Spring 2018

Corporate Finance and Financial Institutions
This course investigates the financing decisions of companies and financial institutions in the wider context of the workings of financial markets. Topics include capital budgeting, capital structure choice, risk management, liquidity, corporate governance, and the interactions between corporate finance and the workings of financial institutions and markets.
Instructors: Adrien Matray, David Schoenherr
Directed Research
Under the supervision of a faculty member, students carryout research on a directed topic and present results. Students must identify a supervising faculty member and submit a written plan for research and evaluation which must be approved by the supervising faculty member and director of graduate studies.
Econometric Applications
This course provides hands-on experience in the art and science of econometric analysis designed to help students to acquire and master the skills necessary to carry out their own empirical research in economics. Various aspects of empirical research in economics will be covered including 1) development of testable economic models, 2) appropriate use of data, 3) specification and estimation of econometric models. A range of applications will be presented and discussed in class and on problem sets.
Instructors: Henry Stuart Farber
Econometric Modeling
The construction, estimation, and testing of econometric models as a process, from theory to model formulation to estimation and testing and back to theory. Bridging the gap between theory and applied work. A series of topics in macroeconomics time series and microeconomic cross-sectional analysis: consumption at the household and aggregate level, commodity prices, nonparametric and parametrics estimation.
Instructors: Kirill Evdokimov, Christopher A. Sims
Econometric Research Seminar
Drafts of papers, articles, and chapters of dissertations or books, prepared by graduate students, faculty members, or visiting scholars, are exposed to critical analysis by a series of seminars organized by field. The chief objectives are for the writers to receive the benefit of critical suggestions, for all participants to gain experience in criticism and uninhibited oral discussion, and for students and faculty members to become acquainted with the research work going on in the department. Third- and fourth-year graduate students are expected to attend; first-and second-year students and faculty members are invited to attend.
Instructors: Mikkel Plagborg-Moller
Econometric Theory II
This course begins with extensions of the linear model in several directions: (1) pre-determined but not exogenous regressors; (2) heteroskedasticity and serial correlation; (3) classical GLS; (4) instrumental variables and generalized method of movements estimators. Applications include simultaneous equation models, VARS and panel data. Estimation and inference in non-linear models are discussed. Applications include nonlinear least squares, discrete dependent variables (probit, logit, etc.), problems of censoring, truncation and sample selection, and models for duration data.
Instructors: Kirill Evdokimov, Christopher A. Sims
Econometrics: A Mathematical Approach
This course is an introduction to econometrics. Econometrics is a sub-discipline of statistics that provides methods for inferring economic structure from data. This course has two goals. The first goal is to give you means to evaluate an econometric analysis critically and logically. Second, you should be able to analyze a data set methodically and comprehensively using the tools of econometrics.
Instructors: Mikkel Plagborg-Moller
Economic Development II
Selected topics in the economic analysis of development beyond those covered in 562. Topics are selected from the theory and measurement of poverty and inequality; the relationship between growth and poverty; health and education in economic development; saving, growth, population, and development; commodity prices in economic development.
Instructors: Richard Rogerson, Tom Saul Vogl
Economics of Development
This course is divided in two parts. The first examines why some countries are so much richer than others, and critically evaluates different explanations for this phenomenon on theoretical and empirical grounds. The second part deals with selected microeconomic issues related to life in the developing world, examining theories and data on education, health, credit and other topics.
Instructors: Thomas Fujiwara
Economics of Health and Health Care
Health economics is a growing field of applied microeconomics and is an important aspect of public policy in both developed and developing countries. This course explores the health care sector and health policy issues from an economic perspective. We will use microeconomics tools to analyze the functioning of different pieces of the health care system. Topics range from fundamental subjects, such as insurance and demand for health, to more recent developments, such as child health and health behaviors in both the US and developing countries. You should be able to think critically about health-related policy issues by the end of the class.
Instructors: Maria Rosales-Rueda


Undergraduate Courses

Advanced Econometrics: Nonlinear Models
Instructors: Kirill Evdokimov, Michal Kolesár
Advanced Economic Theory II
Instructors: Can Urgun, Juan Pablo Xandri
Advanced Macroeconomic Theory II
Instructors: Nobuhiro Kiyotaki, Ezra Danis Oberfield
American Economic History
Instructors: Elizabeth Chapin Bogan
Asian Capital Markets
Instructors: Jean-Christophe de Swaan