Featured Courses

This course deals with how uncertainty affects the actions and decisions of economic agents and how markets are impacted by the presence of uncertainty. Insurance markets are a typical example of institutions that have arisen to help economic agents deal with uncertainty. There are different forms of uncertainty.

Since 1990, the number of people living in extreme poverty has declined by more than half and the proportion of undernourished people in developing regions has fallen by almost half. Sustained high levels of economic growth have saved lives and given more people in the world an opportunity to thrive.

Regulation is the primary means by which governments influence the business environment. This course presents an introduction to the study of strategy and competition with a particular focus on government policies related to industrial competitiveness.

Game theory deals with interactive decision making, that is, with situations where two or more individuals (called players) jointly determine the outcome of the interaction and are aware that their decisions affect each other.

The human population on Earth is predicted to grow to 9 billion people by 2040, while at the same time, unprecedented numbers of people will be pulled out of poverty by the forces of globalization. This great rise in wealth is fueled by, and largely dependent upon, energy resources.

Why are health care goods and services, such as pharmaceutical drugs, so expensive in the U.S. compared to other countries? Why is the health sector share of the economy rising in all nations? And is this a good thing? What are the consequences of the U.S. health insurance market being so fragmented, and is it a problem that not all people have access to health insurance?

Accurate valuation of physical and financial capital is a key task for finance professionals. Economic theory presents a theoretical grounding for many of the concepts used to value financial securities and other assets.

Banks play a central role in the functioning of the financial system and conduct of monetary policy. Especially critical is the role of informational differences in financial transactions and how banks work to mitigate the challenges these asymmetries present.

Econometrics is the statistical analysis of economics data. This analysis provides a summary of economic variables, or the relationships between economic variables, that is guided by economic theory while controlling for sampling and model uncertainty. 

An introduction to human capital theory and economics of education, the basic theory of wage differentials, including theories of labor market discrimination, and income distribution.

The goal of this course is study international macroeconomic issues such as the trade balance, the exchange rate, national output, and inflation.

Over the last 70 years, East Asia has become a key center for trade, an important engine of global economic growth, and a crucial part of the international financial system.