BC3035, and ECON BC2411 or STAT W1111 or STAT W1211, or permission of the instructor.
Prerequisites: ECON BC3033 or ECON BC3035, and ECON BC2411 or STAT W1111 or STAT W1211, or permission of the instructor. Specification, estimation and evaluation of economic relationships using economic theory, data, and statistical inference; testable implications of economic theories; econometric analysis of topics such as consumption, investment, wages and unemployment, and financial markets

Fall 2023: ECON BC3018
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3018 001/00232 T Th 1:10pm - 2:25pm
323 Milbank Hall
Morgan Williams 4.00 40/60
Spring 2024: ECON BC3018
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3018 001/00778 T Th 11:40am - 12:55pm
Ll103 Diana Center
Anja Tolonen 4.00 40/55

Core Theory Courses

The courses listed below, required of both Political Economy and Economics track majors, constitute the core of the Barnard Economics major.

ECON BC3033 INTERMEDTE MACROECONOMC THEORY. 4.00 points.

(Description for summer and semester course) Prerequisites: An introductory course in economics and a functioning knowledge of high school algebra and analytical geometry or permission of the instructor. Systematic exposition of current macroeconomic theories of unemployment, inflation, and international financial adjustments

Fall 2023: ECON BC3033
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3033 001/00228 M W 1:10pm - 2:25pm
Ll103 Diana Center
Martina Jasova 4.00 61/61
Spring 2024: ECON BC3033
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3033 001/00739 M W 4:10pm - 5:25pm
504 Diana Center
Miguel Casares 4.00 61/60

ECON BC3035 INTERMEDTE MICROECONOMC THEORY. 4.00 points.

Prerequisites: An introductory course in microeconomics or a combined macro/micro principles course (ECON BC1003 or ECON W1105, or the equivalent) and one semester of calculus or ECON BC1007, or permission of the instructor. Preferences and demand; production, cost, and supply; behavior of markets in partial equilibrium; resource allocation in general equilibrium; pricing of goods and services under alternative market structures; implications of individual decision-making for labor supply; income distribution, welfare, and public policy. Emphasis on problem solving

Fall 2023: ECON BC3035
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3035 001/00229 T Th 1:10pm - 2:25pm
Ll103 Diana Center
Lalith Munasinghe 4.00 33/50
ECON 3035 002/00230 M W 1:10pm - 2:25pm
Ll104 Diana Center
Elizabeth Ananat 4.00 44/50
Spring 2024: ECON BC3035
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3035 001/00740 T Th 1:10pm - 2:25pm
Ll104 Diana Center
Lalith Munasinghe 4.00 37/50

ECON BC3041 THEORETICL FOUNDTNS-POLIT ECON. 3.00 points.

Prerequisites: An introductory course in economics or permission of the instructor. Intellectual origins of the main schools of thought in political economy. Study of the founding texts in classical political economy, Marxian economics, neoclassicism, and Keynesianism

Fall 2023: ECON BC3041
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3041 001/00203 T Th 8:40am - 9:55am
Ll103 Diana Center
Belinda Archibong 3.00 48/55
ECON 3041 002/00205 T Th 10:10am - 11:25am
Ll104 Diana Center
Belinda Archibong 3.00 56/55
Spring 2024: ECON BC3041
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3041 001/00742 M W 2:40pm - 3:55pm
504 Diana Center
David Weiman 3.00 50/45

Upper-Level Elective Courses

The following economics elective courses have as a minimum either ECON BC3033, ECON BC3035, or both as prerequisites.

ECON BC3010 American Wellbeing. 3 points.

Prerequisites: (ECON BC 2411 or STAT W1111 or PSYCH BC1101 or BUSI G6014 or STAT W1211 or SIEO W3600 or SIEO W4150) and (ECON BC1003 or ECON W1105) Students using this course for an economics major must have also previously completed either Intermediate Microeconomic Theory (ECON BC3035) or Intermediate Microeconomics (ECON UN3211).

This course takes a novel approach to examining public policy concepts. The class mission is to construct a “U.S. Wellbeing Index,” a measure of people’s wellbeing in the United States. The process of constructing such an index and debating its shortcomings will provide students with a better understanding of the factors that should guide public policy decisions.  Students successfully completing this course will: (1) develop skills for conducting and interpreting cost-benefit analyses, (2) search the web for relevant economic data and write efficient, well-documented code to download and format those data, (3) interpret time trends for data concerning the economy, human health, and environmental conditions, (4) develop an understanding of how various types of risks affect both individual and societal wellbeing, and (5) understand multiple perspectives in debates over the importance of equity considerations when considering the wellbeing of a society.

ECON BC3011 INEQUALITY AND POVERTY. 3.00 points.

Prerequisites: ECON BC3035 or ECON BC3033, or permission of the instructor. Conceptualization and measurement of inequality and poverty, poverty traps and distributional dynamics, economics and politics of public policies, in both poor and rich countries

Fall 2023: ECON BC3011
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3011 001/00262 T Th 11:40am - 12:55pm
Ll104 Diana Center
Ashley Timmer 3.00 50/58

ECON BC3012 THE ECONOMICS OF EDUCATION. 3.00 points.

Prerequisites: ECON BC3035 and ECON BC2411 or permission of the instructor. Analyzes education policies and education markets from an economic perspective. Examines challenges that arise when researchers attempt to identify the causal effects of inputs. Other topics: (1) education as an investment, (2) public school finance, (3) teacher labor markets, (4) testing/accountability programs, (5) school choice programs, and (6) urban public school reforms

ECON BC3013 Economic History of the United States. 3 points.

BC: Fulfillment of General Education Requirement: Historical Studies (HIS).

Prerequisites: ECON BC3035 or ECON BC3033, or permission of the instructor.

Economic transformation of the United States from a small, open agrarian society in the late colonial era to the leading industrial economy of the 20th century. Emphasis is given to the quantitative, institutional, and spatial dimensions of economic growth, and the relationship between the changing structures of the economy and state.

Fall 2023: ECON BC3013
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3013 001/00227 M W 1:10pm - 2:25pm
504 Diana Center
David Weiman 3 37/40

ECON BC3019 LABOR ECONOMICS. 3.00 points.

Prerequisites: ECON BC3035, or permission of the instructor.
Prerequisites: ECON BC3035, or permission of the instructor. Factors affecting the allocation and remuneration of labor; population structure; unionization and monopsony; education and training, mobility and information; sex and race discrimination; unemployment; and public policy

Fall 2023: ECON BC3019
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3019 001/00233 T Th 4:10pm - 5:25pm
Ll103 Diana Center
Lalith Munasinghe 3.00 25/50

ECON BC3022 Economic History of Europe. 3 points.

Prerequisites: ECON BC3035 or ECON BC3033 (or their equivalents), or permission of the instructor.

An introduction to the transformative economic developments that began in Western Europe and spread globally. This course applies economic and empirical reasoning to analyze the industrial revolution, its underlying causes and consequences, from pre-modern times to the 20th-century emergence of a global economy.

ECON BC3024 MIGRATION & ECONOMIC CHANGE. 3.00 points.

Prerequisites: ECON BC3035 or ECON BC3033
Prerequisites: (Econ BC 3035) or (Econ BC 3033) This course examines a wide variety of topics about migration and its relationship to economic development, globalization, and social and economic mobility. At its core, this course reflects a key reality: that the movement of people--within regions, within countries, and across borders--is both the result of and impetus for economic change

ECON UN3025 FINANCIAL ECONOMICS. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201
Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201 Institutional nature and economic function of financial markets. Emphasis on both domestic and international markets (debt, stock, foreign exchange, eurobond, eurocurrency, futures, options, and others). Principles of security pricing and portfolio management; the Capital Asset Pricing Model and the Efficient Markets Hypothesis

Fall 2023: ECON UN3025
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3025 001/11140 M W 11:40am - 12:55pm
417 International Affairs Bldg
Tamrat Gashaw 3.00 88/150
Spring 2024: ECON UN3025
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3025 001/13910 M W 10:10am - 11:25am
428 Pupin Laboratories
Tamrat Gashaw 3.00 61/125
ECON 3025 003/00738 T Th 1:10pm - 2:25pm
304 Barnard Hall
Elham Saeidinezhad 3.00 93/100

ECON BC3026 Economics of the Public Sector. 3 points.

Prerequisites: (ECON BC3035 or ECON UN3211)

The purpose of the course is to think about public policy issues through an economic lens. We will explore the basic economic foundations of individual decision-making and discuss the ways in which economists hypothesize that individuals respond to the incentives embedded within public policies. We will pay particular attention to the nature and detail of existing public policies, and use economic analysis to predict how these policies might influence behavior. We will also explore some of the relevant empirical literature on a set of policy topics, to see how these predictions hold up.

Fall 2023: ECON BC3026
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3026 001/00264 M W 2:40pm - 3:55pm
328 Milbank Hall
Elizabeth Ananat 3 39/50

ECON BC3029 EMPIRICAL APPROACHES DEVLPMNT. 3.00 points.

Prerequisites: (ECON BC3035 or ECON BC3033) and ECON UN3412 ECON BC3035 or ECON BC3033 and Econometrics, or permission of the instructor.

Examination of new challenges in the global economy from unequal income distribution and poor institutions to health epidemics and natural disasters. Accessing and analyzing real-time and historic data to understand the current global economy.  Applied econometric techniques.

Spring 2024: ECON BC3029
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3029 001/00779 T Th 2:40pm - 3:55pm
203 Diana Center
Anja Tolonen 3.00 22/30

ECON BC3031 Economics of Life. 3 points.

Prerequisites: ECON BC3035 ECON BC3018 Econometrics previously or concurrently taken is highly recommended.

This course covers an immense variety of topics in what might be called demographic economics. Included are dating and marriage, along with the economics of beauty; fertility and its avoidance; how people use their time, and what determines those uses, including some discussion of labor-force behavior; interactions among family members—bargaining in the household and with family members outside the household; divorce; the economics of addiction, to such agents as alcohol, other drugs, tobacco and even work; religion, including its effects on economic outcomes; and death, including how we die, how long we live, and the nature and determinants of bequests. The central unifying feature throughout the course is the concentration on the economics of these activities and outcomes—the roles of incentives and institutions in affecting them.

ECON BC3038 INTERNATIONAL MONEY & FINANCE. 3.00 points.

Prerequisites: ECON BC3033. Introduction to balance of payments and exchange rate theory; capital mobility and expectations; internal and external adjustment under fixed and flexible exchange rates; international financial markets; capital mobility and expectations; international policy coordination and optimum currency areas; history of the international monetary system

Spring 2024: ECON BC3038
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3038 001/00741 M W 11:40am - 12:55pm
328 Milbank Hall
Miguel Casares 3.00 47/54

ECON BC3039 Environmental and Natural Resource Economics. 3 points.

Prerequisites: ECON BC1003 or ECON W1105. Prerequisite for Economics majors: ECON BC3035.

Link between economic behavior and environmental quality: valuation of non-market benefits of pollution abatement; emissions standards; taxes; and transferable discharge permits. Specific problems of hazardous waste; the distribution of hazardous pollutants across different sub-groups of the U.S. population; the exploitation of commonly owned natural resources; and the links between the environment, income distribution, and economic development.

Fall 2023: ECON BC3039
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3039 001/00677 T Th 2:40pm - 3:55pm
Ll104 Diana Center
Belinda Archibong 3 30/45

ECON BC3043 Monetary Theory & Policy. 3.00 points.

Prerequisites: ECON BC3033 and ECON BC3035
This course deals with topics in both monetary theory and monetary policy and is designed for students interested in monetary economics and/or those aiming at working in policy institutions such as central banks. Monetary economics examines the relationship between real economic variables at the aggregate level and nominal variables (such as the inflation rate, nominal interest rates, nominal exchange rates, and the supply of money). Therefore, monetary economics overlaps significantly with macroeconomics. However, students in this class learn the "Money View" framework as their analytical tool as it provides a more in-depth treatment of money and central banking than is customary in standard macroeconomics textbooks

Spring 2024: ECON BC3043
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3043 001/00743 T Th 6:10pm - 7:25pm
323 Milbank Hall
Elham Saeidinezhad 3.00 42/50

ECON BC3048 Introduction to Behavioral Economics. 3.00 points.

Prerequisites: ECON BC3035
This course reviews the assumption of rationality in microeconomic theory and presents evidence (primarily from experimental psychology and economics) of how judgement and decision-making systematically deviate from what rationality predicts

ECON BC3098 GUIDED RESEARCH IN ECONOMICS. 1.00-2.00 points.

1 or 2 points

Prerequisites: Instructor's permission
Prerequisites: Instructors permission Provides students with the experience of participating in the research process by matching them to a faculty mentor who will put them to work on one of his or her current research projects

Fall 2023: ECON BC3098
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3098 001/00783  
Belinda Archibong 1.00-2.00 2/4
ECON 3098 002/00851  
Martina Jasova 1.00-2.00 0/3
Spring 2024: ECON BC3098
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3098 001/00844  
Martina Jasova 1.00-2.00 6/7
ECON 3098 002/00880  
Belinda Archibong 1.00-2.00 0/4
ECON 3098 003/00889  
Rajiv Sethi 1.00-2.00 1/1

ECON BC3099 INDEPENDENT STUDY. 1.00-4.00 points.

Prerequisites: ECON BC3033 or ECON BC3035 or permission of the instructor. Topic(s), requirements, workload and point value to be determined in consultation with faculty advisor. Forms available at the Office of the Registrar

Fall 2023: ECON BC3099
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3099 001/00682  
Elham Saeidinezhad 1.00-4.00 11/20
ECON 3099 002/00683  
Mulu Gebreyohannes 1.00-4.00 8/10
ECON 3099 003/00787  
Lalith Munasinghe 1.00-4.00 2/10
ECON 3099 004/00788  
Ashley Timmer 1.00-4.00 0/10
ECON 3099 005/00798  
Randall Reback 1.00-4.00 2/2
ECON 3099 006/00806  
Rajiv Sethi 1.00-4.00 1/5

ECON UN3265 MONEY AND BANKING. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 or the equivalent. Introduction to the principles of money and banking. The intermediary institutions of the American economy and their historical developments, current issues in monetary and financial reform

Fall 2023: ECON UN3265
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3265 001/00680 T Th 2:40pm - 3:55pm
Ll002 Milstein Center
Elham Saeidinezhad 3.00 88/100
Spring 2024: ECON UN3265
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3265 001/13939 T Th 2:40pm - 3:55pm
301 Uris Hall
Tri Vi Dang 3.00 148/150

Senior Requirement

Economics majors must take EITHER Senior Thesis I and Senior Thesis II OR a Senior Seminar  plus an additional upper-level economics elective.

ECON BC3061 SENIOR THESIS I. 4.00 points.

Prerequisites: Permission of the instructor and completion of all courses (except for the senior requirement) required for the economics track, political economy track, or economics and mathematics majors. Exceptions to these prerequisites may be granted by the chair of the department only. Tutorials and conferences on the research for and writing of the senior thesis. This is the 1st semester of a two-semester course sequence

Fall 2023: ECON BC3061
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3061 001/00269 T 11:00am - 12:40pm
Room TBA
Elizabeth Ananat 4.00 8/8
ECON 3061 002/00270 M 11:00am - 12:50pm
403 Barnard Hall
Martina Jasova 4.00 6/8
ECON 3061 003/00746 W 10:10am - 12:00pm
214 Milbank Hall
Belinda Archibong 4.00 7/8

ECON BC3062 SENIOR THESIS II. 4.00 points.

Prerequisites: Permission of the instructor and completion of all courses (except for the senior requirement) required for the economics track, political economy track, or economics and mathematics majors. Exceptions to these prerequisites may be granted by the chair of the department only. Tutorials and conferences on the research for and writing of the senior thesis. This is the 2nd semester of a two-semester course sequence

Spring 2024: ECON BC3062
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3062 001/00745  
Elizabeth Ananat 4.00 9/8
ECON 3062 002/00746 M 11:00am - 12:50pm
308 Diana Center
Martina Jasova 4.00 8/8
ECON 3062 003/00747 T 10:10am - 12:00pm
407 Barnard Hall
Belinda Archibong 4.00 6/8

ECON BC3063 SENIOR SEMINAR. 4.00 points.

Prerequisites: Permission of the instructor and the completion of all courses (except for the senior requirement) required for the economics track, political economy track, or economics and mathematics majors. Exceptions to these prerequisites may be granted by the chair of the department only. Seminar sections are limited to 15 students. A topic in economic theory or policy of the instructors choice. See department for current topics and for senior requirement preference forms

Fall 2023: ECON BC3063
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3063 001/00265 T 2:10pm - 4:00pm
Ll016 Milstein Center
Rajiv Sethi 4.00 16/16
ECON 3063 002/00266 Th 12:10pm - 2:00pm
119 Milstein Center
Anja Tolonen 4.00 15/16
ECON 3063 003/00267 T 4:10pm - 6:00pm
407 Barnard Hall
Morgan Williams 4.00 5/16
ECON 3063 004/00681 Th 6:10pm - 8:00pm
406 Barnard Hall
Elham Saeidinezhad 4.00 16/16
Spring 2024: ECON BC3063
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3063 001/00748 Th 4:10pm - 6:00pm
Ll016 Milstein Center
Lalith Munasinghe 4.00 20/20
ECON 3063 003/00749 M 2:10pm - 4:00pm
237 Milbank Hall
Martina Jasova 4.00 18/16

Cross-Listed Courses

Economics

ECON UN1105 PRINCIPLES OF ECONOMICS. 4.00 points.

Corequisites: ECON UN1155
Corequisites: ECON UN1155 How a market economy determines the relative prices of goods, factors of production, and the allocation of resources and the circumstances under which it does it efficiently. Why such an economy has fluctuations and how they may becontrolled

Fall 2023: ECON UN1105
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 1105 001/11136 M W 8:40am - 9:55am
501 Schermerhorn Hall
Sunil Gulati 4.00 210/220
ECON 1105 002/11137 T Th 4:10pm - 5:25pm
309 Havemeyer Hall
Waseem Noor 4.00 180/189
ECON 1105 003/11138 T Th 8:40am - 9:55am
309 Havemeyer Hall
Miguel Urquiola 4.00 196/200
Spring 2024: ECON UN1105
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 1105 001/13904 M W 8:40am - 9:55am
501 Schermerhorn Hall
Sunil Gulati 4.00 177/210
ECON 1105 002/13905 T Th 2:40pm - 3:55pm
309 Havemeyer Hall
Waseem Noor 4.00 182/210
ECON 1105 003/13906 T Th 1:10pm - 2:25pm
301 Uris Hall
Brendan O'Flaherty 4.00 129/189

ECON UN2029 FED CHALLENGE WORKSHOP. 1.00 point.

Prerequisites: (ECON UN1105)
Prerequisites: (ECON UN1105) The workshop prepares students to compete in the annual College Fed Challenge sponsored by the Federal Reserve. Topics covered include macroeconomic and financial conditions, monetary policy, financial stability and the Federal Reserve System

Spring 2024: ECON UN2029
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 2029 001/13908 W 12:10pm - 2:00pm
503 Hamilton Hall
Tamrat Gashaw 1.00 13/54

ECON UN2105 THE AMERICAN ECONOMY. 3.00 points.

Prerequisites: ECON UN1105
Prerequisites: ECON UN1105 The course surveys issues of interest in the American economy, including economic measurement, well-being and income distribution, business cycles and recession, the labor and housing markets, saving and wealth, fiscal policy, banking and finance, and topics in central banking. We study historical issues, institutions, measurement, current performance and recent research

Fall 2023: ECON UN2105
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 2105 001/11730 T Th 11:40am - 12:55pm
517 Hamilton Hall
Claudia Halbac 3.00 78/86

STEM BC2223 PROGRAMMING BEHAV SCIENCES. 4.00 points.

ECON UN2257 THE GLOBAL ECONOMY. 3.00 points.

Prerequisites: ECON UN1105
Prerequisites: ECON UN1105 Covers five areas within the general field of international economics: (i) microeconomic issues of why countries trade, how the gains from trade are distributed, and protectionism; (ii) macroeconomic issues such as exchange rates, balance of payments and open economy macroeconomic adjustment, (iii) the role of international institutions (World Bank, IMF, etc); (iv) economic development and (v) economies in transition

Spring 2024: ECON UN2257
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 2257 001/13909 T Th 11:40am - 12:55pm
301 Pupin Laboratories
Waseem Noor 3.00 121/189

ECON UN3025 FINANCIAL ECONOMICS. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201
Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201 Institutional nature and economic function of financial markets. Emphasis on both domestic and international markets (debt, stock, foreign exchange, eurobond, eurocurrency, futures, options, and others). Principles of security pricing and portfolio management; the Capital Asset Pricing Model and the Efficient Markets Hypothesis

Fall 2023: ECON UN3025
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3025 001/11140 M W 11:40am - 12:55pm
417 International Affairs Bldg
Tamrat Gashaw 3.00 88/150
Spring 2024: ECON UN3025
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3025 001/13910 M W 10:10am - 11:25am
428 Pupin Laboratories
Tamrat Gashaw 3.00 61/125
ECON 3025 003/00738 T Th 1:10pm - 2:25pm
304 Barnard Hall
Elham Saeidinezhad 3.00 93/100

ECON UN3211 INTERMEDIATE MICROECONOMICS. 4.00 points.

Prerequisites: ECON UN1105 and MATH UN1101 and (MATH UN1201 or MATH UN1207)
Prerequisites: ECON UN1105 and MATH UN1101 and (MATH UN1201 or MATH UN1207) The determination of the relative prices of goods and factors of production and the allocation of resources

Fall 2023: ECON UN3211
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3211 001/11141 M W 1:10pm - 2:25pm
614 Schermerhorn Hall
Susan Elmes 4.00 80/110
ECON 3211 002/11731 T Th 11:40am - 12:55pm
312 Mathematics Building
Caterina Musatti 4.00 92/110
ECON 3211 003/11142 T Th 6:10pm - 7:25pm
310 Fayerweather
Qi Ge 4.00 77/96
Spring 2024: ECON UN3211
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3211 001/13918 T Th 4:10pm - 5:25pm
310 Fayerweather
Murat Yilmaz 4.00 77/96
ECON 3211 002/13920 M W 11:40am - 12:55pm
310 Fayerweather
Isaac Bjorke 4.00 94/96
ECON 3211 003/13924 M W 1:10pm - 2:25pm
310 Fayerweather
Isaac Bjorke 4.00 95/96
ECON 3211 004/13926 T Th 11:40am - 12:55pm
310 Fayerweather
Caterina Musatti 4.00 73/96

ECON UN3213 INTERMEDIATE MACROECONOMICS. 4.00 points.

Prerequisites: (MATH UN1101 or MATH UN1207) and ECON UN1105 or the equivalent.
Corequisites: MATH UN1201
Prerequisites: (MATH UN1101 or MATH UN1207) and ECON UN1105 or the equivalent. Corequisites: MATH UN1201 This course covers the determination of output, employment, inflation and interest rates. Topics include economic growth, business cycles, monetary and fiscal policy, consumption and savings and national income accounting

Fall 2023: ECON UN3213
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3213 001/11145 M W 8:40am - 9:55am
309 Havemeyer Hall
Xavier Sala-I-Martin 4.00 269/325
ECON 3213 002/11147 T Th 4:10pm - 5:25pm
142 Uris Hall
Irasema Alonso 4.00 96/96
Spring 2024: ECON UN3213
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3213 001/13930 M W 2:40pm - 3:55pm
702 Hamilton Hall
Émilien Gouin-Bonenfant 4.00 79/86
ECON 3213 002/13932 M W 4:10pm - 5:25pm
702 Hamilton Hall
Miles Leahey 4.00 72/86
ECON 3213 003/13934 T Th 2:40pm - 3:55pm
203 Mathematics Building
Irasema Alonso 4.00 120/110

ECON UN3265 MONEY AND BANKING. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 or the equivalent. Introduction to the principles of money and banking. The intermediary institutions of the American economy and their historical developments, current issues in monetary and financial reform

Fall 2023: ECON UN3265
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3265 001/00680 T Th 2:40pm - 3:55pm
Ll002 Milstein Center
Elham Saeidinezhad 3.00 88/100
Spring 2024: ECON UN3265
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3265 001/13939 T Th 2:40pm - 3:55pm
301 Uris Hall
Tri Vi Dang 3.00 148/150

ECON UN3412 INTRODUCTION TO ECONOMETRICS. 4.00 points.

Prerequisites: (ECON UN3211 or ECON UN3213) and (MATH UN1201 or MATH UN1207) and STAT UN1201
Prerequisites: (ECON UN3211 or ECON UN3213) and (MATH UN1201 or MATH UN1207) and STAT UN1201 Modern econometric methods; the general linear statistical model and its extensions; simultaneous equations and the identification problem; time series problems; forecasting methods; extensive practice with the analysis of different types of data

Fall 2023: ECON UN3412
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3412 001/11150 M W 4:10pm - 5:25pm
209 Havemeyer Hall
Seyhan Erden 4.00 115/110
ECON 3412 002/11152 M W 2:40pm - 3:55pm
209 Havemeyer Hall
Jushan Bai 4.00 62/96
ECON 3412 003/11153 T Th 11:40am - 12:55pm
602 Hamilton Hall
Tamrat Gashaw 4.00 27/86
Spring 2024: ECON UN3412
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 3412 001/13941 T Th 4:10pm - 5:25pm
203 Mathematics Building
Seyhan Erden 4.00 104/110
ECON 3412 002/13942 M W 11:40am - 12:55pm
702 Hamilton Hall
Thomas Piskula 4.00 79/86
ECON 3412 003/13944 T Th 1:10pm - 2:25pm
142 Uris Hall
Michael Best 4.00 75/86

ECON GU4020 ECON OF UNCERTAINTY & INFORMTN. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201
Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201 Topics include behavior uncertainty, expected utility hypothesis, insurance, portfolio choice, principle agent problems, screening and signaling, and information theories of financial intermediation

Fall 2023: ECON GU4020
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4020 001/11156 T Th 4:10pm - 5:25pm
214 Pupin Laboratories
Pierre-Andre Chiappori 3.00 16/50
Spring 2024: ECON GU4020
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4020 001/15027 M W 4:10pm - 5:25pm
516 Hamilton Hall
Ingmar Nyman 3.00 33/50

ECON GU4211 ADVANCED MICROECONOMICS. 4.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 and MATH UN2010 Students must register for required discussion section.
Corequisites: MATH UN2500,MATH GU4061
Prerequisites: ECON UN3211 and ECON UN3213 and MATH UN2010 Students must register for required discussion section. Corequisites: MATH UN2500 or MATH GU4061 The course provides a rigorous introduction to microeconomics. Topics will vary with the instructor but will include consumer theory, producer theory, general equilibrium and welfare, social choice theory, game theory and information economics. This course is strongly recommended for students considering graduate work in economics. Discussion section required

Spring 2024: ECON GU4211
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4211 001/13949 M W 1:10pm - 2:25pm
417 Mathematics Building
Susan Elmes 4.00 13/64

ECON GU4213 ADVANCED MACROECONOMICS. 4.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412 and MATH UN2010 Required discussion section ECON GU4214
Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412 and MATH UN2010 Required discussion section ECON GU4214 An introduction to the dynamic models used in the study of modern macroeconomics. Applications of the models will include theoretical issues such as optimal lifetime consumption decisions and policy issues such as inflation targeting. This course is strongly recommended for students considering graduate work in economics

Fall 2023: ECON GU4213
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4213 001/11157 T Th 1:10pm - 2:25pm
503 Hamilton Hall
Jennifer La'O 4.00 22/54

ECON GU4228 Urban Economics. 3 points.

Prerequisites: ECON UN3211 and ECON UN3213

Congestion and other games, and the pricing of transit services. Location theory and land rents. Segregation and discrimination. The fiscal structure of American cities. Zoning and the taking issue. Abandonment and city-owned property. Economic development, abatements, subsidies, and eminent domain. Crime, deadweight losses, and the allocation of police services.

ECON GU4230 ECONOMICS OF NEW YORK CITY. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201
Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201 This course takes New York as our laboratory. Economics is about individual choice subject to constraints and the ways that choices sum up to something often much more than the parts. The fundamental feature of any city is the combination of those forces that bring people together and those that push them apart. Thus both physical and social space will be central to our discussions. The underlying theoretical and empirical analysis will touch on spatial aspects of urban economics, regional, and even international economics. We will aim to see these features in New York City taken as a whole, as well as in specific neighborhoods of the city. We will match these theoretical and empirical analyses with readings that reflect close observation of specific subjects. The close observation is meant to inspire you to probe deeply into a topic in order that the tools and approaches of economics may illuminate these issues in a fresh way

Spring 2024: ECON GU4230
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4230 001/13960 T Th 10:10am - 11:25am
614 Schermerhorn Hall
Donald Davis 3.00 41/110

ECON GU4251 INDUSTRIAL ORGANIZATION. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213
Prerequisites: ECON UN3211 and ECON UN3213 The study of industrial behavior based on game-theoretic oligopoly models. Topics include pricing models, strategic aspects of business practice, vertical integration, and technological innovation

Fall 2023: ECON GU4251
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4251 001/11159 M W 4:10pm - 5:25pm
602 Hamilton Hall
Gautam Gowrisankaran 3.00 43/86
Spring 2024: ECON GU4251
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4251 001/13962 T Th 10:10am - 11:25am
717 Hamilton Hall
Pietro Tebaldi 3.00 48/86

ECON GU4280 CORPORATE FINANCE. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201
Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201 An introduction to the economics principles underlying the financial decisions of firms. The topics covered include bond and stock valuations, capital budgeting, dividend policy, market efficiency, risk valuation, and risk management. For information regarding REGISTRATION for this course, go to: http://econ.columbia.edu/registration-information

Fall 2023: ECON GU4280
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4280 001/11160 M W 10:10am - 11:25am
313 Fayerweather
Haran Segram 3.00 80/75
ECON 4280 002/11161 T Th 4:10pm - 5:25pm
602 Hamilton Hall
Tri Vi Dang 3.00 91/86
Spring 2024: ECON GU4280
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4280 001/13967 M W 11:40am - 12:55pm
413 Kent Hall
Haran Segram 3.00 76/75
ECON 4280 002/13969 T Th 4:10pm - 5:25pm
614 Schermerhorn Hall
Tri Vi Dang 3.00 84/90

ECON GU4301 ECONOMIC GROWTH & DEVELOPMNT I. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213
Prerequisites: ECON UN3211 and ECON UN3213. Economic development is a complex and multifaceted process. Once considered a goal in itself, more recently it has become to be viewed as the fundamental means to world poverty alleviation. Today, about half of the world population still lives on less than $2 /day. Why? What does it mean to be poor? What are the forces that prevent so many people from enjoying a higher standard of living? The course opens on some fundamental macroeconomic models of economic growth and the recent debate on the geographical or institutional nature of the ultimate causes of growth or arrested development. Then we will move into the most recent microeconomic literature that sheds light on the lives of the poor and on the forces - in particular the market distortions and the market failures - that keep billions in poverty. Among others, we will discuss interesting topics like nutrition and health, the cultural origins of corruption, the effect of global warming, and the design of effective anti-poverty programs

Fall 2023: ECON GU4301
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4301 001/11162 M W 1:10pm - 2:25pm
310 Fayerweather
Xavier Sala-I-Martin 3.00 72/96

ECON GU4321 ECONOMIC DEVELOPMENT. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213
Prerequisites: ECON UN3211 and ECON UN3213 Historical comparative examination of the economic development problems of the less developed countries; the roles of social institutions and human resource development; the functions of urbanization, rural development, and international trade

ECON GU4325 ECONOMIC DEVELOPMENT OF JAPAN. 3.00 points.

CC/GS/SEAS: Partial Fulfillment of Global Core Requirement

Prerequisites: ECON UN3211 and ECON UN3213
Prerequisites: ECON UN3211 and ECON UN3213 The growth and structural changes of the post-World War II economy; its historical roots; interactions with cultural, social, and political institutions; economic relations with the rest of the world

Fall 2023: ECON GU4325
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4325 001/11163 T Th 8:40am - 9:55am
501 Northwest Corner
David Weinstein 3.00 74/125

ECON GU4370 POLITICAL ECONOMY. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201 or POLS 4710 for those who declared prior to Spring 2014.
The objective of this course is to develop understanding of how political institutions and behavior shape economic outcomes, and vice versa. Starting from the micro level study of political behavior, we will build up to analyze the internal workings of institutions and ultimately macro level economic and political outcomes. During the course we will cover the following topics • Limits and potential of markets • Public goods provision • Voting • Redistribution

Fall 2023: ECON GU4370
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4370 001/11164 M W 10:10am - 11:25am
717 Hamilton Hall
Alessandra Casella 3.00 33/70

ECON GU4400 LABOR ECONOMICS. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213

The labor force and labor markets, educational and man power training, unions and collective bargaining, mobility and immobility, sex and race discrimination, unemployment.

Fall 2023: ECON GU4400
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4400 001/12411 T Th 10:10am - 11:25am
503 Hamilton Hall
Tatiana Mocanu 3.00 16/54

ECON GU4412 ADVANCED ECONOMETRICS. 4.00 points.

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412 and MATH UN2010 Students must register for required discussion section.
Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412 and MATH UN2010 Students must register for required discussion section. The linear regression model will be presented in matrix form and basic asymptotic theory will be introduced. The course will also introduce students to basic time series methods for forecasting and analyzing economic data. Students will be expected to apply the tools to real data

Fall 2023: ECON GU4412
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4412 001/11166 T Th 10:10am - 11:25am
603 Hamilton Hall
Serena Ng 4.00 17/54

ECON GU4415 GAME THEORY. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213
Prerequisites: ECON UN3211 and ECON UN3213 Introduction to the systematic treatment of game theory and its applications in economic analysis

Fall 2023: ECON GU4415
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4415 001/11167 M W 8:40am - 9:55am
310 Fayerweather
Prajit Dutta 3.00 64/96
Spring 2024: ECON GU4415
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4415 001/13976 M W 10:10am - 11:25am
309 Havemeyer Hall
Evan Sadler 3.00 60/110

ECON GU4465 PUBLIC ECONOMICS. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213
Prerequisites: ECON UN3211 and ECON UN3213 Types of market failures and rationales for government intervention in the economy. Benefit-cost analysis and the theory of public goods. Positive and normative aspects of taxation. The U.S. tax structure

Fall 2023: ECON GU4465
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4465 001/11169 M W 2:40pm - 3:55pm
140 Uris Hall
Wojciech Kopczuk 3.00 24/50
Spring 2024: ECON GU4465
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4465 001/13979 M W 11:40am - 12:55pm
233 Seeley W. Mudd Building
Timothy Goodspeed 3.00 34/45

ECON GU4480 GENDER & APPLIED ECONOMICS. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213
Prerequisites: ECON UN3211 and ECON UN3213 This course studies gender gaps, their extent, determinants and consequences. The focus will be on the allocation of rights in different cultures and over time, why women's rights have typically been more limited and why most societies have traditionally favored males in the allocation of resources

Fall 2023: ECON GU4480
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4480 001/11170 T Th 4:10pm - 5:25pm
140 Uris Hall
Lena Edlund 3.00 23/54

ECON GU4500 INTERNATIONAL TRADE. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213
Prerequisites: ECON UN3211 and ECON UN3213 The theory of international trade, comparative advantage and the factor endowments explanation of trade, analysis of the theory and practice of commercial policy, economic integration. International mobility of capital and labor; the North-South debate

Fall 2023: ECON GU4500
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4500 001/11171 T Th 2:40pm - 3:55pm
141 Uris Hall
Waseem Noor 3.00 44/63

ECON GU4750 GLOBALIZATION & ITS RISKS. 3.00 points.

Prerequisites: ECON UN3211 and ECON UN3213
Prerequisites: ECON UN3211 and ECON UN3213 The world is being transformed by dramatic increases in flows of people, goods and services across nations. Globalization has the potential for enormous gains but is also associated to serious risks. The gains are related to international commerce where the industrial countries dominate, while the risks involve the global environment, poverty and the satisfaction of basic needs that affect in great measure the developing nations. Both are linked to a historical division of the world into the North and the South-the industrial and the developing nations. Key to future evolution are (1) the creation of new markets that trade privately produced public goods, such as knowledge and greenhouse gas emissions, as in the Kyoto Protocol; (2) the updating of the Breton Woods Institutions, including the creation of a Knowledge Bank and an International Bank for Environmental Settlements

Spring 2024: ECON GU4750
Course Number Section/Call Number Times/Location Instructor Points Enrollment
ECON 4750 001/13982 M W 5:40pm - 6:55pm
517 Hamilton Hall
Graciela Chichilnisky 3.00 76/86

Industrial Engineering and Operations Research

IEOR E2261 ACCOUNTING AND FINANCE. 3.00 points.

Lect: 3.

Prerequisites: (ECON UN1105)
For undergraduates only. Examines the fundamental concepts of financial accounting and finance, from the perspective of both managers and investors. Key topics covered include principles of accrual accounting; recognizing and recording accounting transactions; preparation and analysis of financial statements; ratio analysis; pro-forma projections; time value of money (present values, future values and interest/discount rates); inflation; discounted-cash-flow (DCF) project evaluation methods; deterministic and probabilistic measures of risk; capital budgeting

Fall 2023: IEOR E2261
Course Number Section/Call Number Times/Location Instructor Points Enrollment
IEOR 2261 001/12327 F 10:10am - 12:40pm
614 Schermerhorn Hall
Nadejda Zaets 3.00 106/120