This page will explain important guidelines to prepare the Berkeley Economics major as a new transfer student.It is important to know that you are not officially admitted to the Economics major yet; all new transfer students must apply to the major during their first semester on the Berkeley campus.
This page will explain important guidelines to prepare the Berkeley Economics major as a new transfer student.
Prerequisites: ECON 2 or 100B; and MATH 10C or 20C or 31BH. This course features applications in economics, political science, and law. May be taken concurrently with ECON 109 or after completion of ECON 109. Macroeconomics A (4) Analysis of the determination of long run growth and models of the determination of output, interest rates, and the price level. Energy Economics (4) Energy from an economic perspective. Prerequisites: ECON 1 and (ECON 2 or 3 or 100A or 131 or ESYS 103 or MAE 124) and MATH 10C or 20C or 31BH. The US Social Safety Net (4) Examines major issues relating to the US social safety net, including Social Security, low-income assistance, unemployment and disability insurance, distributional and efficiency effects of the tax system, and the relation of these issues to the overall US government budget. Urban Economics (4) (Cross-listed with USP 102.) Economic analysis of why cities develop, patterns of land use in cities, why cities suburbanize, and the pattern of urban commuting. Economics of Discrimination (4) This course will investigate differences in economic outcomes on the basis of race, gender, ethnicity, religion, and sexual orientation. Labor Economics (4) Theoretical and empirical analysis of labor markets. Economics of Health Producers (4) Provides an overview of the physician, hospital, and pharmaceutical segments of the health sector. Economics of Health Consumers (4) Demand for health care and health insurance, employer provision of health insurance and impact on wages and job changes. Topics include valuing biodiversity, defining successful conservation, and evaluating the cost effectiveness of policies such as conservation payments, ecotourism, and privatization. Economics of Ocean Resources (4) Economic issues associated with oceans. Economics of Education (4) Examination of issues in education using theoretical and empirical approaches from economics. Consideration of various market structures in education, including school choice and school finance programs. Public Economics: Expenditures II (4) Overview of the public sector in the United States and the justifications for government intervention in economic life. Economic History of the United States II (4) (Cross-listed with HIUS 141.) The United States as a modern industrial nation. Topics such as economic growth, business cycles, saving-investment balance, financial markets, fiscal and monetary policy, labor markets, industrial structure, international trade, and agricultural policy. Historical overview and perspective; political economy; democracy and development; economic growth; land, labor, and credit markets; poverty and inequality; health, education, and human development; technology and development; institutions and state capacity; contemporary policy issues and debates. Middle East Economics (4) Socioeconomic development in the Arab world, Iran, and Turkey. Advanced Topics in Middle East Economics (2) This course will cover certain country experiences and certain topics in more depth than in ECON 165.
Prerequisites: ECON 100C or MATH 31CH or MATH 109 or (CSE 20 and MATH 20 C). Advanced Topics in Game Theory (2) This course presents a selection of applications and advanced topics that build on the material covered in the ECON 109. Analysis of inflation, unemployment, and monetary and fiscal policy. Honors Macroeconomics A (1) Honors sequence expanding on the material taught in ECON 110A. May be taken concurrently with ECON 110A or after successful completion of ECON 110A with A–or better or consent of instructor. Honors Macroeconomics B (1) Honors sequence expanding on the material taught in ECON 110B. May be taken concurrently with ECON 110B or after successful completion of ECON 110B with A– or better or consent of instructor. Macroeconomic Data Analysis (4) Examines time series methods for data analysis with an emphasis on macroeconomic applications. Law and Economics: Torts, Property, and Crime (4) Uses economic theory to evaluate the economic effects of US law in several legal fields, including tort law (accidents), products liability law, property law, criminal law (law enforcement), and litigation. Law and Economics: Contracts and Corporations (4) This course asks how firms are organized and why the corporate form dominates, how corporations are governed and the distortions that result, when firms borrow and how they deal with financial distress and bankruptcy. Econometrics A (4) Probability and statistics used in economics. Public Policy (4) Course uses basic microeconomic tools to discuss a wide variety of public issues, including the war on drugs, global warming, natural resources, health care and safety regulation. Economics of the Environment (4) Environmental issues from an economic perspective. Management of natural resources, such as forest and fresh water. International issues such as ozone depletion and sustainable development. Fuel cycles for coal, hydro, nuclear, oil, and solar energy. Comparison of energy use across sectors and across countries. The course also examines problems of urban congestion, air pollution, zoning, poverty, crime, and discusses public policies to deal with them. Prerequisites: ECON 2 or 100A; and MATH 10A or 20A. Human Resources (4) A practical yet theory-based study of the firm’s role in managing workers, including issues related to hiring, education and training, promotions, layoffs and buyouts, and the overarching role that worker compensation plays in all of these. We will study economic theories of discrimination, empirical work testing those theories, and policies aimed at alleviating group-level differences in economic outcomes. Topics include: labor supply, labor demand, human capital investment, wage inequality, labor mobility, immigration, labor market discrimination, labor unions and unemployment. Uses models of physician behavior, for-profit and nonprofit institutions to understand the trade-offs facing health-sector regulators and the administrators of public and private insurance arrangements. Emphasis on forests, coral reefs, elephants, tigers, and sea turtles. Economics of managing renewable resources in the oceans, with an emphasis on fisheries, economics of conservation and biodiversity preservation for living marine resources, with an emphasis on whales, dolphins, sea turtles, and coral reefs. Prerequisites: ECON 2 or 100A; and ECON 120B or MATH 181B. Public Economics: Taxation (4) Overview of the existing national tax structure in the United States, its effects on individual and firm decisions, and the resulting efficiency costs and distributional consequences. Public Economics: Expenditures I (4) Overview of the public sector in the United States and the scope of government intervention in economic life. Discussion of specific expenditure programs such as education and national defense. Theory of income redistribution and social insurance. Economic History of the United States I (4) (Cross-listed with HIUS 140.) The United States as a raw materials producer, as an agrarian society, and as an industrial nation. Emphasis on the logic of the growth process, the social and political tensions accompanying expansion, and twentieth-century transformations of American capitalism. Historical perspective; international trade and fuel resources; education, health, and gender gaps; unemployment and migration; population and environment; Islam and democracy. Students will also have the opportunity to choose countries and topics of particular interest to them for further reading and as subjects for a presentation and brief paper. May be taken concurrently with ECON 165 or after completion of ECON 165. Economics of China (4) Survey of the Chinese economy.
Find more details below: must speak with an economics advisor to determine acceptable alternative prerequsite coursework.
An upper division Economics course and one of our quantitative prerequisites must be taken in the first semester.
Discusses macroeconomic policies under different exchange rate regimes and implications for financial stability and current account sustainability. These tools are used to understand multilateral trade and investment agreements, such as NAFTA, and international organizations, such as the WTO. Economic Regulation and Antitrust Policy (4) Detailed treatment of antitrust policy: Sherman Act, price fixing, collusive practices, predatory pricing, price discrimination, double marginalization, exclusive territories, resale price maintenance, refusal to deal, and foreclosure. Behavioral Economics (4) Course will study economic models in which standard economic rationality assumptions are combined with psychologically plausible assumptions on behavior. Experimental Economics (4) Explore use of experiments to study individual and interactive (strategic) decision making.
Theory of regulation and regulatory experience in electrical utilities, oil, telecommunications, broadcasting, etc. Analysis of people’s decisions when the consequences of the decisions depend on what other people do. We consider whether the new models improve ability to predict and understand phenomena including altruism, trust and reciprocity, procrastination, and self-control. Topics may include choice over risky alternatives, altruism and reciprocity, allocation and information aggregation in competitive markets, cooperation and collusion, bidding in auctions, strategy in coordination and “outguessing” games. Enrollment limited to EN25, EN26, EN28, and MA33 majors only. Economics of Conservation (4) Examines conservation of biodiversity from an economic perspective. Economics of Mexico (4) Survey of the Mexican economy. The Indian Economy (4) Survey of the Indian economy.Prerequisites: ECON 100A; and ECON 120A or ECE 109 or MATH 180A or MATH 183 or MATH 186; and MATH 18 or 31AH. Operations Research B (4) Nonlinear programming, deterministic and stochastic dynamic programming, queuing theory, search models, and inventory models. Financial Markets (4) Financial market functions, institutions and instruments: stocks, bonds, cash instruments, derivatives (options), etc. May be repeated up to three times when course topics vary. Independent Study (2 or 4) Independent reading or research under the direction of and by special arrangement with a Department of Economics faculty member. Enrollment limited to Economics Ph D students (EN75) or Rady Ph D students (RS79); or consent of instructor. Microeconomics B (4) Arrow-Debreu model of general economic equilibrium and welfare economics. (S/U grades only.) Prerequisites: ECON 207 or consent of instructor. Contract Theory (4) This course reviews the theoretical foundations for the analysis of contractual interaction, and it covers a selection of game-theoretic models and applications.Credit not allowed for both ECON 172B and MATH 171B. Discussion of no-arbitrage arguments, as well as investors’ portfolio decisions and the basic risk-return trade-off established in market equilibrium. Financial Risk Management (4) Risk measures, hedging techniques, value of risk to firms, estimation of optimal hedge ratio, risk management with options and futures. (P/NP grades only.) Prerequisites: consent of instructor and departmental approval. Microeconomics A (4) Modern consumer and producer theory. The course is intended to provide a foundation for theoretical research on contracts as well as applied research on topics in behavioral/experimental, development, environmental, international, and labor economics, law and economics, and macroeconomics. Mathematics for Economists (4) Advanced calculus review for new graduate students. Enrollment limited to Economics Ph D students (EN75) or Rady Ph D students (RS79); or consent of instructor. Decisions (4) Further topics in consumer and producer theory, intertemporal optimization, and decision making under uncertainty.Students have the opportunity to analyze global trade and capital market data and to prepare a presentation and brief paper on a specific topic. International Monetary Relations (4) Analyzes exchange rates and the current account. International Economic Agreements (4) Examines reasons for international economic agreements, their design, the strategic interactions that determine how the agreements are implemented and sustained, and consequences for global welfare and inequality.Relates their joint determination to financial markets and the real-side macroeconomy using international macroeconomic models and presents empirical regularities. Industrial Organization and Firm Strategy (4) Theory of monopoly and oligopoly pricing, price discrimination, durable goods pricing, cartel behavior, price wars, strategic entry barriers, mergers, pro- and anticompetitive restraints on business. Draws on international economics, game theory, law and economics, and political economy to understand international economic agreements.Remember, you need at least a total of 13 units to be considered full-time in L&S.We recommend a balanced course load of 13-16 units in your first semester to help with your transition to Berkeley.Prerequisites: ECON 120A or ECE 109 or MAE 108 or MATH 180A or MATH 183 or MATH 186. Econometrics C (4) Advanced econometric methods: estimation of linear regression models with endogeneity, economic methods designed for panel data sets, estimation of discrete choice models, time series analysis, and estimation in the presence of autocorrelated and heteroskedastic errors. Priority enrollment given to majors in the department. Priority enrollment given to majors in the department. Priority enrollment given to majors in the department. Prerequisites: ECON 100A and ECON 120A or ECE 109 or MATH 180A or MATH 183 or MATH 186. Operations Research A (4) Linear and integer programming, elements of zero-sum, two-person game theory, and specific combinatorial algorithms. Topics such as buyer behavior, marketing mix, promotion, product selection, pricing, and distribution. Limited to advanced economics majors with at least a 3.5 GPA in upper-division economics work. Directed Group Study (2 or 4) Directed study on a topic or in a group field not included in regular department curriculum by special arrangement with a faculty member. Institutional analysis: social choice, mechanism design, cooperative bargaining, contracts, strategic theory of the firm. Enrollment limited to Economics Ph D students (EN75) or Rady Ph D students (RS79); or consent of instructor. Workshop in Economic Theory (0–4/0–4/0–4) An examination of recent research in economic theory, including topics in general equilibrium, welfare economics, duality, and social choice; development of related research topics by both graduate students and faculty.Credit not allowed for both ECON 172A and MATH 171A. (P/NP grades only.) Students may not earn more than eight units credit in 195 courses. Prerequisites: upper-division standing and consent of instructor. First and Second Fundamental Theorems of Welfare Economics. Course may be repeated an unlimited number of times. Principles of Microeconomics (4) Introduction to the study of the economic system.Course will introduce the standard economic models used to examine how individuals and firms make decisions in perfectly competitive markets, and how these decisions affect supply and demand in output markets. Data Analytics for the Social Sciences (4) (Cross-listed with POLI 5D.) Introduction to probability and analysis for understanding data in the social world.