Department of Economics


Economic Theory

ECO 6371.  Introduction to Quantitative Economics.  The main objective of this course is to prepare the first-year graduate student of economics for the study of economic theory and econometrics.  Topics in mathematics and probability that are widely applied in economic theory and econometrics are covered.  Prerequisites:  Graduate standing or permission of instructor.

ECO 6384.  Microeconomic Theory I.  Basic theories of the firm under competitive and monopolistic conditions and basic theory of consumer behavior.

ECO 6385.  Microeconomic Theory II.  Extension of topics covered in ECO 6384, including monopolistic competition, intertemporal optimization, behavior under uncertainty, and welfare economics.  Prerequisites:  ECO 6384

ECO 6386.  Microeconomic Theory III.  The course uses game theory to introduce students to the strategic aspects of some of the economic models developed in Microeconomic Theory I (ECO 6384) and Microeconomic Theory II (ECO 6385).  Game theory also is used to formulate and solve new problems and analyze new economic models.  Prerequisites:  ECO 6385

ECO 6394.  Macroeconomic Theory I.  Basic theories concerning the determination of national income, employment, consumption, investment, and the general price level.

ECO 6395.  Macroeconomic Theory II.  The course provides theoretical and empirical underpinnings for macroeconomic models of economy, with an emphasis on economic policy.  Prerequisite: ECO 6394

ECO 6396.  Macroeconomic Theory III.  This course will cover recent developments in the related areas of business cycle theory, monetary theory, asset pricing, and open economy macroeconomics.  Prerequisite: ECO 6395

ECO 7302.  Topics in Economic Theory.  Selected topics to complement the material in the Micro and Macro sequence.   

Advanced Theory

ECO 7305.  Mathematical Economics.  Applications of mathematical tools to various economic problems.

ECO 7306.  Advanced Economic Theory.  A variety of advanced topics in theory not covered in the core theory sequence as for example Uncertainty or Applied Economic Theory.

International Economics

ECO 7332.  International Macroeconomic Theory and Policy. This course will examine dynamic models of trade, aggregate economic outcomes in the presence of trade frictions, the effects of unbalanced trade and the current account as well as sectoral linkages and global supply chains.

ECO 7333.  Theory of International Trade and Factor Movements. This is a course in international trade policy. Emphasis will be placed on optimal policy, the purpose and role of trade agreements, the political economy of trade policy and the distributional impacts that trade has on labor markets. Both theoretical and empirical methods will be emphasized.

Development Economics

ECO 7334.  Development Economics.  Application of economic theory to developing economies, including population and household economies, agriculture, industry, international trade and factor movements, and investment project evaluation.  

Human Resources

ECO 7321.  Theory of Labor Economics.  Theories and empirical testing of hypotheses concerning the behavior of labor markets.

ECO 7322.  The Development of Human Capital.  Theories concerned with the investment in human capital and its impact on economic growth.


ECO 6372.  Econometrics I.  Theory and applications.  Topics include probability and sampling, distribution theory, estimation, hypothesis testing and simple regression analysis.  Prerequisite:  ECO 6371 or equivalent.

ECO 6374.  Econometrics II.  Econometric theory and methods with emphasis on the multiple regression model and its extensions.  Prerequisite: ECO 6372

ECO 6375.  Econometrics III.  This course is intended to provided students with an introduction to advanced econometric techniques.  Topics include limited dependent variables, panel data models, time series models, and resampling methods.  Prerequisite:  ECO 6374

ECO 7075, ECO 7275.  Econometrics Workshop.  New developments in applied theoretical econometrics, time series analysis and related mathematical and statistical topics.  Faculty and students will present and discuss their latest research findings in econometrics in some sessions.  Prerequisite:  ECO 6374 or higher.

ECO 7376.  Macroeconometrics.  Advanced topics in time series econometrics.  Possible topics include VAR models, unit roots, cointegration, forecast and policy analysis, and structural breaks. 

ECO 7377.  Microeconometrics.  Advanced topics in cross sections and panel data econometrics.  Possible topics include treatment effect models, switching regression and selection bias models dynamic panel data models, and spatial econometrics.

ECO 7378.  Topics in Econometrics.  Further current topics in theoretical and applied econometrics.  Topics will vary and reflect current student and faculty's demand and instructors' interests. 

Monetary Economics

ECO 7361.  Monetary Economics.  Various theories on the role of money in economic systems, and the impact of the money market on economic aggregates and the price level.

ECO 7362.  Monetary Theory and Policy.  Monetary institutions and the impact of monetary policies on different segments of the economy.

Industrial Organization

ECO 7341.  Market Structure, Conduct, and Performance.  The study of the relationships between various market structures and their impacts on economic performance.

ECO 7342.  Imperfect Markets: Theory and Policy.  The study of models of imperfect markets, antitrust laws and other trade regulations, and their effects on economic performance.

Public Finance

ECO 7351.  Public Finance Theory and Policy.  Theory and policy of taxation and public expenditures.

ECO 7352.  Public Finance at Local Levels.  Fiscal problems of states and metropolitan areas.

Experimental Economics

ECO 7381.  Methods of Experimental Economics.  Provides students the foundation for understanding and using experimental methods in economic research. Offers training in fundamental methods and applies those methods to several fields of economic research. Focuses on how to clearly specify and set up research questions as well as how to bring appropriate methods to bear in answering those questions.

Independent Studies and Workshops

ECO 7101, ECO 7201, ECO 7301.  Readings in Economics. Selected topics to complement the material in the Ph.D. program.

ECO 7004, ECO 7304.  Pre-prospectus Workshop.  This course analyzes research strategies of seminar speakers, faculty members, and students.  Each student must present a paper directly related to his or her own prospectus.

ECO 8000, ECO 8100, ECO 8398, ECO 8698, ECO 8998.  Dissertation Research.  Ph.D. candidates.

ECO 8399, ECO 8699, ECO 8999.  Dissertation Research.  Ph.D. candidates.

ECO 6049.  Graduate Student Full Time Status. Full time status for M.A. students.

ECO 8049.  Graduate Student Full Time Status. Full time status for Ph.D. students.