Economics 600/601 - Graduate Industrial Organization:
The course combines theoretical and empirical analysis of market behavior. Methodologically, the emphasis is on identification and estimation of empirical models that are consistent with, or even derived directly from, theoretical models. Topics to be covered include collusion, demand estimation, differentiated products, oligopoly, entry and exit, vertical relations, auctions, dynamic oligopoly models, network markets, estimation of production functions, and the roles of moral hazard and adverse selection in markets. While the focus of the course will be on empirical work, the discussion of each topic will include the relevant theoretical framework.
Economics 680a - Graduate Public Economics:
This course covers topics Public Economics, including economics of taxation (tax incidence, welfare cost of taxation and optimal taxation) and economics of publicly provided goods and services (education, health care, and social insurance). Students are expected to make short presentations and participate actively in class discussion. Students are also expected to write a short research paper in the first term, and can either extend that paper in the second term or write another short paper. Empirical papers, which can also be submitted for the econometrics requirements are encouraged. There is an oral final examination in each term.
Economics 606/607 - Prospectus Workshop in Industrial Organization:
This is a workshop for third-year and other advanced students in Industrial Organization. It is intended to guide students in the early stages of dissertation research. The emphasis will be on presentation and discussion of material by students that will lead to dissertations by those students. Each student must make at least one such presentation by the end of the year and multiple presentations by students at different stages of their research are encouraged. Students enrolled in this workshop are strongly encouraged to attend at least one advanced workshop in the field or fields that interest them.
Economics 608/609 - Industrial Organization Seminar:
For graduate students in applied micro economics and interested faculty. This seminar serves as a forum for presentation and discussion of current research in Industrial Organization for invited speakers, Yale faculty members, and students near thesis completion.
Economics 402b - Economics of Education:
This course covers academic research in the Economics of Education. Topics include production of student achievement, measuring student achievement, funding of public education, and school choice and school vouchers. Students are required to participate actively in class. There is a term project requiring students to take a research-based position on a current policy issue in Education. Enrollment is limited. Prerequisite courses include: Intermediate Microeconomics or equivalent, Calculus, Econometrics or a course in the Statistics 101-6 sequence
Economics 115 - Introductory Economics:
An introduction to microeconomics that stresses the basic tools of economics and the problem solving involved in policy issues. This course is intended to introduce students to a systematic framework for examining economic, social and policy issues. Topics include consumer choice, firm behavior, market equilibrium, public goods and externalities.