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Duke University 2009-2010 - Office of the Registrar - Duke University

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296S. Selected Topics in Economics. Seminar version <strong>of</strong> Economics 296. Instructor: Staff. 3 units.<br />

297S. Economic Science Studies. Application <strong>of</strong> techniques <strong>of</strong> science and technology studies to problems in <strong>the</strong> history,<br />

philosophy, methodology and sociology <strong>of</strong> economics. Addresses modern economics as a illustrative case <strong>of</strong> issues<br />

arising in Studies <strong>of</strong> Scientific Knowledge. What counts as "fact" in economics? Who decides, and by what processes<br />

<strong>of</strong> negotiation? Does accepting that knowledge in economics as a construct reduce <strong>the</strong> usefulness <strong>of</strong> that knowledge and<br />

affect <strong>the</strong> notion <strong>of</strong> progress in economic science? Why has ma<strong>the</strong>matical economics enjoyed such success in recent<br />

decades? Close readings in texts across <strong>the</strong> sciences and in modern economics, and <strong>the</strong> history <strong>of</strong> ma<strong>the</strong>matics,<br />

culminating in a research project. (Similar in context to Economics 197S, but requires an additional assignment. Not<br />

open to students who have taken Economics 197S or Sociology 187S.) Prerequisites: Economics 105 or 149; and<br />

Economics 110 or 154; and consent <strong>of</strong> instructor. Instructor: Weintraub. 3 units.<br />

For Graduate Students Only<br />

300. Ma<strong>the</strong>matics for Economists. Topics include linear and matrix algebra, topology, multivariate calculus,<br />

optimization and dynamic systems. Intended for entering PhD students. Instructor: Graham or Staff. 3 units.<br />

301. Microeconomic Analysis I. Review <strong>of</strong> contemporary <strong>the</strong>ory relating to consumer choice, production, <strong>the</strong> firm, and<br />

income distribution in competitive and imperfectly competitive markets. Restricted to PhD students in economics<br />

except with consent <strong>of</strong> instructor and director <strong>of</strong> graduate studies. Instructor: Abdulkadiroglu or Bayer. 3 units.<br />

301D. Microeconomic Analysis I. Same in content as Economics 301, but with weekly discussion section. Instructor:<br />

Abdulkadiroglu or Bayer. 3 units.<br />

302. Microeconomic Analysis II. A continuation <strong>of</strong> Economics 301 with emphasis on analyses <strong>of</strong> consumer behavior,<br />

general equilibrium, welfare economics, and capital <strong>the</strong>ory. Prerequisite: Economics 301. Instructor: Taylor. 3 units.<br />

302D. Microeconomic Analysis II. Same in content as Economics 302, but with weekly discussion section. Instructor:<br />

Taylor. 3 units.<br />

304. Advanced Macroeconomics. Advanced topics in macroeconomics with some emphasis on computation and<br />

econometric analysis. Topics include real business cycle <strong>the</strong>ory, endogenous growth <strong>the</strong>ory, monetary <strong>the</strong>ory, optimal<br />

monetary and fiscal policy and time consistency. Instructor: Peretto. 3 units.<br />

305. Monetary Theory and Policy. Same topics as Economics 205S but with additional graduate level work.<br />

Prerequisite: Economics 304. Instructor: Staff. 3 units.<br />

306. Microeconomics: Policy Applications. 3 units. C-L: see Public Policy Studies 311<br />

309. Trade and Development Theory. Theory <strong>of</strong> international trade and trade policy as it affects <strong>the</strong> structure and growth<br />

<strong>of</strong> individual economies, with emphasis on developing countries. Comparative advantage, factor proportions<br />

explanation <strong>of</strong> trade, infant industry and o<strong>the</strong>r arguments for protection, interactions <strong>of</strong> exchange rate and trade policy,<br />

and special issues relating to primary commodities are examined. Instructor: Staff. 3 units.<br />

311. History <strong>of</strong> Political Economy. A detailed review <strong>of</strong> <strong>the</strong> development <strong>of</strong> economic <strong>the</strong>ory, <strong>the</strong> tools <strong>of</strong> economic<br />

analysis, and economics as a science, toge<strong>the</strong>r with an analysis <strong>of</strong> <strong>the</strong> circumstances affecting this development.<br />

Instructor: De Marchi, Goodwin, or Weintraub. 3 units.<br />

312. History <strong>of</strong> Political Economy. A detailed review <strong>of</strong> <strong>the</strong> development <strong>of</strong> economic <strong>the</strong>ory, <strong>the</strong> tools <strong>of</strong> economic<br />

analysis, and economics as a science, toge<strong>the</strong>r with an analysis <strong>of</strong> <strong>the</strong> circumstances affecting this development.<br />

Instructor: De Marchi, Goodwin, or Weintraub. 3 units.<br />

317. Development Economics I. Historical, empirical, and <strong>the</strong>oretical topics in development economics. Instructor:<br />

Kelley. 3 units.<br />

320. Macroeconomic Analysis I. Intertemporal models <strong>of</strong> consumption and labor supply; implications <strong>of</strong> <strong>the</strong>se models<br />

for <strong>the</strong> behavior <strong>of</strong> macroeconomic aggregates, fiscal policy, and monetary policy; money demand and inflation;<br />

economic growth. Restricted to Ph.D. students in economics except with consent <strong>of</strong> instructor and director <strong>of</strong> graduate<br />

studies. Instructor: Burnside and Peretto. 3 units.<br />

320D. Macroeconomic Analysis I. Same in content as Economics 320, but with weekly discussion section. Instructors:<br />

Burnside and Peretto. 3 units.<br />

322. Macroeconomic Analysis II. Fur<strong>the</strong>r analysis <strong>of</strong> topics treated in Economics 320. Optimal economic growth;<br />

business cycles. Issues in economic policy. Prerequisite: Economics 320. Instructor: Rubio-Ramirez or staff. 3 units.<br />

322D. Macroeconomic Analysis II. Same in content as Economics 322, but with weekly discussion section. Instructors:<br />

Rubio-Ramirez or staff. 3 units.<br />

326. Stochastic Macroeconomics. Final course in <strong>the</strong> graduate macroeconomics sequence, dealing with advanced topics<br />

and frontier research. Development <strong>of</strong> a framework for <strong>the</strong> analysis <strong>of</strong> <strong>the</strong> positive and normative implications <strong>of</strong><br />

dynamic, stochastic general equilibrium models. Objectives are to clarify <strong>the</strong> central role that optimal intertemporal<br />

decision making under uncertainty plays in modern macroeconomics, and to familiarize students with <strong>the</strong> methods and<br />

problems discussed in recent literature. Focus on models <strong>of</strong> open economies, recognizing <strong>the</strong> high degree <strong>of</strong> international<br />

integration <strong>of</strong> goods and services markets, and <strong>the</strong> importance <strong>of</strong> international financial flows. Instructor: Weinke.<br />

3 units.<br />

Departments, Programs, and Course Offerings 98

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