PRINCIPLES OF ECONOMICS

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.

• MW 8:40 a.m.-9:55 a.m.
• MW 11:40 a.m.-12:55 p.m.
• TR 8:40 a.m.-9:55 a.m.
• Instructor: Sunil K Gulati
  CULPA: 113 Info
• Instructor: Prajit K Dutta
  CULPA: 20 Info
• Instructor: Miguel S Urquiola
  CULPA: 1 Info
• 4 points

THE GLOBAL ECONOMY

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.

• TR 2:40 p.m.-3:55 p.m.
• Instructor: Waseem Noor
  CULPA: 7 Info
• 3 points

FINANCIAL ECONOMICS

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.

• MW 2:40 p.m.-3:55 p.m.
• Instructor: Waldo Ojeda
  Info
• 3 points

INTERMEDIATE MICROECONOMICS

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.

• MW 1:10 p.m.-2:25 p.m.
• TR 1:10 p.m.-2:25 p.m.
• Instructor: Susan M Elmes
  CULPA: 44 Info
• Instructor: Caterina Musatti
  CULPA: 2 Info
• 4 points

INTERMEDIATE MACROECONOMICS

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.

• MW 1:10 p.m.-2:25 p.m.
• TR 10:10 a.m.-11:25 a.m.
• Instructor: Xavier Sala-I-Martin
  CULPA: 82 Wikipedia h-index: 80 Info
• Instructor: Emilien Gouin-Bonenfant
  Info
• 4 points

INTRODUCTION TO ECONOMETRICS

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.

• TR 4:10 p.m.-5:25 p.m.
• MW 2:40 p.m.-3:55 p.m.
• TR 5:40 p.m.-6:55 p.m.
• Instructor: Seyhan Erden
  CULPA: 7 Info
• Instructor: Jushan Bai
  CULPA: 6 Wikipedia h-index: 52 Info
• Instructor: Thomas Piskula
  Info
• 4 points

ADVANCED MACROECONOMICS

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.

• TR 4:10 p.m.-5:25 p.m.
• Instructor: Irasema Alonso
  CULPA: 12 Info
• 4 points

INDUSTRIAL ORGANIZATION

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.

• MW 2:40 p.m.-3:55 p.m.
• Instructor: Pietro Tebaldi
  Info
• 3 points

MARKET DESIGN

Prerequisites: ECON UN3211 and ECON UN3213 and STAT UN1201 This course uses modern microeconomic tools for understanding markets for indivisible resources and exploring ways to improve their design in terms of stability, efficiency and incentives. Lessons of market design will be applied to developing internet platforms for intermediating exchanges, for auctions to allocate sponsored search advertising, to allocate property rights such as public lands, radio spectrums, fishing rights, for assigning students to public schools, and for developing efficient kidney exchanges for transplantation.

• TR 11:40 a.m.-12:55 p.m.
• Instructor: Murat Yilmaz
  Info
• 3 points

CORPORATE FINANCE

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.

• TR 11:40 a.m.-12:55 p.m.
• TR 4:10 p.m.-5:25 p.m.
• Instructor: Haran Segram
  Info
• Instructor: Tri Vi Dang
  CULPA: 9 h-index: 10 Info
• 3 points

ECONOMIC GROWTH & DEVELOPMNT I

Prerequisites: ECON UN3211 and ECON UN3213 Empirical findings on economic development, theoretical development models; problems of efficient resource allocation in a growing economy; balanced and unbalanced growth in closed and open economic systems; the role of capital accumulation and innovation in economic growth.

• MW 8:40 a.m.-9:55 a.m.
• Instructor: Xavier Sala-I-Martin
  CULPA: 82 Wikipedia h-index: 80 Info
• 3 points

ECONOMIC DEVELOPMENT

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.

• TR 2:40 p.m.-3:55 p.m.
• Instructor: Jack J Willis
  h-index: 3 Info
• 3 points

POLITICAL ECONOMY

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

• MW 10:10 a.m.-11:25 a.m.
• Instructor: Alessandra Casella
  CULPA: 8 Wikipedia h-index: 30 Info
• 3 points

ADVANCED ECONOMETRICS

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.

• TR 10:10 a.m.-11:25 a.m.
• Instructor: Serena Ng
  CULPA: 10 Wikipedia h-index: 52 Info
• 4 points

GAME THEORY

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

• MW 10:10 a.m.-11:25 a.m.
• Instructor: Evan D Sadler
  Info
• 3 points

INTERNATIONAL TRADE

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.

• TR 10:10 a.m.-11:25 a.m.
• Instructor: Waseem Noor
  CULPA: 7 Info
• 3 points

BEHAVIORAL ECONOMICS

Prerequisites: ECON UN3211 and ECON UN3213 Within economics, the standard model of behavior is that of a perfectly rational, self interested utility maximizer with unlimited cognitive resources. In many cases, this provides a good approximation to the types of behavior that economists are interested in. However, over the past 30 years, experimental and behavioral economists have documented ways in which the standard model is not just wrong, but is wrong in ways that are important for economic outcomes. Understanding these behaviors, and their implications, is one of the most exciting areas of current economic inquiry. The aim of this course is to provide a grounding in the main areas of study within behavioral economics, including temptation and self control, fairness and reciprocity, reference dependence, bounded rationality and choice under risk and uncertainty. For each area we will study three things: 1. The evidence that indicates that the standard economic model is missing some important behavior 2. The models that have been developed to capture these behaviors 3. Applications of these models to (for example) finance, labor and development economics As well as the standard lectures, homework assignments, exams and so on, you will be asked to participate in economic experiments, the data from which will be used to illustrate some of the principals in the course. There will also be a certain small degree of classroom ‘flipping’, with a portion of many lectures given over to group problem solving. Finally, an integral part of the course will be a research proposal that you must complete by the end of the course, outlining a novel piece of research that you would be interested in doing.

• MW 11:40 a.m.-12:55 p.m.
• Instructor: Mark Dean
  CULPA: 2 h-index: 26 Info
• 3 points

MICROECONOMICS SEMINAR

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412  Selected topics in microeconomics.

• Instructor: Susan M Elmes
  CULPA: 44 Info
• 4 points

MICROECONOMICS SEMINAR

SPORTS ECONOMIS

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412  Selected topics in microeconomics.

• M 2:10 p.m.-4 p.m.
• Instructor: Sunil K Gulati
  CULPA: 113 Info
• 4 points

MICROECONOMICS SEMINAR

GENDER & ECONOMICS

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412  Selected topics in microeconomics.

• M 4:10 p.m.-6 p.m.
• Instructor: Prajit K Dutta
  CULPA: 20 Info
• 4 points

MICROECONOMICS SEMINAR

HEDGE FUND INVESTING

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412  Selected topics in microeconomics.

• T 10:10 a.m.-noon
• Instructor: Tri Vi Dang
  CULPA: 9 h-index: 10 Info
• 4 points

MICROECONOMICS SEMINAR

SEMINAR-MICROECONIMIC THEORY

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412  Selected topics in microeconomics.

• W 2:10 p.m.-4 p.m.
• W 10:10 a.m.-noon
• W 6:10 p.m.-8 p.m.
• Instructor: Jack J Willis
  h-index: 3 Info
• Instructor: Waldo Ojeda
  Info
• Instructor: Jonathan I Dingel
  Info
• 4 points

MACROECONOMICS SEMINAR

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412 Registration information is posted on the departments Seminar Sign-up webpage. Selected topics in macroeconomics. Selected topics will be posted on the departments webpage.

• R 8:10 a.m.-10 a.m.
• Instructor: Richard H Clarida
  CULPA: 2 Info
• 4 points

SENIOR HONORS THESIS WORKSHOP

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412 and the director of the departmental honors programs permission. Students must have a minimum GPA of 3.7 in all required major courses, including calculus and statistics, prior to enrollment. The honors thesis seminar is a year-long course, beginning in the fall semester and ending in the spring semester. Students who have been approved to enter the workshop will be registered for both semesters by the department during the first two weeks of classes; 3 points are earned per semester. This workshop may only be taken by students applying for departmental honors, and it also fulfills the economics seminar requirement for the economics major and all joint majors. Students must see the director during mid-semester registration in the spring to discuss their proposed thesis topic, at which time they will be matched with appropriate faculty who will act as their thesis adviser. Students will meet their adviser over the course of the year at mutually agreed upon times. A rough draft of the thesis will be due during the first week of February in the spring semester, and the final draft will be due three weeks before the last day of classes. Please note that for those joint majors that require two seminars, one in economics and one in the other discipline (i.e. Political Science), the economics senior honors thesis seminar only fulfills the economics seminar requirement.

• W 4:10 p.m.-6 p.m.
• Instructor: Lena Edlund
  CULPA: 8 Info
• 3 points

Fieldwork Course in Economics

This course provides an opportunity for students in the Economics Master of Arts Program to engage in off-campus internships for academic credit that will count towards their requirements for the degree. The internships will facilitate the application of economic skills that students have developed in the program and prepare them for future work in the field.

• 1 points

MICROECONOMIC ANALYSIS I

Prerequisites: the director of graduate studies' permission. Corequisites: ECON G6410. Consumer and producer behavior; general competitive equilibrium, welfare and efficiency, behavior under uncertainty, intertemporal allocation and capital theory, imperfect competition, elements of game theory, problems of information, economies with price rigidities.

• TR 2:40 p.m.-3:55 p.m.
• 4 points

FRONTIERS OF MACROECONOMICS

• R 11:10 a.m.-1 p.m.
• 3 points

MACROECONOMIC ANALYSIS I

Prerequisites: the director of graduate studies' permission. Concept of full employment. Models of underemployment and theory applicability, determinants of consumption and of investment, multiplier and accelerator analysis, an introduction to monetary macroeconomics, the supply side and inflation. Integration of macroeconomics with microeconomic and monetary analysis.

• MW 11:40 a.m.-12:55 p.m.
• 4 points

ADV MICROECONOMIC ANALYSIS I

• R 4:10 p.m.-6:40 p.m.
• Instructor: Navin Kartik
  Wikipedia h-index: 24 Info
• 3 points

ADVANCED MACRO ANALYSIS I

• M 2:10 p.m.-4 p.m.
• Instructor: Emilien Gouin-Bonenfant
  Info
• 3 points

APPL MACROECONOMICS & FINANCE

• W 6:10 p.m.-8 p.m.
• Instructor: Noemie Pinardon-Touati
  Info
• 3 points

INDUSTRIAL ORGANIZATION I

Prerequisites: ECON G6211 and ECON G6212 or the instructor's permission. This course provides an introduction to a number of exciting research questions in industrial organization and organizational economics. While most of the content is theoretical, great emphasis is placed on the testable implications of the models we study: related empirical work is surveyed. The course aims to bring students to the research frontier by identifying open research questions and highlighting particularly active research areas.

• T 10:10 a.m.-noon
• Instructor: Pietro Tebaldi
  Info
• 3 points

TPCS IN DEVELOPMENT ECONOMICS

Prerequisites: G6211, G6212, G6215, G6216, G6411, G6412 or the instructor's permission. This course covers prominent topics in micro-development economics. Lectures and readings will cover theoretical frameworks; emphasize empirical research; and highlight gaps in the literature.

• R 8:10 a.m.-10 a.m.
• Instructor: Jack J Willis
  h-index: 3 Info
• 3 points

MATH METHODS FOR ECONOMISTS

Prerequisites: multi-variable differential calculus, linear algebra and basic real analysis. Introduction to the mathematical techniques needed for the study of economics and econometric methods. Topics include the vector spaces, Hilbert spaces, Banach spaces, linear transformations; optimization theory, and linear differential and difference equations.

• TR 11:40 a.m.-12:55 p.m.
• Instructor: Jennifer La'O
  h-index: 9 Info
• 4 points

INTRODUCTION TO ECONOMETRICS I

Corequisites: ECON G6410 and the director of graduate studies' permission. Introduction to probability theory and statistical inference.

• MW 1:10 p.m.-2:25 p.m.
• 4 points

Econometrics III

This is the first course of the second year PhD econometrics sequence with emphasis on both economic applications and computationally intense methods for analysis of large and/or complex models. Students can attend the whole sequence or only one of them. While the details of the econometric techniques will be discussed extensively, the core and focus of the course is on the applications of these techniques to the study of actual data. Students will be practiced in econometric methods through computer-based exercises.

Prerequisites: Students should have a good understanding of graduate econometrics and should have taken ECON G6411 and G6412.

• T 6:10 p.m.-8 p.m.
• Instructor: Jushan Bai
  CULPA: 6 Wikipedia h-index: 52 Info
• 3 points

Economic Theory of Climate Change

Econ Theory of Climate Ch

The dramatic rise of the world's population in the last two centuries, coupled with an even more dramatic acceleration of economic development in many parts of the world, has led to an unprecedented transformation of the natural environment by humans. In particular, on account of the greenhouse effect, global climate change has emerged as an existential problem, unrivaled in its potential for harm to life as we know it. The aim of this course is to examine the economics of climate change in a systematic fashion, with an emphasis on economic theory. Topics of coverage can include welfare economics, the theory of dynamic games, dynamic commons problems, club theory, hold up, and endogenous treaty emergence.

• M 4:10 p.m.-6 p.m.
• Instructor: Prajit K Dutta
  CULPA: 20 Info
• 3 points

THE ECONOMICS OF LABOR I

Prerequisites: completion of 1st year graduate program in Economics, or the instructor's permission plus passage of the math qualifying exam. Introduction to labor economics, theory and practice.

• W 2:10 p.m.-4 p.m.
• Instructor: Suresh Naidu
  Wikipedia h-index: 26 Info
• 3 points

ECONOMICS OF EDUCATION

Prerequisites: (ECON GR6211 and ECON GR6212 and ECON GR6215 and ECON GR6216 and ECON GR6412 and ECON GR6411 and This course will provide an overview of current research on the economics of education. The course will pay special attention to: i) the use of credible research designs, and ii) the use of theory in evaluating the mechanisms that underlie the identied eects

• W 10:10 a.m.-noon
• Instructor: Sebastian Otero
  Info
• 3 points

BEHAVIORAL ECONOMICS

Prerequisites: Completion of 1st year graduate program in Economics, or the instructor's permission. The standard model of economic behavior describes a perfectly rational, self interested utility maximizer with unlimited cognitive resources. In many cases, this provides a good approximation to the types of behavior that economists are interested in. However, over the past 30 years, experimental and behavioral economists have documented ways in which the standard model is not just wrong, but is wrong in ways that are important for economic outcomes. Understanding these behaviors, and their implications, is one of the most exciting areas of current economic inquiry. This course will study three important topics within behavioral economics: Bounded rationality, temptation and self control and reference dependent preferences. It will draw on research from behavioral economics, experimental economics, decision theory, psychology and neuroscience in order to describe the models that have been developed to explain failures of the standard approach, the evidence in support of these models, and their economic implications.

• F 1:10 p.m.-4 p.m.
• Instructor: Mark Dean
  CULPA: 2 h-index: 26 Info
• 3 points

TOPICS IN TRADE

Prerequisites: ECON G6211 and ECON G6212 or the instructors permission. This course covers topics at the frontier of international trade research, placing an emphasis on theory. Previous topics include: trade patterns, offshoring, inequality, unemployment, trade and matching, firm organization, and trade policy.

• W 8:10 a.m.-10 a.m.
• Instructor: Jonathan I Dingel
  Info
• 3 points

ECONOMETRICS COLLOQUIUM

Prerequisites: ECON G6411 and G6412. Students will make presentations of original research.

• W noon-1 p.m.
• 2 points

ECONOMIC FLUCTUATIONS COLLOQ

Prerequisites: G6215 and G6216. Open-economy macroeconomics, computational methods for dynamic equilibrium analysis, and sources of business cycles.

• M 1 p.m.-2 p.m.
• 2 points

COLLOQUIUM IN DEVELOPMENT

Prerequisites: the instructors permission. Students will make presentations of original research.

• F noon-1 p.m.
• 2 points

COLL IN INDUST ORGANIZATION

Prerequisites: the instructors permission. Students will make presentations of original research.

• M 11:30 a.m.-12:30 p.m.
• Instructor: Gautam Gowrisankaran
  h-index: 27 Info
• 2 points

COLL IN INTERNATIONAL TRADE

• W noon-1 p.m.
• 2 points

MICROECONOMIC THEORY COLLOQ

Prerequisites: G6215, G6216, G6211, G6212, G6411, G6412. Students will make presentation of original research in Microeconomics.

• W 1 p.m.-2 p.m.
• 2 points

Labor & Public Finance colloquium

Labor & Public Finance Co

Prerequisites: G6215, G6216, G6211, G6212, G6411, G6412. Students will make presentations of original research in Microeconomics.

• W 1 p.m.-2 p.m.
• Instructor: Wojciech Kopczuk
  CULPA: 5 Wikipedia h-index: 34 Info
• 2 points

FINANCIAL ECONOMICS COLLOQUIUM

• T noon-1 p.m.
• 2 points

ECONOMIC THEORY

• M 1 p.m.-2:30 p.m.
• 0 points

MONEY & MACROECONOMCS WORKSHOP

• T 4:10 p.m.-6 p.m.
• Instructor: Noemie Pinardon-Touati
  Info
• 0 points

INTERNATIONAL ECONOMICS

• F 1:30 p.m.-4:30 p.m.
• 0 points

DEVPT & ENVIRON ECON WORKSHOP

• R 4:10 p.m.-6 p.m.
• Instructor: Michael C Best
  CULPA: 1 h-index: 8 Info
• 0 points

ECONOMETRICS WORKSHOP

• R 2:10 p.m.-4 p.m.
• 0 points

INDUSTRIAL ORG WORKSHOP

• T 2:10 p.m.-4 p.m.
• Instructor: Gautam Gowrisankaran
  h-index: 27 Info
• 0 points

Labor and Public Economics Workshop

Labor & Public Econ Works

Columbia faculty and guest speakers present research related to Labor and Public Economics.

• W 4:10 p.m.-6 p.m.
• Instructor: Tatiana Mocanu
  Info
• 0 points

Political Economy Workshop

• T 12:10 p.m.-2 p.m.
• 0 points