Economics Coursework Evaluation

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Prerequisites: ECON 1; and MATH 10C or 20C or 31BH. Econometrics B (4) Basic econometric methods, including the linear regression, hypothesis testing, quantifying uncertainty using confidence intervals, and distinguishing correlation from causality. Topics include: examination of major policy changes (e.g., shifts toward export promotion, heavy and chemical industries promotion); Korea’s industrial structure, including the role of large enterprises (chaebol); role of government; and links between Korea and other countries. Decisions Under Uncertainty (4) Decision making when the consequences are uncertain. Economic and Business Forecasting (4) Survey of theoretical and practical aspects of statistical and economic forecasting. Senior Essay Seminar A (4) Senior essay seminar for students with superior records in department majors. Senior Essay Seminar B (4) Senior essay seminar for students with superior records in department majors. Introduction to Teaching Economics (4) Introduction to teaching economics.

Credit not allowed for both ECON 120B after MATH 181B. Honors Econometrics A (1) Honors sequence expanding on the material taught in ECON 120A. May be taken concurrently with ECON 120A or after successful completion of ECON 120A with A– or better or consent of instructor. Honors Econometrics B (1) Honors sequence expanding on the material taught in ECON 120B. May be taken concurrently with ECON 120B or after successful completion of ECON 120B with A– or better or consent of instructor. Honors Econometrics C (1) Honors sequence expanding on the material taught in ECON 120C. May be taken concurrently with ECON 120C or after successful completion of ECON 120C with A– or better or consent of instructor. Applied Econometrics (4) Application of econometric methods to such areas as labor supply, human capital, and financial time series. Decision trees, payoff tables, decision criteria, expected utility theory, risk aversion, sample information. Such topics as long-run and short-run horizons, leading indicator analysis, econometric models, technological and population forecasts, forecast evaluation, and the use of forecasts for public policy. Students must complete ECON 191A and ECON 191B in consecutive quarters. Students must complete ECON 191A and ECON 191B in consecutive quarters. Each student will be responsible for a class section in one of the lower-division economics courses. Enrollment limited to Economics Ph D students (EN75) or Rady Ph D students (RS79); or consent of instructor. Microeconomics C (4) Information economics: static and dynamic games of incomplete information, signaling, screening, and lemons.

Students engage in hands-on learning with applied social science problems.

Basics of probability, visual display of data, data collection and management, hypothesis testing, and computation.

Discusses macroeconomic policies under different exchange rate regimes and implications for financial stability and current account sustainability. These tools are used to understand multilateral trade and investment agreements, such as NAFTA, and international organizations, such as the WTO. Economic Regulation and Antitrust Policy (4) Detailed treatment of antitrust policy: Sherman Act, price fixing, collusive practices, predatory pricing, price discrimination, double marginalization, exclusive territories, resale price maintenance, refusal to deal, and foreclosure. Behavioral Economics (4) Course will study economic models in which standard economic rationality assumptions are combined with psychologically plausible assumptions on behavior. Experimental Economics (4) Explore use of experiments to study individual and interactive (strategic) decision making.

Theory of regulation and regulatory experience in electrical utilities, oil, telecommunications, broadcasting, etc. Analysis of people’s decisions when the consequences of the decisions depend on what other people do. We consider whether the new models improve ability to predict and understand phenomena including altruism, trust and reciprocity, procrastination, and self-control. Topics may include choice over risky alternatives, altruism and reciprocity, allocation and information aggregation in competitive markets, cooperation and collusion, bidding in auctions, strategy in coordination and “outguessing” games. Enrollment limited to EN25, EN26, EN28, and MA33 majors only. Economics of Conservation (4) Examines conservation of biodiversity from an economic perspective. Economics of Mexico (4) Survey of the Mexican economy. The Indian Economy (4) Survey of the Indian economy.

Principles of Microeconomics (4) Introduction to the study of the economic system.

Course will introduce the standard economic models used to examine how individuals and firms make decisions in perfectly competitive markets, and how these decisions affect supply and demand in output markets. Data Analytics for the Social Sciences (4) (Cross-listed with POLI 5D.) Introduction to probability and analysis for understanding data in the social world.

This means completing all prerequisite courses (or their equivalent) and enrolling in any remaining courses immediately during the first semester at Berkeley.

* At least one math or stat prerequisite course must be taken at UC Berkeley.


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