This course will examine the patterns, causes, and consequences of international trade. We will begin by exploring empirical data on international trade, addressing questions such as: How has trade evolved over time? Which countries exhibit trade deficits or surpluses? And which country pairs trade more than others? Moving forward, we will use classic models of international trade to discuss the determinants of trade patterns. Key questions we will address include: Why and how much do nations trade? What factors determine the composition of exported goods of a given country?

International migration is a key labor market alternative for many individuals, especially for those from developing countries. This course focuses on the economic underpinnings of the migration decision that culminates in individuals leaving their home country for work abroad. We will begin the course by examining the question of why people migrate. In the second section, we will focus on the effects of migration on migrant-sending developing countries. In the third section, we will examine the impacts of migration on migrant-receiving countries.

The United States is in an unprecedented period of rising inequality. This course begins by examining the history of inequality in the U.S. since the start of the twentieth century. It then uses cutting-edge and detailed national data to document and explore the current state of inequality and intergenerational mobility in the U.S. We consider inequality by various metrics, such as race, gender, and geography, and in various outcomes, such as income, wealth, health, educational attainment, and incarceration.

Health care poses many pressing questions: Why do we spend so much on health care? Does this spending actually produce better health? How do health care institutions function? What is the appropriate role of government? How are we to judge the efficiency and equity of health care policy? By applying economic analysis to health, health care, and health care markets, health economics provides insight into these questions. In the first section of this course, we will assess the role of health care in the economy and apply economic models to the production of health and health care.

Discussion for ECON 111. Discussion section corresponds to faculty teaching lecture. Requisite for all other courses in Economics.

Two 75-minute and one 50-minute lecture/discussion per week. Fall and spring semesters. The Department.

Discussion for ECON 111. Discussion section corresponds to faculty teaching lecture. Requisite for all other courses in Economics.

Two 75-minute and one 50-minute lecture/discussion per week. Fall and spring semesters. The Department.

Discussion for ECON 111. Discussion section corresponds to faculty teaching lecture. Requisite for all other courses in Economics.

Two 75-minute and one 50-minute lecture/discussion per week. Fall and spring semesters. The Department.

Discussion for ECON 111. Discussion section corresponds to faculty teaching lecture. Requisite for all other courses in Economics.

Two 75-minute and one 50-minute lecture/discussion per week. Fall and spring semesters. The Department.

Discussion for ECON 111. Discussion section corresponds to faculty teaching lecture. Requisite for all other courses in Economics.

Two 75-minute and one 50-minute lecture/discussion per week. Fall and spring semesters. The Department.

Discussion for ECON 111. Discussion section corresponds to faculty teaching lecture. Requisite for all other courses in Economics.

Two 75-minute and one 50-minute lecture/discussion per week. Fall and spring semesters. The Department.