This course studies advanced topics in micro and macro economic theory. A major focus is on the mathematical underpinnings of advanced modern economics, with a particular emphasis on proofs. Topics may include existence of Nash equilibria, games of incomplete information, equilibrium refinement and selection, global games, Bayesian persuasion, Mirrless taxation, dynamic programming, existence of general equilibrium, recursive equilibria, stochastic models in continuous time, and others. The focus of this class is primarily on mathematical formalism, rigor, and proofs. These tools are essential components of any graduate program in economics. Students who wish to see pure math theorems applied to other fields may also be interested.
The Class: Format: lecture
Requirements/Evaluation: May include problem sets, exams, participation, term paper
Prerequisites: MATH 150 or equivalent, ECON 251, or permission of instructor
Enrollment Preferences: Senior Economics Majors
Distributions: Division II Quantative/Formal Reasoning
QFR Notes: Mathematical modeling and proofs