About the Program
Bachelor of Arts (BA)
The Department of Economics is home to over 900 undergraduate students. Economics majors can enroll in a broad array of economics courses, ranging from economic history to advanced macroeconomics. Students are encouraged to study abroad, participate in research, and take advantage of the many opportunities Berkeley has to offer.
Declaring the Major
As an impacted major with a highly competitive admissions process, the economics major is capped. Students who want to apply to the Economics major must have completed or be currently enrolled in all the major prerequisites. After Fall 2004, students admitted to Berkeley as freshmen must apply by their fifth semester of post-high school coursework unless they have fewer than 80 total units. This total includes coursework in progress but excludes high school enrichment units, e.g. Advanced Placement, International Baccalaureate, or other college units earned prior to high school graduation. Transfer students admitted to Berkeley in Fall 2006 and later are required to enroll in missing prerequisites and apply to the major during their first semester at Berkeley. The unit cap does not apply to transfer students.
For more information, please visit the Department's website.
Honors Program
Students interested in graduating with honors in Economics should consult with a faculty advisor no later than the first semester of their senior year. The Department recommends a student for graduation with honors based on: evidence of superior performance provided by a thesis written in the senior year and the student's course grade record overall and in the major. The minimum major grade point average (GPA) requirement is 3.5 in upper division economics courses and 3.3 GPA overall. The senior thesis may be an extension of a seminar paper prepared under the continued guidance of a faculty member through enrollment in ECON H195A/ECON H195B.
Minor Program
There is no minor program in Economics.
Major Requirements
In addition to the University, campus, and college requirements, listed on the College Requirements tab, students must fulfill the below requirements specific to their major program.
General Guidelines
- All courses taken to fulfill the major requirements below must be taken for graded credit, other than courses listed which are offered on a Pass/No Pass basis only. Other exceptions to this requirement are noted as applicable.
- No more than one upper-division course may be used to simultaneously fulfill requirements for a student's major and minor programs, with the exception of minors offered outside of the College of Letters and Science.
- A minimum grade point average (GPA) of 2.0 must be maintained in both upper- and lower-division courses used to fulfill the major requirements.
For information regarding residence requirements and unit requirements, please see the College Requirements tab.
Prerequisites (Five courses)
Select one calculus sequence from the following: 1 | ||
Calculus and Calculus | ||
Analytic Geometry and Calculus and Analytic Geometry and Calculus (or equilivalent) | ||
Select one statistics course from the following: 1 | ||
Introduction to Probability and Statistics | ||
Introductory Probability and Statistics for Business | ||
STAT 25 | Course Not Available | |
STAT 101 | Course Not Available | |
STAT 102 | Course Not Available | |
Introduction to Probability and Statistics for Life Scientists | ||
Concepts of Probability | ||
Select one of the following: | ||
Introduction to Economics | ||
Introduction to Economics--Lecture Format (or equivalent) | ||
Select one of the following: | ||
Economic Analysis--Micro | ||
Economic Analysis--Macro | ||
Economic Theory--Micro (or equivalents) | ||
Economic Theory--Macro |
1 | At least one semester of the calculus/statistics requirement must be completed at UC Berkeley. |
Upper-division Requirements (Seven courses)
Select one course from the following, to complete the sequence begun as a Prerequisite: | ||
Economic Analysis--Micro | ||
Economic Analysis--Macro | ||
Economic Theory--Micro | ||
Economic Theory--Macro | ||
Select one Econometrics class from the following: | ||
Economic Statistics and Econometrics | ||
Econometric Analysis | ||
Select five additional upper-division Economics courses |
College Requirements
Undergraduate students in the College of Letters and Science must fulfill the following requirements in addition to those required by their major program.
For detailed lists of courses that fulfill college requirements, please see the College of Letters and Sciences page in this bulletin.
Entry Level Writing
All students who will enter the University of California as freshmen must demonstrate their command of the English language by fulfilling the Entry Level Writing Requirement. Fulfillment of this requirement is also a prerequisite to enrollment in all reading and composition courses at UC Berkeley.
American History and American Institutions
The American History and Institutions requirements are based on the principle that a U.S. resident graduated from an American university should have an understanding of the history and governmental institutions of the United States.
American Cultures
American Cultures is the one requirement that all undergraduate students at Cal need to take and pass in order to graduate. The requirement offers an exciting intellectual environment centered on the study of race, ethnicity and culture of the United States. AC courses offer students opportunities to be part of research-led, highly accomplished teaching environments, grappling with the complexity of American Culture.
Quantitative Reasoning
The Quantitative Reasoning requirement is designed to ensure that students graduate with basic understanding and competency in math, statistics, or computer science. The requirement may be satisfied by exam or by taking an approved course.
Foreign Language
The Foreign Language requirement may be satisfied by demonstrating proficiency in reading comprehension, writing, and conversation in a foreign language equivalent to the second semester college level, either by passing an exam or by completing approved course work.
Reading and Composition
In order to provide a solid foundation in reading, writing and critical thinking the College requires two semesters of lower division work in composition. Students must complete a first-level reading and composition course by the end of their second semester and a second-level course by the end of their fourth semester.
Breadth Requirements
The undergraduate breadth requirements provide Berkeley students with a rich and varied educational experience outside of their major program. As the foundation of a liberal arts education, breadth courses give students a view into the intellectual life of the University while introducing them to a multitude of perspectives and approaches to research and scholarship. Engaging students in new disciplines and with peers from other majors, the breadth experience strengthens interdisciplinary connections and context that prepares Berkeley graduates to understand and solve the complex issues of their day.
Unit Requirements
-
120 total units, including at least 60 L&S units
-
Of the 120 units, 36 must be upper division units
- Of the 36 upper division units, 6 must be taken in courses offered outside your major department
Residence Requirements
For units to be considered in "residence," you must be registered in courses on the Berkeley campus as a student in the College of Letters and Science. Most students automatically fulfill the residence requirement by attending classes here for four years. In general, there is no need to be concerned about this requirement, unless you go abroad for a semester or year or want to take courses at another institution or through University Extension during your senior year. In these cases, you should make an appointment to see an adviser to determine how you can meet the Senior Residence Requirement.
Note: Courses taken through UC Extension do not count toward residence.
Senior Residence Requirement
After you become a senior (with 90 semester units earned toward your B.A. degree), you must complete at least 24 of the remaining 30 units in residence in at least two semesters. To count as residence, a semester must consist of at least 6 passed units. Intercampus Visitor, EAP, and UC Berkeley-Washington Program (UCDC) units are excluded.
You may use a Berkeley summer session to satisfy one semester of the Senior Residence Requirement, provided that you successfully complete 6 units of course work in the Summer Session and that you have been enrolled previously in the College.
Modified Senior Residence Requirement
Participants in the UC Education Abroad Program (EAP) or the UC Berkeley-Washington Program (UCDC) may meet a Modified Senior Residence Requirement by completing 24 (excluding EAP) of their final 60 semester units in residence. At least 12 of these 24 units must be completed after you have completed 90 units.
Upper Division Residence Requirement
You must complete in residence a minimum of 18 units of upper division courses (excluding EAP units), 12 of which must satisfy the requirements for your major.
Student Learning Goals
Mission
Economics is the study of how people make choices under conditions of scarcity and the results of those choices for society. Limited resources make tradeoffs necessary for consumers, businesses, and nations. Microeconomics studies how consumers make choices in using their time and spending their income and how businesses make choices in producing and selling goods and services. Macroeconomics studies the determination of national income and how it deviates from its potential (full employment) over the business cycle. The important outcomes for the national economy are income and how it is distributed, unemployment, inflation, economic growth, and how well financial markets and international trade are functioning. Economics is important in studying the impact of government policies, ranging from regulatory activities in individual markets to general measures for stabilizing and steering the economy at large. The effect of alternative economic policies on the welfare of the population is a core concern in Economics. Undergraduates should have the following knowledge and skills when they graduate with an Economics Major from UC Berkeley. The Economics Department wants their majors to have knowledge of economics principles with the skills to apply this knowledge in the following ways.
Learning Goals of the Major
Critical Thinking Skills
- Apply economic analysis to evaluate everyday problems.
- Apply economic analysis to evaluate specific policy proposals.
- Compare two or more arguments that have different conclusions to a specific issue or problem.
- Understand the role of assumptions in arguments.
Quantitative Reasoning Skills
- Understand how to use empirical evidence to evaluate an economic argument.
- Interpret statistical results.
- Conduct appropriate statistical analysis of data, and explain the statistical problems involved.
- Obtain and/or collect relevant data using specific qualitative and/or quantitative research methods.
Problem-Solving Skills
- Solve problems that have clear solutions.
- Propose solutions for problems that do not have clear answers, and indicate under what conditions they may be viable solutions.
Specialized Knowledge and Application of Skills
- In specific content areas (fields) of economics, develop deeper critical and quantitative thinking skills and apply problem-solving skills to complex problems.
Communication Skills
- Communicate effectively in written, spoken, and graphical form about specific economic issues.
- Formulate a well-organized written argument that states assumptions and hypotheses, which are supported by evidence.
- Present an economic argument orally.
Lifelong Learning Skills
- Possess a working knowledge of information databases (e.g., Econ Lit, Nexis-Lexis)
- Know how to locate and use primary data sources (e.g., BLS Household Survey, UN Human Development Index)
- Understand and evaluate current economic events and new economic ideas.
Advising
Student Services
The Economics Student Services Mission is to advise our students holistically by providing a high standard of service in a supportive and collaborative environment. Professional and peer advisors work as a team to provide accurate information in a timely manner. We partner with faculty to assist students in engaging with the campus and the global economic community. We value fairness, diversity, and the important roles our students, faculty, and staff in the Department of Economics play at the University of California, Berkeley.
Courses
Economics
ECON 1 Introduction to Economics 4 Units
A survey of economics designed to give an overview of the field.
Rules & Requirements
Credit Restrictions: Students will receive 2 units of credit for 1 after taking Economics 3 or Environmental Economics and Policy 1; no credit after taking Economics 2.
Hours & Format
Fall and/or spring: 15 weeks - 2 hours of lecture and 2 hours of discussion per week
Summer: 8 weeks - 4 hours of lecture and 4 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 2 Introduction to Economics--Lecture Format 4 Units
The course provides a survey of economics principles and methods. It covers both microeconomics, the study of consumer choice, firm behavior, and market interaction, and macroeconomics, the study of economic growth, unemployment, and inflation. Special emphasis is placed on the application of economic tools to contemporary economic problems and policies. Economics 2 differs from Economics 1 in that it has an additional hour of lecture per week and can thus cover topics in greater depth. It is particularly appropriate for intended economics majors.
Rules & Requirements
Credit Restrictions: Students will receive no credit for 2 after taking 1; 2 units after taking 3 or Environmental Economics and Policy 1.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON C3 Introduction to Environmental Economics and Policy 4 Units
Introduction to microeconomics with emphasis on resource, agricultural, and environmental issues.
Rules & Requirements
Prerequisites: Mathematics 32
Credit Restrictions: Students will receive 2 units of credit for 1 after taking Economics 1.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Also listed as: ENVECON C1
ECON 24 Freshman Seminar 1 Unit
The Freshman Seminar Program has been designed to provide new students with the opportunity to explore an intellectual topic with a faculty member in a small seminar setting. Freshman seminars are offered in all campus departments. Topics vary from department to department and semester to semester. Enrollment limited to 15 freshman.
Rules & Requirements
Repeat rules: Course may be repeated for credit as topic varies. Course may be repeated for credit when topic changes.
Hours & Format
Fall and/or spring: 15 weeks - 1 hour of seminar per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: The grading option will be decided by the instructor when the class is offered. Final exam required.
ECON 84 Sophomore Seminar 1 or 2 Units
Sophomore seminars are small interactive courses offered by faculty members in departments all across the campus. Sophomore seminars offer opportunity for close, regular intellectual contact between faculty members and students in the crucial second year. The topics vary from department to department and semester to semester. Enrollment limited to 15 sophomores.
Rules & Requirements
Prerequisites: At discretion of instructor
Repeat rules: Course may be repeated for credit as topic varies. Course may be repeated for credit when topic changes.
Hours & Format
Fall and/or spring:
5 weeks - 3-6 hours of seminar per week
10 weeks - 1.5-3 hours of seminar per week
15 weeks - 1-2 hours of seminar per week
Summer:
6 weeks - 2.5-5 hours of seminar per week
8 weeks - 1.5-3.5 hours of seminar and 2-4 hours of seminar per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: The grading option will be decided by the instructor when the class is offered. Final exam required.
ECON 98 Directed Group Study 1 - 4 Units
Written proposal must be approved by Department Chair. Seminars for the group study of selected topics, which will vary from year to year. Topics may be initiated by students.
Rules & Requirements
Credit Restrictions: Enrollment is restricted; see the Introduction to Courses and Curricula section of this catalog.
Repeat rules: Course may be repeated for credit. Course may be repeated for credit when topic changes.
Hours & Format
Fall and/or spring: 15 weeks - 1-4 hours of directed group study per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Offered for pass/not pass grade only. Final exam not required.
ECON 100A Economic Analysis--Micro 4 Units
Resource allocation and price determination.
Rules & Requirements
Prerequisites: 1 or 2 or C3, or Environmental Economics and Policy 1, and Mathematics 1A or 16A, and Mathematics 1B or 16B, or equivalent
Credit Restrictions: Students will receive no credit for 100A after taking 101A or Undergraduate Business Administration 101A. A deficient grade in Undergraduate Business Administration 101A may be repeated by taking 100A.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1-2 hours of discussion per week
Summer: 8 weeks - 6 hours of lecture and 1.5-4 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 100B Economic Analysis--Macro 4 Units
A study of the factors which determine national income, employment, and price levels, with attention to the effects of monetary and fiscal policy.
Rules & Requirements
Prerequisites: 1 or 2, and Mathematics 1A or 16A
Credit Restrictions: Students will receive no credit for 100B after taking 101B or Undergraduate Business Administration 101B. A deficient grade in Undergraduate Business Administration 101B may be repeated by taking 100B.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1-2 hours of discussion per week
Summer: 8 weeks - 6 hours of lecture and 1.5-4 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 101A Economic Theory--Micro 4 Units
Theory of resource allocation and price determination with an emphasis on microeconomic principles.
Rules & Requirements
Prerequisites: 1 or 2, Mathematics 53 or equivalent or consent of instructor
Credit Restrictions: Students will not receive credit for 101A after taking 100A or Undergraduate Business Administration 101A. A deficient grade in Undergraduate Business Administration 101A may be repeated by taking 101A.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1-2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 101B Economic Theory--Macro 4 Units
A study of theories of the determination of national income, employment, and price levels, with attention to the effects of monetary and fiscal policy.
Rules & Requirements
Prerequisites: 1 or 2, and Mathematics 1A and 1B
Credit Restrictions: Students will not receive credit for 101B after taking 100B or Undergraduate Business Administration 101B. A deficient grade in Undergraduate Business Administration 101B may be repeated by taking 101B.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1-2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON C102 Natural Resource Economics 4 Units
Introduction to the economics of natural resources. Land and the concept of economic rent. Models of optimal depletion of nonrenewable resources and optimal use of renewable resources. Application to energy, forests, fisheries, water, and climate change. Resources, growth, and sustainability.
Rules & Requirements
Prerequisites: 100, or Economics 100A or 100B
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Instructor: Sunding
Also listed as: ENVECON C102
ECON C103 Introduction to Mathematical Economics 4 Units
Selected topics illustrating the application of mathematics to economic theory. This course is intended for upper-division students in Mathematics, Statistics, the Physical Sciences, and Engineering, and for economics majors with adequate mathematical preparation. No economic background is required.
Rules & Requirements
Prerequisites: MATH 53 and 54
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Formerly known as: 103
Also listed as: MATH C103
ECON 104 Advanced Microeconomic Theory 4 Units
This course explores some issues in advanced microeconomic theory, with special emphasis on game-theoretic models and the theory of choice under uncertainty. Specific applications will vary from year to year, but will generally include topics from information economics and models of strategic interaction.
Rules & Requirements
Prerequisites: 101A or consent of instructor
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 0-1 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 105 History of Economic Thought 4 Units
A survey of the theories of major economists from Adam Smith to Keynes.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Summer:
6 weeks - 7.5 hours of lecture per week
8 weeks - 5.5 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON C110 Game Theory in the Social Sciences 4 Units
A non-technical introduction to game theory. Basic principle, and models of interaction among players, with a strong emphasis on applications to political science, economics, and other social sciences.
Rules & Requirements
Credit Restrictions: Students will receive no credit for C135 after taking Economics 104.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Formerly known as: 135
Also listed as: POL SCI C135
ECON N110 Game Theory in the Social Sciences 4 Units
A non-technical introduction to game theory. Basic principle, and models of interaction among players, with a strong emphasis on applications to political science, economics, and other social sciences.
Rules & Requirements
Credit Restrictions: Students will receive no credit for N110 after taking 104, C110, or Political Science C135.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Summer: 8 weeks - 6 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
Formerly known as: 135
ECON 113 American Economic History 4 Units
A survey of trends in the American economy; emphasis on factors explaining economic growth and on the changing distribution of the gains and losses associated with growth.
Rules & Requirements
Prerequisites: 1 or 2 or C3, or Environmental Economics C1
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 0-1 hours of discussion per week
Summer: 8 weeks - 6 hours of lecture and 0-2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON N113 American Economic History 4 Units
A survey of trends in the American economy; emphasis on factors explaining economic growth and on the changing distribution of the gains and losses associated with growth.
Rules & Requirements
Prerequisites: 1 or 2
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Summer: 8 weeks - 8 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON 115 The World Economy in the Twentieth Century 4 Units
Development of the world economic system with particular reference to world-wide trading relationships. This course is equivalent to HISTORY 160; students will not receive credit for both courses.
Rules & Requirements
Prerequisites: 1 or 2
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 0-1 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 119 Psychology and Economics 4 Units
This course presents psychological and experimental economics research demonstrating departures from perfect rationality, self-interest, and other classical assumptions of economics and explores ways that these departures can be mathematically modeled and incorporated into mainstream positive and normative economics. The course will focus on the behavioral evidence itself, especially on specific formal assumptions that capture the findings in a way that can be incorporated into economics. The implications of these new assumptions for theoretical and empirical economics will be explored.
Rules & Requirements
Prerequisites: 100A or 101A
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 0-1 hours of discussion per week
Summer: 8 weeks - 6 hours of lecture and 0-2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 121 Industrial Organization and Public Policy 4 Units
The organization and structure of production in the U.S. economy. Determinants of market structure, business behavior, and economic performance. Implications for antitrust policy.
Rules & Requirements
Prerequisites: 100A or 101A
Hours & Format
Fall and/or spring: 15 weeks - 3-3 hours of lecture and 0-1 hours of discussion per week
Summer:
6 weeks - 8-8 hours of lecture and 0-2 hours of discussion per week
8 weeks - 6-6 hours of lecture and 0-1.5 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 122 Industrial Organization Seminar 4 Units
Seminar on problems in the field of industrial organization. Seminar paper is required.
Rules & Requirements
Prerequisites: 121 and/or consent of instructor
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of seminar per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON 123 Government Regulation of Industry 3 Units
Problems of public policy in the field of industrial organization. Analysis of regulatory consequences with particular attention to economic performance.
Rules & Requirements
Prerequisites: 121
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 124 Special Topics in Industrial Organization 4 Units
Analysis of market structure, conduct and performance in selected industries. See course announcement for current topics.
Rules & Requirements
Prerequisites: 121
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON C125 Environmental Economics 4 Units
Theories of externalities and public goods applied to pollution and environmental policy. Trade-off between production and environmental amenities. Assessing nonmarket value of environmental amenities. Remediation and clean-up policies. Environment and development. Biodiversity management.
Rules & Requirements
Prerequisites: 100, Mathematics 16A-16B, or Economics 100A or 101A
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Instructor: Zilberman
Also listed as: ENVECON C101
ECON 131 Public Economics 4 Units
This course focuses on the role of the government in the economy from a theoretical and empirical perspective. The aim of the course is to provide an understanding of the reasons for government intervention in the economy, analyzing the merits of possible government policies, and the response of economic agents to the government's actions. The course covers the analysis of tax policy, social insurance programs, public goods, environmental protection, and the interaction between different levels of government. Special emphasis is set on current government policy issues such as social security reform, income tax reform, and budget deficits.
Rules & Requirements
Prerequisites: 100A-100B or 101A-101B
Hours & Format
Fall and/or spring: 15 weeks - 3-3 hours of lecture and 0-1 hours of discussion per week
Summer:
6 weeks - 7.5-7.5 hours of lecture and 0-2.5 hours of discussion per week
8 weeks - 5.5-6 hours of lecture and 0-2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 132 Seminar in Public Sector Economics 4 Units
Enrollment will be limited. A seminar paper is required.
Rules & Requirements
Prerequisites: 131 and/or consent of instructor
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of seminar per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 134 Macroeconomic Policy from the Great Depression to Today 4 Units
This course will analyze the macroeconomic challenges and policy responses in the United States over the past century. Among the key topics studied are the Great Depression and the New Deal; boom and bust monetary and fiscal policy in the early post-World War II period; the Volcker disinflation and the Great Moderation; and the 2008 financial crisis and the Great Recession.
Rules & Requirements
Prerequisites: 100B or 101B
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Instructor: Romer
ECON 136 Financial Economics 4 Units
Analysis of financial assets and institutions. The course emphasizes modern asset valuation theory and the role of financial intermediaries, and their regulation, in the financial system.
Rules & Requirements
Prerequisites: 100A or 101A, and one semester of statistics
Credit Restrictions: Students will receive no credit for 136 after taking Undergraduate Business Administration 103. Students intending on majoring in Business should not take 136.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 0-1 hours of discussion per week
Summer:
6 weeks - 8 hours of lecture and 0-2 hours of discussion per week
8 weeks - 6 hours of lecture and 0-2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON N136 Financial Economics 4 Units
Analysis of financial assets and institutions. The course emphasizes modern asset valuation theory and the role of financial intermediaries, and their regulation, in the financial system.
Rules & Requirements
Prerequisites: 100A or 101A, and one semester of statistics
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Summer: 8 weeks - 8 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON 138 Financial and Behavioral Economics 4 Units
This course is an advanced class in Financial Economics. Topics include moral hazard (principal-agent problems, free cash flow), asymmetric Information (security issurance, dividends), mergers and acquisitions (theory, managerial incentives), corporate governance (separation of ownership and control, internal capital markets, superstar CEOs), corporate fraud (earnings manipulations). This class emphasizes the economic underpinning of financial decision-making and is mathematically and technically demanding. You will be required to do some empirical homework using STATA.
Rules & Requirements
Prerequisites: 100A or 101A, and Statistics 20, 21, or 25 or any upper division statistics course
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 0-1 hours of discussion per week
Summer:
6 weeks - 7.5 hours of lecture and 0-2.5 hours of discussion per week
8 weeks - 6 hours of lecture and 0-1.5 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 140 Economic Statistics and Econometrics 4 Units
Introduction to problems of observation, estimation, and hypothesis testing in economics. This course covers the linear regression model and its application to empirical problems in economics.
Rules & Requirements
Prerequisites: 100A-100B or 101A-101B or equivalent and Statistics 20, 21, 25, or 131A or equivalent
Credit Restrictions: Students will not receive credit for 140 after taking 141.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1.5 hours of discussion per week
Summer: 8 weeks - 6 hours of lecture and 3 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 141 Econometric Analysis 4 Units
Introduction to problems of observation, estimation, and hypothesis testing in economics. This course covers the statistical theory for the linear regression model and its variants, with examples from empirical economics.
Rules & Requirements
Prerequisites: 100A-100B or 101A-101B or equivalent; Statistics 20, 21, 25, or 131A, or equivalent; and Mathematics 53 and 54, or equivalent
Credit Restrictions: Students will not receive credit for 141 after taking 140.
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1.5 hours of discussion per week
Summer: 8 weeks - 4 hours of lecture and 3 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON C142 Applied Econometrics and Public Policy 4 Units
This course focuses on the sensible application of econometric methods to empirical problems in economics and public policy analysis. It provides background on issues that arise when analyzing non-experimental social science data and a guide for tools that are useful for empirical research. By the end of the course, students will have an understanding of the types of research designs that can lead to convincing analysis and be comfortable working with large scale data sets.
Rules & Requirements
Prerequisites: 140 or 141 or consent of instructor
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Summer: 8 weeks - 6 hours of lecture and 2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Also listed as: POL SCI C131A/PUB POL C142
ECON 151 Labor Economics 4 Units
This course will analyze the economic forces that shape labor markets, institutions, and performance in the U.S., Japan, and at least one European country (usually Germany). Institutions examined include trade unions, legal regulations, and social conventions.
Rules & Requirements
Prerequisites: 100A or 101A, or consent of instructor
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Summer:
6 weeks - 7.5 hours of lecture per week
8 weeks - 6 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 152 Wage Theory and Policy 4 Units
This course focuses on theoretical and empirical analysis of wage and employment determination in the labor market. In addition, the role of public policy in affecting wage and employment outcomes in the U.S. labor market is examined. Topics include labor supply, labor demand, minimum wages, the economics of education and training, discrimination and the impact of antidiscrimination programs, changes in wage inequality over time, immigration, unions, unemployment, and poverty.
Rules & Requirements
Prerequisites: 100A or 101A
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 0-1 hours of discussion per week
Summer: 8 weeks - 6 hours of lecture and 0-2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON N152 Wage Theory and Policy 4 Units
This course focuses on theoretical and empirical analysis of wage and employment determination in the labor market. In addition, the role of public policy in affecting wage and employment outcomes in the U.S. labor market is examined. Topics include labor supply, labor demand, minimum wages, the economics of education and training, discrimination and the impact of antidiscrimination programs, changes in wage inequality over time, immigration, unions, unemployment, and poverty.
Rules & Requirements
Prerequisites: 100A-100B or 101A-101B
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Summer: 8 weeks - 8 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON 153 Labor Economics Seminar 4 Units
Topics in labor economics. Seminar paper required.
Rules & Requirements
Prerequisites: 140 or 141, and 151 or 152 and consent of instructor
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of seminar per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON 154 Economics of Discrimination 4 Units
Starting from Becker's classic book on the economics of discrimination, this course will focus on issues of difference and discrimination accociated with race, gender, or nation of birth, focusing particularly on credit and housing markets, education, and health care. The course looks carefully at the ways in which econometrics is used to address questions of discrimination.
Rules & Requirements
Prerequisites: 140 or 141
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of seminar per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON 155 Urban Economics 3 Units
Application of economic theory to urban problems. Topics covered include location theory, housing, transportation, and the fiscal problems of city government.
Rules & Requirements
Prerequisites: 100A or 101A
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Summer:
6 weeks - 8 hours of lecture per week
8 weeks - 6 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 157 Health Economics 4 Units
An economic analysis of policies and institutions in the U.S. health care sector. Topics covered include the supply and demand for health services, conceptual and policy issues relating to the provision of health insurance, and economic analysis of efficient regulatory policies toward the health care sector.
Rules & Requirements
Prerequisites: 100A or 101A
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Summer: 8 weeks - 6 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 161 Economics of Transition: Eastern Europe 4 Units
Economic behavior under socialism; socialism vs. capitalism. Transition challenges. Stylized facts of transition. Political economy of reform strategies. Liberalization and the macroeconomic environment. Privatization policies and enterprise restructuring. Legal reform, institutional change, and variation in economic performance across countries. Foreign trade and enlargement of the European Union to transition countries. The Washington consensus, transition, and the institutions of capitalism.
Rules & Requirements
Prerequisites: 100A or 101A
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Summer: 8 weeks - 6 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 162 The Chinese Economy 3 Units
The Chinese economy, its institutions, reform and transition to the market, and development.
Rules & Requirements
Prerequisites: 100A-100B or 101A-101B
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Summer: 8 weeks - 5.5 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON C171 Economic Development 4 Units
Problems of underdevelopment and poverty, policy issues, and development strategy.
Rules & Requirements
Prerequisites: 100, Economics 100A or 101A
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Summer:
6 weeks - 8 hours of lecture and 2 hours of discussion per week
8 weeks - 6 hours of lecture and 2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Instructor: de Janvry
Also listed as: ENVECON C151
ECON N171 Economic Development 4 Units
Problems of underdevelopment and poverty, policy issues, and development strategy.
Rules & Requirements
Prerequisites: 100A or 101A or Environmental Economics and Policy 100
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Summer: 8 weeks - 8 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON 172 Case Studies in Economic Development 4 Units
A detailed study of the problems of development in a selected geographical area in Asia or Africa or Latin America.
Rules & Requirements
Prerequisites: 100A
Repeat rules: Course may be repeated for credit when topic changes.
Hours & Format
Fall and/or spring: 15 weeks - 3-3 hours of lecture and 0-1 hours of discussion per week
Summer: 8 weeks - 6-6 hours of lecture and 0-2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 173 Economic Development Seminar 4 Units
A seminar paper will be required.
Rules & Requirements
Prerequisites: 171 or 172 and consent of instructor
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of seminar per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON 174 Global Poverty and Impact Evaluation 4 Units
Rather than simply describing the causes and symptoms of global poverty, this course will explore the variety of tools available for rigorously measuring the impact of development programs. Through weekly case studies of field research, the course will cover impact evaluation theory and methods. The course will culminate with a final project in which each student will design an impact evaluation of a policy or intervention.
Rules & Requirements
Prerequisites: At least one prior term of intermediate economics (i.e., 100A or 100B) and some prior coursework in statistics
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 1 hour of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Instructor: Miguel
ECON C175 Economic Demography 3 Units
A general introduction to economic demography, addressing the following kinds of questions: What are the economic consequences of immigration to the U.S.? Will industrial nations be able to afford the health and pension costs of the aging populations? How has the size of the baby boom affected its economic well being? Why has fertility been high in Third World countries? In industrial countries, why is marriage postponed, divorce high, fertility so low, and extramarital fertility rising? What are the economic and environmental consequences of rapid population growth?
Rules & Requirements
Prerequisites: Economics 1 or 2
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Summer:
6 weeks - 7.5 hours of lecture per week
8 weeks - 6 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Instructor: Lee
Formerly known as: 175
Also listed as: DEMOG C175
ECON N175 Economic Demography 3 Units
A general introduction to economic demography, addressing the following kinds of questions: What are the economic consequences of immigration to the U.S.? Will industrial nations be able to afford the health and pension costs of the aging populations? How has the size of the baby boom affected its economic well being? Why has fertility been high in Third World countries? In industrial countries, why is marriage postponed, divorce high, fertility so low, and extramarital fertility rising? What are the economic and environmental consequences of rapid population growth?
Rules & Requirements
Prerequisites: Economics 1 or 2
Credit Restrictions: Students will receive no credit for Economics N175 after taking Economics C175/Demography C175; Economics 175/Demography 175. A deficient grade in Economics C175/Demography C175 may be removed by taking Economics N175.
Hours & Format
Summer: 8 weeks - 6 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON C181 International Trade 4 Units
The theory of international trade and its applications to tariff protection. This course is equivalent to UGBA 118; students will not receive credit for both courses.
Rules & Requirements
Prerequisites: 100A-100B or 101A-101B
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 0-1 hours of discussion per week
Summer: 8 weeks - 6 hours of lecture and 2 hours of discussion per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
Also listed as: ENVECON C181
ECON N181 International Trade 4 Units
The theory of international trade and its applications to tariff protection.
Rules & Requirements
Prerequisites: Economics 100A-100B or Economics 101A-101B
Credit Restrictions: Students will receive no credit for Economics N181 after passing Economics 181 or Economics C181/Environmental Economics C181. A deficient grade in Economics 181, Economics C181/Environment Economics C181 may be removed by taking Economics N181.
Hours & Format
Summer:
6 weeks - 11 hours of lecture per week
8 weeks - 8 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON 182 International Monetary Economics 4 Units
The balance of payments, the determination of the trade balance and income under fixed and floating exchange rates, money and prices in open economies, the internationalization of financial markets and its implications, international macroeconomic interdependence, capital flows, and the determination of the exchange rate.
Rules & Requirements
Prerequisites: 100A-100B or 101A-101B
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture and 0-1 hours of discussion per week
Summer: 8 weeks - 7.5 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 191 Topics in Economic Research 4 Units
This course discusses recent research and policy developments. The core objective is to expose students to different aspects of research in economics. A sequence of five different frontier research topics are studied in depth each semester. Each topic lasts three weeks, during which students will familiarize themselves with cutting-edge economic research and methodology. Students will then develop their own research ideas and write two medium- size research papers.
Rules & Requirements
Prerequisites: 100A or 100B
Hours & Format
Fall and/or spring: 15 weeks - 3 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON H195A Senior Honors Thesis 1 - 3 Units
Preparation for writing a thesis, finding and organizing a topic, gathering data and getting started. H195A is not prerequisite to H195B.
Rules & Requirements
Prerequisites: Senior honors candidates only (students with major GPA of 3.50 or better or permission of instructor.)
Hours & Format
Fall and/or spring: 15 weeks - 1-3 hours of independent study per week
Summer:
6 weeks - 1-5 hours of independent study per week
8 weeks - 1-4 hours of independent study per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Offered for pass/not pass grade only. Final exam not required.
ECON H195AS Senior Honors Thesis 1 - 3 Units
Preparation and writing of an honors thesis under the supervision of a member of the faculty. H195AS is not a prerequisite to H195BS.
Rules & Requirements
Prerequisites: Senior honors candidates only, with major GPA of 3.5 or better. Permission of undergraduate adviser
Hours & Format
Summer: 15 weeks - 1-3 hours of independent study per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Offered for pass/not pass grade only. Final exam required.
ECON H195B Senior Honors Thesis 1 - 3 Units
Writing a thesis under the supervision of a faculty member. Applications and details through the departmental undergraduate office. H195A is not prerequisite to H195B.
Rules & Requirements
Prerequisites: Senior honors candidates only (students with major GPA of 3.50 or better or permission of undergraduate adviser)
Hours & Format
Fall and/or spring: 15 weeks - 1-3 hours of independent study per week
Summer:
6 weeks - 1-5 hours of independent study per week
8 weeks - 1-4 hours of independent study per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam not required.
ECON H195BS Senior Honors Thesis 1 - 3 Units
Preparation and writing of an honors thesis under the supervision of a member of the faculty.
Rules & Requirements
Prerequisites: Senior honors candidates only, with major GPA of 3.5 or better. Permission of undergraduate adviser
Hours & Format
Summer: 15 weeks - 1-3 hours of seminar per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 196 Special Topics in Economics 1 - 4 Units
Study in various fields of economics. Topics will vary from semester to semester and will be announced at the beginning of each semester.
Rules & Requirements
Prerequisites: Upper division standing or consent of instructor
Repeat rules: Course may be repeated for credit. Course may be repeated for credit when topic changes.
Hours & Format
Fall and/or spring: 15 weeks - 1-4 hours of lecture per week
Summer:
6 weeks - 2.5-10 hours of lecture per week
8 weeks - 1.5-7.5 hours of lecture per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Letter grade. Final exam required.
ECON 197 Field Studies 1 - 4 Units
Written proposal must be approved by Department Chair. Supervised field studies in economics. Projects may be initiated by the students.
Rules & Requirements
Prerequisites: Upper-division standing
Repeat rules: Course may be repeated for credit. Course may be repeated for credit when topic changes.
Hours & Format
Fall and/or spring: 15 weeks - 1-4 hours of independent study per week
Summer:
6 weeks - 1-5 hours of independent study per week
8 weeks - 1-4 hours of independent study per week
10 weeks - 1.5-6 hours of independent study per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Offered for pass/not pass grade only. Final exam not required.
ECON 198 Directed Group Study 1 - 4 Units
Written proposal must be approved by Department Chair. Seminars for the group study of selected topics, which will vary from year to year. Topics may be initiated by students.
Rules & Requirements
Prerequisites: Upper-division standing and consent of instructor
Credit Restrictions: Enrollment is restricted; see the Introduction to Courses and Curricula section of this catalog.
Repeat rules: Course may be repeated for credit. Course may be repeated for credit when topic changes.
Hours & Format
Fall and/or spring: 15 weeks - 1-4 hours of directed group study per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Offered for pass/not pass grade only. Final exam not required.
ECON 199 Supervised Independent Study and Research 1 - 4 Units
Written proposal must be approved by Department Chair. Enrollment is restricted.
Rules & Requirements
Prerequisites: Upper-division standing
Credit Restrictions: Enrollment is restricted; see the Introduction to Courses and Curricula section of this catalog.
Repeat rules: Course may be repeated for credit when topic changes.
Hours & Format
Fall and/or spring: 15 weeks - 0 hours of independent study per week
Summer:
6 weeks - 1-5 hours of independent study per week
8 weeks - 1-4 hours of independent study per week
10 weeks - 1.5-6 hours of independent study per week
Additional Details
Subject/Course Level: Economics/Undergraduate
Grading/Final exam status: Offered for pass/not pass grade only. Final exam not required.
Faculty
Professors
Alan J. Auerbach, Professor. Economics, law, tax policy, public finance.
Research Profile
David Card, Professor. Economics, immigration, unemployment, education, the Canadian, labor market conditions, minimum wage.
Research Profile
Stefano Dellavigna, Professor. Aging, economics, applied microeconomics, behavioral finance, behavioral economics, applied theory.
Research Profile
J. Bradford Delong, Professor. Economics, globalization, economic growth, convergence, economics of post WWII Europe.
Research Profile
Aaron S. Edlin, Professor. Economics, industrial organization, regulation, antitrust.
Research Profile
Barry Eichengreen, Professor. Europe, China, economic growth, international economics, international finance, international monetary economics, economic history.
Research Profile
Joseph Farrell, Professor. Economics, price theory models of anticompetitive exclusive dealing, switching costs, network effects, formal standardization.
Research Profile
Pierre-Olivier Gourinchas, PhD, Professor. Economics, exchange rate, lending booms, consumption, capital flows, global imbalances, external adjustment, international prices, international portfolios.
Research Profile
Michael Jansson, Professor. Economics, econometrics.
Research Profile
Shachar Kariv, Professor. Economics, experimental economics, behavioral economics, networks, microeconomic theory, social learning.
Research Profile
Dan Levin, Professor.
Ulrike Malmendier, Professor. Corporate finance, behavioral finance, behavioral economics, applied, microeconomics.
Research Profile
Edward Andrew Miguel, Professor. Africa, education, development economics, human capital, health, ethnic divisions, social capital, civil conflict, war, pre-analysis plans, water.
Research Profile
Enrico Moretti, PhD, Professor. Economics.
Research Profile
Maurice Obstfeld, Professor. Economics, monetary and fiscal remedies for deflation, open-market purchases in a liquidity trap, exchange rates, and monetary policy, international finance, open-economy macroeconomics, macroeconomic history.
Research Profile
James L. Powell, Professor. Economics, endogeneity in semiparametric binary response models, instrumental variables estimation of nonparametric models, endogeneity in nonparametric and semiparametric regression models.
Research Profile
Matthew Rabin, Professor. Economics.
Research Profile
Michael Reich, Professor. Economics, training, pensions, living wages.
Research Profile
Andres Rodriguez-Clare, Professor. International trade, economic growth, multinational production, technology diffusion.
Research Profile
Gerard Roland, Professor. Institutions and development, culture and economics, political institutions and economic outcomes, European Parliament and European institutions, reforms in China/North Korea/Eastern Europe.
Research Profile
Christina D. Romer, Professor. Economics, the federal reserve, monetary shocks, the great depression.
Research Profile
David H. Romer, Professor. Economics, the federal reserve, the Bellman equation, measuring monetary shocks.
Research Profile
Emmanuel Saez, Professor. Inequality, taxation, redistribution.
Research Profile
Chris Shannon, Professor. Economics, mathematical economics, economic theory.
Research Profile
Associate Professors
David Sehun Ahn, Associate Professor. Game theory, decision theory, mathematical economics.
Research Profile
Haluk I. Ergin, Associate Professor.
Frederico Finan, PhD, Associate Professor.
Yuriy Gorodnichenko, Associate Professor.
Bryan S Graham, PhD, Associate Professor.
Assistant Professors
Ben Faber, Assistant Professor.
Benjamin R Handel, Assistant Professor.
Patrick Kline, PhD, Assistant Professor.
Denis Nekipelov, PhD, Assistant Professor.
Demian Gaston Pouzo, Assistant Professor.
Christopher Walters, Assistant Professor.
Danny F Yagan, Assistant Professor.
Adjunct Faculty
Martha L. Olney, Adjunct Faculty. Economics, macroeconomics, discrimination, consumer credit, credit access, and advertising.
Research Profile
Contact Information
Department of Economics
530 Evans Hall
Phone: 510-642-0822
Fax: 510-642-6615
Department Chair
TBD