Equivalent Course(s): PBPL 28528. Honors papers should be outgrowths of economics electives or research assistant work for the faculty sponsor. ECON21200. The scope of the honors section is the same as the standard section, but it covers material at greater depth and using more sophisticated mathematical methods. Economics in a Globalized World. How can you increase your degree of confidence that the inferences you are drawing are correct? The COVID-19 pandemic has made things a bit chaotic in the world right now and we want to be here to support you in any way we can. Prerequisite(s): ECON 20200 (or ECON 20210) and ECON 21020 (or ECON 21030). Cannot enroll in BUSN 20620 if BUSN 37105 Data Science for Marketing Decision Making taken previously, and vice versa. Booth Book Fee may be assessed. For an earlier posting I transcribed a core list of references for the course on mathematical economics, Economics 402, taught by Henry Schultz at the University of Chicago during the Spring quarter, 1932. Instructor(s): StaffTerms Offered: TBD Terms Offered: TBD The course will start by developing the "Economic Approach" as the basic tool for analysis in economics. Instructor(s): R. AdaoTerms Offered: Spring Most students will complete the economic policy requirement with ECON23950 Economic Policy Analysis, but students interested in learning more formal approaches may use one of the other macroeconomics courses listed below to satisfy the requirement. If designed and managed properly, these networks can be a crucial source of competitive advantage for both manufacturing and service enterprises. 100 Units. We will study consumption-savings problems, income dynamics, wealth inequality in partial and general equilibrium, and the effects of fiscal and monetary policy in the presence of household inequality. Students should consult early in the first year with the Department of Economics Undergraduate Program to design a curriculum that satisfies their professional goals. 2. Instructor(s): P. PenaTerms Offered: Spring All first year college students are restricted from enrolling into this course. 100 Units. Instructor(s): Faculty TBDTerms Offered: TBD Throughout the class, emphasis will be put on project-driven computational exercises involving large datasets. List. Students must providecompellingreasoning as to why this course should count as a business economics elective and not as a general education credit. All first year college students are restricted from enrolling into this course. Prerequisite(s): ECON 20100/20110 and ECON 21020/21030. This course focuses on internal operations, cost analysis, and performance evaluation, as opposed to the evaluation of external financial statements. Develop a builder's eye for problems that can be solved with technology. ECON22030. 02 Chicago: City on the Make by Nelson Algren. Instructor(s): E. Jiang; C. YannelisTerms Offered: Spring Microeconomics / Economic Theory Even if you plan to study a subject which is closer to Macroeconomics or Econometrics, it is important to have a good grounding in Microeconomic Theory. Time Series Econometrics. Formal Models of Political Economics. (A), Instructor(s): C. VoglerTerms Offered: Winter Reading List; Newsletters & Alerts; . 100 Units. Winter. They may take MATH 15250 prior to or concurrently with ECON 20000/20010. Biochemistry and Molecular Biophysics. Booth Book Fee may be assessed. This course analyzes the economics of health and medical care in the United States with particular attention to the role of government. Students pursuing the business economics specialization may petition to count up to two courses outside of the University of Chicago Department of Economics toward the major requirements. Enrollments for all students will be processed in timestamp order starting March 2. ECON11020. Spring Instructor(s): S. SalasTerms Offered: Spring Completion of ECON 19900 is strongly recommended of students without a prior macroeconomics course. All first year college students are restricted from enrolling into this course. Students should consult with the chairs by the earliest BA proposal deadline (or by the end of third year, when neither program publishes a deadline). Applications include economic models of network formation, and dimension reduction for structural economic models. How can I improve my leadership skills? ECON20110. BUSN20405. chicagodesigncompetition@lists.uchicago.edu. BUSN20820. 100 Units. Note(s): Students may not receive credit for both ECON 13000 and ECON 23950. Instructor(s): K. YoshidaTerms Offered: Spring This course will help students develop an understanding of issues in international macroeconomics that are important for investors and managers operating in the global marketplace. Practice is provided in understanding recent international economic events and current policy topics. We discuss contemporary topics (e.g., distribution of income, the environment, education, sports, health care). Applications cover both the manufacturing and services sectors. Applications of Econometric and Data Science Methods. Prerequisite(s): ECON 20100/20110 and STAT 23400/24400/24410/ECON 21010. Behavioral Science. ECON11310. Refer to FAQ webpage for registration and schedule details: https://tinyurl.com/y8wz3oge. Booth Book Fee may be assessed. This course explores the big ideas in macroeconomics in a way that is enjoyable and accessible, with minimal reliance on mathematics. 100 Units. Undergraduate History Journal List. To be considered for honors in economics, students must meet the following requirements: (1) a GPA of 3.5 or higher in the major and a GPA of 3.2 or higher overall, (2) participation in the honors workshop and sole authorship of an independent research paper on a topic in economics, and (3) a faculty sponsor's letter evaluating this independent research paper. Equivalent Course(s): PPHA 38300, PBPL 28300, CCTS 38300. University of Chicago Press. All first year College students are restricted from enrolling into this course. For anthropology graduate students at the University of Chicago. All first year college students are restricted from enrolling into this course. First year students may enroll in Econ 20000 concurrently with Math 16300/16310 if they have received an A/A- in both Math 16100/16110 and Math 16200/16210. Instructor(s): F. AlvarezTerms Offered: Spring Instructor(s): Faculty TBDTerms Offered: TBD This course introduces students to the key tools of econometric analysis: Probability theory, including probability spaces, random variables, distributions and conditional expectation; Asymptotic theory, including convergence in probability, convergence in distribution, continuous mapping theorems, laws of large numbers, central limit theorems and the delta method; Estimation and inference, including finite sample and asymptotic statistical properties of estimators, confidence intervals and hypothesis testing; Applications to linear models, including properties of ordinary least squares, maximum likelihood and instrumental variables estimators; Non-linear models. The course focuses on monetary and fiscal issues in the macroeconomy and their interplay. To what extent should public policy respond to shortfalls from rationality or concern itself with promoting happiness? Terms Offered: Autumn,Spring,Summer,Winter Prerequisite(s): By consent of instructor and approval of department counselor. Such models examine explicitly the incentives of participants in political processes and generate predictions of their behavior based on such incentives and any confounding strategic considerations. Students must take Chicago Booth courses in at least three thematic "bundles." SOCI 30005 Statistical Methods of Research 2. Prerequisite(s): ECON 20100/20110. How do you choose the right minimum detectable effect size for estimating the sample size needed to run a high quality RCT? Remainder of class is dedicated to the discussion of several business examples which will highlight and practically demonstrate the theories, concepts, analytical techniques and empirical findings useful in marketing management in slide decks on Canvas. This course requires students to consider how their views on the role and conduct of business relate to the ideas of important thinkers, and to apply their views to business settings by discussing controversial topics or decisions. Get the latest updates on new releases, special offers, and media highlights when you subscribe to our email lists! Many companies (especially "lean startups") are purely software-based. The BUSN 3XXXX-level and above versions will be subject to Chicago Booth's academic and administrative policies. The scope of the honors section is the same as the standard section, but it covers material at greater depth and using more sophisticated mathematical methods. Other topics may include nonlinear models, panel data, quantile regression, time series, the bootstrap, and nonparametric regression. Note that ECON 11010, ECON 11020, ECON 19000, ECON 19100, ECON 21010, ECON 21020, ECON 21030, and ECON 23950 are exceptions to this and cannot be used to satisfy the elective requirement for the specialization in business economics. Finally, this course presents several measures of consumer welfare. This course is intended for students who are planning to study economics at the graduate level. The 1964 reading list from the Johns Hopkins University course in monetary theory taught by the still ABD Chicago-trained economist William Poole. Previous recipients of the award include Karl Brunner, George J. Stigler, James M. Buchanan, Milton Friedman, and Gary S. Becker, among others. The following (graduate) reading list comes from Zvi Griliches' papers at the Harvard University Archives. Behavioral Economics. This course develops, critically assesses, and applies theories of pricing derivatives. Students in this course can expect to learn: The course will provide an introduction to structural modeling for conducting policy counterfactuals. It must be completed and returned to the College adviser by the end of Autumn Quarter of the student's year of graduation. A note on professional school courses: The rules of the College allow students to use no more than four courses from professional schools (e.g., BUSN 3XXXX-level/4XXXX-level courses, Harris Public Policy, etc.) Financial Accounting (BUSN 20100 or 30000) required. Decision and Strategy. 100 Units. Numerous tools used to support the framework are also introduced. Topics include arbitrage pricing, the capital asset pricing model, and the theory of efficient markets and option pricing. 100 Units. Note(s): *This course does not apply toward economics major requirements. Chicago Fields Suggested Reading Syllabus. 100 Units. Introduction to the Macroeconomics of Monetary and Fiscal Policy. Chicago, IL 60637 The content is based on insights from the core discipline of social psychology. Topics include the police, prisons, gang behavior, guns, drugs, capital punishment, labor markets and the macroeconomy, and income inequality. Econ 24720 or Econ 22410 may be used as an economics elective, but only one of the two may be used toward economics major requirements. That list was found in the papers of Albert G. Hart in the Columbia University archives. University of Chicago (Booth) 2023 Rankings. Prerequisite(s): ECON 10000/19800/20000/20010 and ECON 10200/19900/20200/20210 The honors sequence is designed for students interested in economics research and/or use of more sophisticated mathematical models. The course emphasizes all steps of the process of empirical research: data collection, analysis, and presentation (both written and oral). Multiple examples of this process will be discussed and students will be expected to read and evaluate existing research. Note(s): Students may count either ECON 20510 or ECON 20520, but not both, toward the 42 credits required for graduation. The Elements of Economic Analysis III Honors. ECMA31330. BUSN20140. The program of study for the Ph.D. degree in Economics includes courses and comprehensive examinations in the three "Core" subjects of Price Theory; the Theory of Income, Employment, and the Price Level; and Quantitative Methods. In this class, students will engage basic issues, conflicts, and innovative field research in economics of gender in international contexts. Prerequisite(s): ECON 10000/20000/20010 and STAT 22000/STAT 23400/ECON 11010. Instructor(s): D. KoustasTerms Offered: Spring Heavy emphasis will be placed on discussion of real examples and business applications of these methodologies. Innovation taken previously, and vice versa. MATH 16000s and 16010s: Students enrolling in the MATH 16000s sequences must complete MATH16200 Honors Calculus II or MATH16210 Honors Calculus II (IBL) before enrolling in ECON20000 The Elements of Economic Analysis I. Enrollment in ECON20000 The Elements of Economic Analysis I requires completion or concurrent enrollment in MATH16300 Honors Calculus III/MATH16310 Honors Calculus III (IBL) and demonstrated competency in Microeconomics (see Core Curriculum for details). Who gains and who loses from international trade within a country? Introduction to Issues and Methods in Microeconomics. University Presses like Chicago are committed to making available works that not only keep us informed but also help us to better understand the world. Chicago is not only in our name, it's woven into the fabric of this institution. Equivalent Course(s): ECON 20780. There will be specific focus on strategic decisions and the factors that influence firms' competitive advantages. ECON20010. We've curated more than 400 of our best new and bestselling books as part of our annual Reading promotion! 100 Units. This includes how organizations are structured from a tax-status perspective; common business models; management tools such as the construct of theory of change/intended impact, impact measurement, marketing to donors & beneficiaries; managing paid & unpaid labor; funding sources such as philanthropy & impact investing; governance; and scale and growth. Real-world applicability is discussed using practical examples. Prerequisite(s): CMSC 12300/14200/15200/16200 and ECON 21020 (ECON 21030 Honors Econometrics preferred). The Economics of Organizations: An Experimental Perspective. (Note: ECON 10200 may be used to fulfill one economics elective requirement for students who matriculated in 201617 or later.). Instructor(s): R. Betina; StaffTerms Offered: Autumn Throughout the program, students will have the opportunity to practice both academic and informal spoken English. All first year college students are restricted from enrolling into this course. ECON28100. Topics covered include analysis of variance and multiple regression, considered as they are used by practicing social scientists. Cannot enroll in BUSN 20150 if BUSN 30130 Financial Statement Analysis taken previously, and vice versa. Note: Provisional and early final grades are not given for economics graduate courses or BUSN 3XXXX-level (and higher) courses. Instructor(s): R. WhiteTerms Offered: Autumn Facts Cross-section, lifecycle (earnings dynamics) and intergenerational within and across countries Top 1% and executive pay Measuring poverty and real income How important are trade- and skill-biased technical change? Students are strongly encouraged to complete ECON10000 Principles of Microeconomics prior toECON20000 The Elements of Economic Analysis I(orECON20010 The Elements of Economic Analysis I Honors) and ECON10200 Principles of Macroeconomics prior toECON20200 The Elements of Economic Analysis III(orECON20210 The Elements of Economic Analysis III Honors). ECON26920. What does the Fed do? Equivalent Course(s): PBPL 23420. Assignments include regular class participation and several home assignments (in particular, students will be asked to choose 1 paper to master and to write an essay on it; there will be also offered sets of problems and practical questions). Understand the general, platform-independent patterns of how apps work. The SAT composite score range for the middle . This is an introductory course to experimental economics and on how to gather your own data using experimental methods to answer important economic questions. Big Data Tools in Economics. We will cover models at an abstract and advanced level. Refer to FAQ webpage for registration and schedule details: https://tinyurl.com/y8wz3oge. Emphasis will be placed on developing effective programming and research practices. 100 Units. Prerequisite(s): Faculty sponsorship and consent of honors workshop supervisors. This course will move back and forth between formal, optimal models and behavioral, descriptive models to help you understand and improve your native decision making abilities. The course examines the markets for primary, secondary, and post-secondary schooling. If a student writes an MA thesis and wants to submit it for departmental honors, then the student must submit the full thesis by the deadline for the undergraduate honors thesis (typically Friday of week 5 of Spring Quarter). Prerequisite(s): ECON 20100/20110 and ECON 21020/21030. In that context, the students will learn about dynamic programming, rational expectations, intertemporal optimization, asset pricing, the Frisch elasticity of labor supply, log-linearization, and computational tools to solve for the recursive law of motion of dynamic stochastic general equilibrium models. 2023 Rankings. In this course, we will explore these big economic ideas, without the math. This promotion will run from July 1, 2022, to December 31, 2022. Prerequisite(s): BUSN 20600 or BUSN 37000 required prereq. Prerequisite(s): ECON 20100/20110; ECON 21010, or STAT 23400/24400/24410 and MATH 19620 (or MATH 20000 or STAT 24300 or MATH 20250). The second part of the course focuses on equity valuation, e.g., the preparation of pro forma financial statements, and the use of various valuation models. Note(s): Student may count only one of [ECON 10700 or ECON 20700 or ECON 20770/ECMA 30770] toward the 42 credits required for graduation. ECON12413. The techniques we will employ will be useful for both equity and credit analysis. Refer to FAQ webpage for registration and schedule details: https://tinyurl.com/y8wz3oge. Equivalent Course(s): ECMA 30780. Rosenwald Hall 105 ECON16710. Instructor(s): S. MarcelloTerms Offered: Winter First-year students must also pass the economics placement exam or complete ECON 10000 (or ECON 19800). Refer to FAQ webpage for registration and schedule details: https://tinyurl.com/y8wz3oge. The Elements of Economic Analysis I. Prerequisite(s): ECON 20200/20210. Booth Book Fee may be assessed. Prerequisite(s): PQs for Undergraduates:ECON 20100/20110 and ECON 21020/21030. Winter To be considered, these courses must require the equivalent prerequisite course work of ECON20100 The Elements of Economic Analysis II. 100 Units. Note: Early final grades are not given for BUSN 3XXXX-level (and higher) courses. Some basic knowledge on regression analysis is also required. The course is appropriate for advanced undergraduates who are interested in a rigorous mathematical approach to decision making in strategic situations. Instructor(s): J. To be eligible, you must either make a gift to the Law School or send your name and address to: University of Chicago Law School, Office of External Affairs c/o Laurel Lindemann 1111 E. 60th Street Introduction to Labor Economics. Third- or fourth-year standing. Booth Book Fee may be assessed. My name is Simone, and Im an admissions counselor here at UChicago. Students who complete the empirical methods component of the major with just two courses (ECON21010 Statistical Methods in Economics andECON21020 Econometrics) must complete an additional economics elective, as discussed in Electives. The applications will include oligopoly, auctions, and bargaining. Enrollment by permission based on the feasibility summary application. They may take MATH 15250 prior to or concurrently with ECON 20000/20010. Note (s): PBPL 22100-22200-22300 may be taken in or out of sequence.