Economics 252b: Financial Markets

Economics 510a: General Economic Theory: Macroeconomics (Syllabus)

Analysis of short-run and long-run determination of aggregate employment, income, inflation, wages, and interest rates.Private consumption and investment behavior. Economic growth. Stochastic dynamic programming with applications to macroeconomics.

Economics 525a: Advanced Macroeconomics I (Syllabus)

Heterogeneous agent economics, investment, scrapping and firing, nonquadratic adjustment costs, financial constraints, financial intermediation, psychology of decision making under risk, optimal risk management, financial markets, consumption behavior, monetary policy, term structure of interest rates.

Economics 527a: Behavioral and Institutional Economics (Syllabus)

Behavioral economics incorporates insights from other social sciences, such as psychology and sociology, into economic models, and attempts to explain anomalies that defy standard economic analysis. Institutional economics is the study of the evolution of economic organizations, laws, contracts, and customs as part of a historical and continuing process of economic development. Behavioral economics and institutional economics are naturally treated together, since so much of the logic and design of economic institutions has to do with complexities of human behavior.