It is possible to earn the Certificate in Financial Economics in conjunction with this major (prime or second). Prerequisite: Econ 1011. The principal focus will be the calculus of multivariate functions (including total and partial differentiation), unconstrained and constrained optimization of multivariate functions, and implicit and inverse function rules. Arch: SSC In CSE 517a we cover topics such as kernel methods (support vector machines, Gaussian processes), neural networks (deep learning), unsupervised learning, and practical machine learning (feature selection, dimensionality reduction, model evaluation, and comparison). Prerequisites: The prerequisite courses for Econ4011 are Econ1011 and Math132. Bryan Coronel MS Data Analytics, Stats @ WashU'23 | Prev @ LinkedIn, Abbott | Seeking Data Science, ML Roles The general question we will address, using specific cases, is that of the role of markets and government in an economy. "I worked at Google forsixyears as asitereliabilityengineer,softwareengineer, internal startupco-founder, plus a couple of short rotations as a CS instructor. Prerequisites: Econ 1021 and Econ 4011. This course covers advanced applications of Game Theory in economics. Visit online course listings to view semester offerings for L11 Econ. http://sites.wustl.edu/neumann/courses/spring-2016/cse-517/. The PDF will include content on the Overview tab only. Specific topics to include sources of economic growth and changing living standards, unemployment, impact of globalization on U.S. citizens, economic mobility, poverty and inequality, and social justice. Prerequisites: Econ 4011 and Econ 4021. Prerequisite: Econ 4021. Credit 3 units. Prerequisities: (none listed) Credits: 4.0 Description: The field of machine learning is concerned with the question of how to construct computer programs that automatically improve with experience. Substitutions for economics courses and study abroad approval will be determined by the Academic Coordinator in the Econ department. Theories featuring the role of investment in physical and human capital, technology, coordination, financial markets, and environmental variables will be presented. Further information is available in the Majors section of this page. The course examines critically two prescriptions that economics usually endorses: (1) "balancing" of benefits against costs (e.g., benefit-cost analysis) and the use of risk analysis in evaluating policy alternatives; and (2) use of market incentives (e.g., prices, taxes or charges) or "property rights" instead of traditional command-and-control regulations to implement environmental policy. Topics include economic growth, poverty, corruption, and human capital accumulation, with an emphasis on education and health-related policies. EN: S, L11Econ208 First-Year Seminar: Economics and Society, Economics and Society is a first-year seminar open to interested students, without prerequisites of any kind. Prerequisites: Econ 1011 and 1021. Credit 3 units. We look at the theories, we examine the facts (past and present), then we go back to the theories and reconsider their explanatory power. Students must complete all three of the following to complete the major and the Certificate: 4 Economics electives, where both of the following must be satisfied: at least 2 (of the 4) electives must be drawn from the List of Financial Economics electives (above); and, at least 3 (of the 4) electives must be drawn from the approved list of Economics joint-major electives, 3 Mathematics electives drawn from the approved list of Mathematics joint-major electives. Students who have AP credit for Math 131, Math 132 and/or Math 2200 do not have to complete additional mathematics coursework. Many Git commands accept both tag and branch names, so creating this branch may cause unexpected behavior. Gaetano Antinolfi Professor Weidenbaum Center Research Fellow PhD, Cornell University Macroeconomics; monetary and international economics, Yongseok Shin Douglass C. North Distinguished Professor of Economics PhD, Stanford University Macroeconomics; economic growth, Costas Azariadis Edward Mallinckrodt Distinguished Professor in Arts & Sciences Weidenbaum Center Research Fellow PhD, Carnegie Mellon University Macroeconomic dynamics; economic development; monetary and fiscal policy, Michele Boldrin Joseph Gibson Hoyt Distinguished Professor in Arts & Sciences Graduate Admissions Officer PhD, University of Rochester Economic theory; economic growth; macroeconomics, Francisco (Paco) Buera Sam B. Cook Professor of Economics PhD, University of Chicago Macroeconomics; macroeconomic development, Steven Fazzari Director of the Weidenbaum Center on the Economy, Government, and Public Policy Bert A. and Jeanette L. Lynch Distinguished Professor of Economics PhD, Stanford University Macroeconomics; Keynesian economics; investment and finance, George-Levi Gayle John H. Biggs Distinguished Professorship in Economics PhD, University of Pittsburgh Econometric theory; contract theory; labor economics; personnel economics; corporate governance, Limor Golan Laurence H. Meyer Professor of Economics PhD, University of WisconsinMadison Labor economics; applied microeconomics; applied econometrics, Rodolfo Manuelli James S. McDonnell Distinguished University Professor PhD, University of Minnesota Economic growth and development economics; macro and monetary economics, Bruce Petersen Director of Undergraduate Studies Bert & Jeanette Lynch Distinguished Professor of Economics Weidenbaum Center Research Fellow PhD, Harvard University Financial economics; applied microeconomics, Werner Ploberger Thomas H. Eliot Distinguished Professor in Arts & Sciences PhD, Vienna University of Technology Statistics; econometric methodology; time-series econometrics, Robert Pollak Hernreich Distinguished Professor of Economics PhD, Massachusetts Institute of Technology Environmental economics; microeconomics/industrial organization; business and government; political economy, Ping Wang Seigle Family Professor NBER Research Associate PhD, University of Rochester Growth/development; money/macro; economic theory; spatial/health economics, Marcus Berliant Director of Graduate Studies PhD, University of California, Berkeley Public finance; mathematical economics; urban economics, John Nachbar PhD, Harvard University Economic theory, Brian Rogers PhD, California Institute of Technology Microeconomic theory, in particular, the fields of network formation, social learning, and applied game theory, Jonathan Weinstein PhD, Massachusetts Institute of Technology Microeconomic theory, game theory, Gaurab Aryal PhD, Pennsylvania State University Industrial organization; empirical industrial organization, Sukkoo Kim PhD, University of California, Los Angeles Economic history; urban and regional economics; trade and development, Ana Babus PhD, Erasmus University Rotterdam Microeconomic theory; finance, Ian Fillmore PhD, University of Chicago Intersection of industrial organization, labor economics, and econometrics; economics of education and education markets, Sanghmitra Gautam PhD, University College London Development economics; applied microeconometrics; public economics, Andrew Jordan PhD, University of Chicago Labor markets, discrimination, and criminal justice, SangMok Lee PhD, California Institute of Technology Microeconomics, Sudeshna Bandyopadhyay PhD, University of Maryland, Grace J. Yan Johnson PhD, Oklahoma State University, Mariagiovanna Baccara PhD, Princeton University, Scott A. Baker JD, University of Chicago PhD, University of North Carolina at Chapel Hill, Leonard Green PhD, State University of New York, Oksana Leukhina PhD, University of Minnesota, Glenn MacDonald PhD, University of Rochester, Fernando Martin PhD, University of Pennsylvania, Alexander Monge-Naranjo PhD, University of Chicago, Camillo Padoa-Schioppa PhD, Massachusetts Institute of Technology, Paulia Restrepo-Echavarria PhD, University of California, Los Angeles, Juan Sanchez PhD, University of Rochester, Guillaume Vandenbroucke PhD, University of Rochester, David Levine John H. Biggs Distinguished Professor Emeritus PhD, Massachusetts Institute of Technology, Major in Economics|Major in Economics and Computer Science | Major in Mathematics and Economics | Certificate in Financial Economics | Additional Information. Students will apply these learnings toward profit-seeking solutions for the United Nations' Sustainable Development Goals, which are global challenges that call us to work together with boldness and urgency. Important components of this course are participation in in-class discussion and essays submitted on the practical issues discussed throughout the semester. How come we have the impression that most useful inventions took place in the past three centuries? We will explore how skills from entrepreneurship and venture creation can be used to improve water, climate, education and gender equality globally and here in St. Louis. A&S IQ: SSC Though basic functions will be covered, our focus will be on leveraging Excel's more advanced functions, analytical tools, reporting templates, and linking features to manage multiple workbooks, manipulate data across files, automate tasks, and produce publication quality charts, tables, and graphs. In each major, students complete thecore courses in the respective fields, along with a set of electives that are complementary to both fields. Art: SSC *Math 493 is elective credit in the major if Math 3200 is completed to satisfy the core requirements. The economics of information literature is also used to explain the evolution of financial institutions and markets, and to understand the consequences of that evolution for economic outcomes (such as economic development and financial crises) and for monetary policy choices (such as central bank interventions, regulations and changes in the payments system). Students prime in Arts & Sciences may earn Latin Honors by completing 9 units (3 courses) of additional coursework, over-and-above the major requirements: One economics course from: Econ 407; Econ 4151; Econ 452; Econ 467; Econ 484; Econ 503, One computer science course from the list above. Historical cross-country data, microdata, and specific case studies will be used to evaluate theories of the sources of inequality. Prerequisites: Econ 1011 and Econ 1021. Majors must complete seven electives, with three in each discipline and one from either department. Students should refer to the departments websites or consult with either. Art: SSC The role of banks in the economy can be explained with the tools developed in these models of the economics of information, as a microeconomic theory of banking does not exist when information is symmetric and markets are complete. Art: SSC This will be a permanent notation on your academic record. Tour McKelvey Hall Discovery through research L11Econ444 Innovation and Intellectual Property: Theory and Practice. *Students planning to complete CSE 517 should try to complete CSE 417T as the prerequisite course. *Students planning to complete CSE 517 should try to complete CSE 417T as the prerequisite course. Prerequisites: Econ 4011, Econ 4021, and Econ 413. Prerequisite: Econ 4011; Econ 4021 recommended, but not required. The primary focus will be a critical examination of psychological theories of nonstandard preferences including loss aversion, probability weighting, reciprocity, fairness and present bias. The prerequisite courses for Econ 4011 are Econ 1011 and Math 132. (In other words, a total of 5 economics electives are completed, rather than the 4 required for the major alone.). Key variables to be evaluated include physical capital investment, education and human capital investment, technological progress, robotization, international trade, and financial markets, among others. Assignments are revised to improve logical structure, clarity and style. Emphasis is on hands-on implementation of the models covered in the course. The course relies heavily on the concepts and methods of microeconomics and macroeconomics. https://economics.wustl.edu/certificate-financial-economics, Major in Economics and Computer Science Requirements, Visit the main Washington University in St. Louis website, Econ 1011: Introduction to Microeconomics, Econ 1021: Introduction to Macroeconomics, Econ 413 (413W): Introduction to Econometrics (with Writing), Math 2200: Elementary Probability & Statistics, or an approved substitute (refer to the Economics "Undergraduate Guide" for approved substitutes.). Multiple writing assignments that emphasize critical analysis of theoretical perspectives and readings applied to current macroeconomic topics. Prerequisite: instructor permission. You must have successfully completed Econ 4011, and should be acquainted with basic optimization theory, expected utility theory, risk aversion, discounting and basic game theory including dominance, Nash equilibrium and subgame perfection. L11Econ4111 Optimization and Economic Theory. Students are expected to learn: how economic and political forces may shape the incentives and constraint of political actors (e.g., voters and policy makers); the role of institutions in shaping both political behavior and policy outcomes. Analytic theory of consumer and producer behavior under perfect and imperfect competition. This course is for first-year (non-transfer) students only.Same as I60 BEYOND 105, Credit 3 units. Prerequisite: Econ 4011. The course also explores monetary and fiscal policy under both fixed and floating exchange rates, macroeconomic policy coordination and optimum currency areas, international debt problems of developing countries, and their relation to stabilization program. In addition, Econ493 or Math233 must be taken prior to, or concurrently with, enrollment in Econ4011. Prerequisite: Econ 4011. CSE 517A 517a - Washington University in St Louis School: Washington University in St Louis * Documents (10) Q&A (1) Textbook Exercises 517a Documents All (10) Homework Help (5) Test Prep (1) Showing 1 to 10 of 10 Sort by: Most Popular 3 pages thw2 6 pages thw1 7 pages hw3.pdf 8 pages hw2.pdf 4 pages hw4.pdf 7 pages 01_lecturenote_SRM.pdf 7 pages Refer to the departments websites or consult with either Prof. Blake Thornton (mathematics; Substitutions for mathematics courses and study abroad approval for mathematics courses will be determined by the Math department. Consult with the Economics departments Academic Coordinator. Students pursuing this joint major through the McKelvey School of Engineering or through Arts & Sciences must do the following, in addition to the major requirements: Complete one additional economics elective. Minors in an approved study abroad/study away program may receive transfer credit for one economics elective at the 300-level. CSE 517A Machine Learning, Washington University in St. Louis, CSE 517A Machine Learning, Washington University in St. Louis For example, an AFAS major should register for the course "Africa: Peoples and Cultures" under its Ident number, L90 306B, whereas an Anthropology major should register for the same course under its Home number, L48 306B. One of the three electives can be any economics course with Econ 4011 or Econ 4021 as a prerequisite, including from an approved study abroad program. More information about the majors, the minors, the course offerings, and the honors program can be found in the Economics Undergraduate Guide, available on the department website and from the department. Prerequisites: Econ 4011 and Math 309 or permission of the instructor. Substitution for economics courses and study abroad approval for economics courses will be determined by the Academic Coordinator in the Econ department. In Economics: Prerequisites: Econ 4011. economics@wustl.edu, Advising / Questions / Further Considerations. BU: BA Econ 4011: Intermediate Microeconomic Theory, Econ 4021: Intermediate Macroeconomic Theory, One economics elective having at least Econ 1011 and/or Econ 1021 as a prerequisite course. The CSE program provides three majors in all, with numerous electives, allowing flexibility to explore your academic and career interests. It is possible to graduate with Latin Honors or with English honors. The structure and the role of banks have changed tremendously. Prerequisites: Econ 4011 and Econ 413. In this course, students will learn to take advantage of the profit-seeking motive of capitalism while also learning from the mistakes and unintended consequences capitalism has caused throughout history. The major concern will be the rising cost of health care and appropriate public policy responses. We will consider how these questions have been framed and answered at different points in time and in different cultures. As such, financial decisions must often take into account future events, whether those be related to individual stocks, portfolios, or the market as a whole. I was picking universities based specifically on the CSeducation research groups,and Dr. Kelleher'sworkseemed like the most interesting andthemost similar to the type of thing I wanted to do. Prerequisite: Econ 4021. Prerequisite: Econ 1011. Theoretical and empirical analysis of the presence and value of competitive forces in the United States economy. Complete one additional economics elective drawn from the List of Financial Economics electives, above. Three 3-unit computer science electives drawn from the list below: With instructor permission, students may use any of the following for economics elective credit: Students may declare a prime or a second major in Math + Economics via L24 (Math) or L11 (Econ), and that will determine their major advisor. The typical number of units earned is 2, with the possibility of a maximum of 3, per semester. Washington University in St. Louis Women's Building, Suite 10 One Brookings Drive, MSC 1143-0156-0B . Credit 3 units. What explains the decline of manufacturing, and its growth in the early stages of development? Prerequisite: Econ 4011. Arts & Sciences students who declare this major must fulfill the distribution and all other requirements for an AB degree in addition to the specific requirements listed below. Prerequisites: Math 233, CSE 247, ESE 326 or Math 3211, Math 309, and CSE 417T or ESE 417. Yevgeniy Vorobeychik will use artificial intelligence to improve methods for game-theoretic analysis. Prerequisites: Econ 4011 and Math 2200 or equivalent. (55 Documents), CSE 541T - Computer Algorithms More information about the majors, the minors, the course offerings, and the honors program can be found in the Economics Undergraduate Guide, available on the department website and from the department. In financial markets, trade is essentially "money now" for "money in the future." Credit 3 units. The other two economics electives must come from the following list: Econ 404 Behavioral and Experimental Economics, Econ 437 The Economics of Financial Intermediation, Econ 477 Topics in Financial Economics: Investments, Econ 477 Topics in Financial Economics: Asset Pricing. Determination of prices; distribution of national income; theory of production. The upper-level units (300- and 400-level courses) required for the major must be independent of other majors or minors (i.e., upper-level coursework required for a major may not be double-counted for another major or a minor in Arts & Sciences). As noted previously, students are strongly encouraged to complete at least one internship and to complement their studies with appropriate course work from the Olin Business School. L11Econ410 Macroeconomics of Inequality. Note: This course does not count toward the major or minor in economics. This course begins with a review of international trade theory, of the balance of payment accounts, and their relationship to international borrowing and lending. Prerequisites: The prerequisite courses for Econ4011 are Econ1011 and Math132. Majors in an approved study abroad/study away program may receive transfer credit for the Econ 413 and two electives at the 300-level. A minimum of 3 of the total economics electives completed for the major-plus-Certificate must be drawn from the approved List of Financial Economics electives, above.