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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 Finance |
ECON 1A
Introductory Economics A
5
units
Time: see http://axess.stanford.edu
The economic way of thinking and the functioning of a market economy. The behavior of consumers and firms, markets for goods and inputs, and principles of international exchange. Applications and policy issues in economics.
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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: ECON 1A.
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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 developed from multivariable calculus using partial differentiation and techniques for constrained and unconstrained optimization.
Prerequisite: Enrollment in ECON 50 requires prior completion of ECON 1 or ECON 1A, plus either ECON 50M or Math 51 (any Math 51_ course).
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ECON 51
Economic Analysis II
5
units
Time: see http://axess.stanford.edu
Neoclassical analysis of general equilibrium, welfare economics, imperfect competition, externalities and public goods, intertemporal choice and asset markets, risk and uncertainty, game theory, adverse selection, and moral hazard. Multivariable calculus is used.
Prerequisite: Enrollment in ECON 51 requires prior completion of ECON 50.
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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: Enrollment in ECON 52 requires prior completion of ECON 50 and ECON 1B.
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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, 52.
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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, ECON 102A.
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ECON 165
International Finance
5
units
Time: see http://axess.stanford.edu
Questions of current interest to policy makers, business leaders, and general public. Topics include intertemporal approach to the current account, international investment patterns, sovereign debt, crises in international financial markets, real and nominal exchange rate determination and exchange rate policy. Models in international macroeconomics. Recent research on the empirical and practical relevance of these models. Tools to read critically and understand international economic policy found in popular media such as the Economist Magazine, the Wall Street Journal, and the Financial Times.
Prerequisite: ECON 52.
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