Elements of Economic Analysis 2

University of ChicagoChicago, United States

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Program Details

Degree
Bachelors
Course Language
English

Program Overview

University Programs

The university offers various programs for students, including the Summer Session, Summer Institute in Social Research Methods, Summer Research Residency Program (SRRP), Summer Language Institute (SLI), and Marine Biological Laboratory (MBL).


Course Details

Elements of Economic Analysis 2

This course examines demand and supply as factors of production and the distribution of income in the economy. It also considers some elementary general equilibrium theory and welfare economics.


Course Criteria

  • Prerequisites: ECON 20000 or ECON 20010.

Instructor(s)

  • Murilo Ramos

Session

  • Session 1

Course Dates

  • June 15th - July 17th

Class Days

  • Mon, Wed, Fri

Class Time

  • 3:00 pm - 5:15 pm

Modality

  • In-Person

Other Courses to Consider

These courses might also be of interest:


  • Elements of Economic Analysis 1 This course is an introduction to the "economic approach" as it is applied to consumer behavior. We will stress the notion that individuals maximize their well-being, as they conceive it, subject to resource constraints. The course develops the necessary mathematical and graphical tools to carry out the analysis of the canonical utility maximization problem. We pay particular attention to the way in which the canonical model of individual behavior, "the" utility maximization problem, provides a unified treatment of individual behavior, even in settings in which it may not be fully descriptive of the situation at hand. We will also analyze the aggregation of individual decisions into group (market, in this case) aggregates. We will apply this basic model of human behavior to numerous areas such as the allocation of time (including home production), intertemporal choice, choice under uncertainty (including the economic analysis of crime and the value of a statistical life) among others. Residential
  • Elements of Economic Analysis 3 As an introduction to macroeconomic theory and policy, this course covers the determination of aggregate demand (i.e., consumption, investment, the demand for money); aggregate supply; and the interaction between aggregate demand and supply. We also discuss economic growth, business cycle, inflation and money. Residential
  • Economic Policy Analysis Building on the tools and methods that are developed in the micro and macroeconomics course work, this course analyzes fiscal and monetary policy and other topical issues. We use both theoretical and empirical approaches to understand the real-world problems. Remote

University Programs Overview

The university offers a range of programs, including:


  • Summer Session
  • Summer Institute in Social Research Methods
  • Summer Research Residency Program (SRRP)
  • Summer Language Institute (SLI)
  • Marine Biological Laboratory (MBL)

About University

University of Chicago Summary


Overview:

The University of Chicago is a prestigious research university located in the Hyde Park neighborhood of Chicago. It is known for its rigorous academic programs, emphasis on independent thinking, and commitment to intellectual freedom. The university boasts a diverse community of scholars and students who contribute to groundbreaking research and advancements in various fields.


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Student Life and Campus Experience:

The university offers a vibrant campus experience with a diverse community, access to arts and culture, and a strong connection to the surrounding South Side neighborhood. Students can expect a challenging academic environment that fosters independent thinking and critical analysis.


Key Reasons to Study There:

    Rigorous academic programs:

    The university is renowned for its challenging and intellectually stimulating curriculum.

    Emphasis on independent thinking:

    Students are encouraged to develop critical thinking skills and engage in original research.

    Intellectual freedom:

    The university provides a supportive environment for faculty and students to pursue their research interests without limitations.

    Field-defining research:

    The university has a long history of groundbreaking research and discoveries that have shaped various fields.

    Global impact:

    The university is actively involved in addressing global challenges through research, initiatives, and programs across the world.

Academic Programs:


Other:

The university is deeply connected to its surrounding community and invests in the South Side through initiatives in health, education, economic growth, and the arts. It also emphasizes its commitment to diversity and inclusion, fostering a welcoming environment for students from all backgrounds.

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