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  • 3.00 Credits

    This course is an application of economics to questions of how to organize economic activity, with particular emphasis on organization of firms. Topics include incentives, moral hazard in teams, property right and the theory of the firm, vertical integration and outsourcing, rent-seeking, complementarities, and externalities. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to organizational decision-making. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
  • 3.00 Credits

    This course is an application of economics to the understanding the public sector, with particular emphasis on what business leaders need to know about government. Topics include voting, legislatures, regulation, lobbying, public relations, and crisis management. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making with regard to the public sector. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
  • 3.00 Credits

    This course is an application of economics to the process of making deals. Topics include key ideas in the economics of contracts and bargaining, including externalities, holdup, moral hazard, adverse selection, signaling and screening, incomplete contracts, and Rubinstein bargaining. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making with regard to contracts and bargaining. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
  • 1.00 Credits

    This course is an application of economics to business taxation. Topics include government expenditure and funding, positive and negative externalities, taxation theory and structure, and state/local government finance. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making with regard to business taxation. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
  • 3.00 Credits

    This course is an application of economics to market design. Topics include auctions with independent private valuations, multi-unit auctions, common value auctions, all-pay auctions, platform competition and matching markets. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making with regard to market design. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
  • 3.00 Credits

    This course presents the economics of information. Topics include advanced applications of information economics to game theory, including signaling and screening, Perfect Bayesian equilibrium, and mechanism design. Readings will rely heavily on current news articles to illuminate the direct applicability of economics to the current business world. Students will use econometrics skills to analyze data directly relevant to managerial decision-making with regard to information economics. Prerequisites: 'C-' or better in QAMO 3020 Corequisites: QAMO 4800
  • 3.00 Credits

    This course introduces students to the health care industry from a business perspective. Unlike many other industries, health care is characterized by a multitude of challenges such as pervasive market failures, distorted incentives, a fragmented structure, and a diverse array of stakeholders ranging from governments to nonprofit organizations and private firms. Furthermore, health care plays a pivotal role in the United States economy, constituting a substantial 17% of national expenditures as of 2022. Prerequisites: 'C-' or better in QAMO 4011 AND QAMO 4700 AND ('B+' or better in QAMO 2011 OR 'C-' or better in QAMO 3010)
  • 3.00 Credits

    The modern firm has created unprecedented wealth around the world. Companies have also contributed to growing inequality within countries, climate change, harming consumers, and abused employees. Members of Generation Z (roughly, those born after 1996), like Millennials before them, are more concerned about the social role of businesses than those in previous generations, leading to tensions in both society and the workplace. The fundamental questions of this class are, 'Can business mitigate these social harms while maintaining economic viability? Should they?' This course is intended equally for third- and fourth-year undergraduate students in QAMO or other business majors who wonder how their personal concerns can and should influence their career, and those who think business should separate itself from social concerns and focus on simply making a profit, or those who just are not sure. Prerequisites: 'C-' or better in QAMO 3020 AND QAMO 5010 AND (BUS 1050 OR BUS 1051 OR MGT 1050 OR MGT 1051)
  • 3.00 Credits

    Many important decisions are made via voting processes. Some obvious examples include corporate boardrooms, shareholder meetings, industry councils, judicial rulings, fiscal policymaking, selection of religious leaders, the choice of officers of fraternities, and of course, the selection of national leaders. This class brings the tools of game theory and econometric analysis to the study of voting. This course draws on work in corporate finance and political economy to study how voting does and sometimes does not work. Voting is popular because it can provide a simple and transparent way to resolve differences in preferences and aggregate dispersed information. As we shall see, whether equilibrium or strategic behavior in voting processes achieves these ends sometimes merits further analysis, and in some settings, the choice of how voting occurs can be quite consequential. Prerequisites: 'C-' or better in QAMO 3020 AND QAMO 4700
  • 3.00 Credits

    This is a course about how to analyze and interpret economic data and use it to inform decision making. The goals of the course are to 1) provide you with a broad and a balanced perspective on what data and evidence economic policymakers and business leaders use to understand the economy; 2) to introduce theoretical and analytical tools used to measure economic and financial conditions; 3) and to learn how to analyze and use economic data effectively in presentations and written work. The course is intended for sophomore, junior, and senior students who plan to pursue a business degree, including QAMO majors. Students should have taken an intro microeconomic theory class, and an intro econometrics class and have basic familiarity with Excel and Stata. Prerequisites: 'C-' or better in (BUS 2011 OR QAMO 2011 OR QAMO 3010) AND QAMO 4011 AND (QAMO 4651 OR MATH 3080)