Spring Term Schedule
Spring 2025
Number | Title | Instructor | Time |
---|
ECON 1000-1
Srihari Govindan
7:00PM - 7:00PM
|
Graduate teaching assistantship in Economics
|
ECON 108-1
Daria Bottan
TR 12:30PM - 1:45PM
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
ECON 108-2
Daria Bottan
TR 11:05AM - 12:20PM
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
ECON 108-3
Daria Bottan
R 3:25PM - 4:40PM
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
ECON 108-4
Daria Bottan
R 4:50PM - 6:05PM
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
ECON 108-5
Daria Bottan
F 11:50AM - 1:05PM
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
ECON 108-6
Daria Bottan
F 2:00PM - 3:15PM
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
ECON 108-7
Daria Bottan
F 3:25PM - 4:40PM
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
ECON 108-8
Daria Bottan
R 7:40PM - 8:55PM
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
ECON 108-9
Daria Bottan
R 2:00PM - 3:15PM
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses.
|
ECON 207-1
Michael Rizzo
TR 11:05AM - 12:20PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. Prerequisites: ECON 108
|
ECON 207-10
Michael Rizzo
F 2:00PM - 3:15PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-12
Michael Rizzo
R 7:40PM - 8:55PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-13
Michael Rizzo
R 7:40PM - 8:55PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-14
Michael Rizzo
F 11:50AM - 12:40PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-15
Srihari Govindan
TR 3:25PM - 4:40PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. Prerequisites: ECON 108 (will be audited first day of class) and a semester of calculus (specifically knowledge of derivatives).
|
ECON 207-16
Srihari Govindan
F 11:50AM - 1:05PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. Prerequisites: ECON 108
|
ECON 207-2
Michael Rizzo
TR 12:30PM - 1:45PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. Prerequisites: ECON 108
|
ECON 207-3
Michael Rizzo
W 3:25PM - 4:40PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-4
Michael Rizzo
W 3:25PM - 4:40PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-5
Michael Rizzo
W 6:15PM - 7:30PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-6
Michael Rizzo
R 3:25PM - 4:40PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-7
Michael Rizzo
R 4:50PM - 6:05PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-8
Michael Rizzo
R 6:15PM - 7:30PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207-9
Michael Rizzo
R 3:25PM - 4:40PM
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production.
|
ECON 207H-1
Yu Awaya
MW 2:00PM - 3:15PM
|
This course shows how the choices of consumers and firms interact through markets to determine all the factors related to economic well being. In comparison to other sections of ECO 207, this section develops these choices more formally and mathematically.
|
ECON 209-1
Christopher Sleet
MW 10:25AM - 11:40AM
|
Economic growth, fluctuations, and other topics concerning the aggregate economy Prerequisite: ECON 207
|
ECON 209-2
Eugenio Gonzalez Flores
MW 9:00AM - 10:15AM
|
Economic growth, fluctuations, and other topics concerning the aggregate economy Prerequisite: ECON 207
|
ECON 209-3
Eugenio Gonzalez Flores
F 2:00PM - 3:15PM
|
Economic growth, fluctuations, and other topics concerning the aggregate economy
|
ECON 209-4
Christopher Sleet
F 3:25PM - 4:40PM
|
Economic growth, fluctuations, and other topics concerning the aggregate economy
|
ECON 211-02
Emma Ko
MW 10:25AM - 11:40AM
|
This course is about financial markets, banks, and monetary policy. We will study their institutions and empirics, and describe the theory of how they work and affect the overall economy. The theory will utilize models of pricing of financial assets, incentive problems, and aggregate supply/demand. We will pay considerable attention to ongoing current developments in financial markets, monetary policy, and the macro-economy.
|
ECON 214-2
Michael Raith
TR 12:30PM - 1:45PM
|
This course teaches how to approach and solve a wide range of organizational design problems, whether as manager at any level, entrepreneur, or consultant. In a world in which most sources of competitive advantage are fleeting, organizational effectiveness has emerged as a key source of long-run competitive advantage. Conversely, many corporate failures can be traced to poor internal organization. Problems covered range from individual job design to the structure of entire organizations and the boundaries of the firm (e.g., M&A decisions or vertical integration). The course discusses in detail the assignment of decision rights (including centralization vs. decentralization of decisions), performance measurement, and incentives and rewards. These are the three elements of “organizational architecture,” a central framework of the course. Throughout, the course stresses the importance of fit between a firm’s internal organization and its strategy. The course adopts an analytical-economic perspective that is grounded in the field of organizational economics. It also addresses the managerial and behavioral dimensions of organizational problems, drawing on insights from psychology and sociology as appropriate. First year and sophomore students are not eligible for this course. Note: This is the only section of ECON214 being offered in Spring 2025. Prerequisite: ECON 207 Overlapped: STR 203-2, ECON 214W-2, ECON 214-2 ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. The professor will not be able to override additional students; all requests must go through the ugbusiness@rochester.edu email.
|
ECON 214W-2
Michael Raith
TR 12:30PM - 1:45PM
|
The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for understanding how executive efforts to create organizations affect business outcomes. The building of that framework includes a discussion of executive talent. Topics considered include: the linkage between formulating corporate strategy and building organizations that facilitate its execution, the link between maintaining competitive relevance and organizational evolution, the importance of decentralization, the importance of performance-evaluation as a tool for achieving decentralization, the challenges of implementing incentives and the links between organizational structure and ethical conduct. The goal is to enable students to better understand when poor corporate performance is traceable to a flawed organizational structure. First year and sophomore students are not eligible for this course. To enroll in this "W" section, request a course override and email ugbusiness@rochester.edu for approval. Prerequisite: ACC201; MKT203 or FIN204/205 Overlapped: ECON 214-1, ECON 214W-1, STR 203-1 Note: This is the only section of ECON214W being offered in Spring 2025. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Schmidt will not be able to override additional students; all requests must go through the ugbusiness@rochester.edu email.
|
ECON 224-1
Michael Rizzo
MW 2:00PM - 3:15PM
|
Should we expect American League batters to be beaned by more pitches than their National League counterparts? Are investments in sports stadiums good for economic development? How prevalent is discrimination in sports and can it be measured? Should college athletes be paid? Is there any justification for professional sports leagues exemption from anti-trust statutes? What do players unions do? What does and does not promote competitive balance in college football and the major sports? What can golf teach us about the Executive Pay crisis? Should gambling on sports be legal? Is there such a thing as the hot hand? Why do alcohol and sports(seem to)go together? Is the NFL on the decline?These and many other exciting questions related to sports, media and entertainment(though mostly sports)will be covered. Like its popular consideration as a metaphor for life, sports economics is a popular examination ground for more traditional theoretical economics in particular for topics in Labor Economics and Industry.
|
ECON 224W-1
Michael Rizzo
MW 2:00PM - 3:15PM
|
Should we expect American League batters to be beaned by more pitches than their National League counterparts? Are investments in sports stadiums good for economic development? How prevalent is discrimination in sports and can it be measured? Should college athletes be paid? Is there any justification for professional sports leagues exemption from anti-trust statutes? What do players unions do? What does and does not promote competitive balance in college football and the major sports? What can golf teach us about the Executive Pay crisis? Should gambling on sports be legal? Is there such a thing as the hot hand? Why do alcohol and sports(seem to)go together? Is the NFL on the decline?These and many other exciting questions related to sports, media and entertainment(though mostly sports)will be covered. Like its popular consideration as a metaphor for life, sports economics is a popular examination ground for more traditional theoretical economics in particular for topics in Labor Economics and Industry.
|
ECON 231W-1
Chunya Bu
MW 12:30PM - 1:45PM
|
The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (MATH 141 or MATH 161 or MATH 171), ECON 207 (can be taking at same time), and ECON 230 or STAT 213 or MATH/STAT 203 or DCSC 262
|
ECON 231W-2
Iris Vrioni
MW 9:00AM - 10:15AM
|
The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (Math 141 or Math161 or Math171), Eco 207 (can be taking at same time), and Eco 230 or Stat 213 or Math/Stat 203 or DSC262
|
ECON 236-1
Samuel Ogie
MW 2:00PM - 3:15PM
|
Analysis of factors that affect supply and demand in the market for medical care: risk, insurance, externalities, ethics, regulation.
|
ECON 251-1
Yu Awaya
MW 12:30PM - 1:45PM
|
This course examines the determinants of market structure and market performance. Questions discussed are pricing, product and quality choice, collusion, mergers, vertical restrictions, antitrust policy and related welfare analysis. Additional topics (depending on time) that are covered are networks, auctions, advertisement, and research and development. The course puts a special emphasis on studying strategic situations and using the tools of game theory. We use examples from US and international markets to illustrate the main theoretical ideas.
|
ECON 263-01
Estefano Roberto Rubio Salinas
TR 12:30PM - 1:45PM
|
The course examines the role of the government in the economy, answering "why", "when", and "how" it should intervene. We begin with the "why", exploring normative approaches to resource allocation through welfare economics, distributive justice, and bargaining theory, establishing efficiency and equity as key government objectives. To address the "when", we analyze the benchmark case of competitive markets and the welfare theorems, followed by an exploration of various market failures (externalities, public goods, market power, asymmetric information). We then study the government's tools for intervention, both in markets (taxes and quotas) and beyond markets (regulations and institutions). Since these tools reshape incentives, the "how" focuses on understanding the responses of economic agents to government actions. Drawing insights from public finance, labor economics, and political economy, we distinguish between mechanical and behavioral changes and explore government failures. Finally, we integrate these elements to build a positivist framework for assessing the quality of public policies based on government normative objectives.
|
ECON 268-1
Gaston Chaumont
TR 11:05AM - 12:20PM
|
This course studies the economics of world integration. We will explore the arguments for and against opening an economy to international trade in goods and financial capital. We will specifically focus on the implications of openness for welfare, growth, volatility, and inequality. The course will include economic theory as well as several applications. Applications include the growth miracles of East Asia, Indias recent transformation, emerging market crises of the 1900s, aid and development in Africa, and the impact of trade on wages in the United States. Prerequisite is ECON 108
|
ECON 268W-1
Gaston Chaumont
TR 11:05AM - 12:20PM
|
This course studies the economics of world integration. We will explore the arguments for and against opening an economy to international trade in goods and financial capital. We will specifically focus on the implications of openness for welfare, growth, volatility, and inequality. The course will include economic theory as well as several applications. Applications include the growth miracles of East Asia, Indias recent transformation, emerging market crises of the 1900s, aid and development in Africa, and the impact of trade on wages in the United States.
|
ECON 275-1
Travis Baseler
TR 9:40AM - 10:55AM
|
Why are some countries poor and others rich? In this course we study the causes of poverty and assess policies aimed at alleviating it. We will combine microeconomic theory with real-world data analysis to offer evidence-based answers. Topics include: health and education, risk and insurance, microfinance, migration, and political economy. ECO 207 (or equivalent) is strongly recommended.
|
ECON 275W-1
Travis Baseler
TR 9:40AM - 10:55AM
|
Why are some countries poor and others rich? In this course we study the causes of poverty and assess policies aimed at alleviating it. We will combine microeconomic theory with real-world data analysis to offer evidence-based answers. Topics include: health and education, risk and insurance, microfinance, migration, and political economy. ECO 207 (or equivalent) is strongly recommended.
|
ECON 288-01
Anastassios Kalandrakis
MW 3:25PM - 4:40PM
|
Game theory is a systematic study of strategic situations. It is a theory that helps us analyze economic and political strategic issues, such as behavior of individuals in a group, competition among firms in a market, platform choices of political candidates, and so on. We will develop the basic concepts and results of game theory, including simultaneous and sequential move games, repeated games and games with incomplete information. The objective of the course is to enable the student to analyze strategic situations on his/her own. The emphasis of the course is on theoretical aspects of strategic behavior, so familiarity with mathematical formalism is desirable.
|
ECON 289W-1
Sudhir Singh
F 10:25AM - 1:05PM
|
This course will guide students through the process of formulating economic hypotheses, gathering the appropriate empirical data, cleaning and analyzing the data with descriptive and econometric tools using statistical software, and effectively communicating research findings in writing and presentations. Prerequisites: ECON 207, ECON 231W
|
ECON 390-10
Daria Bottan
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390-11
Gaston Chaumont
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390-12
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390-2
Michael Rizzo
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390-3
Michael Rizzo
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390-5
Nese Yildiz
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390-6
Steven Landsburg
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390-7
Hamid Firooz
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390-8
Lisa Kahn
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390-9
Alexandra Digby
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 390A-1
Michael Rizzo
7:00PM - 7:00PM
|
Responsibility for one recitation section and/or for holding office hours under the instructors supervision. Departmental approval required.
|
ECON 391-01
Michael Rizzo
7:00PM - 7:00PM
|
Designed for advanced students seeking to do researchbeyond what is contained in the regular course offerings. Requires faculty supervisor in the economics department.
|
Spring 2025
Number | Title | Instructor | Time |
---|---|
Monday | |
Monday and Wednesday | |
ECON 209-2
Eugenio Gonzalez Flores
|
|
Economic growth, fluctuations, and other topics concerning the aggregate economy Prerequisite: ECON 207 |
|
ECON 231W-2
Iris Vrioni
|
|
The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (Math 141 or Math161 or Math171), Eco 207 (can be taking at same time), and Eco 230 or Stat 213 or Math/Stat 203 or DSC262 |
|
ECON 209-1
Christopher Sleet
|
|
Economic growth, fluctuations, and other topics concerning the aggregate economy Prerequisite: ECON 207 |
|
ECON 211-02
Emma Ko
|
|
This course is about financial markets, banks, and monetary policy. We will study their institutions and empirics, and describe the theory of how they work and affect the overall economy. The theory will utilize models of pricing of financial assets, incentive problems, and aggregate supply/demand. We will pay considerable attention to ongoing current developments in financial markets, monetary policy, and the macro-economy. |
|
ECON 231W-1
Chunya Bu
|
|
The course is an introduction to the application of econometric methods. It covers the basic tools of estimation and inference of cross-section models. Prerequisites are 1 semester of calculus (MATH 141 or MATH 161 or MATH 171), ECON 207 (can be taking at same time), and ECON 230 or STAT 213 or MATH/STAT 203 or DCSC 262 |
|
ECON 251-1
Yu Awaya
|
|
This course examines the determinants of market structure and market performance. Questions discussed are pricing, product and quality choice, collusion, mergers, vertical restrictions, antitrust policy and related welfare analysis. Additional topics (depending on time) that are covered are networks, auctions, advertisement, and research and development. The course puts a special emphasis on studying strategic situations and using the tools of game theory. We use examples from US and international markets to illustrate the main theoretical ideas. |
|
ECON 207H-1
Yu Awaya
|
|
This course shows how the choices of consumers and firms interact through markets to determine all the factors related to economic well being. In comparison to other sections of ECO 207, this section develops these choices more formally and mathematically. |
|
ECON 224-1
Michael Rizzo
|
|
Should we expect American League batters to be beaned by more pitches than their National League counterparts? Are investments in sports stadiums good for economic development? How prevalent is discrimination in sports and can it be measured? Should college athletes be paid? Is there any justification for professional sports leagues exemption from anti-trust statutes? What do players unions do? What does and does not promote competitive balance in college football and the major sports? What can golf teach us about the Executive Pay crisis? Should gambling on sports be legal? Is there such a thing as the hot hand? Why do alcohol and sports(seem to)go together? Is the NFL on the decline?These and many other exciting questions related to sports, media and entertainment(though mostly sports)will be covered. Like its popular consideration as a metaphor for life, sports economics is a popular examination ground for more traditional theoretical economics in particular for topics in Labor Economics and Industry. |
|
ECON 224W-1
Michael Rizzo
|
|
Should we expect American League batters to be beaned by more pitches than their National League counterparts? Are investments in sports stadiums good for economic development? How prevalent is discrimination in sports and can it be measured? Should college athletes be paid? Is there any justification for professional sports leagues exemption from anti-trust statutes? What do players unions do? What does and does not promote competitive balance in college football and the major sports? What can golf teach us about the Executive Pay crisis? Should gambling on sports be legal? Is there such a thing as the hot hand? Why do alcohol and sports(seem to)go together? Is the NFL on the decline?These and many other exciting questions related to sports, media and entertainment(though mostly sports)will be covered. Like its popular consideration as a metaphor for life, sports economics is a popular examination ground for more traditional theoretical economics in particular for topics in Labor Economics and Industry. |
|
ECON 236-1
Samuel Ogie
|
|
Analysis of factors that affect supply and demand in the market for medical care: risk, insurance, externalities, ethics, regulation. |
|
ECON 288-01
Anastassios Kalandrakis
|
|
Game theory is a systematic study of strategic situations. It is a theory that helps us analyze economic and political strategic issues, such as behavior of individuals in a group, competition among firms in a market, platform choices of political candidates, and so on. We will develop the basic concepts and results of game theory, including simultaneous and sequential move games, repeated games and games with incomplete information. The objective of the course is to enable the student to analyze strategic situations on his/her own. The emphasis of the course is on theoretical aspects of strategic behavior, so familiarity with mathematical formalism is desirable. |
|
Tuesday | |
Tuesday and Thursday | |
ECON 275-1
Travis Baseler
|
|
Why are some countries poor and others rich? In this course we study the causes of poverty and assess policies aimed at alleviating it. We will combine microeconomic theory with real-world data analysis to offer evidence-based answers. Topics include: health and education, risk and insurance, microfinance, migration, and political economy. ECO 207 (or equivalent) is strongly recommended. |
|
ECON 275W-1
Travis Baseler
|
|
Why are some countries poor and others rich? In this course we study the causes of poverty and assess policies aimed at alleviating it. We will combine microeconomic theory with real-world data analysis to offer evidence-based answers. Topics include: health and education, risk and insurance, microfinance, migration, and political economy. ECO 207 (or equivalent) is strongly recommended. |
|
ECON 108-2
Daria Bottan
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
|
ECON 207-1
Michael Rizzo
|
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. Prerequisites: ECON 108 |
|
ECON 268-1
Gaston Chaumont
|
|
This course studies the economics of world integration. We will explore the arguments for and against opening an economy to international trade in goods and financial capital. We will specifically focus on the implications of openness for welfare, growth, volatility, and inequality. The course will include economic theory as well as several applications. Applications include the growth miracles of East Asia, Indias recent transformation, emerging market crises of the 1900s, aid and development in Africa, and the impact of trade on wages in the United States. Prerequisite is ECON 108 |
|
ECON 268W-1
Gaston Chaumont
|
|
This course studies the economics of world integration. We will explore the arguments for and against opening an economy to international trade in goods and financial capital. We will specifically focus on the implications of openness for welfare, growth, volatility, and inequality. The course will include economic theory as well as several applications. Applications include the growth miracles of East Asia, Indias recent transformation, emerging market crises of the 1900s, aid and development in Africa, and the impact of trade on wages in the United States. |
|
ECON 108-1
Daria Bottan
|
|
The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
|
ECON 207-2
Michael Rizzo
|
|
The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. Prerequisites: ECON 108 |
|
ECON 214-2
Michael Raith
|
|
This course teaches how to approach and solve a wide range of organizational design problems, whether as manager at any level, entrepreneur, or consultant. In a world in which most sources of competitive advantage are fleeting, organizational effectiveness has emerged as a key source of long-run competitive advantage. Conversely, many corporate failures can be traced to poor internal organization. Problems covered range from individual job design to the structure of entire organizations and the boundaries of the firm (e.g., M&A decisions or vertical integration). The course discusses in detail the assignment of decision rights (including centralization vs. decentralization of decisions), performance measurement, and incentives and rewards. These are the three elements of “organizational architecture,” a central framework of the course. Throughout, the course stresses the importance of fit between a firm’s internal organization and its strategy. The course adopts an analytical-economic perspective that is grounded in the field of organizational economics. It also addresses the managerial and behavioral dimensions of organizational problems, drawing on insights from psychology and sociology as appropriate. First year and sophomore students are not eligible for this course. Note: This is the only section of ECON214 being offered in Spring 2025. Prerequisite: ECON 207 Overlapped: STR 203-2, ECON 214W-2, ECON 214-2 ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. The professor will not be able to override additional students; all requests must go through the ugbusiness@rochester.edu email. |
|
ECON 214W-2
Michael Raith
|
|
The course combines basic economic concepts with agency theory and the concept of specific knowledge to develop a framework for understanding how executive efforts to create organizations affect business outcomes. The building of that framework includes a discussion of executive talent. Topics considered include: the linkage between formulating corporate strategy and building organizations that facilitate its execution, the link between maintaining competitive relevance and organizational evolution, the importance of decentralization, the importance of performance-evaluation as a tool for achieving decentralization, the challenges of implementing incentives and the links between organizational structure and ethical conduct. The goal is to enable students to better understand when poor corporate performance is traceable to a flawed organizational structure. First year and sophomore students are not eligible for this course. To enroll in this "W" section, request a course override and email ugbusiness@rochester.edu for approval. Prerequisite: ACC201; MKT203 or FIN204/205 Overlapped: ECON 214-1, ECON 214W-1, STR 203-1 Note: This is the only section of ECON214W being offered in Spring 2025. ** If the section is full, please request the course here on UR Student and then email ugbusiness@rochester.edu to be added to the waitlist. Professor Schmidt will not be able to override additional students; all requests must go through the ugbusiness@rochester.edu email. |
|
ECON 263-01
Estefano Roberto Rubio Salinas
|
|
The course examines the role of the government in the economy, answering "why", "when", and "how" it should intervene. We begin with the "why", exploring normative approaches to resource allocation through welfare economics, distributive justice, and bargaining theory, establishing efficiency and equity as key government objectives. To address the "when", we analyze the benchmark case of competitive markets and the welfare theorems, followed by an exploration of various market failures (externalities, public goods, market power, asymmetric information). We then study the government's tools for intervention, both in markets (taxes and quotas) and beyond markets (regulations and institutions). Since these tools reshape incentives, the "how" focuses on understanding the responses of economic agents to government actions. Drawing insights from public finance, labor economics, and political economy, we distinguish between mechanical and behavioral changes and explore government failures. Finally, we integrate these elements to build a positivist framework for assessing the quality of public policies based on government normative objectives. |
|
ECON 207-15
Srihari Govindan
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. Prerequisites: ECON 108 (will be audited first day of class) and a semester of calculus (specifically knowledge of derivatives). |
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Wednesday | |
ECON 207-3
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 207-4
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 207-5
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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Thursday | |
ECON 108-9
Daria Bottan
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 108-3
Daria Bottan
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 207-6
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 207-9
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 108-4
Daria Bottan
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 207-7
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 207-8
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 108-8
Daria Bottan
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 207-12
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 207-13
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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Friday | |
ECON 289W-1
Sudhir Singh
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This course will guide students through the process of formulating economic hypotheses, gathering the appropriate empirical data, cleaning and analyzing the data with descriptive and econometric tools using statistical software, and effectively communicating research findings in writing and presentations. Prerequisites: ECON 207, ECON 231W |
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ECON 108-5
Daria Bottan
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 207-14
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 207-16
Srihari Govindan
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. Prerequisites: ECON 108 |
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ECON 108-6
Daria Bottan
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 207-10
Michael Rizzo
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The economics of consumer choice and the demand for goods; producer choice, including the supply of goods and the demand for labor and other inputs; the effects of competition and monopoly power on prices and production. |
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ECON 209-3
Eugenio Gonzalez Flores
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Economic growth, fluctuations, and other topics concerning the aggregate economy |
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ECON 108-7
Daria Bottan
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The fundamentals of microeconomic and macroeconomic theory, with applications; preparation for subsequent economics courses. |
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ECON 209-4
Christopher Sleet
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Economic growth, fluctuations, and other topics concerning the aggregate economy |