Title Instructors Location Time Description Cross listings Fulfills Registration notes Syllabus Syllabus URL
ECON 0100-001 Introduction to Micro Economics Anne L Duchene MEYH B1 MW 10:15 AM-11:14 AM Introduction to economic analysis and its application. Theory of supply and demand, costs and revenues of the firm under perfect competition, monopoly and oligopoly, pricing of factors of production, income distribution, and theory of international trade. Econ 1 deals primarily with microeconomics. Society Sector 2024c_econ0100_duchene.pdf104.36 KB
ECON 0100-002 Introduction to Micro Economics Anne L Duchene MEYH B1 MW 12:00 PM-12:59 PM Introduction to economic analysis and its application. Theory of supply and demand, costs and revenues of the firm under perfect competition, monopoly and oligopoly, pricing of factors of production, income distribution, and theory of international trade. Econ 1 deals primarily with microeconomics. Society Sector 2024c_econ0100_duchene_0.pdf104.36 KB
ECON 0100-003 Introduction to Micro Economics Anne L Duchene MEYH B1 MW 8:30 AM-9:29 AM Introduction to economic analysis and its application. Theory of supply and demand, costs and revenues of the firm under perfect competition, monopoly and oligopoly, pricing of factors of production, income distribution, and theory of international trade. Econ 1 deals primarily with microeconomics. Society Sector 2024c_econ0100_duchene_1.pdf104.36 KB
ECON 0100-601 Introduction to Micro Economics Ozgur Seker PCPE 101 M 5:15 PM-8:14 PM Introduction to economic analysis and its application. Theory of supply and demand, costs and revenues of the firm under perfect competition, monopoly and oligopoly, pricing of factors of production, income distribution, and theory of international trade. Econ 1 deals primarily with microeconomics. Society Sector 2024c_econ0100_seker.pdf139.68 KB
ECON 0120-401 Strategic Reasoning David Dillenberger COLL 200 TR 1:45 PM-3:14 PM This course is about strategically interdependent decisions. In such situations, the outcome of your actions depends also on the actions of others. When making your choice, you have to think what the others will choose, who in turn are thinking what you will be choosing, and so on. Game Theory offers several concepts and insights for understanding such situations, and for making better strategic choices. This course will introduce and develop some basic ideas from game theory, using illustrations, applications, and cases drawn from business, economics, politics, sports, and even fiction and movies. Some interactive games will be played in class. There will be little formal theory, and the only pre-requisites are some high-school algebra and having taken Econ 1. However, general numeracy (facility interpreting and doing numerical graphs, tables, and arithmetic calculations) is very important. This course will also be accepted by the Economics department as an Econ course, to be counted toward the minor in Economics (or as an Econ elective). PPE3001401 2024c_econ0120_dillenberger.pdf216.01 KB
ECON 0200-001 Introductory Economics: Macro Luca Bossi PCPE AUD MW 10:15 AM-11:14 AM Introduction to economic analysis and its application. An examination of a market economy to provide an understanding of how the size and composition of national output are determined. Elements of monetary and fiscal policy, international trade, economic development, and comparative economic systems. Society Sector 2024c_econ0200_bossi.pdf60.92 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON0200001
ECON 0200-002 Introductory Economics: Macro Luca Bossi PCPE AUD MW 12:00 PM-12:59 PM Introduction to economic analysis and its application. An examination of a market economy to provide an understanding of how the size and composition of national output are determined. Elements of monetary and fiscal policy, international trade, economic development, and comparative economic systems. Society Sector 2024c_econ0200_bossi_0.pdf60.92 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON0200002
ECON 0460-001 Economics and Theories of Fairness Michael Kane PCPE 101 MW 3:30 PM-4:59 PM Free markets excel at producing wealth, but seem to do so at the cost of economic inequality. Is this inequality unjust? Is it a problem economics and public policy should solve? Liberal democracies have traditionally had the protection of private property as a core mandate. But they also have varying degrees of redistribution in order to fund social welfare systems. How can we reconcile these objectives which seem to conflict? Is the protection of individual rights more important than the promotion of the greatest good for all? To what extent can personal liberty and the common good be reconciled? In this course, we will use the philosophical concept of justice to address these and other related questions. We will draw from the economic history, political theory, and the history of philosophy in order to acquire a framework for understanding the concepts of justice, liberty, rights, and equality. We shall then apply this historical and conceptual framework to discussion topics and case studies drawn from present day economics and contemporary social issues. In this way, we shall come to understand economics as more than a social science of laws and theorems. Instead we shall see how economics as an applied science influences the well-being of the whole of society. 2024c_econ0460_kane.pdf101.8 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON0460001
ECON 0500-001 International Economics Luca Bossi
Jonathan Evan Rojas 		PCPE 200 MW 1:45 PM-3:14 PM Introduction to the theory of international trade and international monetary economics. The theoretical background is used as a basis for discussion of policy issues. Patterns of international trade and production; gains from trade; tariffs, and impediments to trade; foreign exchange markets, balance of payments, capital flows, financial crises, coordination of monetary and fiscal policy in a global economy. 2024c_econ0500_bossi.pdf55.76 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON0500001
ECON 0630-402 The Economics and Financing of Health Care Delivery Molly K Candon DNHL B10 MW 1:45 PM-3:14 PM The course provides an application of economic models to demand, supply, and their interaction in the medical economy. Influences on demand, especially health status, insurance coverage, and income will be analyzed. Physician decisions on the pricing and form of their own services, and on the advice they offer about other services, will be considered. Competition in medical care markets, especially for hospital services, will be studied. Special emphasis will be placed on government as demander of medical care services. Changes in Medicare and regulation of managed care are among the public policy issues to be addressed. Prerequisite: If course requirement not met, permission of instructor required. HCMG2020402 2024c_econ0630_candon.docx460.01 KB
ECON 2100-001 Intermediate Microeconomics Rakesh V Vohra COLL 200 TR 8:30 AM-9:59 AM Theories of consumer behavior, demand, production, costs, the firm in various market contexts, factor employment, factor incomes, elementary general equilibrium, and welfare. 2024c_econ2100_vohra.pdf145.2 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON2100001
ECON 2200-001 Intermediate Macroeconomics Dirk Krueger
Yifan Sun 		PCPE AUD MW 1:45 PM-3:14 PM Facts and theories about the determination of per capita income and its differences across countries and across time. The study of economic fluctuations in output and employment. The role of government in influencing these aggregate variables: monetary and fiscal policy. 2024c_econ2200_krueger.pdf107.93 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON2200001
ECON 2300-001 Statistics for Economists Karun Adusumilli LRSM AUD TR 1:45 PM-3:14 PM The course focuses on elementary probability and inferential statistical techniques. The course begins with a survey of basic descriptive statistics and data sources and then covers elementary probability theory, sampling, estimation, hypothesis testing, correlation, and regression. The course focuses on practical issues involved in the substantive interpretation of economic data using the techniques of statistical inference. For this reason empirical case studies that apply the techniques to real-life data are stressed and discussed throughout the course, and students are required to perform several statistical analyses of their own. Quantitative Data Analysis 2024c_econ2300_adusumilli.pdf169.75 KB
ECON 2310-001 Econometric Methods and Models Xu Cheng ANNS 110 MW 8:30 AM-9:59 AM This course focuses on econometric techniques and their application in economic analysis and decision-making, building on ECON 2300 to incorporate the many regression complications that routinely occur in econometric environments. Micro-econometric complications include nonlinearity, non-normality, heteroskedasticity, limited dependent variables of various sorts, endogeneity and instrumental variables, and panel data. Macro-econometric topics include trend, seasonality, serial correlation, lagged dependent variables, structural change, dynamic heteroskedasticity, and optimal prediction. Students are required to perform several econometric analyses in a modern environment such as R. Quantitative Data Analysis 2024c_econ2310_cheng.pdf88.24 KB
ECON 4100-001 Game Theory Siqi Li
George J Mailath 		DRLB 4C4 MW 10:15 AM-11:44 AM An introduction to game theory and its applications to economic analysis. The course will provide a theoretical overview of modern game theory, emphasizing common themes in the analysis of strategic behavior in different social science contexts. The economic applications will be drawn from different areas including trade, corporate strategy and public policy. 2024c_econ4100_mailath_0.pdf92.86 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON4100001
ECON 4110-001 Economics of Family Stefano Cravero
Jeremy Greenwood 		MCNB 395 MW 1:45 PM-3:14 PM This course will study modern family economics. The class will develop economic models to study topics such as female labor supply, fertility, marriage and divorce, women's liberation, premarital sex and parental socialization, investment in health, and retirement. This is an advanced undergraduate class. Calculus is an integral part of the course. Some elementary probability theory is drawn upon. Students unwilling to learn some of the tools used in modern economic should not take this class. 2024c_econ4110_greenwood.pdf94.25 KB
ECON 4170-001 Economic Contract Theory Steven A Matthews
Mengjia Xia 		PCPE 200 TR 10:15 AM-11:44 AM This is a course on economic contract theory, covering adverse selection contracts, moral hazard contracts, dynamic contracts, incomplete contracts, and renegotiation. Illustrative applications include price discrimination, auctions, insurance, ownership, and hold-up problems. 2024c_econ4170_matthews_0.pdf58.5 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON4170001
ECON 4240-001 Money and Banking Harold L. Cole
Juan Cruz Llambias 		MCNB 395 TR 1:45 PM-3:14 PM Money and Banking. This course studies the role that financial markets, institutions, and money play in resource allocation. Financial intermediation and the role of banks in the economic system are analyzed and the economic rationale behind banking regulation is studies. The course examines how monetary policy influences interest rates and asset markets, such as the bond market and the stock market. Finally, the instruments and goals of monetary policy are discussed, focusing in particular on credibility and commitment for central banks. All of the questions are explored analytically, using the tools of economic theory.
ECON 4410-001 Public Finance Margaux Luflade
Julia Y. Reinhold 		MCNB 285 MW 3:30 PM-4:59 PM This course has two parts. The first part looks at market and government failures and discusses the need for public policies as well as limits to their effectiveness including the evaluation of public projects using cost benefit analysis. The second part focuses on the economic analysis of taxation, including the economic incidence and efficiency of taxes. 2024c_econ4410_luflade_0.pdf305.47 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON4410001
ECON 4430-001 Labor Economics Ashley Schwanebeck
Petra Todd 		BENN 401 TR 10:15 AM-11:44 AM Labor supply and labor demand, income distribution, labor market contracts and work incentives, human capital, labor market discrimination, job training and unemployment.
ECON 4450-001 Industrial Organization Aislinn Bohren
Natacha Spitzer 		DRLB A6 MW 3:30 PM-4:59 PM Theories of various industrial organizational structures and problems are developed, including monopoly, oligopoly, nonlinear pricing and price discrimination. These theories are used to model various industries, antitrust cases, and regulatory issues. 2024c_econ4450_bohren.pdf53.93 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON4450001
ECON 4545-001 Finance and Growth from a Historical Perspective Ivan Luzardo MCNB 395 MW 8:30 AM-9:59 AM This course focuses on the interception between finance and economic growth by studying some of the most important events in economic history that have taken place over the last few centuries. Starting with the emergence of the modern capital markets and economic growth, the course examines in depth, major developments in financial history, such as the classical gold standard, the origins of central banking, the Great Depression, and the Bretton Woods system. However, this course goes beyond any standard course on financial history and examines how finance has affected economic growth in the long-run, from an international perspective and starts in the seventeenth century in Europe, up to the 1990s in South-East Asia.
ECON 4550-001 The Political Economy of Early America Fernando Arteaga
Zhuoqun Hao 		MCNB 286-7 MW 8:30 AM-9:59 AM This course will study the political economy of Early America, from the British Settlement to c. 1820. In particular, we will explore the forces behind the economic growth of the British colonies, the economic forces behind the Revolution, the economic consequences of the Revolution, the political economy of the constitutional convention and ratification, the role of SCOTUS in creating a national market, and the opposing Hamilton-Jefferson views of an American economy. Early America is a fascinating and rich historical period, and we will need to skip many issues of interest. Nevertheless, we hope to provide you with a good overview of how a group of small peripheral colonies created an institutional arrangement that allowed them, in less than two centuries, to become the biggest economy in the world. 2024c_econ4550_arteaga.pdf102 KB
ECON 4560-001 History of Economic Thought Fernando Arteaga
Matthew John Fagerstrom 		MCNB 286-7 MW 1:45 PM-3:14 PM This course surveys the history of the development of economic thought, beginning with the Classical school and the works of Smith, Ricardo, J.S. Mill, Marx and others and continuing to the 20th century thought, including Keynes, Hayek, and Arrow. 2024c_econ4560_arteaga.pdf103.4 KB
ECON 4610-001 Foundations of Market Economies Mingzhuo Deng
Jesus Fernandez-Villaverde 		FAGN 114 MW 10:15 AM-11:44 AM This course will study the historical and intellectual forces behind the appearance of market economies on the world stage. The voyages of exploration undertaken by Europeans in the 15th and 16th century created, in just a few decades, a global economy. By 1600, silver from Mexico was exchanged in Manila for ceramics made in Nanjing (China). After a long trip through the Pacific, Mexico, and the Atlantic, the ceramics ended up in the tables of prosperous merchants in Bruges (modern day Belgium). How did this integrated global economy appear? How did global interconnections over the centuries shap our current world? How did markets emerge and influence these interconnections? Who were the winners of globalization? And who were the losers? How did economists, political scientists, and others think about the strengths and weakness of market economies? This course will explore these questions and the role that markets have played in it from the late 15th century to the present. Even if the economic theory will structure much of the discussion, insights from intellectual history, cultural history, microhistory, legal history, and institutional history will help to frame the main narrative. The course will be, as well, truly global. First, beyond the traditional focus of economic history courses on Europe and the Americas, particular attention will be devoted to Africa and Asia. Second, the priority will be to highlight the interconnections between the different regions and to understand how the people living in them negotiated the opportunities and tensions created by the economic transformations triggered by globalization and how they conceptualized the changing lives around them. Finally, the class will highlight how diverse intellectual traditions handled the challenges presented by historical change.
ECON 4900-301 Honors Seminar Jere R Behrman NRN 00 Students prepare an honors thesis in economics over the academic year, supervised by a faculty member of their choice. In ECON 4900 (fall) and ECON 4910 (spring), students present their work in progress to the class. Any student intending to do empirical work in the thesis should have completed ECON 2300 and ECON 2310. 2024-2025_econ4900_behrman_0.pdf450.06 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON4900301
ECON 6100-001 Microeconomic Theory Artemii Korolkov
Steven A Matthews 		PCPE 200 TR 1:45 PM-3:14 PM Basic tools of microeconomic theory: consumer choice, firm behavior, partial and general equilibrium theory. This is a more theoretical treatment of the basic tools of microeconomic analysis than ECON 2100. 2024c_econ6100_matthews.pdf53.74 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON6100001
ECON 7100-001 Microeconomic Theory I Aislinn Bohren
Matthew James Hiebert Murphy
Andrew Postlewaite 		PCPE 100 TR 10:15 AM-11:44 AM Nonlinear programming, theory of the consumer and producer, general equilibrium. 2024c_econ7100_bohren.pdf43.64 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON7100001
ECON 7200-001 Macroeconomic Theory I Alessandro Dovis
Mariia Elkina
Dirk Krueger 		PCPE 100 MW 10:15 AM-11:44 AM Dynamic programming, search theory, neoclassical growth theory, asset pricing, business cycles. 2024c_econ7200_krueger.pdf107.89 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON7200001
ECON 7300-001 Econometrics I: Fundamentals Karun Adusumilli
Xu Cheng
Zhiheng You 		PCPE 202 TR 12:00 PM-1:29 PM Violations of classical linear regresson assumptions, nonlinear regression models (including logit, probit, etc.), diagnostic testing, distributed lag models, panel data models, identification, linear simultaneous-equations model. 2024c_econ7300_adusumilli.pdf119.77 KB
ECON 7500A-001 Third Year PhD Seminar Aislinn Bohren PCPE 100 M 1:45 PM-3:14 PM The transition from student to frontier researcher is quite difficult. This course is aimed at starting graduates on their first major paper. It will meet once a week over the entire year. An important element in the course is developing what is essentially a study group of the participants to give each other feedback and suggestions. Students should anticipate doing a 30 minute presentation every 2-3 weeks. This gives you enough time to make progress, but also keeps you on pace to have a final project well advanced by the end of the course.
ECON 7600-001 Job Market Preparation Seminar Course Harold L. Cole PCPE 100 F 1:45 PM-4:44 PM Harold Cole (instructor) will hold a seminar class. He will critique and will have the students read and critiquing job-market paper drafts, preparing for Job Market presentations, discussing how to optimize student-faculty relationships, discussing how to prepare for interviews and flyouts, etc.
ECON 8000-001 Topics in Advanced Microeconomic Theory David Dillenberger MCNB 582 R 3:30 PM-6:29 PM Topics in Advanced Economic Theory and Mathematical Economics
ECON 8000-002 Topics in Advanced Microeconomic Theory PCPE 510 W 1:45 PM-4:44 PM Topics in Advanced Economic Theory and Mathematical Economics syllabuscontract2024upenn.pdf34.33 KB
ECON 8000-003 Topics in Advanced Microeconomic Theory George J Mailath PCPE 510 TR 1:45 PM-3:14 PM Topics in Advanced Economic Theory and Mathematical Economics https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON8000003
ECON 8100-301 Economic Theory Kevin He PCPE 101 T 3:30 PM-6:29 PM Workshop
ECON 8100-302 Economic Theory PCPE 203 M 12:00 PM-1:29 PM Workshop
ECON 8200-001 International Macroeconomics Enrique Gabriel Mendoza PCPE 510 M 1:45 PM-4:44 PM Topics in Advanced Economic Theory and Mathematical Economics
ECON 8200-002 Introduction to Macro with Household Heterogeneity Dirk Krueger PCPE 202 MW 8:30 AM-9:59 AM Topics in Advanced Economic Theory and Mathematical Economics 2024c_econ8200_krueger.pdf134.5 KB https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON8200002
ECON 8200-003 Search Theory and Applications Benjamin Russell Lester DRLB 2C8 R 5:15 PM-8:14 PM Topics in Advanced Economic Theory and Mathematical Economics Syllabus_Fall_2024.pdf86.13 KB
ECON 8200-005 Topics in Advanced Macroeconomics Alessandro Dovis PCPE 225 M 5:15 PM-8:14 PM Topics in Advanced Economic Theory and Mathematical Economics
ECON 8210-001 Quantitative MacroEconomic Theory Jesus Fernandez-Villaverde PCPE 510 W 5:15 PM-8:14 PM Computation of Equilibria. Calibration of models. Heterogenous agents, macroeconomic models.
ECON 8300-001 Topics in Advanced Econometrics Xu Cheng PCPE 510 W 1:45 PM-4:44 PM Topics in Advanced Economic Theory and Mathematical Economics
ECON 8400-001 Topics in Development Shresth Garg BENN 139 MW 10:15 AM-11:44 AM Topics in Advanced Economic Theory and Mathematical Economics 2024c_econ8400_garg.pdf127.51 KB
ECON 8400-003 Social Insurance Hanming Fang PCPE 101 W 5:15 PM-8:14 PM Topics in Advanced Economic Theory and Mathematical Economics
ECON 8400-004 Topics in Advanced Empirical Microeconomics Margaux Luflade BENN 20 MW 12:00 PM-1:29 PM Topics in Advanced Economic Theory and Mathematical Economics https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON8400004
ECON 8410-001 Public Economics Andrew Postlewaite MCNB 309 TR 1:45 PM-3:14 PM Public goods, externalities, uncertainty, and income redistribution as sources of market failures; private market and collective choice models as possible correcting mechanisms. Microeconomic theories of taxation and political models affecting economic variables.
ECON 9110-301 Applied Microeconomics Workshop PCPE 101 F 3:30 PM-6:29 PM Workshop
ECON 9110-302 Applied Microeconomics Workshop PCPE 100 F 12:00 PM-1:29 PM Workshop
ECON 9200-301 Monetary Economics Dirk Krueger PCPE 200 W 3:30 PM-6:29 PM Workshop https://coursesintouch.apps.upenn.edu/cpr/jsp/fast.do?webService=syll&t=202430&c=ECON9200301
ECON 9200-302 Monetary Economics MCNB 410 WF 12:00 PM-1:29 PM Workshop
ECON 9300-301 Econometrics Karun Adusumilli PCPE 200 M 3:30 PM-6:29 PM Workshop
ECON 9300-302 Econometrics PCPE 225 M 12:00 PM-1:29 PM Workshop
ECON 9400-301 Empirical Microeconomics Francesco Agostinelli PCPE 101 R 3:30 PM-6:29 PM Workshop
ECON 9400-302 Empirical Microeconomics PCPE 101 T 12:00 PM-1:29 PM Workshop
ECON 9450-301 Industrial Organization Juan Pablo Atal PCPE 100 W 3:30 PM-6:29 PM Workshop