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.
• TR 2:40 p.m.-3:55 p.m.
• TR 1:10 p.m.-2:25 p.m.
• Instructor: Sunil K Gulati
  CULPA: 113 Info
• Instructor: Waseem Noor
  CULPA: 7 Info
• Instructor: Brendan O'Flaherty
  CULPA: 64 Info
• 4 points

PRINCIPLES OF ECONOMICS-DISC

Required Discussion section for ECON UN1105 Principles of Economics

• 0 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 11:40 a.m.-12:55 p.m.
• Instructor: Waseem Noor
  CULPA: 7 Info
• 3 points

ACCOUNTING & FINANCE FOR ECONOMICS

This course will introduce the fundamental concepts of accounting and finance to economics students. The accounting component of the course will focus on financial accounting, and the finance component of the course will focus on issues relating to corporate financing Whenever possible, the discussion of each concept encountered in the course will include an examination of real-world examples of firms’ financial statements and decisions.  Students’ learning objectives are:


the preparation and interpretation of financial statements for external decision makers

understanding the capital structure and dividend policies of firms

the valuation of financial instruments

capital budgeting (strategies and analytical methods for the evaluation of investment projects)

• MW 5:40 p.m.-6:55 p.m.
• Instructor: Waldo Ojeda
  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.

• TR 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 2:40 p.m.-3:55 p.m.
• MW 11:40 a.m.-12:55 p.m.
• MW 1:10 p.m.-2:25 p.m.
• TR 2:40 p.m.-3:55 p.m.
• Instructor: Murat Yilmaz
  Info
• Instructor: Isaac B Bjorke
  Info
• 4 points

INTER MICROECONOMICS-DISC

Required Discussion section for ECON UN3211 intermediate Economics.

• 0 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 8:40 a.m.-9:55 a.m.
• MW 10:10 a.m.-11:25 a.m.
• TR 4:10 p.m.-5:25 p.m.
• Instructor: Martin Uribe
  CULPA: 16 Wikipedia h-index: 52 Info
• 4 points

INTER MACROECONOMICS-DISC

Discussion section for ECON UN3213 Intermediate Macro. Student must register for a section.

• 0 points

MONEY AND BANKING

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.

• TR 2:40 p.m.-3:55 p.m.
• Instructor: Tri Vi Dang
  CULPA: 9 h-index: 10 Info
• 3 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 11:40 a.m.-12:55 p.m.
• MW 2:40 p.m.-3:55 p.m.
• Instructor: Seyhan Erden
  CULPA: 7 Info
• Instructor: Michael C Best
  CULPA: 1 h-index: 8 Info
• Instructor: Thomas Piskula
  Info
• 4 points

INTRO TO ECONOMETRICS-DIS

Required discussion section for ECON UN3412: Intro to Econometrics

• 0 points

ECON OF UNCERTAINTY & INFORMTN

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.

• MW 4:10 p.m.-5:25 p.m.
• Instructor: Ingmar O Nyman
  CULPA: 3 Info
• 3 points

ADVANCED MICROECONOMICS

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.

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

ADV MICROECONOMICS - DISC

Prerequisites: ECON UN3211 and ECON UN3213 and MATH UN2010 Students must register for lecture course ECON GU4211 Corequisites: MATH UN2500MATH GU4061 Required discussion section for ECON GU4211 Advanced Microeconomics. 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.

• 0 points

URBAN ECONOMICS

• TR 10:10 a.m.-11:25 a.m.
• 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.

• MW 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 DEVELOPMENT OF JAPAN

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.

• TR 8:40 a.m.-9:55 a.m.
• Instructor: David Weinstein
  CULPA: 13 Wikipedia h-index: 42 Info
• 3 points

LABOR ECONOMICS

Prerequisites: ECON UN3211 and ECON UN3213. This course examines labor markets through the lens of economics. In broad terms, labor economics is the study of the exchange of labor services for wages—a category that takes in a wide range of topics. Our objective in this course is to lay the foundations for explaining labor market phenomena within an economic framework and subsequently apply this knowledge-structure to a select set of questions. Throughout this process we will discuss empirical research, which will highlight the power (as well as the limitations) of employing economic models to real-world problems. By the end of this course we will have the tools/intuition to adequately formulate and critically contest arguments concerning labor markets.

• MW 10:10 a.m.-11:25 a.m.
• Instructor: Tatiana Mocanu
  Info
• 3 points

ECONOMETRICS OF TIME SERIES

This course focuses on the application of econometric methods to time series data; such data is common in the testing of macro and financial economics models. It will focus on the application of these methods to data problems in macro and finance.

• TR 11:40 a.m.-12:55 p.m.
• Instructor: Seyhan Erden
  CULPA: 7 Info
• 3 points

GAME THEORY

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

• TR 1:10 p.m.-2:25 p.m.
• 3 points

PUBLIC ECONOMICS

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.

• TR 10:10 a.m.-11:25 a.m.
• 3 points

Climate Finance

In lieu of the failure of legislatures to pass comprehensive carbon taxes, there is growing pressure on the financial system to address the risks of global warming.  One set of pressures is to account for the heightened physical risks due to extreme weather events and potential climate tipping points.  Another set of pressures are to find approaches to incentivize corporations to meet the goals set out in the Paris Treaty of 2015.  These approaches include (1) mandates or restrictions to only hold companies with decarbonization plans, (2) development of negative emissions technologies such as direct-air capture and (3) promotion of natural capital markets that can be used to offset carbon emissions.  Moreover, financial markets also provide crucial information on expectations and plans of economic agents regarding climate change.  This course will cover both models and empirical methodologies that are necessary to assess the role of the financial system in addressing global warming.

• MW 1:10 p.m.-2:25 p.m.
• 3 points

FINANCE AND THE REAL ECONOMY

Prerequisites: (Econ UN3211) and (ECON UN3213) and (STAT UN1201) This course uses economic theory and empirical evidence to study the links between financial markets and the real economy. We will consider questions such as: What is the welfare role of finance? How do financial markets affect consumers and firms? How do shocks to the financial system transmit to the real economy? How do financial markets impact inequality?

• MW 8:40 a.m.-9:55 a.m.
• Instructor: Matthieu Gomez
  h-index: 4 Info
• 3 points

GLOBALIZATION & ITS RISKS

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.

• MW 5:40 p.m.-6:55 p.m.
• Instructor: Graciela Chichilnisky
  CULPA: 9 Wikipedia h-index: 48 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

BEHAVIORAL FINANCE

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412 Neoclassical finance theory seeks to explain financial market valuations and fluctuations in terms of investors having rational expectations and being able to trade without costs. Under these assumptions, markets are efficient in that stocks and other assets are always priced just right. The efficient markets hypothesis (EMH) has had an enormous influence over the past 50 years on the financial industry, from pricing to financial innovations, and on policy makers, from how markets are regulated to how monetary policy is set. But there was very little in prevailing EMH models to suggest the instabilities associated with the Financial Crisis of 2008 and indeed with earlier crises in financial market history. This course seeks to develop a set of tools to build a more robust model of financial markets that can account for a wider range of outcomes. It is based on an ongoing research agenda loosely dubbed “Behavioral Finance”, which seeks to incorporate more realistic assumptions concerning human rationality and market imperfections into finance models. Broadly, we show in this course that limitations of human rationality can lead to bubbles and busts such as the Internet Bubble of the mid-1990s and the Housing Bubble of the mid-2000s; that imperfections of markets — such as the difficulty of short-selling assets — can cause financial markets to undergo sudden and unpredictable crashes; and that agency problems or the problems of institutions can create instabilities in the financial system as recently occurred during the 2008 Financial Crisis. These instabilities in turn can have feedback effects to the performance of the real economy in the form of corporate investments.

• TR 1:10 p.m.-2:25 p.m.
• Instructor: Harrison Hong
  CULPA: 1 Wikipedia h-index: 43 Info
• 3 points

MICROECONOMICS SEMINAR

ECONOMICS SEMINAR REGISTRATION

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

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

MICROECONOMICS SEMINAR

SEMINAR-MICROECONIMIC THEORY

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

• T 4:10 p.m.-6 p.m.
• Instructor: Murat Yilmaz
  Info
• 4 points

MICROECONOMICS SEMINAR

SPORTS ECONOMICS

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

SEMINAR-MICROECONIMIC THEORY

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

• M 10:10 a.m.-noon
• Instructor: Douglas V Almond
  Info
• 4 points

MICROECONOMICS SEMINAR

GLOBALIAZATION AND ITS RISKS

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

• W 2:10 p.m.-4 p.m.
• Instructor: Graciela Chichilnisky
  CULPA: 9 Wikipedia h-index: 48 Info
• 4 points

MICROECONOMICS SEMINAR

SEMINAR-MICROECONIMIC THEORY

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

• T 2:10 p.m.-4 p.m.
• T 10:10 a.m.-noon
• Instructor: Rosanne Altshuler
  Info
• 4 points

MICROECONOMICS SEMINAR

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

• M 12:10 p.m.-2 p.m.
• 4 points

MICROECONOMICS SEMINAR

SEMINAR-MICROECONIMIC THEORY

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

• T 12:10 p.m.-2 p.m.
• Instructor: Andrew E Abere
  Info
• 4 points

MACROECONOMICS SEMINAR

INT'L MONETARY ECONOMICS

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

MACROECONOMICS SEMINAR

BEHAVIORAL INSIGHTS INTO ECONO

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.

• W 10:10 a.m.-noon
• 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.

• M 4:10 p.m.-6 p.m.
• Instructor: Miles Leahey
  Info
• 4 points

SEMINAR IN ECONOMETRICS

TPCS:MACROECONOMICS & FINANCE

Prerequisites: ECON UN3211 and ECON UN3213 and ECON UN3412 and sign-up in the departments office. Registration information is posted on the departments Seminar Sign-up webpage. Analyzing data in a more in-depth fashion than in ECON UN3412. Additional estimation techniques include limited dependent variable and simultaneous equation models. Go to the departments undergraduate Seminar Description webpage for a detailed description.

• W 4:10 p.m.-6 p.m.
• Instructor: Seyhan Erden
  CULPA: 7 Info
• 4 points

SEMINAR IN POLITICAL ECONOMICS

Prerequisites: ECON W3211, W3213, W3412 (or POLS 4711), W4370. Registration information is posted on the departments Seminar Sign-up webpage. Required for majors in the joint program between political science and economics. Provides a forum in which students can integrate the economics and political science approach to political economy. The theoretical tools learned in political economy are applied: the analysis of a historical episode and the empirical relation between income distribution and politics on one side and growth on the other.

• R 10:10 a.m.-noon
• M 10:10 a.m.-noon
• Instructor: Claudia Halbac
  Info
• Instructor: Carlo Prato
  h-index: 11 Info
• 4 points

ECONOMICS & PHILOSOPHY

Prerequisites: ECON W3211, ECON W3213, ECON W3412. Students will be contacted by the Economics department for pre-enrollment. Explores topics in the philosophy of economics such as welfare, social choice, and the history of political economy. Sometimes the emphasis is primarily historical and someimes on analysis of contemporary economic concepts and theories.

• T 10:10 a.m.-noon
• 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.

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

MICROECONOMIC ANALYSIS II

• MW 10:10 a.m.-11:25 a.m.
• Instructor: Guillaume Haeringer
  CULPA: 2 Info
• 3 points

MACROECONOMCS ANALYSIS II

• MW 2:40 p.m.-3:55 p.m.
• Instructor: Irasema Alonso
  CULPA: 12 Info
• 3 points

Industrial Organization

This is a topics course in industrial organization intended for MA students. The focus of the class is to familiarize students with the way economists in academic, antitrust regulatory and private sector settings approach research questions related to topics such as conduct, pricing, competition or ownership and control in various market structures (e.g., homogenous product, differentiated product, two-sided, vertical markets). The goal of the course is threefold. For each of the market structures considered:
(i)
familiarize you with the foundational economic theories;
(ii)
provide you with the empirical tools you can apply in the future to conduct your own research; and
(iii)
introduce to you key antitrust issues regulators have been focusing on and approaches used in practice to analyze these issues by antitrust economists.

• W 6:10 p.m.-8 p.m.
• Instructor: Ildiko Magyari
  Info
• 3 points

ECONOMETRICS II

• R 2:10 p.m.-4 p.m.
• 3 points

FINANCIAL ECONOMICS

• T 2:10 p.m.-4 p.m.
• Instructor: Pedro Tremacoldi Rossi
  Info
• 3 points

INTERNATIONAL ECONOMICS

• T 6:10 p.m.-8 p.m.
• Instructor: Sebastian Heise
  Info
• 3 points

MICROECONOMIC ANALYSIS II-DISC

• Instructor: Zhiming Feng
  Info
• 0 points

MACROECONOMIC ANALYSIS II-DISC

• 0 points

MICROECONOMIC ANALYSIS II

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.

• MW 2:40 p.m.-4:10 p.m.
• 4 points

MACROECONOMIC ANALYSIS II

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 10:10 a.m.-11:25 a.m.
• 4 points

Networks in Economic Theory

Networks help us describe the complex interactions that occur among large populations of distinct
entities. Some have argued that their incorporation into economic models represents a paradigm
change for the ?eld. This course will introduce you to the central questions in current networks
research as well as the tools and methods used to study networks in economic theory. Topics we
will cover include network games and interventions, di?usion processes, network formation, social
learning and opinion dynamics, and networked markets. The course is divided into two halves. The
rst half will consist of lectures on these topics. In the second half, we will read and discuss recent
research papers.

• M 10:10 a.m.-noon
• Instructor: Evan D Sadler
  Info
• 3 points

TOPICS-INDUSTRIAL ORGANIZATION

• F 4:10 p.m.-6 p.m.
• 3 points

INDUSTRIAL ORGANIZATION III

Prerequisites: ECON G6211 and ECON G6212. This is an empirical course comprised of two parts. The first part examines single agent dynamics, and multi-agent dynamics (dynamic games). Both methodological advances and empirical applications will be discussed. Some of the topics that will be covered include: investment and replacement problems, durable goods, consumer learning, price dispersion and search costs, learning by doing, and networks and switching costs. There will be a strong focus on estimation details of dynamic oligopoly models. The second part of the course will review empirical models of imperfect information including auctions, moral hazard, and adverse selection.

• M 6:10 p.m.-8 p.m.
• Instructor: Andrey Simonov
  h-index: 6 Info
• 3 points

Topics in Organizational Economics

This course introduces the students to the field of Organizational Economics. We combine theoretical and empirical methods to study the nature, design, and performance of organizations. Organizations, such as firms, bureaucracies, and political parties, live in a second-best world, where inefficiencies are inevitable. Our goal is to understand and measure these inefficiencies, study their causes and how to minimize them. This course is divided in two parts of equal length. The first part introduces a few of the main theoretical models and findings from the organizational-economics literature. The second part focuses on how to bring the models to the data. By design, the course is intended for a broad set of students: those who are theoretically inclined, those who are empirically inclined, and those who are both. Many of the tools and skills that are developed in this course will be useful not only within organizational economics but, more broadly, to other fields such as industrial organization, political economy, development economics. Our ultimate goal is to accelerate the students' transition toward conducting their own independent research.

• F 2:10 p.m.-4 p.m.
• 3 points

PUB ECONOMICS AND DEVELOPMENT

Prerequisites: (ECON GR6211) and (ECON GR6212) and (ECON GR6215) and (ECON GR6216) and (ECON GR6411) and (ECON GR6412) and This course covers a range of challenges faced by governments in low- and middle-income countries. The course will cover both applied theory papers and empirical papers applying the latest empirical methods.

• W 2:10 p.m.-4 p.m.
• Instructor: Michael C Best
  CULPA: 1 h-index: 8 Info
• 3 points

Political Economy II

The course provides an overview of the field of empirical political economy. While students will be expected to familiarize themselves with the most prevalent models in the field, the emphasis in this course will be on applied work. The goal is for students to attain a working knowledge of the literature, to learn to critically evaluate that literature and most importantly to develop the skills to come up with interesting, workable and theoretically grounded research questions that will push that literature forward.

• R 2:10 p.m.-4 p.m.
• Instructor: Ebonya L Washington
  Info
• 3 points

INTRO TO ECONOMETRICS II-DISC

• 0 points

INTRODUCTN TO ECONOMETRICS II

Corequisites: ECON G6410 and the director of graduate studies permission. Introduction to the general linear model and its use in econometrics, including the consequences of departures from the standard assumptions.

• TR 8:40 a.m.-9:55 a.m.
• 4 points

ECONOMETRICS IV

This is the second 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 10:10 a.m.-noon
• Instructor: Simon Lee
  h-index: 28 Info
• 3 points

GAME THRY WITH ECONMC APPLICTN

• R 9:10 a.m.-11 a.m.
• Instructor: Qingmin Liu
  CULPA: 4 h-index: 14 Info
• 3 points

Climate Finance

This graduate course will develop both models and empirical methods that are necessary to assess the role of the financial system in addressing the risks of global warming.  The course will take a continuous-time approach and feature financial markets that provide crucial information on expectations and plans of economic agents regarding climate change.  After a primer on continuous time methods and stochastic growth models, we will cover a number of topics including: an asset pricing approach to integrated assessment models, pricing natural capital such as tropical rain forecasts, mitigation of weather disaster risks that are becoming more frequent with global warming, sustainable finance mandates in fostering the transition of the industrial sector to net-zero emissions, corporate adaptation strategies to heatwaves, and integrating climate tipping points and financial frictions into assessments.

• M 4:10 p.m.-6 p.m.
• 3 points

THE ECONOMICS OF LABOR II

• M 2:10 p.m.-4 p.m.
• Instructor: Tatiana Mocanu
  Info
• 3 points

COMP MODLS PERCPTN & CHOICE

Prerequisites: ECON GR6211 and ECON GR6212 and ECON GR6215 and ECON GR6216 and ECON GR6410 and ECON GR6411 and ECON GR6412 and ECON GR6493 Models of errors and biases in judgments, in the domains of perception, statistical inference, and decision making. Experimental evidence and theoretical analyses from economics, psychology, computational neuroscience, and computer science will be discussed and compared. Topics treated will include signal detection theory, stochastic choice, diffusion-to- bound models, decision by sampling, probability matching, rational inattention, efficient coding theories, theories of salience or focus- weighted valuations, reference-dependent or context-dependent valuations, and reinforcement learning.

• W 10:10 a.m.-noon
• Instructor: Michael D Woodford
  Wikipedia Info
• 4 points

TOPICS IN TRADE

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 2:10 p.m.-4 p.m.
• Instructor: Jonathan I Dingel
  Info
• 3 points

PERSPECTIVES ON ECON STUDIES-DISC

• 0 points

PERSPECTVS ON ECONOMIC STUDIES

Prerequisites: ECON G6412, ECON G6411, ECON G6215, ECON G6211. Corequisites: ECON G6212, ECON G6216, ECON G6412. This course will critically examine mainstream approaches to economic theory and practice, particularly in the areas of macroeconomic stabilization policy, poverty reduction, economic development, environmental sustainability, and racial and gender inequality. Topics will vary from year to year, but may include responses to the credit crisis and Great Recession, global warming and international negotiations, globalization, the measurement of poverty and inequality, different approaches to poverty reduction, AIDS and malaria, mass imprisonment, childrens wellbeing, the IMF and the World Bank, intellectual property in an international context, racial disparities in life expectancy, public pension systems in developed countries, health care, and homelessness. The course will also examine biases in economic discourse, both among policy makers and scholars.

• TR 1:10 p.m.-3 p.m.
• 4 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

APPLIED MICROECON RES METHODS

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

• W 1 p.m.-2 p.m.
• 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.
• 0 points

DEVPT & ENVIRON ECON WORKSHOP

• R 4:10 p.m.-6 p.m.
• 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

APPLIED MICROECONOMCS WORKSHOP

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

• W 4:10 p.m.-6 p.m.
• 0 points

Political Economy Workshop

• T 12:10 p.m.-2 p.m.
• 0 points