Duke University 2008-2009 - Office of the Registrar - Duke University

311. History of Political Economy. A detailed review of the development of economic
theory, the tools of economic analysis, and economics as a science, together with an analysis
of the circumstances affecting this development. Instructor: De Marchi, Goodwin, or
Weintraub. 3 units.
312. History of Political Economy. A detailed review of the development of economic
theory, the tools of economic analysis, and economics as a science, together with an analysis
of the circumstances affecting this development. Instructor: De Marchi, Goodwin, or
Weintraub. 3 units.
317. Development Economics I. Historical, empirical, and theoretical topics in
development economics. Instructor: Kelley. 3 units.
320. Macroeconomic Analysis I. Intertemporal models of consumption and labor supply;
implications of these models for the behavior of macroeconomic aggregates, fiscal policy,
and monetary policy; money demand and inflation; economic growth. Restricted to PhD
students in economics except with consent of instructor and director of graduate studies.
Instructor: Burnside and Peretto. 3 units.
320D. Macroeconomic Analysis I. Same in content as Economics 320, but with weekly
discussion section. Instructors: Burnside and Peretto. 3 units.
322. Macroeconomic Analysis II. Further analysis of topics treated in Economics 320.
Optimal economic growth; business cycles. Issues in economic policy. Prerequisite:
Economics 320. Instructor: Rubio-Ramirez or staff. 3 units.
322D. Macroeconomic Analysis II. Same in content as Economics 322, but with weekly
discussion section. Instructors: Rubio-Ramirez or staff. 3 units.
326. Stochastic Macroeconomics. Final course in the graduate macroeconomics sequence,
dealing with advanced topics and frontier research. Development of a framework for the
analysis of the positive and normative implications of dynamic, stochastic general equilibrium
models. Objectives are to clarify the central role that optimal intertemporal decision
making under uncertainty plays in modern macroeconomics, and to familiarize students with
the methods and problems discussed in recent literature. Focus on models of open
economies, recognizing the high degree of international integration of goods and services
markets, and the importance of international financial flows. Instructor: Weinke. 3 units.
327. Empirical Methods in Macroeconomics and Forecasting in Time Series Analysis.
Examine the models and statistical techniques used to study time series data with special
emphasis to application in macro. Three objectives: equip students who anticipate using
times series data in doctoral research with tools for state-of-the-art empirical research; lay
out econometrics theory for time series analysis, with emphasis on recent developments; to
analyze selected recent work in theoretical macro modeling with emphasis on empirical
implication and analysis. Instructor: Rossi. 3 units.
328. Internship. Open to students engaging in practical or governmental work experience
during the summer or a regular semester. A faculty member in the department will supervise
a program of study related to the work experience, including a substantive paper on an
economics-related topic, maintaining significant analysis and interpretation. Consent of
director of graduate studies required. Instructor: Staff. 1 unit.
329. Public Finance: Economics of the Environment. Component of public finance
sequence divided into two sections: (1) externality theory and Pigouvian policy tools and (2)
theory and empirical methods for valuing non-market commodities. Includes extended
problem set distributed throughout semester, referee report on unpublished paper, and short
final exam. Problem set contains both theoretical and empirical component and is intended
to build familiarity with programming tools and numerical techniques. Instructor: Timmins.
3 units.
Courses of Instruction 128