Univertsity of Chicago: Department of Economics

Graduate Program/ PhD Progam in Detail/Graduate Courses by Areas of Study 07-08

Graduate Courses by Areas of Study 2007-08 (revised 1/4/08)

THE CORE

Price Theory
30100    Price Theory I  [=LAWS 43611] --  Murphy /Becker (F)
30200    Price Theory II
  [=LAWS 43621] --  Becker / Murphy / Myerson (W)
30300    Price Theory III
 --  Sonnenschein / Reny (Sp)

Theory of Income
33000    Theory of Income I
  --  Alvarez (F)
33100    Theory of Income II
 --  Stokey (W)
33200    Theory of Income III
 --  Shimer (Sp)

Quantitative Methods
30400    Introduction to Mathematical Methods in Economics
 -- Szentes(9/4/07-9/17/07)
31000    Empirical Analysis I
 --  Schennach (F)
31100    Empirical Analysis II
 --  Hansen / Uhlig (W)
31200
    Empirical Analysis III --  Neal / Hortacsu (Sp)

THE SPECIALIZED FIELDS

Mathematical Economics
30500*    Game Theory  –  Szentes (Sp)
30600*    The Economics of Information  [=GSBC 33911]  --  Harris (F)
30801*    Contracts and Mechanism Design  --  Pavan (F)
37900*    Dynamic Contracts with Macro Applications  --  Fuchs (W)

                [Note:  If ECON 37900 was used to meet Specialized Field or Distribution requirements
                in the Capital Theory / Money and Banking field in 2006-07, it may not be used again
                for such requirements in the Mathematical Economics field.]

Econometrics and Statistics**
31800    Advanced Econometrics  [=GSBC 41911]   --  Conley (Sp)

               **There will not be a Specialized Field examination for Econometrics and Statistics in
                    2007-2008.

Economic History
32000*   Topics in American Economic History --  Galenson (F, W)
32100 
    Colonization, Servitude and Slavery: The Early American Experience -- Galenson (W)
32200*
   Population and the Economy  [=GSBC 33470] --  Fogel (F)
32300
     A Guide to Business Ethics  [=GSBC 38114] --  Fogel (W)
32400
     Economics and Demography of Marketing  [=GSBC 37104] --  Fogel (Sp)

Labor Economics / Human Capital
34201*    Applied Price Theory
 --  Murphy / Oster (W)
34300*    Human Capital
  [= SOCI 30306] --  Becker (F)
34500*†  Empirical Labor Economics --  Heckman (Sp)

NOTE:  Vytlacil will not be able to visit this year, so his course and this field are no longer offered.
Labor Econometrics

34500*†  Empirical Labor Economics --  Heckman (Sp)
34701*    Microeconometrics of Endogenous Regressors in Semiparametric and Nonparametric
                    Models  --  Vytlacil (Sp)    

†  No course can be counted for credit in more than one field.

Economic Growth / International Trade
35301*    International Trade and Growth -- Lucas (F)
35700*
    Firms andInternational Trade -- Chaney (W)
35800*    Quantitative Analysis in International Trade -- Kortum (Sp)

Public Sector Economics
36200*    Public Sector Economics  -- Mulligan  (F)
36301*    Public Economics  [=PPHA 44000] --  Meyer (W)
36401*    Public Policy and Employment  --  Shimer (Sp)

Development Economics
36800*    Theoretical Models Of Development – Basu / Myerson (F)
36900*    Transformation Economies  --  Kaboski (F)
37000*    Enterprise and the Evaluation of Financial Systems: Applied General Equilibrium
                    Analysis  [=GSBC 35920]  --  Townsend (Sp) 

Empirical Macroeconomics And Time Series  
38000*    Solving, Estimating and Analyzing Stochastic Models of the Macro Economy 
                    [=GSBC 33945]  --  Hansen / Uhlig (W)
38100*    Observable Implications of Equilibrium Models in Macroeconomics and Finance 
                    [=GSBC 35911]  -- Heaton / Hansen (Sp)

Financial Economics **
38900*    Theory of Financial Decisions I  [=GSBC 35901]  --  Fama (F)
39001*    Theory of Financial Decisions II  [=GSBC 35902]  --  Diamond / Rajan / Rauh (W)
39400*    Theory of Financial Decisions III  [=GSBC 35903]  --  Diamond / Zingales (Sp)

              **There will not be a Specialized Field examination for Financial Economics in
                    2007-2008.

Asset Pricing and Macroeconomic Dynamics
39100*    Asset Pricing  [= GSBC 35904]  --  Cochrane (F)
39200*    Topics in Empirical Finance  [=GSBC 35905]  --   Heaton / Hansen (W)
39600*    Topics in Asset Pricing  [=GSBC 35907]  –  Veronesi (Sp)

Industrial Organization
40101*    Advanced Industrial Organization I  [=GSBC 33921]  --  Fox (F)
40201*    Advanced Industrial Organization II  [=GSBC 33922]  --  Syverson (W)

OTHER COURSES

40901    Applications of Contract Theory to Development, Finance, and Labor -- Townsend (W)  --NEW!!

41100    Experimental Economics [=ECON 21800]  --  List  (Sp)

41400    Brownian Models  --  Stokey (F)

41800    Numerical Methods in Economics
  --  Judd (F)

41901/ 41902    Longitudinal Data Analysis I & II  [=PPHA 45400/ PPHA 45401]  --  Heckman (W/Sp)    ¬¬The Spring Quarter class has been CANCELLED.

42100    An Introduction to Doing Empirical Microeconomic Research --  Levitt (W)

42300    Introduction to Doing Formal Economic Theory
 --  Sonnenschein (Sp)

44300     Poverty, Inequality and Social Policy in Latin America [=LACS 29301/39301
                    = PBPL 37001]  --  Barros (W)
¬¬NEW!!

49900-    Individual Research (for Required Research Paper: to be arranged between individual faculty and students).  See Time Schedule for faculty Section Numbers

Workshops or Working Groups
(Required for all Post-Core students)
50000-60000's          see  Course Descriptions and Time Schedule    

*  Courses marked with an asterisk(*) are intended to provide the basis for the Specialized Field requirements. Students are expected to be familiar with the material covered in these courses, but Field requirements generally do not exceed three courses. When a Field has two or three courses marked with an asterisk, then those courses constitute the required sequence for the Field, whether evaluated by Preliminary Examinations or by GPA. When there are more than three such courses in a Field, familiarity with the material covered in any three of them is often, but not always, sufficient for the Field examination. Students wishing clarification should check with the Chairman of the Examining Committee. A course without an asterisk is an optional course in the Field and may be counted for General Distribution purposes.