The course introduces students to the field of political economy. (41 Documents). We will examine the extent to which these are consistent with standard economic theory and how they may contradict it. A&S IQ: SSC In addition to theEconomics major, there are two interdisciplinary majors: Economics & Computer Science and Math & Economics. Why are the level and the growth rate of per-capita income so different across countries? Basic theoretical concepts applied to analyze the changing structure and performance of the American economy from colonial times to the present. L11Econ4301 Understanding the Financial Crisis. Access study documents, get answers to your study questions, and connect with real tutors for CSE 514A : Data Mining at Washington University In St Louis. The CSE program provides three majors in all, with numerous electives, allowing flexibility to explore your academic and career interests. The purpose of this course is to introduce students to some of the theories and doctrines that constitute the main paradigms from which economists and policy makers approach the world. Keep in mind that you will be placed on the waiting list until you pass the take-home placement exam. It is possible to earn the Certificate in Financial Economics in conjunction with this major (prime or second). The PDF will include content on the Minors tab only. This mini course offers students the opportunity to master the advance functionality of Microsoft Excel, and to apply those skills to common economic, statistical, and financial problems. Our programs push the boundaries to develop and transform the future of computing. BU: BA Minors in an approved study abroad/study away program may receive transfer credit for one economics elective at the 300-level. Specific grading duties will be determined by the supervising faculty member, in accord with Arts & Sciences policies. Prerequisites: Math 233, CSE 247, ESE 326 or Math 3211, Math 309, and CSE 417T or ESE 417. Prerequisites: Econ 1011 and Econ 1021. Credit 3 units. This course begins with a review of international trade theory, of the balance of payment accounts, and their relationship to international borrowing and lending. It is possible to graduate with Latin Honors or with "English" honors. Students prime in Arts & Sciences may earn Latin Honors by completing 9 units (3 courses) of additional coursework, over-and-above the major requirements: One economics course from: Econ 407; Econ 4151; Econ 452; Econ 467; Econ 484; Econ 503, One computer science course from the list above. It emphasizes the development of analytical models and their application to important economic, social and political issues, such as inflation, unemployment, taxation, inequality, poverty, pollution, government decision-making and regulation. An analysis of selected urban problems, such as causes and effects of housing market segregation; decay and abandonment, landlord-tenant relations, crime, and urban transport systems. L11Econ4721 Advanced Topics in Modern Economic Growth. | March 2, 2023 Theories of industrial organization and development of criteria for performance of noncompetitive industries. Required courses: Course List; . We will learn how to use empirical observations for the purpose of calibrating model parameters and how to conduct policy evaluation in the context of calibrated models. Copyright 2004, 2005, 2006, 2007 WiMAX Forum "WiMAX Forum" and "WiMAX Forum CERTIFIED" are registered trademarks of the WiMAX Forum. Prerequisite: Econ 1011. Prerequisite: Econ 4011. (In Economics, elective coursework can be at the 300- or 400-level.). This course addresses three essential topics from the wide-ranging field of the economics of education. Students will be expected, at a minimum, to attend lectures and hold office hours. Fundamental growth theory is then provided for explaining these facts systematically and for evaluating the consequences of commonly adopted development policies. In CSE 517a we cover topics such as kernel methods (support vector machines, Gaussian processes), neural networks (deep learning), unsupervised learning, and practical machine learning (feature selection, dimensionality reduction, model evaluation, and comparison). In practice, we will apply these methods to solve two major models used in macroeconomic analysis, using both Excel and Matlab. Prerequisites: The prerequisite courses for Econ4011 are Econ1011 and Math132. The prerequisite courses for Econ 4021 are Econ 1021 and Econ 4011. Exceptional spaces for discovery and creation McKelvey Hall, home to CSE, was designed with collaboration and innovation in mind. IMSE research. Economic analysis of labor markets. We will primarily consider two topics: (1) two-sided matching markets, such as the National Resident Matching Program and the Kidney Exchange for transplants, and (2) auctions used by Google, Facebook, etc. Topics include expected utility, strategic-form and extensive-form games with perfect information, Bayesian games, infinitely repeated games, dominance, Nash equilibrium and its refinements. Discussion of the role of time as it pertains to interest rates, discounting and net present value. Art: FAAM, SSC Note: This course does not count toward the major or minor in economics. A minimum of 3 of the 5 economics electives must be drawn from the approved List of Financial Economics electives, above. (In other words, a total of 5 economics electives are completed, rather than the 4 required for the major alone.). Prerequisites: Econ 1011 and Econ 1021. Credit 3 units. Econ 4011: Intermediate Microeconomic Theory, Econ 4021: Intermediate Macroeconomic Theory, One economics elective having at least Econ 1011 and/or Econ 1021 as a prerequisite course. A&S IQ: SSC Prerequisites: Econ 1011 and Math 2200. As SEAS students they are also required to complete the usual 18 units of distribution course work in Social Sciences and Humanities. Economic analysis of labor markets. Students who are prime in McKelvey (EN) may use ESE 326 for the "statistics" requirement of any of the majors, and no pre-approval is required. Prerequisite: Econ 4011. See the appropriate Washington University Bulletin Archive. How to submit: You can commit your code through the command line with git and submit on Gradescope either in a zip file or through Github. This course can be repeated for P/F credit. Refer to the department website or consult with the Academic Coordinator in the Economics Department (Dorothy Petersen. Even those familiar with the basic functioning of Excel may be surprised to learn how little of its full capability most users access. Topics covered include: the U.S. crisis in historical and international perspective; corporate finance of firms and banks in closed and open economy; monetary and fiscal policy intervention; the open economy dimension of the financial crisis; the European Sovereign Debt crisis. Majors interested in completing the Certificate in Financial Economics should complete the following declaration form. Topics include: translation of economic theory into statistical models, statistical foundations of econometrics, preregression analysis bivariate and multiple regression techniques, hypothesis testing, multicollinearity, specification error, autocorrelation, errors in variables, identification, and simultaneous estimation. The deadline to file the Intent to Graduate is: Follow this link to register your intent to complete the Certificate:https://economics.wustl.edu/certificate-financial-economics. A&S IQ: SSC, WI Are there policies that help fostering innovation and others that hurt? https://economics.wustl.edu/certificate-financial-economics, Major in Economics and Computer Science Requirements, Visit the main Washington University in St. Louis website, Econ 1011: Introduction to Microeconomics, Econ 1021: Introduction to Macroeconomics, Econ 413 (413W): Introduction to Econometrics (with Writing), Math 2200: Elementary Probability & Statistics, or an approved substitute (refer to the Economics "Undergraduate Guide" for approved substitutes.). *Students planning to complete CSE 517 should try to complete CSE 417T as the prerequisite course. CSE 517A Machine Learning, Washington University in St. Louis - GitHub - suziray/COURSE-517-machine-learning: CSE 517A Machine Learning, Washington University in St. Louis Students will apply these learnings toward profit-seeking solutions for the United Nations' Sustainable Development Goals, which are global challenges that call us to work together with boldness and urgency. An introduction to mathematical optimization and its applications within economics. L11Econ477 Topics in Financial Economics. The study of fundamental forms of market failure that provide the economic rationale for government action. Credit 3 units. We will also see how economists test hypotheses about the criminal justice system using the same types of "natural experiments" they use to study markets. Prerequisite: invitation into the "Honors in Economics with Thesis" track of the department's Honors Program. The PDF will include content on the Courses tab only. Students must complete all three of the following to complete the major and the Certificate: 4 Economics electives, where both of the following must be satisfied: at least 2 (of the 4) electives must be drawn from the List of Financial Economics electives (above); and, at least 3 (of the 4) electives must be drawn from the approved list of Economics joint-major electives, 3 Mathematics electives drawn from the approved list of Mathematics joint-major electives. *Students planning to complete CSE 517 should try to complete CSE 417T as the prerequisite course. Engineering students who declare this major must fulfill the distribution and all other requirements for the BS in Applied Science degree in the McKelvey School of Engineering. The prerequisite courses for Econ4021 are Econ1021 and Econ4011. Exploration of the realities of economic life in the United States and how they correspond to the American Dream. L11Econ4011 Intermediate Microeconomic Theory. Econ 4011 Intermediate Microeconomic Theory, or Econ 413W Introduction to Econometrics with Writing. (121 Documents), CSE 347 - Analysis in Algorithms EN: S. Money and the monetary system; money creation by the banking system; central bank functions; monetary theory and economic policy. A&S IQ: SSC Theories will be evaluated using historical data and detailed case studies. Expand the sections below to learn about the approved electives and the specific requirements, depending on the student's major. Please Note: Requests for online registration will be wait listed, and students will be enrolled according to economics major/minor status and student level (e.g., priority to Level 8 economics majors). L11Econ354 The Economics of Criminal Justice. It is possible to graduate with Latin Honors or with English honors. The course tries to address these questions. The second important topic involves political economy and the supply side: the financing and provision of education. General equilibrium description of firms and consumers in labor and product markets. Prerequisite: Econ 4011. The upper-level units (300- and 400-level courses) required for the major must be independent of other majors or minors (i.e., upper-level coursework required for a major may not be double-counted for another major or a minor in Arts & Sciences). 4 Table 2: Loss Functions With Regression, yR Loss l(f w(x i);y i) Comments Squared Loss: (f w(x i)y i) 2 most popular regression loss function w will be related to the mean observations in D2 ADVANTAGE: di erentiable everywhere DISADVANTAGE: tries to accommodate every sample Consult Academic Coordinator for further details. Students use both desktop systems and hand-held (Arduino-compatible) micro-controllers to design and implement solutions to problems. Majors must complete 7 electives, with 3 in each discipline and one from either department. The third part of the course is devoted to the links between education and economic development, including cross-country differences in schooling, returns to schooling and per-capita income. Our faculty, which is made up of leading teacher-scholars, includes specialists in game theory, microeconomics, macroeconomics, industrial organization, monetary economics, financial economics, and public finance. Please direct questions about 247R and requests regarding excused absences to them via the 247R Piazza board . L11Econ413 Introduction to Econometrics. *For statistics, Math 3200 or ESE 326 are the preferred choices. (106 Documents), CSE 260 - Introduction to Digital Logic and Computer Design The course provides an in-depth understanding of the role of the state and the impact of specific public policies designed to encourage development. You must have successfully completed Econ 4011, and should be acquainted with basic optimization theory, expected utility theory, risk aversion, discounting and basic game theory including dominance, Nash equilibrium and subgame perfection. Majors must complete Econ 4011, Econ 4021, and the Econ 4011/Econ 4021 prerequisite electives in residence during the fall and spring semesters. The primary focus will be a critical examination of psychological theories of nonstandard preferences including loss aversion, probability weighting, reciprocity, fairness and present bias. Majors must complete Econ4011,Econ4021, and theEcon4011/Econ4021 prerequisite electives in residence during the fall and spring semesters. Students can enroll in only one section per semester. Topics include recession and recovery; long-term growth; saving and social security; investment; and monetary policy. As such, financial decisions must often take into account future events, whether those be related to individual stocks, portfolios, or the market as a whole. More information about the majors, the minors, the course offerings, and the honors program can be found in the Economics Undergraduate Guide, available on the department website and from the department. Math 131 Calculus I (AP credit may satisfy this requirement), Math 132 Calculus II (AP credit may satisfy this requirement), Math 3200 Elementary to Intermediate Statistics and Data Analysis*, or Math 3211 Statistics for Data Science I, or ESE 326 Probability and Statistics for Engineering, or DAT 120 & DAT 121 Managerial Statistics I and Managerial Statistics II, or Math 310 Foundations for Higher Mathematics. This subsection is a help session, and attendance is not required. - Econometrics is the development and application of statistical techniques for the measurement of economic phenomena. BU: BA, ETH Summer 2019. Review and extension of macroeconomic models from Econ 4021 from a comparative perspective and use of these models to analyze current macroeconomic and policy issues. Prerequisite: Econ 4011. Specific topics to include sources of economic growth and changing living standards, unemployment, impact of globalization on U.S. citizens, economic mobility, poverty and inequality, and social justice. **Non-engineering students may substitute Math 3200 or Math 3211 for the ESE 326 prerequisite. CSEP 517: Natural Language Processing University of Washington Spring 2017 Natural language processing (NLP) seeks to endow computers with the ability to intelligently process human language. The PDF will include content on the Majors tab only. McKelvey Hall, home to CSE, was designed with collaboration and innovation in mind. Econ 413 may be taken from an approved study abroad program. The former is generally offered in the fall semester; the latter in the spring. A&S IQ: SSC Because each person's education is an investment in human capital that allows the individual to contribute to society in a productive way, education becomes a crucial determinant of an economy's ability to achieve high growth with high wages, low unemployment and strong social cohesion. The major concern will be the rising cost of health care and appropriate public policy responses. Arch: SSC Prerequisite: invitation into the "Honors in Economics with Thesis" track of the department's Honors Program. economics@wustl.edu, Advising / Questions / Further Considerations. Of particular importance are the roles of risk, uncertainty, and time in the allocation of resources. My office hours are immediately after class to 8pm on MW (location is McKelvey 1037), and 12-1pm on Sat. A&S IQ: SSC, AN The general question we will address, using specific cases, is that of the role of markets and government in an economy. (203 Documents), CSE 247 - Data Structures and Algorithms Analysis of consumer demand for health care, medical technology, and the role of health insurance. (In other words, a total of 4 economics electives are completed, rather than the 3 required for the major alone.). Refer to the departments websites or consult with either Prof. Blake Thornton (mathematics; Substitutions for mathematics courses and study abroad approval for mathematics courses will be determined by the Math department. Credit 3 units. Art: SSC Please refer to the attachment to answer this question.