dartmouth econ brochure
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DARTMOUTH COLLEGE
2011-2012
ECONOMICS DEPARTMENT
301 Rockefel ler Hal l , Hanover, NH, 03755, USA
603-646-2538
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WHY ECONOMICS?
Many Dartmouth students
choose to major in Econom-
ics because they are interest-
ed in business and in going
on to a career in investment
banking or consulting. While
it is true that an Economicsmajor can prove to be lucra-
tive in the world of work, it is
really worth much more than
monetary rewards. Students
who take courses offered by
Dartmouth’s Economics De-
partment will be introducedto a unique way of asking
questions and looking at
problems that will be of life-
time value. Thus, Econom-
ics is really about learning a
way of thinking and analyz-
ing problems in the best tra-dition of the liberal arts.
The overall curriculum inthe Dartmouth EconomicsDepartment is designed tohelp students analyze important social problems ocurrent interest. The worldis constantly confronted
with important public policy issues that are essentially economic in character. Economic analysisprovides a coherent andprincipled framework for examining these issues andunderstanding the tradeoffs
involved in attempting tosolve important social problems. Individuals who arenot familiar with economics are at a serious disadvantage in the public debateover questions concerningunemployment and infla
tion, government spendingand social insurance, international trade policy, corporate governance and regulation, the stock marketand a host of other issues
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Vox clamantis in deserto
As the field of economicshas changed, the Dartmouthcurriculum has changed ac-cordingly. Quantitative skil lsare increasingly used in the
analysis and understandingof basic economic phenom-ena. Our curriculum aimsto teach students quantita-tive analysis skills that willbe useful in many contexts.Undergraduates are ex-posed to an up-to-date ar-ray of course offerings thatare intellectually challeng-ing and enhance students’chances for success notonly in professional work ineconomics, but also in busi-ness, law and public policyand at graduate and profes-sional schools.
In addition to the standardmajor, the economics minoand the modified major areintended to fit the needs ostudents who have an inter
est in economics but are primarily interested in anothediscipline or, in the case oa modified major, wish tostudy some specific problem or topic that falls partlyin the field of economics andpartly in a related field.
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INFORMATION FOR STUDENTS COSIDERING ECONOMICS
I f you are considering Economics as a major
or minor, this document contains information
that will assist you in the process of mapping
out your plan. It is intended to provide a brief answer to many of the questions you might
have. However, there is no substitute for
carefully reading both the Economics section
in the College Bulletin on Organization,
Regulations and Courses (ORC) and the
general sections on choosing a major.
FILING MAJOR CARDS
S tudents typically file a major card during
their sophomore year.
Submitting your Economics major card
with the Registrar’s Office is the only way
you will have priority when signing up for
Economic classes.
The plan of study listed on your major card is
not set in stone, but it is important to put some
thought into your major card so that it repre-sents your best guess of the courses you ac-
tually plan to take. You will want to pay par-
ticular attention to the prerequisites for each
course and to the term in which courses are
expected to be offered in order to ensure that
you are eligible to take your desired classes
in the desired terms.
It is important to realize that filing a ma-
jor card does not guarantee you a place in
your desired course in the desired term.
You must register on time, and may still be
placed on a wait list (see Wait List on page
3). Since course schedules and interests may
change, major cards can be re-filed if the plan
of study changes, but it is important that you
always have a plan in mind that will fulfill all
of the requirements of the major. Note that if
you intend to pursue Honors in the Econo
ics Department, you still need to file a ma
card that meets the requirements for a sta
dard major, since participation in Honors
not automatic.
To file a major card in Economics, you m
do the following:
(1) Obtain blank major cards from t
Economics office or Registrar’s office;
(2) Carefully read the section on Econom
Major Requirements in the College Bulle
on Organization, Regulations and Cours(ORC);
(3) See a regular faculty department memb
(that is, not a lecturer or a visiting profess
during office hours to verify that the propos
plan meets the requirements;
(4) Fill out three major cards with yo
approved plan in ink. Do not neglect to fil
the prerequisite section appropriately, be
sure to note any substitutions (such as Ma8 for Math 3, etc.);
(5) Submit these three copies to a facu
department member (not a lecturer or
visitor) for signature;
(6) File one card with the Economics off
(room 311), one card with the Registra
office and keep one for your records.
Double Major: In addition to filing a standa
major card, double majors are required
file a separate signed form available fr
the registrar’s office or the economics offi
listing the courses for both majors.
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WHAT THE MAJOR IN ECONOMICS
IS LIKE
Prerequisites: Economics 1 and 10, with
an average grade no lower than C, and
Mathematics 3. (A student who fails to
achieve the minimum grade average for theprerequisites may, with the permission of the
Vice Chair, substitute grades in Economics
21 and 20 for those in Economics 1 and 10,
respectively. Another statistics course may be
substituted for Economics 10 with permission
of the Vice Chair.)
These prerequisite courses introduce
students to the economic way of thinking. “ThePrice System,” Economics 1, is an in-depth
introduction to microeconomics, studying
supply and demand in both product and factor
markets. Economics 10, “Introduction to
Statistical Methods,” introduces the student to
the basic concepts and methods of statistics.
Math 3, “Introduction to Calculus,” introduces
the basic ideas of differential and integral
calculus. The emphasis in the prerequisites
is on fundamental ideas and problem solving.
Economics 10 and Math 3 are included in this
classification because of the importance of
quantitative skills in analyzing basic economic
phenomena.
Requirements: Nine courses in addition to
the prerequisites, with a GPA for these nine
courses of no less than 2.0. The nine courses
must include the following:
1. Economics 20, 21 and 22.
2. Any two of the following sequences (de-
pending on the sequences chosen, one or
two additional courses may be needed):
24-44 or 24-27-44 or 24-39-44; 25-45 or 25-
75 or 25-75-45 (35 can be substituted for 75);
26-36 or 26-36-46; 27-47 or 24-27 or 24-27-
47; 28-38 or 28-48 or 28-38-48
(72 or 75 can be substituted for 38); 29-39
29-39-49; 80-81 or 80-82 or 81-82 or 80-8
82. At least one of the sequences mu
include a 40-level or 80-level course which a major paper is required. This
quirement will serve as the culminating exp
rience in the major. With the permission
the Vice Chair, a student may substitute oth
courses to fulfill these requirements.
The first requirement insures that majo
are proficient in each of the three co
areas of economics – microeconomimacroeconomics and econometri
Economics 20, “Econometrics,” studies t
statistical analysis of economic data a
provides an overview of how to carry o
and interpret empirical research, prepar
students for the culminating experience
the major. Economics 21, “Microeconomic
covers many of the same topics as Econom
1 at a more advanced level through the use
calculus. Economics 22, “Macroeconomichelps to develop an advanced understand
of the aggregate economy.
The second requirement insures th
majors are proficient in at least two fie
of concentration and have completed
culminating experience in one field. The
fields, represented by the sequences abov
can generally be thought of as DevelopmeEconomics (the “4s”) Industrial Organizat
(the “5s”), Money and Finance (the “6s”), Lab
(the “7s”), Public (the “8s”), International (“t
9s”) and Advanced Theory (“the 80s”). T
culminating experience is a senior semin
in which students read and discuss t
important literature in the field and produ
a major paper of their own, which is typica
empirical.
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WAITING LISTS
While the department continues to work
with the administration to expand its course
offerings, in any given term some students
will find that they do not get into their desired
course. This is especially true for individualswho have not yet filed an Economics major
card and for those who did not complete the
course selection process on time. Thus, the
first piece of advice is to always sign up for
classes before the registrar’s deadline. Sec-
ond, as soon as you know you would like to be
an Economics major, file a signed major card
with the registrar’s office. Even with these
precautions, you may find yourself bumped
by the registrar from an Economics class that
you registered for. The first thing to realizeis that you may not need to take that exact
course in that exact term. Go ahead and
fulfill a distributive this term, and try for that
Econ class next term. If you are determined
to try and get in this term, though, there are
several steps you must take.
F irst, as soon as you discover you have
not gotten into your desired course, come
to the Economics Department office in 311
Rocky and fill out a Wait List Form. Do not
contact the professor of the course. The De-
partment Administrator is in charge of all wait
list issues and will contact you about your
status on the wait list.
Second, when the term starts, be sure to
attend the first class meeting of your desired
course. Your attendance will both ensure
that you are not behind if you get off the wait
list, and it will help gauge whether there will
be room in the classroom for wait-listed stu-
dents. That is, if registered students who are
planning to drop do not attend classes and
those hoping to add do, the classroom will be
at normal capacity and things will look good
for moving off the wait list. If the classroom
is overflowing, odds are not so good. Thu
it is important to continue to attend your
ternate course while the wait list situation
sorted out. Typically, by the end of the fi
full week of classes (i.e. after 3 class me
ings), you will either have been added to t
course or informed that no more students w
be added from the wait list. Finally, if y
got into the course of your choice, but wouprefer to be in a different section, you shou
follow the same steps. Essentially, you a
putting yourself on the wait list for the d
sired section.
RECEIVING HONORS IN ECONOMICS
To be eligible for honors, a student mu
take one additional major class(e.g. 10 vers
9 for the regular major), have a grade po
average of at least 3.3 in these courses, a
an overall grade point average of at least 3
The most common way to receive hono
is through outstanding performance in t
culminating experience. Those studenwhose research papers for the course a
deemed of exceptional merit by the instruc
shall be granted honors in economic
although no more than two students p
section may be granted honors in this w
without a vote of the department. Studen
who achieve honors by this method mu
still complete ten major courses (beyo
prerequisites) to receive honors.
S tudents may subsequently enroll
Economics 87 and extend their resear
from the culminating experience in order
be eligible for high honors. Failure to enrol
or to complete Economics 87 will not forf
the original honors designation unless t
course is necessary to obtain a count of t
major courses.
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Additionally, the instructor may designate
a paper from the culminating experience as
worthy of extending in Economics 87, even
if it does not receive the immediate honors
designation. Students enrolled in Economics
87 in this manner may receive either honors
or high honors.
Another method of obtaining honors is to
complete the Economics 80-81-82 sequence
with an average of B+, again with a total of at
least ten courses in the major. The instructors
of this sequence may recommend that
students who have done outstanding work in
these courses be granted, by a vote of the
department, high honors. This is the only way
by which high honors can be achieved withoutcompleting Economics 87.
The final, least common, method of
obtaining honors is to begin background work
in Economics 85 and complete the thesis in
Economics 87. Students must have already
taken all offered classes in the desired
field of study before beginning independent
study in Economics 85. Prior to enrolling inEconomics 85 or 87, the student must have
the written approval of the Vice Chair and a
faculty member in the Economics Department
who is willing to act as an adviser.
THE MINOR IN ECONOMICS
The minor in economics has the sameprerequisites and similar requirements as the
major, except there is no need for a secondary
sequence. Thus, only six courses are
required, including a culminating experience.
The minor is designed for a student with
another major, who has a serious interest in
economics, but does not wish to be a double
major.
MODIFYING YOUR MAJOR
The modified major in economics is identi
to the minor, except that it also requires fo
major-level courses in another departme
or program. It is intended to fit the nee
of students who have a definite interesteconomics but are interested also in study
some specific problem or topic that fa
partly in the field of economics and partly i
related field. The ten courses that make up t
modified major must form a unified, coher
whole, and not consist of a series of unrelat
courses. A student planning a modif
major must prepare a written statement
the registrar explaining the rationale for t
planned courses. Each student’s major ca
and justification must be approved by tVice Chair and the department’s Cirricul
Committee. If all of the four additional cours
are in one department (e.g. mathematics), a
this department allows it, a second signatu
on the major card will result in the major
Economics modified with Mathematics.
the four additional courses are in multi
departments, or one department that do
not allow modifications (e.g. Governmen
there is no need for a second signature athe major is just Economics modified.
I t is also possible to do another departme
major modified with Economics. Such
major is appropriate when the primary ar
of interest is not economics, but the spec
topic of interest will benefit from relat
economics courses. Such a major has t
same prerequisites as the regular Econommajor. The four additional courses
economics must either: contain both
and 22, or contain a major sequence of
least 2 courses and one of either 21 or 2
As above, the ten total classes must form
unified, coherent whole, and not consist o
series of unrelated courses.
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TRANSFER CREDIT IN ECONOMICS
Transfer credit in Economics is frequently
granted for courses taken at other select U.S.
four-year colleges and universities, as well as
certain foreign study programs in accordance
with the guidelines laid out in the ORC. Four steps are involved in obtaining approval for
transfer credits:
(1) Get the forms for transfer credit
approval from the registrar’s office.
(2) Fill out the forms with the courses you
intend to transfer and obtain documentation
on course content from the student course
guide at the institution you will visit – or
even better, obtain a sample syllabus.
(3) Bring the completed transfer credit
approval forms and the course content
documentation to the Vice Chair for
formal approval during office hours.
(4) Return the signed forms to the registrar.
All steps should be completed before the
transfer term.
Normally, no more than three courses
transferred for Dartmouth credit from other
institutions will be credited toward fulfillment
of a regular or modified major in economics.
However, students are strongly discouraged
from taking more than two courses toward
the Economics major at another institution.
Students are also discouraged from
transferring the equivalents of Economics 20,
21 and any prerequisites for the culminating
experience. Finally it is not possible to satisfy
the culminating experience requirement
through transfer credit for a 40-level or an
80-level course.
PREPARING FOR GRADUATE STUDY
The Economics major is flexible enou
to prepare students for both the job mar
and graduate school. However, stude
considering going on to graduate study
Economics will find the advanced theoclasses offered in the department (the 80-le
courses) to be especially useful. Additiona
as Economics is an increasingly quantitat
field, additional mathematical preparat
vital. The following courses in the Ma
department should be considered necessa
for a successful Economics graduate scho
experience:
Mathematics 8: Calculus of Functions of O
and Several Variables
Mathematics 13: Calculus of Vector-Valu
Functions
Mathematics 22: Linear Algebra with Applic
tions
Mathematics 35: Real Analysis
You may also find the following
courses helpful:
Mathematics 20: Discrete Probability
Mathematics 23: Differential Equations
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PRIZES
THE LEWIS H. HANEY PRIZE
A Prize establ ished in 1976 through a gift
Lewis H. Haney, 1903, is awarded to the s
dent who, in the judgment of the voting me
bers of the Economics department, has wten the best honors thesis. The award ne
not be made each year.
THE NELSON A. ROCKEFELLER PRIZE
IN ECONOMICS
The Nelson A. Rockefeller Prize in Econo
ics is awarded annually for the best ov
all performance in the economics major
a graduating senior as determined by tfaculty of the department.
THE ECONOMICS COMMENDATION
AWARD
This award is given to students who gradu
with a 4.0 GPA in the economics major.
FOREIGN STUDY PROGRAMS
The department does not offer an FSP,
but there are several opportunities to study
overseas. First, we participate in a small
exchange program with Bocconi University
in Milan, Italy. They teach a range of Economics classes in English, and each year
a few students are chosen to take part in
the exchange program. Second, each term
several Economics majors are chosen by
the Rockefeller Center to take part in their
exchange program with Keble College at
Oxford University in England. Both of these
exchange programs are administered by the
Dartmouth Office of Off-Campus Programs.
S ince these official exchange programs
are relatively small, you may also want to
investigate treating a term abroad as a simple
transfer term. As noted above, it is possible
to obtain transfer credit in Economics. In
fact, courses from both the Bocconi and
Oxford programs are treated as such. Thus,
you may want to explore a web site such as
www.studyabroad.com and set up your own
term of study abroad. Just be sure to follow
the basic rules for transferring credit from a
non-Dartmouth institution.
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Economics 01:
The Price System: Analysis, Problems, and
Policies
Emphasis will be placed on problems and policies
of current interest as they relate to resource
use and the distribution of income and output.Students will receive an introduction to the theory
of supply and demand in both product and factor
markets in order to examine selected topics drawn
from such areas as industrial organization and
antitrust policy, labor economics, international
trade, economic development, agriculture, urban
problems, poverty and discrimination, public sector
economics, and environmental problems.
Dist: SOC.
Economics 02:
Economic Principles and Policies
This is a general survey course for students who
have had no previous college-level economics
and who do not plan to take further economics
courses. It is divided between microeconomic
concepts — supply and demand, labor and capital
markets, tax incidence, comparative advantage,
international trade, and benet-cost analysis —
and macroeconomic issues, such as economicgrowth, unemployment, ination, national income
and product accounting, the banking system, and
monetary and scal policy. Applications to current
policy issues will be emphasized throughout.
Economics 2 may be taken under the Non-
Recording Option (NRO). It does not count towards
the major or minor. The course has “negative”
prerequisites: Students who have previously
taken Economics 1 or who have been exempted
from Economics 1 at matriculation may not enrollin Economics 2. Completion of Economics 2 does
not, however, preclude subsequent enrollment in
Economics 1.
Dist: SOC.
Economics 10:
Introduction to Statistical Methods
This course introduces the student to the ba
concepts and methods of statistics. It cov
descriptive statistics and inference (estimat
and hypothesis testing) for a single variable afor two variables. The probability theory requi
for these topics will be developed.
Prerequisite: Economics 1 and Mathematics
or permission of the instructor. Economics
is a prerequisite to the major in Economi
This course should be taken early in t
student’s major program. Because of t
overlap in material covered, a student w
not receive credit for more than one
these courses; Economics 10, Governme10, Mathematics 10, Psychology 10, Soc
Sciences 15, or Sociology 10 except
special petition.
Dist: QDS.
Economics 20:
Econometrics
Econometrics is the statistical analysis
economic data. This course focuses on regress
analysis (specication, estimation, and hypothe
testing) and problems and pitfalls in its applicat
in economics. The course involves extens
use of the statistical program STATA and
enable students to implement their own empiri
research projects in preparation for the culminat
experience in the economics major.
Prerequisites: Economics 10 and Mathemat
3.
Dist: QDS.
COURSE DESCRIPTIONS
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Economics 21:
Microeconomics
This course is a study of the pricing and allocation
process in the private economy. Topics include
the theories of demand and production, and
the determination of prices and quantitiesfor commodities and factors of production
in competitive and noncompetitive markets.
Applications of the theory and its implications for
empirical analysis are also considered.
Prerequisites: Economics 1 and Math 3.
Dist: SOC.
Economics 22:
Macroeconomics
This course is concerned with the behavior of
the economy as a whole, particularly uctuations
in economic activity. General equilibrium models
are developed to analyze the determinants of
GNP, unemployment, the rate of ination, and the
growth of output. The micro foundations of macro
aggregates are developed, with special emphasis
on the role of expectations. The analytic tools are
used to evaluate monetary and scal policies and to
understand current macroeconomic controversies.
Prerequisites: Economics 1 and Math 3.Dist: SOC.
Economics 24:
Development Economics
This course uses economic analysis to understa
contemporary issues in low-income countries. W
consider why extreme poverty and hunger, ch
mortality, low-levels of education, gender inequaenvironmental degradation, high fertility, and ch
labor are pervasive in the developing world. W
also examine the economic consequences
globalization and infectious diseases such
malaria and HIV/AIDS. For each topic, we seek
understand the factors and constraints inuenc
decision-making in developing countries. We u
this understanding to discuss the role of marke
civil organizations, government policy, a
international institutions.Prerequisites: Economics 1 and 10 or equivale
Dist: SOC. or INT; WCULT: NW.
Economics 25:
Competition and Stategy
This course examines the strategies t
businesses use in choosing prices, advertisi
research and development, and mergers
maximize their prots. The course studies h
business strategy is constrained by marcompetition and antitrust policy (governm
policy toward monopoly, collusion, and merge
The analysis is conducted using game theo
empirical methods, and ex-perimental methods
Prerequisite: Economics 1 and Math
or permission of the instructor.
Dist: SOC.
COURSE DESCRIPTIONS
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Economics 26:
The Economics of Financial Intermediaries
and Markets
This course examines the nature and function
of nancial intermediaries (e.g., banks, mutual
funds, and insurance companies) and of securitiesmarkets (e.g., the money and capital markets and
the market for derivatives). It analyzes liquidity
and risk management and studies the efciency,
stability, and regulation of the nancial system.
Prerequisite: Economics 1.
Dist: SOC.
Economics 27:
Labor Economics
This course studies the economic behavior of
employers and employees as they interact in the
labor market. The class will move beyond the
basics of labor supply and demand to cover such
topics as human capital investment, the structure
and determinants of nancial compensation and
benets packages, contract negotiations and
arbitration. Additionally, since many of the pressing
problems facing the United States are labor market
issues, this course will provide a basis for better
understanding of nationally-debated issues suchas reforms of the welfare system, the income tax
system, immigration policy, and afrmative action
programs.
Prerequisite: Economics 1.
Dist: SOC.
Economics 28:
Public Economics
This course consists of the study of the pu
economy of the United States at the nation
state, and local levels. The course is divided i
the microeconomic topics of resource allocatand income distribution. The macroeconom
impact of selected tax and expenditure polic
is also studied. Particular topics may inclu
the rationale for government activity, theories
collective decision-making, cost-benet analys
and the efciency and incidence of various
structures.
Prerequisite: Economics 1 and 21, or permiss
of the instructor.
Dist: SOC.
Economics 29:
International Finance and Open-Econo
my Macroeconomics
This course covers introductory material
the area of international monetary theory a
policy. It examines the behavior of internatio
nancial markets, the balance of payments a
exchange rates, interactions between the balan
of payments, the exchange rate and domeseconomic activity and ways of organizing
international monetary system.
Prerequisite: Economics 22, or permission
the instructor.
Dist: SOC. or INT.
COURSE DESCRIPTIONS
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Economics 35:
Games and Economic Behavior
Game theory is the study of strategic behavior in
situations in which the decision makers are aware
of the interdependence of their actions. This
course introduces the basic notions of game theorywith an emphasis on economic applications. The
topics covered are static and dynamic games with
complete information; static and dynamic games
with incomplete information; and the renements
of equilibrium concepts. The main applications
will be in industrial organization: examples include
competition and cooperation in the Cournot and
Bertrand oligopoly, durable goods monopolist,
entry deterrence, predation, price discrimination,
and commitment. Applications to other elds,
such as job market signaling, efciency wages,
bargaining, provision of public goods, and
monetary policy, will be discussed as well.
Prerequisites: Economics 10, 21 and
Mathematics 3, or permission of the instructor.
Dist: SOC.
Economics 36:
Theory of Finance
This course studies decision making under riskand uncertainty, capital budgeting and investment
decisions, portfolio theory and the valuation of
risky assets, efciency of capital markets, option
pricing, and problems of asymmetric information.
Prerequisites: Economics 10, 21, and 26, or
permission of the instructor.
Dist: SOC.
Economics 38:
Urban and Land Use Economics
This course is about the location of econom
activities. The central focus is on urban areas a
attendant problems in public economics, but so
attention is given to agricultural, natural resourand environmental issues. Topics include hous
markets, transportation, local governm
structure, property taxes, resource depletion, a
zoning and land use controls. Economics 72 m
be substituted for Economics 38 in the Econom
28-38 sequence.
Prerequisite: Economics 1.
Dist: SOC.
Economics 39:
International Trade
This course deals with the causes a
consequences of international trade and fac
movements. Topics covered include theories
why nations trade, the consequences of trade
economic welfare and the distribution of incom
the determinants of trade patterns, the tariff a
other forms of commercial policy, trade polic
of selected countries, and the formation of
multinational corporation.
Prerequisite: Economics 1.
Dist: SOC. or INT.
Economics 44:
Topics in Development Economics
This seminar considers microeconomic aspects
the causes and consequences of extreme pove
in the developing world. Recent research on top
such child labor, credit, education, environmen
degradation, fertility, gender discrimination, hea
HIV/AIDs, insurance, malnutrition, social capi
and technology adoption will be considered
depth. Topics vary from year to year. Stude
are required to write a major research paper.
Prerequisites: Econ 20, 21, and 24.
Dist: SOC or INT. WCult: NW.
COURSE DESCRIPTIONS
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Economics 45:
Topics in Industrial Organization
This course examines selected topics in business
strategy and public policies designed to facilitate
competition. These topics include market power,
price discrimination, entry, product differentiation,vertical integration, regulation, and anti-trust.
Students will discuss a broad range of papers on
empirical industrial organization, apply concepts
in a competitive strategy game, and write a major
paper.
Prerequisites: Economics 20, 21 and 25.
Dist: SOC.
Economics 46:
Topics in Money and Finance
A seminar course covering in depth such selected
topics as the following: the theory of nancial
institutions; banking panics; the excess variability
of asset prices; nance constraints and capital
market imperfections; the theory of monetary
policy; ination and nancial markets; debt and
decits. Will require writing a major paper.
Prerequisites: Economics 20, 22, and 36.
Dist: SOC.
Economics 47:
Topics in Labor Economics
This seminar provides an in-depth examination
of selected topics in labor economics, with an
emphasis on recent empirical studies. Topics will
vary from year to year. In past years topics have
included aspects of human capital investments;
differential effects on earnings of not only race
and gender, but also such things as height and
beauty; earnings determinants, including studies
of CEO compensation, the use of tournaments as
a pay scheme and compensating differentials; real
effects of union conict and workplace cooperation;
and historical changes in skill-levels and earnings
in the nance industry; and other topics related to
labor market policies and wage determination. Will
require writing a major paper.
Prerequisites: Economics 20 and 27.
Dist: SOC.
Economics 48:
Topics in Public Economics
This seminar provides an in-depth examinationselected topics in public economics. Topics v
from year to year, but many include the analyses
the economic effects of social insurance program
such as Social Security, Medicare, Medicaid, a
other public assistance; the economics of hea
and aging; the effects of taxation on househ
and corporate nancial behavior; the effects
taxation on labor supply, saving, and investm
decisions; the economics of public goods a
externalities; optimal taxation; and, theories
government structure and decision making at federal, state, and local levels. Will require writ
a major paper.
Prerequisites: Economics 20, 21 and 28.
Dist: SOC.
Economics 49:
Topics in International Economics
This seminar will cover selected topics
international trade and nance beyond thocovered in Economics 29 and 39. Offerings in
next few years are expected to include curr
research on (1) nancial crises in emerg
markets, (2) the role of trade, open capital marke
and nancial development on growth in develop
countries, (3) the determinants and consequenc
of foreign direct investment, (4) the impact of
multilateral trade agreements on world trade, a
(5) issues related to globalization. Will requ
writing a major paper.
Prerequisites: Economics 20, 21, 22, 29 and Dist: SOC. or INT.
COURSE DESCRIPTIONS
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Economics 70-79
Topics in Economics
From time to time special seminars or experimental
courses will be offered in the 70-79 series. Examples
of titles of courses that might be offered are:
Economic History of the United States; Economicsof Education; Mathematical Economics; History
of Economic Thought; Economic Development;
Comparative Economic Systems; The Economics
of Technological Change; Law and Economics;
Economic Regulation and Regulatory Reform.
Economics 72:
Law and Economics
Economic analysis of property and land-use law,including zoning and environmental law. Covers
such topics as the Coase theorem, property rules
versus liability rules, eminent domain, regulatory
takings, the efciency of compensation, and
the comparative advantage of the judiciary over
legislatures. A paper based on case materials is
required. Economics 72 may be substituted for
Economics 38 in the Economics 28-38 sequence.
Prerequisite: Economics 1.
Dist: SOC.
Economics 75:
Environmental and Energy Economics
This course examines environmental a
energy issues from an economics perspecti
The course begins by discussing fundamen
concepts in environment economics includcost benet analysis and economic valuation
the environment. We also explore issues of po
design from an efciency perspective. The cla
is introduced to issues of energy economi
including oil, natural gas, and electricity marke
renewables policy, transportation policies, a
climate change policies. Finally, the cou
examines environmental issues related to tra
development, public nance, and competit
strategy.
Prerequisites: Economics 1 and Math 3.
Dist: SOC.
Economics 76.
The Financial Crisis of the Noughties
Topics covered will include (but are not limi
to) : recent developments in nancial and equ
markets, labor markets and housing mark
during the nancial crisis; bubbles, black swa
nancial contagion and herds; bank failure, TAR
TALF, TSLF and equivalents. Monetary and s
policy responses including quantitative easing
be examined. Direct comparisons will be dra
with the Great Depression and other nanc
crises.
Prerequisite: Economics 20, 22 and 26.
Dist: INT or SOC.
COURSE DESCRIPTIONS
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Economics 80:
Advanced Topics in Econometrics
This course has two goals: (1) To further develop
techniques that test for and remedy common
problems associated with linear and non-linear
regression analysis; (2) to develop a practicalunderstanding of how regression analysis can
be used to examine the empirical relevance of
economic theory.
Prerequisites: Economics 20, 21 and 22 with a
grade of A- or better or permission of instructor.
Dist: SOC.
Economics 81:
Advanced Topics in MicroeconomicsThis is an advanced course on the economics of
information. The focus of the course is a rigorous
mathematical treatment of the value of information,
moral hazard, learning, adverse selection, and
signaling. Applications to labor markets, corporate
governance, nancial markets, and insurance will
be discussed.
Prerequisites: Economics 20, 21 and 22 with
a grade of A- or better or permission of the
instructor.
Dist: SOC.
Economics 82:
Advanced Topics in Macroeconomics
The purpose of this course is to study in depth
selected topics in Macroeconomics. Topics will
include consumption, savings and investment;
dynamic inconsistency and the design of monetary
and scal policies, multiple equilibria, bubbles and
cycles, and economic growth.Prerequisites: Economics 20, 21 and 22 with
a grade of A- or better or permission of the
instructor.
Dist: SOC.
COURSE DESCRIPTIONS
Economics 85:
Independent Study in Economics
This course offers an opportunity for a student to
independent work under the direction of a memb
of the Department. It is required of all majors in
honors program who do not initiate their honwork in their 40-level course; they will be expec
to do the preliminary work on their honors thes
in this course. For students who take this cou
in order to engage in independent study of a to
of interest rather than as a part of honors wo
the prerequisite background will consist of all
regularly offered courses in the chosen eld
study. Such a student will normally be expec
to prepare, prior to the taking of Economics 85
prospectus and a list of readings pertaining to t
study he or she wishes to pursue.
Prerequisite: Permission of the Vice Chair a
of the Department faculty member who will
advising the student.
Economics 87:
Senior Thesis
As explained above under ‘Economics Hon
Program, selected students will be invited to en
in Economics 87 after they have completed th40-level course. Alternatively, a student can initi
honors work in Economics 85 and then enrol
Economics 87 with the approval of the studen
adviser and the Vice Chair. Honors students
normally take Economics 87 in the term follow
their enrollment in Economics 85, or alternative
following their enrollment in a 40-level course
which a thesis has been started.
Prerequisite: Permission of the Vice Ch
permission of the Department faculty mem
who will be advising the student, and, in
case that the research was begun in a 40-le
course, the permission of the faculty mem
who taught the 40-level course in which
thesis topic and the research were develope
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F a c u l t y I n f o r m a t i o n
Patricia Anderson - Professor of Economics
RESEARCH INTERESTS: Economics of Obesity, Social Insurance, Labor Market
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“ Is Being in School Better? The Impact of School on Chi ldren’s BMI When Start ing Age is Endogenous” with Krist in Butcher, El izabeth Cascio and Diane Schanzenbach.Journal of Health Economics, forthcoming.
“Maternal Employment” in Handbook of Social Science of Obesity . (2011) John Cawleed. Oxford: Oxford Universi ty Press.
“Adequate (or Adipose?) Yearly Progress: Assessing the Effect of No Chi ld Lef t Behinon Children’s Obesity.” with Krist in Butcher and Diane Schanzenbach. (2011, March).NBER Working Paper #16873.
David G. Blanchflower - Bruce V. Rauner 1978 Professorship
RESEARCH INTERESTS: Wage Determination, Happiness, Self-employment and
Unions
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Youth unemployment in Europe and the United States” with David Bel l . ( forthcomingNordic Economic Pol icy Review .
“Young people and the recession” with David Bel l . ( forthcoming) Oxford Economic Pol icy Review .
“ Internat ional happiness: a new view on the measure of performance” with Andrew
Oswald. (2011, February). The Academy of Management Perspectives , 6-22.
Elizabeth Cascio - Assistant Professor of Economics
RESEARCH INTERESTS: Education, Chi ldren’s Well-Being, Appl ied
Econometr ics.
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Cracks in the Melt ing Pot: Immigrat ion, School Choice, and Segregat ion” with EthanLewis. ( forthcoming). American Economic Journal : Economic Pol icy.
“Paying for Progress: Condit ional Grants and the Desegregat ion of Southern Schoolswith Nora Gordon, Ethan Lewis, and Sarah Reber. (2010, February). The Quarter ly Journal of Economics , 125(1), 445-482.
“Maternal Labor Supply and the Introduct ion of Kindergartens into American Publ icSchools” (2009, Winter) The Journal of Human Resources , 44(1), 140-170.
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F a c u l t y I n f o r m a t i o n
Taryn Dinkelman - Assistant Professor of Economics
RESEARCH INTERESTS: Development Economics, Labor Econom ics, Appl ied
Micro-Econometr ics
SELECTED PUBLICATIONS OR RESEARCH PAPERS“The ef fects of rural e lectr i f icat ion on employment: New evidence f rom South Afr ica”(forthcoming). American Economic Review .
“ Invest ing in school ing in Chi le” with Claudia Mart ínez-A. ( forthcoming) CEPRDiscussion Paper No. 8375.
“Evidence on the impact of minimum wage laws in an informal sector: Domest ic work-ers in South Africa” with V. Ranchhod. (2011). Research Program in DevelopmentStudies Working Paper No. 271.
Eric V. Edmonds - Associate Professor of Economics
RESEARCH INTERESTS: Child Labor, Education, Development, Demography
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Trade Adjustmen t and Human Capital Investments: Evidence from Indian Tarif f Reform” with N. Pavcnik and P. Topalova. (2010, October ) Amer ican Economic Journal: Appl ied Economics.
Child Labor and the Transit ion between School and Work. (editor with R. Akee and K.Tatsiramos). (2010). Emerald Group Publ ishing.
“Child Labor” (2008). Handbook of Development Economics Volume 4: T.P. Shultz and
J. Strauss, eds.
James D. Feyrer - Associate Professor of Economics
RESEARCH INTERESTS: Economic Growth, Macroeconomics
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Colonia l ism and Modern Income -- Is lands as Natural Experiments,” with Bruce
Sacerdote. (2009, May). Review of Economics and Stat ist ics , 91(2), 245-262.
“The Marginal Product of Capita l , ” with Francesco Casel l i . (2007, May). Quarter ly Journal of Economics , CXXII(2): 535-568.
“Demographics and Product iv i ty,” (2007, February). Review of Economics and Stat ist ics, 89(1): 100-109.
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F a c u l t y I n f o r m a t i o n
Will iam A. Fischel - Professor of Economics and Robert C. 1925 and Hilda
Hardy Professor of Legal Studies
RESEARCH INTERESTS: Local G overnment, Land Use Controls, Property Tax
SELECTED PUBLICATIONS OR RESEARCH PAPERSMaking the Grade: The Economic Evolution of American School Districts (2009).Chicago: Universi ty of Chicago Press.
The Homevoter Hypothesis: How Home Values Inf luence Local Government Taxation,School Finance, and Land-Use Policies. (2001). Cambridge: Harvard Universi tyPress, Harvard Universi ty Press.
Regulatory Takings: Law, Economics, and Polit ics. (1995) Cambridge: HarvardUniversi ty Press.
Alan L. Gustman - Loren M. Berry Professor of Economics and DepartmentChair
RESEARCH INTERESTS: Retirement, Pensions & Social Securi ty, Labor Market
Pol ic ies.
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Pensions in the Health and Retirement Study ” , with Thomas Steinmeier and NahidTabatabai. (2010). Cambridge: Harvard Universi ty Press.
“Financia l Knowledge And Financia l L i teracy At The Household Level” with ThomasSteinmeier and Nahid Tabatabai. NBER Working Paper 16500. September, 2010.
Forthcoming, American Economic Review Papers and Proceedings , May 2012.
“What the Stock Market Decl ine Means for the Financia l Securi ty and Ret irementChoices of the Near-Ret irement Populat ion” with Thomas Steinmeier and NahidTabatabai. (2010, Winter). Journal of Economic Perspectives, 24(1), 161-182.
Douglas A. I rwin - Robert E. Maxwell ‘23 Professor of Arts and Sciences and
Professor of Economics
RESEARCH INTERESTS: Trade and Commercial Pol icy
SELECTED PUBLICATIONS OR RESEARCH PAPERS
Trade Policy Disaster: Lessons from the 1930s. Cambridge: MIT Press, 2012.
Peddling Protectionism: Smoot-Hawley and the Great Depression . Pr inceton:Princeton Universi ty Press, 2011.
“The Sl ide to Protect ionism in the Great Depression: Who Succumbed and Why?” (wBarry Eichengreen), Journal of Economic History 70 (December 2010): 872-898.
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F a c u l t y I n f o r m a t i o n
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Robert C. Johnson - Assistant Professor of Economics
RESEARCH INTERESTS: International Trade, International Macroeconomics,
Economic Growth
SELECTED PUBLICATIONS OR RESEARCH PAPERS“Vert ical Linkages and the Collapse of Global Trade” with Rudolfs Bems and Kei-Mu Y(2011, May) American Economic Review Papers and Proceedings, 101 (2)
“Demand Spi l lovers and the Col lapse of Trade in the Global Recession” with RudolfsBems and Kei-Mu Yi. (2010, December). IMF Economic Review , 58 (2).
“Accounting for Intermediates: Production Sharing and Trade in Value Added” withGui l lermo Noguera. (Revised: May 2011)
Meir Kohn - Professor of Economics
RESEARCH INTERESTS: Financial Systems, Financi al and Economic History,
Economics of Inst i tut ions
SELECTED PUBLICATIONS OR RESEARCH PAPERS
How and Why Economies Develop and Grow: Lessons from Preindustrial Europe and China (book manuscript , draf t chapters downloadable f rom http: / /www.dartmouth.edu/~mkohn/)
“Value and Exchange” (2004 Fall) Cato Journal , 24(3) , 303-339.
“Monetary Analysis, the Equi l ibr ium Method, and Keynes’s ‘General Theory’” (1986)Journal of Pol i t ical Economy , 94 , 1191-1224.
Ethan Lewis - Assistant Professor of Economics
RESEARCH INTERESTS: Technological Change, Imm igrat ion, and Educati on
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Cracks in the Melt ing Pot: Immigrat ion, School Choice, and Segregat ion” with
Elizabet h Cascio. Forthcoming, American Economic Journal: Economic Policy.
“ Immigrat ion, Ski l l Mix, and Capita l-Ski l l Complementari ty.” (2011, May) Quarter ly Journal of Economics 126 (2), 1029-1069.
“Should the PC be Considered a Technological Revolut ion? Evidence f rom USMetropol i tan Areas” with Paul Beaudry and Mark Doms. (2010, October) Journal of Pol i t ical Economy 118(5), 988-1 036.
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F a c u l t y I n f o r m a t i o n
Dartmouth College Economics Department
Erzo F.P. L uttmer - Associate Professor of Economics
RESEARCH INTERESTS: Publ ic Economics, Behavioral Economics, Pol i t ical
Economy
SELECTED PUBLICATIONS OR RESEARCH PAPERS“Would People Behave Dif ferent ly I f They Better Understood Socia l Securi ty? EvidenFrom a Fie ld Experiment” with Jef f rey Liebman. (2 011, August) NBER Working Paper no. 17287.
“Culture, Context, and the Taste for Redistribution” with Monica Singhal. (2011,February) American Economic Journal: Economic Pol icy 3(1), 157-179.
“Neighbors as Negat ives: Relat ive Earnings and Wel l-Being” (2005). Quarter ly Journa
of Economics, 120(3), 963-1002.
Erin Mansur - Associate Professor of Economics
RESEARCH INTERESTS: Industr ial Organization, Environmental Economics,
Energy Economics, and Regulat ion
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“What Do Emissions Markets Del iver and to Whom? Evidence f rom SouthernCalifornia’s NOx Trading Program” with Meredith Fowlie and Stephen P. Holland.(forthcoming). American Economic Review .
“Measuring Welfare in Restructured Electr ic i ty Markets” (2008, May). Review or Economics and Stat ist ics, 90(2), 369-386.
“Vert ical Arrangements, Market Structures, and Compet i t ion: An Analysis of Restructured U.S. Electr ic i ty Markets” with J im Bushnel l and Celeste Saravaria. (200March). American Economics Review, 98(1), 237 -266.
Nancy P. Mari on - The George J. Records 1956 Professor of Economics
RESEARCH INTERESTS: Financial Crises, Exchange-Rat e Pol icy, Open-Econom
Macroeconomics
SELECTED PUBLICATIONS OR RESEARCH PAPERS“Using Inf lat ion to Erode the U.S. Publ ic Debt” with J. Aizenman. Journal of Macroeconomics ( forthcoming 2012).
“ Internat ional Risk Sharing During the Global izat ion Era” with R. Flood and A.Matsumoto. Canadian Journal of Economics ( forthcoming 2012).
“Gett ing Shut Out of the International Capital Markets: I t Doesn’t Take Much” with R.Flood. (2009). Review of International Economics 17(5), 879-889.
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F a c u l t y I n f o r m a t i o n
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Andreas Moxnes - Assistant Professor of Economics
RESEARCH INTERESTS: International Trade, Econometr ics, Computational
Economics
SELECTED PUBLICATIONS OR RESEARCH PAPERS“Manufactur ing Restructur ing and the Role of Real Exchange Rate Shocks: A Firm-Level Analysis” with Karol ina Ekholm and Karen Helene Ul l tvei t -Moe. ( forthcoming)Journal of Internat ional Economics .
“Are Sunk Costs in Export ing Country-Specif ic?” (2010). Canadian Journal of Economics.
“The Margins of Mult inat ional Product ion and the Role of Intraf i rm Trade” with AlfonsoIrarrazabal and Luca David Opromol la. (2010). CEPR Discussion Paper 7145.
Elias Papaioannou - Assistant Professor of Economics
RESEARCH INTERESTS: Development and Growth, International Economics,
Pol i t ical Economics
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Divide and Rule or the Rule of the Divided? Evidence f rom Afr ica”with S.Michalopoulos. (2011, June). NBER WP 17184.
“Financia l Regulat ion, Financia l Global izat ion, and the Synchronizat ion of Economic Act iv i ty” with S. Kalemli-Ozcan and J.-L. Peydro. (2010, February) . NBER WP 14887.
“Est imat ing Cross-Industry Cross-Country Models Using Benchmark IndustryCharacter ist ics” with A. Ciccone. (2010, October). CEPR Discussion Paper 8056.
Nina Pavcnik - Professor of Economics and The Niehaus Family Professorship
in International Studies
RESEARCH INTERESTS: International Trade and Trade Pol icy, Empir ical
Industr ial Organization
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“ Imported Intermediate Inputs and Domest ic Product Growth: Evidence f rom India” wiP. Goldber g, A. Khandelwal, and P. Topalova. (2010) . Quarter ly Journal of Economics 125(4), 1727-1767.
“Mult i -product Firms and Product Turnover in the Developing World: Evidence f romIndia” wi th P. Goldber g, A. Khandelwal, and P. Topalova. ( 2010) . Review of Economicand Stat ist ics , 92 (4), 1042-1049.
“Trade Adjustment and Human Capital Investment: Evidence from Indian Tarif f Reforms” with E. Edmonds and P. Topalova. (2010). American Economic Journal:
Appl ied Economics , 2(4), 42-75.
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F a c u l t y I n f o r m a t i o n
Dartmouth College Economics Department
Bruce Sacerdote - Richard S. Braddock 1963 Professorship in Economics and
2010-2012 Department Vice Chair
RESEARCH INTERESTS: Child and Youth Outcomes, Education, Law and
Economics, Causal Inference
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Katr ina’s Chi ldren: Evidence on the Structure of Peer Ef fects” with Scott Imbermanand Adriana Kugler. (forthcoming) American Economic Review.
“Did the St imulus St imulate? Real Time Est imates of the Effects of the AmericanRecovery and Reinvestment Act” with James Feyrer.
“When The Saints Go Marching Out: Long Term Outcomes For Student Evacuees FromHurr icanes Katr ina And Rita.” ( forthcoming) American Economic Journal.
Andrew A. Samwick - Sandra L. and Arthur L. Irving ‘72a, P’10 Professorship
Economics and the Director of The Nelson A. Rockefel le
Center
RESEARCH INTERESTS: Financial Markets, M anagerial Behavior, Pensions and
Social Secur i ty, Saving, Taxation
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Moral Hazard in the Pol icy Response to the 2008 Financia l Market Meltdown.” (2009Winter) Cato Journal , 29, 131-139.
“Changing Progressiv i ty as a Means of Risk Protect ion in Investment-Based Socia lSecuri ty Reform” (2009). Jef f rey R. Brown, Jef f rey Liebman, and David A. Wise (eds.Social Securi ty Pol icy in a Changing Environment . Chicago: Universi ty of ChicagoPress, 299-327.
“Disabi l i ty Risk and the Value of Disabi l i ty Insurance” with Amitabh Chandra. (2008).David M. Cut ler and David A. Wise (eds.) Health at Older Ages: The Causes and Consequences of Decl in ing Disabi l i ty Among the Elderly . Chicago: Universi ty of Chicago Press, 295-336.
Simone Schaner - Assistant Professor of Economics
RESEARCH INTERESTS: Development Economics and Appl ied Microeconomics
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“ Intrahousehold Preference Heterogeneity, Commitment, and Strategic Savings: Theoand Evidence from Kenya”. (2011).
“The Cost of Convenience? Transaction Costs, Bargaining Power, and Savings AccouUse in Kenya”. (2011).
“Price Subsidies, Diagnostic Tests, and Targeting of Malaria Treatment: Evidence froma Randomized Control led Tria l” with Jessica Cohen and Pascal ine Dupas. (2011).
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F a c u l t y I n f o r m a t i o n
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Joshua Schwartzstein - Assistant Professor of Economics
RESEARCH INTERESTS: Behavioral Economics, Microeconomic Theory
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“ Insuring the Health of Behavioral Consumers” with Katherine Baicker and Sendhi lMullainathan. (2011).
“Select ive Attent ion and Learning” (2010).
“Coarse Thinking and Persuasion” with Sendhi l Mul la inathan and Andrei Shle i fer.(2008, May). Quarter ly Journal of Economics, 123(2): 577-619.
John T. Scott - Professor of Economics
RESEARCH INTERESTS: Industr ial Organizat ion and Publ ic Pol icy, R&D andTechnological Change
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Employment Growth f rom Publ ic Support of Innovat ion in Small Firms” with Albert N.Link. forthcoming. W. E. Upjohn Inst i tute for Employment Research.
“Government as Entrepreneur: Evaluat ing the Commercia l izat ion Success of SBIRProjects” with Albert N. L ink. (2010, June). Research Policy , 39 (5), 589-601.
“Compet i t ion in Research and Development: A Theory for Contradictory Predict ions.”(2009, March). Review of Industrial Organization , 34(2), 153-171.
Jonathan Skinner - Joan Sloan Dickey Third Century Professor in the Social
Sciences; Professor of Economics, Community and Family
Medicine
RESEARCH INTERESTS: Publ ic Economics, Saving Behavi or, Health Economics
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Technology Growth and Expenditure Growth in Health Care” with Amitabh Chandra.(forthcoming). Journal of Economic Li terature .
“A Pragmatist ’s Guide to Comparat ive Effect iveness Research” with Chandra, A. and AB Jena.(2011 , Spring). Journal of Economic Perspectives , 25(2):27-46.
“Regional Variat ions in Diagnostic Practices” with Song, Y., J. Bynum, J. Sutherland, Wennberg, E. Fisher. (2010, July). New England Journal of Medicine , 363:45-53.
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F a c u l t y I n f o r m a t i o n
Dartmouth College Economics Department
Christopher Snyder - Joel Z. and Susan Hyatt Professor of Economics
RESEARCH INTERESTS: Industr ial Organizat ion, Microeconomic Theory, Law an
Economics
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Economic Perspect ives on the Advance Market Commitment for PneumococcalVaccines” with Wil ls Begor and Ernst R. Berndt. (2011, August). Health Affa irs , 30(8),1508-1517.
“Microeconomic Theory: Basic Princip les and Extensions” with Walter Nicholson. (20111th edit ion, South-Western.
“Should Firms Be Al lowed to Indemnify Their Employees for Sanct ions?” with Wal laceMul l in. (Apri l 2010). Journal of Law, Economics, & Organization , 26(1), 30-53.
Douglas Staiger - John French Professor of EconomicsRESEARCH INTERESTS: Health Economics, Economics of Education, Appl ied
Econometr ics
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Identifying Effective Teachers Using Performance on the Job” with Robert Gordonand Thomas Kane. (2006) The Hamil ton Project White Paper 2006-01 , The Hamil tonProject, Washington, D.C..
“Product iv i ty Spi l lovers in Healthcare: Evidence From the Treatment of Heart At tackswith Amitabh Chandra. (2007, February) Journal of Pol i t ical Economy , 115(1),103-140
“Indirect vs. Direct Hospita l Qual i ty Indicators for Very Low-Birth-Weight Infants”with Jeannette Rogowski, Jeffrey Horbar, Michael Kenny, Joseph Carpenter, JeffreyGeppert . (2004, January, 14) JAMA , 291(2), 202-209.
Sandip Sukhtankar - Assistant Professor of Economics
RESEARCH INTERESTS: Development Economics, Pol i t ical Economy, Appl ied
Microeconomics
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Sweetening the Deal? Pol i t ical Connect ions and Sugar Mi l ls in India” ( forthcoming) Amer ican Economic Journal: Appl ied Economics .
“Corrupt ion Dynamics: The Golden Goose Effect” with Paul Niehaus. (2009) BREADWorking Paper 223.
“Marginal Leakage in Publ ic Programs” with Paul Niehaus. (Working Paper)
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F a c u l t y I n f o r m a t i o n
23 www.dartmouth.edu/~economic
Steven F. Venti - DeWalt H. 1921 & Marie H. Ankeny Professorship in Economic
RESEARCH INTERESTS: Tax Pol icy, Savings Behavior, Housing, Wealth
Accumulat ion
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Were They Prepared for Ret irement? Financia l Status at Advanced Ages” with J.Poterba and D. Wise. (2011, May). Presented at NBER Conference on Aging, Carefre
AZ.
“The Drawdown of Personal Ret irement Assets” with J. Poterba and D. Wise. (2011,January). NBER Working Paper No. 16675.
“The Asset Cost of Poor Health” with J. Poterba and D. Wise. (2010, September).NBER Working Paper No. 16389.
Jonathan Zinman - Associate Professor of EconomicsRESEARCH INTERESTS: Household Finance, Psychology & Economics, Field
Experiment and Survey Methodology, Development,
Publ ic Finance
SELECTED PUBLICATIONS OR RESEARCH PAPERS
“Microcredit in Theory and Pract ice: Using Randomized Credit Scoring for ImpactEvaluat ion” with Dean Karlan. Science, 332(6035), 1278-1284.
“Fuzzy Math, Disclosure Regulat ion, and Credit Market Outcomes: Evidence f romTruth-in-Lending Reform” with Victot Stango. (2011, February). Review of Financial Studies, 24(2): 506-534.
“Observing Unobservables: Ident i fy ing Informat ion Asymmetr ies with a Consumer Credit Fie ld Experiment” with Dean Karlan. (2009, November). Econometrica , 77(6),pp. 1993-2008.
Eric Zitzewitz - Associate Professor of Economics
RESEARCH INTERESTS: Agency Problems In Financial Services, Predict ion
Markets
SELECTED PUBLICATIONS OR RESEARCH PAPERS“Forensic Economics” ( forthcoming). Journal of Economic Literature.
“Part isan Impacts on the Economy: Evidence f rom Predict ion Markets and CloseElect ions” with Erik Snowberg and Just in Wolfers. (2001, May). Quarter ly Journal of Economics, 807-829.
“Do Ads Inf luence Editors? Advert is ing and Bias in the Financia l Media” with JonReuter. (2006, February). Quarter ly Journal of Economics.
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F a c u l t y I n f o r m a t i o n
Dartmouth College Economics Department
SENIOR LECTURERS
Fall 2011 - Spring 2012
Professor El isabeth Curt is Senior Lecturer
Professor Maura Doyle Senior Lecturer
Professor Mar jor ie Rose Senior Lecturer
VISITING PROFESSORS
Fall 2011 - Spring 2012
Professor Avner Bar-I lan Visit ing Professor
Professor Jesse Giummo Visi t ing Assistant Professor
Professor Lawrence Kreicher Visit ing Professor
Professor Sebastian Vol lmer Visi t ing Assistant Professor
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ECONOMICS MAJOR WORKSHEET
Prerequisites:
Economics 1 Term _______________
Economics 10 Term _______________
Mathematics 3 Term _______________
Requirement I :
Economics 20 Term _______________
Economics 21 Term _______________
Economics 22 Term _______________
Requirement I I : Take any two of the fol lowing sequences. The two must appear in
dif ferent l ines of the table. Note that at least one of the sequences must include a
culminating experience (see below). Circle your two chosen sequences.
Field Possibi l i ty 1 Possibi l i ty 2 Possibi l i ty 3 Possibi
Development Economics 24-44 24-27-44 24-39-44
Industr ial Organization 25-75 25-45 25-75-45
Money, Banking and Finance 26-36 26-36-46
Labor Economics 27-47 27-24-47 27-24
Public Economics* 28-38 28-48 28-38-48
International Economics 29-39 29-39-49
Advanced Theory 80-81 81-82 80-82 80-81* 72 or 75 may be substi tuted for 38
* I f you previously took 35, i t may be substi tuted for 75 in the IO sequence only.
Requirement I I I : Circle your chosen culminating experience course from the l ist be
44 45 46 47 48 49 80 82
Requirement IV : You must take total of six courses numbered above 22. This impl
either one or two addit ional cour ses beyond those circled above may be nec essary,
depending on how many two-course sequences you have chosen. Fi l l in your addit icourses below:
Addit ional Course 1: ___________________________
Addit ional Course 2: ___________________________ ( i f necessary)
Requirement V : Please check the ORC for complete Honors guidel ines, but note th
you must have 10 major courses instead of the usual 9 to be el igible for Honors.
25 www.dartmouth.edu/~economic
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ECONOMICS MINOR WORKSHEET
Prerequisites:
Economics 1 Term _______________
Economics 10 Term _______________
Mathematics 3 Term _______________
Requirement I :
Economics 20 Term _______________
Economics 21 Term _______________
Economics 22 Term _______________
Requirement I I : Take any of the fol lowing sequences. Note that each sequence incl
a culminating experience (see below). Circle your chosen sequence.
Field Possibi l i ty 1 Possibi l i ty 2 Possibi l i ty 3 Possibi l
Development Economics 24-44 24-27-44 24-39-44
Industr ial Organizat ion 25-45 25-75-45
Money, Banking and Finance 26-36-46
Labor Economics 27-47 27-24-47
Publ ic Economics* 28-48 28-38-48
Internat ional Economics 29-39-49
Advanced Theory 80-81 81-82 80-82 80-81-
* 72 or 75 may be substi tut ed for 38* I f you previously took 35, i t may be substi tuted f or 75 in the IO sequence only.
Requirement I I I : Circle your chosen culminating experience course from the l ist be
44 45 46 47 48 49 80 82
Requirement IV : You must take a total of three courses numbered above 22 . This
may imply an addit ional course beyond those circled above i f you chose a two-cours
sequence. I f necessary, f i l l in your addit ional course below:
Addi t ional Course 1: ___________________________( if necessary)
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ECONOMICS MODIFIED MAJOR WORKSHEET
Prerequisites:
Economics 1 Term _______________
Economics 10 Term _______________
Mathematics 3 Term _______________
Requirement I :
Economics 20 Term _______________
Economics 21 Term _______________
Economics 22 Term _______________
Requirement I I : Take any of the fol lowing sequences. Note that each sequence inc
a culminating experience (see below). Circle your chosen sequence.
Field Possibi l i ty 1 Possibi l i ty 2 Possibi l i ty 3 Possibi
Development Economics 24-44 24-27-44 24-39-44
Industr ial Organizat ion 25-45 25-75-45
Money, Banking and Finance 26-36-46
Labor Economics 27-47 27-24-47
Public Economics* 28-48 28-38-48
Internat ional Economics 29-39-49
Advanced Theory 80-81 81-82 80-82 80-81
* 72 or 75 may be substi tut ed for 38* I f you previously took 35, i t may be substi tuted f or 75 in the IO sequence only.
Requirement I I I : Circle your chosen culminating experience course from the l ist be
44 45 46 47 48 49 80 82
Requirement IV : You must take a total of three courses numbered above 22 . Th
may imply an addit ional course beyond those circled above i f you chose a two-cours
sequence. I f necessary, f i l l in your addit ional course below:
Addi t ional Course 1: ___________________________ ( i f necessary)
Requirement V : Four major courses from another Department/Program:
1._____________, 2._____________, 3._____________, 4.___________
Requirement VI : Please check the ORC for complete Honors guidel ines, but note t
you must have 11 major courses instead of the usual 10 to be el i gible for Honors.
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Economics Department
Dartmouth College
301 Rockefeller Hall
Hanover, NH 03755
603-646-2538
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