ECON 140. 2-5 Units. ECON 241. Historical and international comparisons.. Prerequisites: ECON 51 (Public Policy majors may take PUBLPOL 51 as a substitute for ECON 51), ECON 102B. Applicable to those students with an interest in technology company formation, growth and finance including interaction with Wall Street. Cross-listed with the Law School (Law 7506 and Law 7507). Available Closed Wait List Delivery Option. 5 Units. 1-10 Unit. Applied Econometrics. ECON 291. 2-5 Units. 3-5 Units. This class will focus on several topics in auction market design and related areas. Theory of the consumer and the implications of constrained maximization; uses of indirect utility and expenditure functions; theory of the producer, profit maximization, and cost minimization; monotone comparative statics; behavior under uncertainty; partial equilibrium analysis and introduction to models of general equilibrium. Economics of Health Improvement in Developing Countries. Economic regulation refers to policies in which government controls prices and/or decides the terms and conditions under which firms can participate in a market. 5 Units. Limited enrollment. 2 Units. Earnings inequality. Likely topics include: theory of strategic communication; persuasion; media; advertising and brands; financial analysis and disclosure; political communication; text analysis using machine learning and natural language processing methods. Enrollment is by application only and will be capped at 25, with priority given to upper level undergraduates in Economics and Earth Systems and graduate students (graduate students enroll in 206). This summer we will again be offering Stanford’s Principles of Economics course online. The course will highlight the roles of economic history in modern economics, the use of economic theory in guiding hypothesis testing, and the construction of new datasets and the execution of empirical analysis. ECON 162. ECON 279. Open to advanced undergraduates with consent of instructors. 1-10 Unit. blockchain, crypto currencies), new products (e.g. Law is thus essential to civilization. An introduction to the study of the financial lives of households in less developed countries, focusing on savings, credit, informal insurance, the expansion of microfinance, social learning, public finance/redistribution, and social networks. ECON 244. This course focuses on issues in democracies, while Political Economy II focuses on issues in non-democracies. Intended for graduate students. Development Economics I. 2-5 Units. ECON 284. I will add the vocab each week as it is posted. nWe will discuss slowing global growth against the backdrop of ongoing intervention and wildcards in the capital markets of the U.S., Europe, Hong Kong, Singapore, China, India, Japan, the Middle East and Latin America. Limited enrollment. Economic Development and Challenges of East Asia. Application of economics from fields such as public economics, labor economics, macroeconomics, and industrial organization. Economics-Based Econometrics. Analysis and description of labor markets. 5 Units. The construction of such models in single-party situations with emphasis on the role of information. The guiding question will be: when and how do media best serve the social good? Topics in the theory and empirics of economic growth. ECON 14 Navigating Financial Crises … Topics include new mortgage products, foreclosure rules, securitization, credit ratings, credit derivatives, dealer networks, repo financing, implications for prudential regulation & monetary policy. 3-5 Units. ECON 14. Policy topics: Fiscal crises, budget deficits, the national debt and intergenerational equity; tax systems and tax reform; social security and healthcare programs and reforms; transfers to the poor; public goods and externalities; fiscal federalism; public investment and cost-benefit analysis; and the political economy of government decision-making. Topics may include institutional foundations, social choice, electoral competition and candidate positioning, accountability, voter behavior, polarization, media and political communication, redistribution, special interests and lobbying, collective action, immigration, and populism. ETFs, zero-cost products), among others are changing not only how financial and non-financial firms conduct business but also how investors and supervisors view the players and the markets. Submit this documentation to the Econ professor, who has agreed to the student enrolling in their ECON 299 section. To register for the course, go here. Models of heterogeneity: search models of the labor market; precautionary savings and general equilibrium with incomplete markets; constrained efficiency; endogenous market incompleteness and recursive contracts; optimal taxation and redistribution. Prerequisite: understanding of basic calculus and some familiarity with writing basic proofs. 2-5 Units. ECON 199D. Introduction to game theory and its applications to economics. 3-5 Units. Rigorous introduction to game theory and applications. Same as: HRP 249, MED 249. Strategic trade policy; international trade agreements; labor and environmental implications. © Stanford University, Stanford, California 94305. PRINCIPLES OF ECONOMICS, 7th EDITION emphasizes the central idea of economics using real-world examples of how markets work, why markets are efficient when the incentives are right, and why they are inefficient when the incentives are wrong. ECON 290. Markov chain Monte Carlo methods. Grades based on mid-term exam and group modeling project and presentation. 2-5 Units. Topics include: the economic theory of exhaustible resources, Greenhouse Gas Emissions (GHG) control (cap and trade mechanisms and carbon fees), GHG emissions offsets, the Strategic Petroleum Reserve (SPR), the "smart" transmission grid for electricity, nuclear energy and nuclear waste, the real cost of renewable energy, natural gas and coal-fired electricity production, the global coal and natural gas markets, Corporate Average Fuel Efficiency (CAFE) and Low-Carbon Fuel Standards (LCFS), Energy Efficiency Investments and Demand Response, and Carbon Capture and Sequestration (CCS). This is part of a three course sequence (along with ECON 278 & 280-formerly 277) on behavioral and experimental economics. Exploratory Courses. Prerequisites for Political Science PhD students: POLISCI 450A, POLISCI 450B, and POLISCI 356A. The economics of food production, consumption, and trade. 5 Units. We will explore personal finance issues such as taxes, loans, charity, insurance, and pensions. This quarter will focus on topics related to culture, institutions, political and economic development, historical evolution, nondemocratic politics, conflict and cooperation. Foundations of Finance. May be repeated for credit. It will cover dynamic models of growth and development, with a focus on migration; technological change; the functioning of financial markets; barriers to agricultural productivity; informal financial systems (savings, credit, and insurance); and public finance in less developed countries. Tackling Big Questions Using Social Data Science. 5 Units. The approach will be rigorous and analytical but not overly mathematical. Modern portfolio theory and corporate finance. Topics course covering a variety of game theory topics with emphasis on market design, such as matching theory and auction theory. algorithmic trading, AI-driven sales & trading), and new markets (e.g. The second part of the course focuses on the current economic challenges confronting these countries, such as, political economy, human capital, inequality, and entrepreneurship and innovation. Applications include models from all fields of empirical microeconomics Industrial Organization, Labor, Public Finance, and Energy and Environmental Economics. ECON 1. 3 Units. Course combines individual meetings and student presentations, with an aim of initiating dissertation research in industrial organization. Economics of Health and Medical Care. Same as: ECON 252, PUBLPOL 364. Prior to this position, he was the Associate Director of Stanford’s Center for Teaching and Learning for 12 years, the Associate Director of Stanford’s Introductory Limited enrollment. First published Fri Sep 12, 2003; substantive revision Tue Sep 4, 2018. Theoretical contributions as well as empirical analyses will be considered. Design of tax systems, transfers intended to alleviate poverty, the effect of taxes on earnings, fees intended to internalize externalities like pollution, school finance and other forms of fiscal federalism, local public goods such as schools, policy evaluation with behavioral decision makers. No background in game theory is required. Prerequisites: ECON 50. ECON 215. 5 Units. This is the first part of a three course sequence (along with ECON 279 & 280-formerly 277) on behavioral and experimental economics. Throughout the course, we will think critically about the role of the government and how the design of public policy targeting families affect our ability to solve some of the most important social and economic problems of our time. ECON 325. robo advising, digital lending, crowd funding, smart contracts), new trading processes (e.g. Prerequisites: ECON 51 (Public Policy majors may take PUBLPOL 51 as a substitute for ECON 51), ECON 102A. Prerequisite: ECON 1. Students are expected to be familiar with the material in those courses. ECON 44. The discussion will cover methods for estimating, diagnostic testing, and drawing inferences about the underlying economic primitives, including both parametric and non-parametric identification of economic structures. Prerequisites: 210, 211, 212. The theory of contracts, emphasizing contractual incompleteness and the problem of moral hazard. Same as: INTLPOL 224. Students must write term paper. The theory of imperfect competition: static Bertrand and Cournot competition, dynamic oligopoly, entry decisions, entry deterrence, strategic behavior to alter market conditions. Prerequisites: ECON 202, 203, 204, 270, 271, 272. Use of derivatives for hedging. 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