STS

Economic Science Studies

Application of techniques of science and technology studies to problems in the history, philosophy, methodology and sociology of economics. Addresses modern economics as an illustrative case of issues arising in Studies of Scientific Knowledge. What counts as “fact” in economics? Who decides, and by what processes of negotiation? Does accepting that knowledge in economics as a construct reduce the usefulness of that knowledge and affect the notion of progress in economic science? Why has mathematical economics enjoyed such success in recent decades?

Competitive Strategy and Industrial Organization

Foundations of the field of industrial organization, including the theory of the firm, models of competition, market structure, pricing and dynamic models. Emphasis on theory with support from specific industries, including telecommunications, retail and airlines. Similar to ECON464, but requires additional assignment. Not open to students who have taken ECON464. One course / 3 units.

International Trade

Topics include United States trade policies and protectionism, the North American Free Trade area, trade and economic relations with industrialized countries, policies toward developing countries and multilateral institutions, macroeconomic policy coordination, and relations with Europe. Director of Undergraduate Studies consent required. Offered through Duke in New York Program. Pre-requisites: ECON201D. One course.

International Trade

Topics include United States trade policies and protectionism, the North American Free Trade area, trade and economic relations with industrialized countries, policies toward developing countries and multilateral institutions, macroeconomic policy coordination, and relations with Europe. Pre-requisites: ECON201D. One course.

Financial Institutions

Duke-in-NY Financial Markets and Institutions Program. The operations of commercial and central banking and non-banking financial institutions and instruments in the United States, determination of monetary aggregates and interest rates, the financial impacts of Treasury operations, and the linkages from Federal Reserve actions to price level, employment, economic growth, and balance of payments objectives. Coverage of models of monetary economics (for example the Cagan money demand function, cash in advance models). The dynamics and real effects of inflation. Instructor consent required.

Financial Institutions

The operations of commercial and central banking and non-banking financial institutions and instruments in the United States, determination of monetary aggregates and interest rates, the financial impacts of Treasury operations, and the linkages from Federal Reserve actions to price level, employment, economic growth, and balance of payments objectives. Coverage of models of monetary economics (for example the Cagan money demand function, cash in advance models). The dynamics and real effects of inflation. Pre-requisite: ECON210D or 372. One course.

Environmental Economics and Policy

The role of the environment in the theory and practice of economics. Topics include ways in which markets fail to efficiently allocate resources in the presence of pollution, along with the array of policies regulators used to correct those failures; the empirical techniques used by economists to put values on environmental commodities; and an examination of questions related to everyday environmental issues, particularly those confronting the developing world. Pre-requisites: ECON201D and one Statistics course; ECON208D recommended. One course.

Economics of Global Health

Examines reciprocal relationships between income, poverty and health across countries with focus on identifying effect of health on development. Addresses structural problems in delivery and quality of healthcare that arise from cultural as well as economic causes. Attention given to challenges of healthcare financing, and tension between high-tech care and basic care in developing countries. Students examine empirical evidence from interventions affecting health including infant mortality reduction programs. Focus on issues of poverty alleviation and the promise of foreign aid.

Pages