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650-725-3266
Session dates and times for courses are available in Axess under the Guest Menu. Course day, time, and units are subject to change. Courses are eight weeks long unless otherwise noted in the course description or details.
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Introductory Economics A |
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Introductory Economics B |
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Economic Analysis I |
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Economic Analysis II |
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Economic Analysis III |
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Money and Banking |
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Introduction to Financial Economics |
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International Trade and Finance
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ECON 1A
Introductory Economics A
5
units
Time: see http://axess.stanford.edu
The economic way of thinking and the functioning of a modern market economy. The behavior of consumers and firms, markets for goods and inputs, and principles of international exchange. Applications and policy issues in economics.
Note: Meets GER Disciplinary Breadth: Social Science.
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ECON 1B
Introductory Economics B
5
units
Time: see http://axess.stanford.edu
Aggregate economic relationships, including output, employment, inflation, interest rates, and exchange rates. Short-run fluctuations and long-run growth. Issues in monetary and fiscal policy.
Prerequisite: 1A
Note: Meets GER Disciplinary Breadth: Social Science.
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ECON 50
Economic Analysis I
5
units
Time: see http://axess.stanford.edu
Individual consumer and firm behavior under perfect competition. The role of markets and prices in a decentralized economy. Monopoly in partial equilibrium. Economic tools are developed from multi-variable calculus, using partial differentiation and techniques for constrained and unconstrained optimization.
Prerequisite: ECON 1 or 1A, and MATH 51
Note: Meets GER Disciplinary Breadth: Mathematics.
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ECON 51
Economic Analysis II
5
units
Time: see http://axess.stanford.edu
Introduction to neoclassical analysis of general equilibrium, welfare economics, imperfect competition, externalities and public goods, intertemporal choice and asset markets, risk and uncertainly, game theory, adverse selection, and moral hazard. Multivariable calculus is used.
Prerequisite: ECON 50: Basic Price Theory
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ECON 52
Economic Analysis III
5
units
Time: see http://axess.stanford.edu
Growth and fluctuations in the economic system as a whole. National income accounts and aggregate relationships among stocks and flows in markets for goods, labor, and financial assets. Economic growth, inflation, and unemployment. The role of macroeconomic policies in the short and long run.
Prerequisite: ECON 1B and ECON 50: Basic Price Theory
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ECON 111
Money and Banking
5
units
Time: see http://axess.stanford.edu
Money, interest rates, banks and other financial institutions at both micro and macro levels. Micro: alternative financial instruments, the determination of interest rates, the yield curve, and the role of banks and other capital market institutions in the intermediation process. Supply of money, regulation, and supervision. Macro: the choice of monetary policy by the central bank, the impact of monetary policy making institutions on this choice and the various channels through which monetary policy affects inflation and real variables in the economy. Emphasis is on the institutional structure of Federal Reserve System and the conduct of monetary policy in the U.S.
Prerequisite: ECON 50: Basic Price Theory and ECON 52: Intermediate Macroeconomics
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ECON 140
Introduction to Financial Economics
5
units
Time: see http://axess.stanford.edu
Modern portfolio theory and corporate finance. Topics: properties of various financial instruments including financial futures, mutual funds, the Capital Asset Pricing Model, and models for pricing options and other contingent claims.
Prerequisite: ECON 51: Intermediate Microeconomics and ECON 102A: Introduction to Econometrics
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ECON 165
International Trade and Finance
5
units
Time: see http://axess.stanford.edu
Comparative advantage in production and trade among nations; trade policy; increasing returns, imperfect competition and trade; the international monetary mechanism; domestic monetary, fiscal, and exchange rate policies and their relationship to foreign trade; global financial crises and trade.
Prerequisite: ECON 1A or ECON 1B or ECON 1: Elementary Economics and ECON 51, 52: Intermediate Microeconomics and Macroeconomics
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