Fall Term Schedule
Fall 2022
| Number | Title | Instructor | Time |
|---|
|
ECON 108-1
Michael Rizzo
MWF 9:00AM - 9:50AM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-10
Michael Rizzo
F 12:30PM - 1:45PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-11
Michael Rizzo
F 3:25PM - 4:40PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-12
Michael Rizzo
R 3:25PM - 4:40PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-13
Michael Rizzo
R 6:15PM - 7:30PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-14
Michael Rizzo
R 12:30PM - 1:45PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-15
Michael Rizzo
F 11:50AM - 1:05PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-16
Michael Rizzo
F 12:30PM - 1:45PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-2
Michael Rizzo
MWF 10:25AM - 11:15AM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-3
Michael Rizzo
W 6:15PM - 7:30PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-4
Michael Rizzo
W 3:25PM - 4:40PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-5
Michael Rizzo
W 6:15PM - 7:30PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-6
Michael Rizzo
R 12:30PM - 1:45PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-7
Michael Rizzo
R 3:25PM - 4:40PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-8
Michael Rizzo
R 6:15PM - 7:30PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 108-9
Michael Rizzo
F 11:50AM - 1:05PM
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
|
ECON 207-1
Elizabeth Ashby
TR 3:25PM - 4:40PM
|
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
|
ECON 207-2
Elizabeth Ashby
TR 2:00PM - 3:15PM
|
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
|
ECON 208W-1
Steven Landsburg
MW 3:25PM - 4:40PM
|
|
This course is a sequel to ECO 207. It covers a variety of topics in microeconomics. The precise content varies, but usually includes a more detailed look at alternative normative criteria, applied game theory, auction theory, the problem of social cost, and a little voting theory.
|
|
ECON 209-1
Hamid Firooz
MW 2:00PM - 3:15PM
|
|
Economic growth, fluctuations, and other topics concerning the aggregate economy
|
|
ECON 209-2
Hamid Firooz
MW 9:00AM - 10:15AM
|
|
Economic growth, fluctuations, and other topics concerning the aggregate economy
|
|
ECON 209-4
Hamid Firooz
F 3:25PM - 4:40PM
|
|
Economic growth, fluctuations, and other topics concerning the aggregate economy
|
|
ECON 209-5
Hamid Firooz
F 2:00PM - 3:15PM
|
|
Economic growth, fluctuations, and other topics concerning the aggregate economy
|
|
ECON 209H-1
Hamid Firooz
MW 2:00PM - 3:15PM
|
|
National income accounting concepts, their changes and fluctuations as explained by theories of income determination. In comparison to other sections of ECO 209, this section develops those concepts more formally and mathematically.
|
|
ECON 209H-2
Hamid Firooz
MW 9:00AM - 10:15AM
|
|
National income accounting concepts, their changes and fluctuations as explained by theories of income determination. In comparison to other sections of ECO 209, this section develops those concepts more formally and mathematically.
|
|
ECON 209H-4
Hamid Firooz
W 4:50PM - 6:05PM
|
|
National income accounting concepts, their changes and fluctuations as explained by theories of income determination. In comparison to other sections of ECO 209, this section develops those concepts more formally and mathematically.
|
|
ECON 211-1
Narayana Kocherlakota
MW 10:25AM - 11:40AM
|
|
This course is about financial markets, banks, and monetary policy. We will study their institutions and empirics, and describe the theory of how they work and affect the overall economy. The theory will utilize models of pricing of financial assets, incentive problems, and aggregate supply/demand. We will pay considerable attention to ongoing current developments in financial markets, monetary policy, and the macro-economy.
|
|
ECON 211W-2
Narayana Kocherlakota
MW 10:25AM - 11:40AM
|
|
This course is about financial markets, banks, and monetary policy. We will study their institutions and empirics, and describe the theory of how they work and affect the overall economy. The theory will utilize models of pricing of financial assets, incentive problems, and aggregate supply/demand. We will pay considerable attention to ongoing current developments in financial markets, monetary policy, and the macro-economy.
|
|
ECON 214-1
Gerard Wedig
MW 9:00AM - 10:15AM
|
|
The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for addressing and solving important organizational problems. Key elements include: the understanding and development of corporate strategy, the importance of executing the strategy and the tenants behind both a performance-evaluation system and compensation/incentive system. Each of these elements is analyzed with the intent of establishing a framework to be applied toward a variety of contemporary managerial topics such as industrial transition, the success and failure of some companies, the value of differentiation, leadership and business ethics. Pre-requisiteECON 207 and one statistics course. Cross-listed: STR 203, ECO 214W This course is not open to first year students or sophomores. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Wedig will not be able to override additional students; all requests must go through the previously mentioned email.
|
|
ECON 214-2
Gerard Wedig
MW 12:30PM - 1:45PM
|
|
The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for addressing and solving important organizational problems. Key elements include: the understanding and development of corporate strategy, the importance of executing the strategy and the tenants behind both a performance-evaluation system and compensation/incentive system. Each of these elements is analyzed with the intent of establishing a framework to be applied toward a variety of contemporary managerial topics such as industrial transition, the success and failure of some companies, the value of differentiation, leadership and business ethics. Pre-requisiteECON 207 and one statistics course. Cross-listed: STR 203 , ECON 214W This course is not open to first year students or sophomores. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Wedig will not be able to override additional students; all requests must go through the previously mentioned email
|
|
ECON 214W-1
Gerard Wedig
MW 9:00AM - 10:15AM
|
|
The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for addressing and solving important organizational problems. Key elements include: the understanding and development of corporate strategy, the importance of executing the strategy and the tenants behind both a performance-evaluation system and compensation/incentive system. Each of these elements is analyzed with the intent of establishing a framework to be applied toward a variety of contemporary managerial topics such as industrial transition, the success and failure of some companies, the value of differentiation, leadership and business ethics. ECON 207 Cross-listed: ECO 214, ECO 214W This course is not open to first years or sophomores. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Wedig will not be able to override additional students; all requests must go through the previously mentioned email.
|
|
ECON 214W-2
Gerard Wedig
MW 12:30PM - 1:45PM
|
|
The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for addressing and solving important organizational problems. Key elements include: the understanding and development of corporate strategy, the importance of executing the strategy and the tenants behind both a performance-evaluation system and compensation/incentive system. Each of these elements is analyzed with the intent of establishing a framework to be applied toward a variety of contemporary managerial topics such as industrial transition, the success and failure of some companies, the value of differentiation, leadership and business ethics. Pre-requisiteECON 207 and one statistics course. Cross-listed: STR 203, ECON 214 This course is not open to first year students or sophomores. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Wedig will not be able to override additional students; all requests must go through the previously mentioned email.
|
|
ECON 217-1
Mark Bils
MWF 10:25AM - 11:15AM
|
|
This course examines how markets can engineer trades that maintain incentives in the face of transactions costs and information problems--problems of moral hazard and adverse selection. Emphasis will be placed on applications to insurance and employment markets, but with extensions to firm pricing, corporate finance, and public policies. Prerequisites are Calculus and ECON 207
|
|
ECON 217-2
Mark Bils
F 9:00AM - 9:50AM
|
|
This course examines how markets can engineer trades that maintain incentives in the face of transactions costs and information problems--problems of moral hazard and adverse selection. Emphasis will be placed on applications to insurance and employment markets, but with extensions to firm pricing, corporate finance, and public policies. Prerequisites are Calculus and ECON 207
|
|
ECON 217-3
Mark Bils
F 2:00PM - 2:50PM
|
|
This course examines how markets can engineer trades that maintain incentives in the face of transactions costs and information problems--problems of moral hazard and adverse selection. Emphasis will be placed on applications to insurance and employment markets, but with extensions to firm pricing, corporate finance, and public policies. Prerequisites are Calculus and ECON 207
|
|
ECON 217W-1
Mark Bils
MWF 10:25AM - 11:15AM
|
|
This course examines how markets can engineer trades that maintain incentives in the face of transactions costs and information problems--problems of moral hazard and adverse selection. Emphasis will be placed on applications to insurance and employment markets, but with extensions to firm pricing, corporate finance, and public policies.
|
|
ECON 226W-1
Alexandra Digby
TR 3:25PM - 4:40PM
|
|
This course explores the evolution and development of the field of economics. Students will read some of the earliest economic writings (Aristotle, Aquinas), discuss mercantilism and the development of trade, examine the works of 'classical' theorists (e.g. Adam Smith, David Ricardo, Karl Marx) and the rise of 'neoclassical' theory (e.g. Jevons, Menger & Walras), as well as influential 20th century thinkers (e.g. Keynes, Schumpeter). The course concludes with a exploration of what economics will look like in the future.
|
|
ECON 230-1
Nese Yildiz
TR 11:05AM - 12:20PM
|
|
This course is an introduction to the probability and statistical theory underlying the estimation of parameters and testing of hypotheses in economics. Linear correlation and simple regression analysis are also introduced. Students will use computers to analyze economic data.
|
|
ECON 230-2
Nese Yildiz
R 4:50PM - 6:05PM
|
|
This course is an introduction to the probability and statistical theory underlying the estimation of parameters and testing of hypotheses in economics. Linear correlation and simple regression analysis are also introduced. Students will use computers to analyze economic data.
|
|
ECON 230-3
Nese Yildiz
F 2:00PM - 3:15PM
|
|
This course is an introduction to the probability and statistical theory underlying the estimation of parameters and testing of hypotheses in economics. Linear correlation and simple regression analysis are also introduced. Students will use computers to analyze economic data.
|
|
ECON 231W-1
Ronni Pavan
TR 11:05AM - 12:20PM
|
|
The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (Mth 141 or Mth161 or Mth171), Eco 207 (can be taking at same time), and Eco 230 or Stat 213 or Math/Stat 203 or DSC262
|
|
ECON 231W-2
Ronni Pavan
TR 2:00PM - 3:15PM
|
|
The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (Mth 141 or Mth161 or Mth171), Eco 207 (can be taking at same time), and Eco 230 or Stat 213 or Math/Stat 203 or DSC262
|
|
ECON 231W-3
Ronni Pavan
F 3:25PM - 4:40PM
|
|
The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (Mth 141 or Mth161 or Mth171), Eco 207 (can be taking at same time), and Eco 230 or Stat 213 or Math/Stat 203 or DSC262
|
|
ECON 238-1
Michael Rizzo
TR 11:05AM - 12:20PM
|
|
The course will demonstrate that environmental problems are economic problems and examine the past, present and future visions of resource use, production and sustainability.
|
|
ECON 238W-1
Michael Rizzo
TR 11:05AM - 12:20PM
|
|
The course will demonstrate that environmental problems are economic problems and examine the past, present and future visions of resource use, production and sustainability.
|
|
ECON 241-1
Richard Cardot
MW 12:30PM - 1:45PM
|
|
This course prepares future managers to analyze the environment in which their firm/organization operates and to arrive at an appropriate pricing policy for a product or service. There are several components: cost definition and measurement; measurement of price sensitivity and the implied market segmentation; strategic analysis vis--vis competitors and distributors; and the legal aspects of pricing. Topics include: economic value analysis, incremental profit analysis, bundling and tie-in sales, product-line pricing and competitive pricing. Prerequisites: ECO 207 and MKT 203 ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Cardot will not be able to override additional students. All request must go through the previously mentioned email.
|
|
ECON 241W-1
Richard Cardot
MW 12:30PM - 1:45PM
|
|
This course prepares future managers to analyze the environment in which their firm/organization operates and to arrive at an appropriate pricing policy for a product or service. There are several components: cost definition and measurement; measurement of price sensitivity and the implied market segmentation; strategic analysis vis--vis competitors and distributors; and the legal aspects of pricing. Topics include: economic value analysis, incremental profit analysis, bundling and tie-in sales, product-line pricing and competitive pricing. Prerequisites: ECO 207 and MKT 203 ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Cardot will not be able to override additional students. All request must go through the previously mentioned email.
|
|
ECON 255-1
Joseph Inikori
MW 10:25AM - 11:40AM
|
|
In the context of the global economy, Nigeria, the most populous country in Africa, is blessed with vast mineral resources and agricultural lands able to produce a wide variety of tropical products and foods. The country's large population is made up of talented and highly resourceful individuals, who are quick to respond to economic incentives. Thus, it is hard to understand why the country has one of the lowest per capita incomes in the world and why the country's economy occupies such a lowly position within the global economy. We focus on the historical development of socio-economic/political structures over time to explain why the giant of Africa continues to slumber. Some of the country's central problems, such as ethnic and religious contradictions, are similar in some way to those in the U.S. The solutions attempted by the governments of both countries, such as affirmative action, are also somewhat similar. We will conduct a comparative analysis of contemporary historical issues in the two countries.
|
|
ECON 257-1
Joseph Inikori
T 2:00PM - 4:40PM
|
|
This junior seminar offers students the opportunity to research and discuss the operation and consequences of widespread corruption in the global economy and the complex historical processes economic, social, and political which help to explain the phenomenon. To make the seminar a well-focused course, discussion will focus on country-case studies (with about three selected individuals in each country) that help to demonstrate the general pattern of causes and effects. A major issue to consider, among other things, is the role of cut-throat competition among global corporations and the effects of their corrupt activities on the quality of governance.This junior seminar offers students the opportunity to research and discuss the operation and consequences of widespread corruption in the global economy and the complex historical processes economic, social, and political which help to explain the phenomenon. To make the seminar a well-focused course, discussion will focus on country-case studies (with about three selected individuals in each country) that help to demonstrate the general pattern of causes and effects. A major issue to consider, among other things, is the role of cut-throat competition among global corporations and the effects of their corrupt activities on the quality of governance.
|
|
ECON 263-1
Michael Wolkoff
MW 10:25AM - 11:40AM
|
|
This course is intended to be an introduction to the study of the role of government in the economy, with an emphasis on the microeconomic aspects of this role. Both the taxation and the expenditure sides of government activity will be studied. The first part of the course will be devoted to the theory of public finance in order to build a foundation for the remainder of the course, which involved the application of this theory to particular programs and institutions (policy analysis). Typical topic include: public goods, social security, income taxation, tax reform, fiscal federalism, ect.
|
|
ECON 263W-1
Michael Wolkoff
MW 10:25AM - 11:40AM
|
|
This course is intended to be an introduction to the study of the role of government in the economy, with an emphasis on the microeconomic aspects of this role. Both the taxation and the expenditure sides of government activity will be studied. The first part of the course will be devoted to the theory of public finance in order to build a foundation for the remainder of the course, which involved the application of this theory to particular programs and institutions (policy analysis). Typical topic include: public goods, social security, income taxation, tax reform, fiscal federalism, ect.
|
|
ECON 270-1
Luis Rafael Guntin Wernik
MW 2:00PM - 3:15PM
|
|
We live in an age in which globalization is more than ever an integral part of our lives. This course is concerned with the determination of a country’s output, inflation, interest rates, exchange rates, & trade balance in the global economy. We adopt a highly international perspective, considering the international linkages arising from capital & trade flows as well as a comparison of macroeconomic policies and performance across countries. In addition, the course examines the effects of macroeconomic events on the international business environment. By the end of this course, you should be able to understand the coverage of international macroeconomics presented in print & on TV. Useful sources of macroeconomic news include publications like The Economist or The Wall Street Journal and TV shows on CNBC or Bloomberg.
|
|
ECON 270W-2
Luis Rafael Guntin Wernik
MW 2:00PM - 3:15PM
|
|
This course introduces students to the most recent work in international trade: the behavior of individual firms in international markets. We will try to understand the determinants of exporting behavior for heterogenous firms, how individual decision shape aggregate trade patterns and how they react to trade policy differently. We will explore the impacts of globalization and government policy. We will also introduce students to the new empirical work on outsourcing, FDI and multinationals, exchange rate and national account.
|
|
ECON 271-1
Asen Kochov
TR 2:00PM - 3:15PM
|
|
Incorporates insights from psychology into the standard economic model of consumer choice; asks if institutions can be designed to help people make better decisions.
|
|
ECON 271W-1
Asen Kochov
TR 2:00PM - 3:15PM
|
|
Incorporates insights from psychology into the standard economic model of consumer choice; asks if institutions can be designed to help people make better decisions.
|
|
ECON 288-1
Yu Awaya
TR 9:40AM - 10:55AM
|
|
Game theory is a systematic study of strategic situations. It is a theory that helps us analyze economic and political strategic issues, such as behavior of individuals in a group, competition among firms in a market, platform choices of political candidates, and so on. We will develop the basic concepts and results of game theory, including simultaneous and sequential move games, repeated games and games with incomplete information. The objective of the course is to enable the student to analyze strategic situations on his or her own. The emphasis of the course is on theoretical aspects of strategic behavior, so familiarity with mathematical formalism is required.
|
|
ECON 288W-1
Yu Awaya
TR 9:40AM - 10:55AM
|
|
Game theory is a systematic study of strategic situations. It is a theory that helps us analyze economic and political strategic issues, such as behavior of individuals in a group, competition among firms in a market, platform choices of political candidates, and so on. We will develop the basic concepts and results of game theory, including simultaneous and sequential move games, repeated games and games with incomplete information. The objective of the course is to enable the student to analyze strategic situations on his or her own. The emphasis of the course is on theoretical aspects of strategic behavior, so familiarity with mathematical formalism is required.
|
|
ECON 389W-1
Michael Rizzo
R 6:00PM - 8:00PM
|
|
The senior seminar is a student driven independent project that culminates in the writing and presentation of a substantial piece of original economic research by each participant in the seminar. The project is approved and supervised by the instructor of the course. Interested students are encouraged to discuss potential research topics with the instructor prior to the start of the semester.
|
|
ECON 390-1
Michael Rizzo
–
|
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required. |
|
ECON 390-2
Elizabeth Ashby
–
|
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required. |
|
ECON 390-3
Michael Rizzo
–
|
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required. |
|
ECON 390-4
Asen Kochov
–
|
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required. |
|
ECON 390-5
Gaston Chaumont
–
|
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required. |
|
ECON 390-6
Alexandra Digby
–
|
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required. |
|
ECON 390-7
Nese Yildiz
–
|
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required. |
|
ECON 390-8
Luis Rafael Guntin Wernik
–
|
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required. |
|
ECON 390-9
Steven Landsburg
–
|
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required. |
|
ECON 391-1
–
–
|
|
Designed for advanced students seeking to do researchbeyond what is contained in the regular course offerings. Requires faculty supervisor in the economics department. Registration for Independent Study courses needs to be completed thru the instructions for online independent study registration. |
|
ECON 394-1
–
–
|
|
Not for concentration credit. Requires faculty supervisor in the economics department. Registration for Independent Study courses needs to be completed thru the instructions for online independent study registration. |
|
ECON 394W-1
–
–
|
|
Registration for Independent Study courses needs to be completed thru the instructions for online independent study registration. |
Fall 2022
| Number | Title | Instructor | Time |
|---|---|
| Monday | |
| Monday and Wednesday | |
|
ECON 209-2
Hamid Firooz
|
|
|
Economic growth, fluctuations, and other topics concerning the aggregate economy |
|
|
ECON 209H-2
Hamid Firooz
|
|
|
National income accounting concepts, their changes and fluctuations as explained by theories of income determination. In comparison to other sections of ECO 209, this section develops those concepts more formally and mathematically. |
|
|
ECON 214-1
Gerard Wedig
|
|
|
The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for addressing and solving important organizational problems. Key elements include: the understanding and development of corporate strategy, the importance of executing the strategy and the tenants behind both a performance-evaluation system and compensation/incentive system. Each of these elements is analyzed with the intent of establishing a framework to be applied toward a variety of contemporary managerial topics such as industrial transition, the success and failure of some companies, the value of differentiation, leadership and business ethics. Pre-requisiteECON 207 and one statistics course. Cross-listed: STR 203, ECO 214W This course is not open to first year students or sophomores. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Wedig will not be able to override additional students; all requests must go through the previously mentioned email. |
|
|
ECON 214W-1
Gerard Wedig
|
|
|
The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for addressing and solving important organizational problems. Key elements include: the understanding and development of corporate strategy, the importance of executing the strategy and the tenants behind both a performance-evaluation system and compensation/incentive system. Each of these elements is analyzed with the intent of establishing a framework to be applied toward a variety of contemporary managerial topics such as industrial transition, the success and failure of some companies, the value of differentiation, leadership and business ethics. ECON 207 Cross-listed: ECO 214, ECO 214W This course is not open to first years or sophomores. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Wedig will not be able to override additional students; all requests must go through the previously mentioned email. |
|
|
ECON 255-1
Joseph Inikori
|
|
|
In the context of the global economy, Nigeria, the most populous country in Africa, is blessed with vast mineral resources and agricultural lands able to produce a wide variety of tropical products and foods. The country's large population is made up of talented and highly resourceful individuals, who are quick to respond to economic incentives. Thus, it is hard to understand why the country has one of the lowest per capita incomes in the world and why the country's economy occupies such a lowly position within the global economy. We focus on the historical development of socio-economic/political structures over time to explain why the giant of Africa continues to slumber. Some of the country's central problems, such as ethnic and religious contradictions, are similar in some way to those in the U.S. The solutions attempted by the governments of both countries, such as affirmative action, are also somewhat similar. We will conduct a comparative analysis of contemporary historical issues in the two countries. |
|
|
ECON 211-1
Narayana Kocherlakota
|
|
|
This course is about financial markets, banks, and monetary policy. We will study their institutions and empirics, and describe the theory of how they work and affect the overall economy. The theory will utilize models of pricing of financial assets, incentive problems, and aggregate supply/demand. We will pay considerable attention to ongoing current developments in financial markets, monetary policy, and the macro-economy. |
|
|
ECON 211W-2
Narayana Kocherlakota
|
|
|
This course is about financial markets, banks, and monetary policy. We will study their institutions and empirics, and describe the theory of how they work and affect the overall economy. The theory will utilize models of pricing of financial assets, incentive problems, and aggregate supply/demand. We will pay considerable attention to ongoing current developments in financial markets, monetary policy, and the macro-economy. |
|
|
ECON 263W-1
Michael Wolkoff
|
|
|
This course is intended to be an introduction to the study of the role of government in the economy, with an emphasis on the microeconomic aspects of this role. Both the taxation and the expenditure sides of government activity will be studied. The first part of the course will be devoted to the theory of public finance in order to build a foundation for the remainder of the course, which involved the application of this theory to particular programs and institutions (policy analysis). Typical topic include: public goods, social security, income taxation, tax reform, fiscal federalism, ect. |
|
|
ECON 263-1
Michael Wolkoff
|
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This course is intended to be an introduction to the study of the role of government in the economy, with an emphasis on the microeconomic aspects of this role. Both the taxation and the expenditure sides of government activity will be studied. The first part of the course will be devoted to the theory of public finance in order to build a foundation for the remainder of the course, which involved the application of this theory to particular programs and institutions (policy analysis). Typical topic include: public goods, social security, income taxation, tax reform, fiscal federalism, ect. |
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ECON 214W-2
Gerard Wedig
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The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for addressing and solving important organizational problems. Key elements include: the understanding and development of corporate strategy, the importance of executing the strategy and the tenants behind both a performance-evaluation system and compensation/incentive system. Each of these elements is analyzed with the intent of establishing a framework to be applied toward a variety of contemporary managerial topics such as industrial transition, the success and failure of some companies, the value of differentiation, leadership and business ethics. Pre-requisiteECON 207 and one statistics course. Cross-listed: STR 203, ECON 214 This course is not open to first year students or sophomores. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Wedig will not be able to override additional students; all requests must go through the previously mentioned email. |
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ECON 241W-1
Richard Cardot
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This course prepares future managers to analyze the environment in which their firm/organization operates and to arrive at an appropriate pricing policy for a product or service. There are several components: cost definition and measurement; measurement of price sensitivity and the implied market segmentation; strategic analysis vis--vis competitors and distributors; and the legal aspects of pricing. Topics include: economic value analysis, incremental profit analysis, bundling and tie-in sales, product-line pricing and competitive pricing. Prerequisites: ECO 207 and MKT 203 ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Cardot will not be able to override additional students. All request must go through the previously mentioned email. |
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ECON 241-1
Richard Cardot
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This course prepares future managers to analyze the environment in which their firm/organization operates and to arrive at an appropriate pricing policy for a product or service. There are several components: cost definition and measurement; measurement of price sensitivity and the implied market segmentation; strategic analysis vis--vis competitors and distributors; and the legal aspects of pricing. Topics include: economic value analysis, incremental profit analysis, bundling and tie-in sales, product-line pricing and competitive pricing. Prerequisites: ECO 207 and MKT 203 ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Cardot will not be able to override additional students. All request must go through the previously mentioned email. |
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ECON 214-2
Gerard Wedig
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The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for addressing and solving important organizational problems. Key elements include: the understanding and development of corporate strategy, the importance of executing the strategy and the tenants behind both a performance-evaluation system and compensation/incentive system. Each of these elements is analyzed with the intent of establishing a framework to be applied toward a variety of contemporary managerial topics such as industrial transition, the success and failure of some companies, the value of differentiation, leadership and business ethics. Pre-requisiteECON 207 and one statistics course. Cross-listed: STR 203 , ECON 214W This course is not open to first year students or sophomores. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Wedig will not be able to override additional students; all requests must go through the previously mentioned email |
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ECON 209-1
Hamid Firooz
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Economic growth, fluctuations, and other topics concerning the aggregate economy |
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ECON 270-1
Luis Rafael Guntin Wernik
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We live in an age in which globalization is more than ever an integral part of our lives. This course is concerned with the determination of a country’s output, inflation, interest rates, exchange rates, & trade balance in the global economy. We adopt a highly international perspective, considering the international linkages arising from capital & trade flows as well as a comparison of macroeconomic policies and performance across countries. In addition, the course examines the effects of macroeconomic events on the international business environment. By the end of this course, you should be able to understand the coverage of international macroeconomics presented in print & on TV. Useful sources of macroeconomic news include publications like The Economist or The Wall Street Journal and TV shows on CNBC or Bloomberg. |
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ECON 270W-2
Luis Rafael Guntin Wernik
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This course introduces students to the most recent work in international trade: the behavior of individual firms in international markets. We will try to understand the determinants of exporting behavior for heterogenous firms, how individual decision shape aggregate trade patterns and how they react to trade policy differently. We will explore the impacts of globalization and government policy. We will also introduce students to the new empirical work on outsourcing, FDI and multinationals, exchange rate and national account. |
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ECON 209H-1
Hamid Firooz
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National income accounting concepts, their changes and fluctuations as explained by theories of income determination. In comparison to other sections of ECO 209, this section develops those concepts more formally and mathematically. |
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ECON 208W-1
Steven Landsburg
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This course is a sequel to ECO 207. It covers a variety of topics in microeconomics. The precise content varies, but usually includes a more detailed look at alternative normative criteria, applied game theory, auction theory, the problem of social cost, and a little voting theory. |
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| Monday, Wednesday, and Friday | |
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ECON 108-1
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-2
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 217-1
Mark Bils
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This course examines how markets can engineer trades that maintain incentives in the face of transactions costs and information problems--problems of moral hazard and adverse selection. Emphasis will be placed on applications to insurance and employment markets, but with extensions to firm pricing, corporate finance, and public policies. Prerequisites are Calculus and ECON 207 |
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ECON 217W-1
Mark Bils
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This course examines how markets can engineer trades that maintain incentives in the face of transactions costs and information problems--problems of moral hazard and adverse selection. Emphasis will be placed on applications to insurance and employment markets, but with extensions to firm pricing, corporate finance, and public policies. |
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| Tuesday | |
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ECON 257-1
Joseph Inikori
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This junior seminar offers students the opportunity to research and discuss the operation and consequences of widespread corruption in the global economy and the complex historical processes economic, social, and political which help to explain the phenomenon. To make the seminar a well-focused course, discussion will focus on country-case studies (with about three selected individuals in each country) that help to demonstrate the general pattern of causes and effects. A major issue to consider, among other things, is the role of cut-throat competition among global corporations and the effects of their corrupt activities on the quality of governance.This junior seminar offers students the opportunity to research and discuss the operation and consequences of widespread corruption in the global economy and the complex historical processes economic, social, and political which help to explain the phenomenon. To make the seminar a well-focused course, discussion will focus on country-case studies (with about three selected individuals in each country) that help to demonstrate the general pattern of causes and effects. A major issue to consider, among other things, is the role of cut-throat competition among global corporations and the effects of their corrupt activities on the quality of governance. |
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| Tuesday and Thursday | |
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ECON 288-1
Yu Awaya
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Game theory is a systematic study of strategic situations. It is a theory that helps us analyze economic and political strategic issues, such as behavior of individuals in a group, competition among firms in a market, platform choices of political candidates, and so on. We will develop the basic concepts and results of game theory, including simultaneous and sequential move games, repeated games and games with incomplete information. The objective of the course is to enable the student to analyze strategic situations on his or her own. The emphasis of the course is on theoretical aspects of strategic behavior, so familiarity with mathematical formalism is required. |
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ECON 288W-1
Yu Awaya
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Game theory is a systematic study of strategic situations. It is a theory that helps us analyze economic and political strategic issues, such as behavior of individuals in a group, competition among firms in a market, platform choices of political candidates, and so on. We will develop the basic concepts and results of game theory, including simultaneous and sequential move games, repeated games and games with incomplete information. The objective of the course is to enable the student to analyze strategic situations on his or her own. The emphasis of the course is on theoretical aspects of strategic behavior, so familiarity with mathematical formalism is required. |
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ECON 230-1
Nese Yildiz
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This course is an introduction to the probability and statistical theory underlying the estimation of parameters and testing of hypotheses in economics. Linear correlation and simple regression analysis are also introduced. Students will use computers to analyze economic data. |
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ECON 231W-1
Ronni Pavan
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The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (Mth 141 or Mth161 or Mth171), Eco 207 (can be taking at same time), and Eco 230 or Stat 213 or Math/Stat 203 or DSC262 |
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ECON 238-1
Michael Rizzo
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The course will demonstrate that environmental problems are economic problems and examine the past, present and future visions of resource use, production and sustainability. |
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ECON 238W-1
Michael Rizzo
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The course will demonstrate that environmental problems are economic problems and examine the past, present and future visions of resource use, production and sustainability. |
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ECON 207-2
Elizabeth Ashby
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 231W-2
Ronni Pavan
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The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (Mth 141 or Mth161 or Mth171), Eco 207 (can be taking at same time), and Eco 230 or Stat 213 or Math/Stat 203 or DSC262 |
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ECON 271-1
Asen Kochov
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Incorporates insights from psychology into the standard economic model of consumer choice; asks if institutions can be designed to help people make better decisions. |
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ECON 271W-1
Asen Kochov
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Incorporates insights from psychology into the standard economic model of consumer choice; asks if institutions can be designed to help people make better decisions. |
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ECON 207-1
Elizabeth Ashby
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 226W-1
Alexandra Digby
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This course explores the evolution and development of the field of economics. Students will read some of the earliest economic writings (Aristotle, Aquinas), discuss mercantilism and the development of trade, examine the works of 'classical' theorists (e.g. Adam Smith, David Ricardo, Karl Marx) and the rise of 'neoclassical' theory (e.g. Jevons, Menger & Walras), as well as influential 20th century thinkers (e.g. Keynes, Schumpeter). The course concludes with a exploration of what economics will look like in the future. |
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| Wednesday | |
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ECON 108-4
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 209H-4
Hamid Firooz
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National income accounting concepts, their changes and fluctuations as explained by theories of income determination. In comparison to other sections of ECO 209, this section develops those concepts more formally and mathematically. |
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ECON 108-3
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-5
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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| Thursday | |
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ECON 108-14
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-6
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-12
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-7
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 230-2
Nese Yildiz
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This course is an introduction to the probability and statistical theory underlying the estimation of parameters and testing of hypotheses in economics. Linear correlation and simple regression analysis are also introduced. Students will use computers to analyze economic data. |
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ECON 389W-1
Michael Rizzo
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The senior seminar is a student driven independent project that culminates in the writing and presentation of a substantial piece of original economic research by each participant in the seminar. The project is approved and supervised by the instructor of the course. Interested students are encouraged to discuss potential research topics with the instructor prior to the start of the semester. |
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ECON 108-13
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-8
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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| Friday | |
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ECON 217-2
Mark Bils
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This course examines how markets can engineer trades that maintain incentives in the face of transactions costs and information problems--problems of moral hazard and adverse selection. Emphasis will be placed on applications to insurance and employment markets, but with extensions to firm pricing, corporate finance, and public policies. Prerequisites are Calculus and ECON 207 |
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ECON 108-15
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-9
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-10
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-16
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 209-5
Hamid Firooz
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Economic growth, fluctuations, and other topics concerning the aggregate economy |
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ECON 217-3
Mark Bils
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This course examines how markets can engineer trades that maintain incentives in the face of transactions costs and information problems--problems of moral hazard and adverse selection. Emphasis will be placed on applications to insurance and employment markets, but with extensions to firm pricing, corporate finance, and public policies. Prerequisites are Calculus and ECON 207 |
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ECON 230-3
Nese Yildiz
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This course is an introduction to the probability and statistical theory underlying the estimation of parameters and testing of hypotheses in economics. Linear correlation and simple regression analysis are also introduced. Students will use computers to analyze economic data. |
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ECON 108-11
Michael Rizzo
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 209-4
Hamid Firooz
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Economic growth, fluctuations, and other topics concerning the aggregate economy |
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ECON 231W-3
Ronni Pavan
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The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (Mth 141 or Mth161 or Mth171), Eco 207 (can be taking at same time), and Eco 230 or Stat 213 or Math/Stat 203 or DSC262 |
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