Datasets

1.	Global Data
2.	Bills, Bonds, Stocks, Inflation.
3.	Variety in Consumer Choice
4.	Bond Market Profile
5.	U.S. Futures and Options Markets
6.	Stock Market Bubbles
7.	One Hundred Largest Companies, 2004
8.	One Hundred Largest Companies, 2003
9.	One Hundred Largest Companies, 2001
10.	One Hundred Largest Companies, 1998
11.	One Hundred Largest Companies, 1995
12.	U.S. Small Business Profile
13.	Risk and Growth
14.	East Europe Per Capita GDP 1997
15.	Economic Freedom and Corruption
16.	2001 Corruption Perceptions Index
17.	Prisoner’s Dilemma
18.	Union Membership in the U.S.
19.	International Health Care
20.	Education and Income
21.	Energy Efficiency
22.	U.S. Agriculture
23.	Corruption and Economic Development
24.	Corruption Perceptions Index 2001
25.	Africa Data
26.	Human Development Index 2004
27.	Generosity Index 2004
28.	The Ranking of Risk

Application Modules

1.	Economic Functions of the Public Sector,
2.	Circular Flow Diagram
3.	The Measurement of Risk
4.	Simple Regression
5.	Regression Supply and Demand
6.	Introductory Price Elasticity
7.	Price Elasticity Profiles
8.	Engel Curves
9.	The Cobb Douglas Production Function
10.	Cost Analysis
11.	The CES Production Function
12.	Static Market Equilibrium
13.	Strategic Convergence
14.	The Cobweb Model
15.	Excise Taxation
16.	Random Demand Profit Maxima
17.	Price Discrimination
18.	Market Structures
19.	Concentration Ratios
20.	The Kinked Demand Curve Model
21.	Market Structure and Conduct
22.	Oligopoly Models
23.	Optimal Resource Pricing
24.	Joint Optimum Input Use
25.	Labor Market Determination
26.	Fundamentals of Finance
27.	Optimal Investment Storage
28.	Exhaustible Resource Model
29.	Optimal Investment Decisions
30.	The Cobweb Model
31.	The Leontief Static IO Model
32.	Externalities
33.	The Basic Option Price Model
34.	Income Differentials
35.	The Gini Inequality Model
36.	Voting Systems
37.	Value At Risk Models
38.	Risk and Pension Reform
39.	Efficient Portfolio Decisions

Classroom Case Studies

1.	Basic Supply and Demand
2.	Cobb-Douglas Utility Function
3.	Own Price Elasticity of Demand
4.	The Total Revenue Test
5.	Engel Curves and the Income Elasticity of Demand
6.	Variable Inputs in Production
7.	Production and Cost Functions
8.	Basic Economic Efficiency
9.	Basic Market Dynamics
10.	Economics of Excise Taxes
11.	Trade and Tariff Economics;
12.	Optimal Excise Taxation
13.	Pure Monopoly
14.	Competition and Monopoly
15.	Price Discrimination
16.	The Multi-Product Monopoly Model
17.	The Cournot Duopoly Model
18.	Monopolistic Competition
19.	Profit Maximization Under Risk
20.	Strategic Behavior of Firms
21.	Commodity Stabilization Models
22.	Optimal Pricing of Exhaustible Resources
23.	The Harrod-Domar Growth Model
24.	Project Financial Analysis
25.	The Am Djena Livestock Project
26.	Income Distribution

 Course Reserve Readings

Acemoglu,  Daron and Thierry Verdier (2000), "The Choice between Market Failures and Corruption,"American Economic Review, 90:1 (March), 194-211.

Acemoglu, Daron and James A.Robinson (2001), "A Theory of Political Transitions",  American Economic Review 91:4 (September), 938-963.

Adler, Gustavo and Nicolas E. Magud (2013).  “Four Decades of Terms-of-Trade Booms: Saving-Investment Patterns and a New Metric of Income Windfall,” IMF Working Paper WP/13/103.

Aghion, Philippe, Eve Caroli, Cecilia Garcia-Penalosa (1999), "Inequality and Economic Growth:  The Perspective of the New Growth Theories," Journal of Economic Literature, 37:4 (December), 1615-1660.

Alesina,  Alberto, Reza Baqir, and William Easterly (1999), "Public Goods and Ethnic Divisions," Quarterly Journal of Economics, 114:4 (November), 1243-1284.

Alesina, Alberto and Roberto Perotti (1998), "Economic Risk and Political Risk in Fiscal Unions", Economic Journal, 108 (July), 989-1008.

Andreoni, James, Brian Erard, and Jonathan Feinstein (1998), "Tax Compliance", Journal of Economic Literature, 36:2 (June), 818-860.

Arrow, Kenneth J. (1997), "Invaluable Goods", Journal of Economic Literature, 35:2 (June), 757-765.

Arrow, Kenneth J., “The Organization of Economic Activity:  Issues Pertinent to the Choice of Market versus Non-Market Activity,” in Mansfield Readings, (437-455).

Arrow, Kenneth J.(1997), “Invaluable Goods,” Journal of Economic Literature XXXV (June): 757-765.

Bator, Francis M., “Anatomy of Market Failure,” Journal of Political Economy, (1958).

Bernouilli, Daniel (1954, 1738), “Exposition of a New Theory on the Measurement of Risk,” Econometrica 22:2 (January), 23-36.

Blank, Rebecca M. (2002), "Evaluating Welfare Reform in the United States," Journal of Economic Literature, 40:4 (December), 1105-1166.

Bohn, Henning (1998), "The Behavior of U.S. Public Debt and Deficits", Quarterly Journal of Economics, 113:3 (August), 949-963.

Bowles, Samuel and Herbert Gintis (2002), "The Inheritance of Inequality", Journal of Economic Perspectives, 16:3 (Summer), 3-30.

Coase, Ronald H (1937)., “The Nature of the Firm,” Economica, New Series 4:16 (November), 386-405.

Coase, Ronald H.(1960),  “The Problem of Social Cost”, Journal of Law and Economics  (October).

Congressional Budget Office (2013). An Analysis of the President’s 2014.  (Washington, D.C.:  Congressional Budget Office).

Datta-Chaudhuri, Mrinal (1990), "Market Failure and Government Failure",  Journal of Economic Perspectives, 4:3 (Summer), 25-39.

Dixit, Avinash, and Robert Pindyck (1994), Investment Under Uncertainty (Princeton, NJ:  Princeton University Press).

Downs, Anthony (1957), “An Economic Theory of Political Action in a Democracy,” Journal of Political Economy I, 65:2 (April);, 135-150.

Feldstein, Martin and Elena Ranguelova (2001), "Individual Risk in an Investment-Based Social Security System", American Economic Review, 91:4 (September), 1116-1125.

Friedman, Milton and Leonard J.Savage (1948), “The Utility Analysis of Choices Involving Risk,” Journal of Political Economy I 56:4 (August), 279-304).

Frydman, Roman (2009), “Financial Markets and the State: Long Swings, Risk, and the Scope of Regulation,” Capitalism and Society 4:2, 1-45.

Hoff, Karla and Joseph E. Stiglitz (2009), “Modern Economic Theory and Development,” Capitalism and Society, 2:2, 389-459.

Jorgenson, Dale W. (1998), "Did We Lose the War on Poverty?", Journal of Economic Perspectives, 12:1 (Winter), 79-96.

Keen, Michael (2013). “The Anatomy of the VAT”, IMF Working Paper13111.  (Washington, D.C.: The International Monetary Fund).

Kniesner, Thomas J. and James P. Ziliak (2002), "Tax Reform and Automatic Stabilization",  American Economic Review, 92:3 (June), 590-612.

Krueger, Alan B. and Mikael Lindahl (2001), "Education for Growth:  Why and For Whom?", Journal of Economic Literature, 39:4 (December), 1101-1136.

Lindbeck, Assar (1997), "The Swedish Experiment", Journal of Economic Literature, 35:3 (September), 1273-1319.

McGuire, Martin C. and Mancur Olson, Jr. (1996), "The Economics of Autocracy and Majority Rule:  The Invisible Hand and the Use of Force," Journal of Economic Literature, 34:1 (March), 72-96.

Mieszkowski, Peter and George R. Zodrow (1989), "Taxation and the Tiebout Model:  The Differential Effects of Head Taxes, Taxes on Land Rents, and Property Taxes," Journal of Economic Literature, 27:3 (September), 1098-1146.

Papadimitrious, Dimitri B., Ansar M.Shaikh, Claudio H. Dos Santos, and Gennaro Zezza (2005), "How Fragile is the U.S. Economy?", The Levy Institute of Bard College, Strategic Analysis (March), 1-12.

Pareto, Vilfredo (1897), “The New Theories of Economics,” Journal of Political Economy 5:4 (September), 485-502.

Pechman, Joseph A. (1990), "The Future of the Income Tax", American Economic Review, 80:1 (March), 1-20.

Pemberton, James (1999), "Social Security:  National Policies with International Implications", Economic Journal, 109:457 (July), 492-508.

Persson,Torsten, Gerard Roland, and Guido Tabellini (2000), "Comparative Politics and Public Finance", Journal of Political Economy, 108:6 (December), 1121-1161.

Phelps, Edmund S. (2010). “The Slump, the Recovery and the ‘New Normal’”, Capitalism and Society 5:2; 1-19.

Ramsey, Frank P. (1927), “A Contribution to the Theory of Taxation,” The Economic Journal 37:145 (March), 47-61.

Reinhart, Carmen M., and Kenneth Rogoff (2010). “Growth in a Time of Debt”, NBER Working Paper 15639.  (Cambridge, Massachusetts:  NBER), (January), 1-26.

Shleifer,Andrei (1998), "State versus Private Ownership", Journal of Economic Perspectives, 12:4 (Autumn), 133-150.

Simon, Herbert A.,  “Theories of Decision-Making in Economics and Behavioral Science”, American Economic Review (1959).

Solow, Robert M. (1956). “A Contribution to the Theory of Economic Growth”, Quarterly Journal of Economics. 70(1): 65-94.

Stigler, George J. (1957), “Perfect Competition, Historically Contemplated,” Journal of Political Economy 65:1 (February), 1-17.

Stiglitz, Joseph E. (1998), "The Private Uses of Public Interests:  Incentives and Institutions", Journal of Economic Perspectives, 12:2 (Spring), 3-22.

Stiglitz, Joseph E., “The Causes and Consequence of the Dependence of Quality on Price,” Journal of Economic Literature 25 (March 1987): 1-48.

Tanner, Evan (2013).  “Fiscal Sustainability: A 21^st Century Guide for the Perplexed,” IMF Working Paper WP1389.  (Washington, D.C.:  International Monetary Fund), 1-49.

Tiebout, Charles M. (1956), "A Pure Theory of Local Expenditures", Journal of Political Economy, 64:5 (October), 416-424.

Walters, A.A.,  "Production and Cost Functions:  An Econometric Survey".  Econometrica 31:1-2 (January-April 1963), pp. 1-66.