Sem: International Trade

'Examines current events in international trade. The emphasis of this course is on current trade policy debates in the World Trade Organization agenda. It investigates topics such as the expansion of regional trade agreements, environmental and labor standards, the Trade-Related Aspects of Intellectual Property Rights (TRIPs) agreement, agricultural protection and market access, trade in services, and electronic commerce.'

Sem: Public Finance

'This course provides an overview of the ways in which government policies on taxation and spending affect outcomes for individuals (e.g., poverty, health, income) and for society (e.g., inequality, social mobility, economic growth). Topics will include the theory of taxation, public goods, and externalities. Students will apply these theories to current policy debates. Possible applications include healthcare, education, TANF, unemployment insurance, and Social Security.'

S. Asian Econ Dev Initiatives

'The overarching theme is partnerships for development including public-private, public-civil society and foreign-national. The initiatives include harnessing social capital for rural development, micro-credit, and producer cooperatives; industrial clusters and export promotion; devolution for service delivery, forest management and employment guaranteed schemes; containing population growth; attaining human development; economics of happiness; tourism; value-chains and garment exports. The course will end with a class debate pertaining to Indian economic performance.

Economics of Corporate Finance

'An investigation of the economic foundations for investment, financing, and related decisions in corporations. Topics include capital markets and institutions; analysis of financial statements; sources and uses of funds; capital budgeting and risk; cost of capital; portfolio theory; the impact of corporate decisions on the economy. Some attention given to recent developments in the stock market, in the merger movement, and in international finance. '

Economic Development

'A study of micro-economic development topics related to how households in lower-income countries consume and produce food. Topics include the causes and consequences of hunger and malnutrition, the agricultural household model, household-level food production and demand, intra-household allocation and bargaining, human and social capital investments and their impacts on food production and consumption, land rights and land use, child labor, and risk, credit and insurance markets used by agricultural households.'

Microeconomic Theory

'Theoretical analysis of consumer and firm behavior, the role of prices in an economic system with various market structures, interrelationships of product and factor markets in a general equilibrium model, and the implications of the price system for resource allocation and economic welfare.'

Macroeconomic Theory

'Intermediate macroeconomic theory. Analysis of causes of long-run economic growth and short-run business cycles. Study of different macroeconomic models, consumption, investment, government spending, net exports, money supply, and money demand. Examination of fiscal and monetary policy and U.S. economic relations with the rest of the world.'
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