New courses in Economics http://ocw.mit.edu/OcwWeb/Economics/index.htm 2008-01-18 MIT OpenCourseWare http://ocw.mit.edu en-US Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm The course introduces statistical theory to prepare students for the remainder of the econometrics sequence. The emphasis of the course is to understand the basic principles of statistical theory. A brief review of probability will be given; however, this material is assumed knowledge. The course also covers basic regression analysis. Topics covered include probability, random samples, asymptotic methods, point estimation, evaluation of estimators, Cramer-Rao theorem, hypothesis tests, Neyman Pearson lemma, Likelihood Ratio test, interval estimation, best linear predictor, best linear approximation, conditional expectation function, building functional forms, regression algebra, Gauss-Markov optimality, finite-sample inference, consistency, asymptotic normality, heteroscedasticity, and autocorrelation. http://ocw.mit.edu/OcwWeb/Economics/14-381Fall-2006/CourseHome/index.htm Chernozhukov, Victor 2007-09-28T12:04:58-04:00 14.381 en-US Economics Economics, General autocorrelation heteroscedasticity asymptotic normality consistency finite-sample inference Gauss-Markov optimality regression algebra building functional forms conditional expectation function best linear approximation best linear predictor interval estimation Likelihood Ratio test Neyman Pearson lemma hypothesis tests Cramer-Rao theorem evaluation of estimators point estimation asymptotic methods random samples probability regression analysis econometrics statistical theory MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm See description under subject 11.249. From the course home page: Course Description This class discusses the economic aspects of current issues in education, using both economic theory and econometric and institutional readings. Topics include discussion of basic human capital theory, the growing impact of education on earnings and earnings inequality, statistical issues in determining the true rate of return to education, the labor market for teachers, implications of the impact of computers on the demand for worker skills, the effectiveness of mid-career training for adult workers, the roles of school choice, charter schools, state standards and educational technology in improving K-12 education, and the issue of college financial aid. http://ocw.mit.edu/OcwWeb/Urban-Studies-and-Planning/11-126JSpring-2007/CourseHome/index.htm Levy, Frank Schnabl, Peter 2007-09-28T12:04:07-04:00 11.126J 14.48J 11.249 en-US Economics Business/Managerial Economics financial aid educational technology school choice mid-career training demand for worker skills impact of computers labor market for teachers rate of return to education statistical issues earnings and earnings inequality basic human capital theory econometric economic aspect economics of education Urban Studies and Planning MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm Introduction to econometric models and techniques, emphasizing regression. Advanced topics include instrumental variables, panel data methods, measurement error, and limited dependent variable models. Includes problem sets. May not count toward HASS requirement. http://ocw.mit.edu/OcwWeb/Economics/14-32Spring-2007/CourseHome/index.htm Angrist, Joshua David 2007-08-30T08:39:49-04:00 14.32 en-US Economics Econometrics and Quantitative Economics limited dependent variable models measurement error panel data methods instrumental variables linear regression program evaluation econometric models simultaneous equations multivariate regression two-stage least squares IV serial correlation FGLS 2SLS differences-in-differences statistical methods econometrics MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm Recent developments in contract theory. Includes advanced models of moral hazard, adverse selection, mechanism design and incomplete contracts with applications to theory of the firm, organizational design, and financial structure. http://ocw.mit.edu/OcwWeb/Economics/14-129Spring-2005/CourseHome/index.htm Izmalkov, Sergei 2007-11-26T11:15:52-05:00 14.129 en-US Economics Economics, General Surplus Division Dynamic Moral Hazard Dynamic Adverse Selection Dynamic Models Multiple Agents Simple Models Static Models Auctions and Mechanism Design Bayesian-Nash Games Games with Incomplete Information MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm This is a course for those who are interested in the challenge posed by massive and persistent world poverty, have some economics, and believe that economists might have something useful to say about this question. The questions we will take up include: Is extreme poverty a thing of the past? Why do some countries grow fast and others fall further behind? Does growth help the poor? Does foreign aid help? What can we do about corruption? Should we leave it all to the markets? Should we leave it to the NGOs? Where is the best place to intervene? How do we deal with the disease burden? How do we improve schools? And many others. http://ocw.mit.edu/OcwWeb/Economics/14-11Fall-2006/CourseHome/index.htm Banerjee, Abhijit 2007-11-26T11:12:18-05:00 14.11 en-US Economics Political Science and Government, General prosperity credit markets development economic growth United States Mexico India corruption globalization colonialism education poor NGOs microfinance death birth mortality fertility health per capita income economics world poverty challenge MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm Basic theory of consumer behavior, production and costs, partial equilibrium analysis of pricing in competitive and monopolistic markets, general equilibrium, welfare, and externalities. Credit not given for both 14.03 and 14.04. May <I>not</I> count toward HASS Requirement. Recommended for students planning to apply to graduate school in economics, accounting, or finance. http://ocw.mit.edu/OcwWeb/Economics/14-04Fall-2006/CourseHome/index.htm Izmalkov, Sergei 2007-11-26T11:11:07-05:00 14.04 en-US Economics Consumer Economics externalities welfare equilibrium market monopoly competition pricing cost production consumer behavior microeconomic theory MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm The basic machines of macroeconomics. Ramsey, Solow, Samuelson-Diamond, RBCs, ISLM, Mundell-Fleming, Fischer-Taylor. How they work, what shortcuts they take, and how they can be used. Half-term subject. http://ocw.mit.edu/OcwWeb/Economics/14-452Spring-2007/CourseHome/index.htm Blanchard, Olivier 2007-10-02T04:56:53-04:00 14.452 en-US Economics Economics, General fiscal policy monetary policy the “new Keynesian” model price setting money two-good analysis non-trivial investment decisions the labor/leisure choice the RBC model consumption/saving choice the basic model fluctuations theory macroeconomics MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm The development and evolution of labor market structures and institutions. Particular focus on competing explanations of recent developments in the distribution of wage and salary income and in key institutions and organizational structures. Special attention to theories of worker motivation and behavior, the determination of wages, technology, and social stratification. http://ocw.mit.edu/OcwWeb/Economics/14-662Spring-2007/CourseHome/index.htm Piore, Michael Pischke, Jorn-Steffen 2007-10-19T01:32:45-04:00 14.662 en-US Economics Labor and Industrial Relations Labor market regulations in a global economy Quasi-unions in the New Labor Market Immigration Social capital Social class Social Dimensions of the Labor Force Worker Motivation and Behavior Changes in the Wage Structure and Inequality Discrimination and Differentials by Race and Gender Compensating differentials Industry and firm size differentials Employer Wage Differentials Efficiency wages Dynamic agency Multiple agents Multiple tasks Intrinsic motivation Static single agent models moral hazard and agency United States and other advanced industrial countries income distribution technological changes labor market institutions increasing dispersion of wage and salary income wage determination wage and salary distribution international trade wage differentials trade unions economics labor MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm Focuses on recent developments in econometrics. Topics include empirical processes and asymptotic theory, nonparametric and semiparametric estimation, estimation of auction and other structural models, unit roots and cointegration, and continuous time econometrics. Results illustrated with economic applications. http://ocw.mit.edu/OcwWeb/Economics/14-386Spring-2007/CourseHome/index.htm Newey, Whitney 2007-10-18T12:36:08-04:00 14.386 en-US Economics Econometrics and Quantitative Economics economic applications and nonlinear panel data duration models auction models models of imperfect competition nonseparable models structural estimation recent developments econometrics MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm Theory of international trade and foreign investment with applications in commercial policy. http://ocw.mit.edu/OcwWeb/Economics/14-581Spring-2007/CourseHome/index.htm Antras, Pol 2007-10-17T12:42:41-04:00 14.581 en-US Economics International Economics multilateralism regionalism WTO tariff retaliation product cycles technology transfer innovation technology and growth neoclassical growth dynamic trade theory property-rights approach transaction-cost approach technological theories of FDI intraindustry heterogeneity monopolistic competition oligopoly external scale economics wage inequality intermediate input trade empirical tests Generalized Heckscher-Ohlin Model Heckscher-Ohlin Model Eaton and Kortum's Ricardian Model Ricardian models commercial policy foreign investment nternational trade international economics MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm Introduction to the theory of international trade and finance with applications to current policy issues. http://ocw.mit.edu/OcwWeb/Economics/14-54Fall-2006/CourseHome/index.htm Lorenzoni, Guido 2007-10-16T01:04:43-04:00 14.54 en-US Economics International Economics Argentina East Asia financial crises global financial architecture European integration exchange rates the US current account deficit free trade agreements globalization flow of savings and investments flow of goods policy finance theory of international trade MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm Topics change from year to year. Most recent topics include: optimal fiscal and monetary policy; optimal capital taxation; time inconsistency and incentive incompatibility of optimal policies; redistribution and political economics; heterogeneous agents and incomplete markets; Real Business Cycle models and new-keynesian models; endogenous growth; aggregate fluctuations and propagation mechanisms; recursive methods and robust control in macro. http://ocw.mit.edu/OcwWeb/Economics/14-462Spring-2007/CourseHome/index.htm Lorenzoni, Guido Blanchard,Olivier Blanchard,Olivier 2007-10-16T01:01:42-04:00 14.462 en-US Economics Economics, General aggregate effects Liquidity Investment with credit constraints DSGE Dynamic stochastic general equilibrium models unemployment Reallocation Shocks advanced macroeconomics MIT Open Course Ware http://ocw.mit.edu Content within individual OCW courses is (c) by the individual authors unless otherwise noted. MIT OpenCourseWare materials are licensed by the Massachusetts Institute of Technology under a Creative Commons License (Attribution-NonCommercial-ShareAlike). For further information see http://ocw.mit.edu/OcwWeb/web/terms/terms/index.htm