Below is a complete listing of graduate Economics courses. Please follow the link on the left to the UWM Schedule of Classes to find out which classes are currently being offered.

## Graduate Course Listing

**ECON 310**- Research Methods for Economics (3 units; U/G)- Statistical research methods, especially cross-section and time-series regression, applied to evaluation of empirical literature and a directed research project. Not open for cr to students who have cr in Econ 513(531). Prereq: jr st; Econ 210(P) or cons instr.
**ECON 411**- Economic Forecasting Methods (3 units; U/G)- Economic time series, analysis, forecasts. Trends, seasonality, cycles, smoothing procedures. Simulation models; sample survey methods. Extensive applications using macro and financial data. Forecasting software use. Prereq: jr st; Econ 210(P).
**ECON 413**- Statistics for Economists (3 units; U/G)- Elements of probability; joint marginal and conditional distributions; measures of central tendency and dispersion, calculus of expectations; central limit theorem. Estimation and testing of economic relations. Prereq: jr st; Econ 210(P); Math 211(P) & cons instr, or Math 231(P). Math 232(R) & 233(R).
**ECON 415**- Economics of Employment and Labor Relations (3 units; U/G)- Analysis of wage setting, labor markets, human capital and collective bargaining. Study of labor standards, regulation and the role of unions and government. Prereq: jr st; Econ 103(P).
**ECON 426**- Public Economics (3 units; U/G)- Economic analysis of government and policy, including taxation and expenditures, policy responses to market failures, redistributional programs, and related topics. Prereq: jr st; Econ 104(P) & 301(P).
**ECON 432**- Industrial Organization (3 units; U/G)- Economic analysis of asymmetric information, barriers to competitive entry, licensing, pricing practices/transactions costs; application to markets for insurance, computers, health care, used cars, food. Prereq: jr st; Econ 301(P).
**ECON 447**- Labor Economics (3 units; U/G)- The economics of unions, minimum wage, poverty and welfare programs; influence of international trade on domestic labor markets. Study of labor supply and labor demand. Prereq: jr st; Econ 301(P).
**ECON 448**- Economics of Human Resources (3 units; U/G)- The economics of education, training, discrimination, and workplace incentives. Study of hiring, promotion, and job search. Prereq: jr st; Econ 103(P) or cons instr.
**ECON 450**- Health Economics (3 units; U/G)- Efficiency of medical care, health insurance and access to care, alternative models of health care delivery, health behaviors and public policy. Prereq: jr st; Econ 103(P).
**ECON 454**- International Trade (3 units; U/G)- Why countries trade; who wins, who loses; facts about world trade; political economy of trade. Balance of payments, Asian crisis, European Union, American wage dispersion. Prereq: jr st; Econ 301(P).
**ECON 455**- International Finance (3 units; U/G)- International monetary system; spot and foreign exchange markets; balance of payments; international adjustment mechanisms; international finance policy; history and institution. Prereq: jr st; Econ 302(P).
**ECON 458**- Selected Topics in Economics: (3 units; U/G)- Variable content course designed to focus on special topics not normally discussed in detail in other existing courses. Retakable w/chg in topic. Prereq: jr st & cons instr.
**ECON 497**- Study Abroad: (1-12 units; U/G)- Designed to enroll students in UWM sponsored program before course work level, content, and credits are determined and/or in specially prepared program course work. Retakable w/chg in topic. Prereq: jr st; acceptance in Study Abroad Prog.
**ECON 506**- Mathematical Economics I (3 units; U/G)- Mathematical techniques used in economic analysis, including calculus and matrix algebra. Applications include optimizing behavior of firms and consumers. Prereq: jr st; Econ 301(P); Math 211(P) & cons instr, or Math 231(P). Math 232(R) & 233(R).
**ECON 525**- The Economics of Water (3 units; U/G)- Comprehensive development of water resource economics for engineers, scientists, and economists; analysis of the public and private sector economics of water resources. Prereq: jr st; Econ 103(P); Math 231(P); a statistics course; or cons instr.
**ECON 606**- Mathematical Economics II (3 units; U/G)- Difference and differential equations applied to economic variables such as human capital, consumption, learning, energy use, and pollution. Essential preparation for graduate work. Prereq: jr st; Econ 506(P).
**ECON 701**- Economic Theory: Microeconomics (4 units; G)- Conventional theory of the behavior of firms, consumers, and markets; partial and general equilibria. Prereq: grad st; Econ 301(P). Econ 506(R).
**ECON 702**- Economic Theory: Macroeconomics (4 units; G)- Aggregative economic analysis, problems of aggregation and significant aggregates; national income, flow-of-funds, and input-output. Prereq: grad st; Econ 302(P). Econ 506(R).
**ECON 703**- Econometrics (4 units; G)- Regression theory, generalized least squares, heteroscedasticity, autocorrelation, multi-colinearity, distributed lags, and discrete variable models, system of equations. No cr for students who have grad cr in Econ 513. Prereq: grad st
**ECON 706**- Mathematical Economics (3 units; G)- Mathematical analysis of modern economic problems; dynamic input-output system, stability analysis, general equillibrium analysis, optimizing theory including linear and non-linear programming, activity analysis and turnpike theory, and mathematical growth models. Prereq: grad st; Econ 506(P) & 606(P).
**ECON 708**- Industrial Organization I (3 units; G)- Exploration of the relationship between industrial structure and market performance. Topics covered include r&d, advertising and government regulations.Prereq: grad st; Econ 301(P), 302(P) & 506(P), or cons instr.
**ECON 709**- Industrial Organization II (3 units; G)- Evaluation of the economic impact of the anti-trust laws. Topics covered include horizontal restraint, vertical restraint, patent, and mergers. Prereq: grad st; Econ 301(P), 302(P), & 413(P).
**ECON 710**- Applied Econometrics (3 units; G)- Specification, estimation and testing of economic theory. Application of distributed lags, autoregressive models, system of equations, discrete choice models and cointegration principles. Prereq: grad st; Econ703(P).
**ECON 712**- Urban Economic Theory (3 units; G)- Trends in U.S. urbanization and suburbanization. Studies of urban household and firm behavior. General equilibrium analytical and simulation models of urban structure. Prereq: grad st; Econ 301(P).
**ECON 713**- Regional Economic Theory (3 units; G)- Location theory and land-use patterns, regional social accounts and input-output models, shift-share analysis, regional econometric model, and growth policies. Prereq: grad st; Econ 301(P) or cons instr; Econ 413(431)(R).
**ECON 731**- Money, Income, and Prices (3 units; G)- Analysis of the demand for money by monetary theorists. Integration of theories into general equilibrium macro-models. Prereq: grad st; Econ 302(P). Econ 702(R).
**ECON 734**- Foundation of Econometric Methods (3 units; G)- Statistical and econometric methods for econometrics research. Asymptotic theory; maximum likelihood, generalized method of moments estimation; classical linear regression model; non-linear and multivariate regression models. Prereq: grad st; Econ 413(431)(P) & 506(P) or cons instr.
**ECON 735**- Econometric Methods I (3 units; G)- Review of statistical inference, asymptotic distribution theory, multivariate regression model and its extension, and use of prior information; estimation and testing of econometric models. Prereq: grad st; Econ 734(635)(P) or cons instr.
**ECON 749**- Urban Public Finance (3 units; G)- Analysis of state and local government expenditures and revenues; demand for urban services, costs of supplying them, and methods of financing them. Prereq: grad st; Econ 301(P).
**ECON 751**- Labor Economics I (3 units; G)- Human capital investments: determinants of earnings (education, experience, incentives, discrimination, unions, compensating differentials); public sector labor markets; issues of retirement and aging. Prereq: grad st; Econ 701(C).
**ECON 752**- Labor Economics II (3 units; G)- Income distribution and inequality; migration and immigration; fertility, family structure, human capital and labor supply; unemployment and job search; selection bias; specialization and work organization. Prereq: grad st; Econ 701(C).
**ECON 753**- Collective Bargaining (3 units; G)- Economic and behavioral theories of collective bargaining, bargaining structure, impasses and truces, union effects, management goals, terms of the agreement and national policy. May not be substituted for Econ 751 or 752 in meeting the concentration req of the Econ MA Non-thesis option or in preparing for Ph D prelims. Prereq: grad st; Ind Rel 701(R).
**ECON 755**- Comparative Labor Markets and Employment Relations (3 units; G)- Labor market institutions, practices and performance. The U.S. is compared with western europe, japan and elsewhere. May not substitute for Econ 751 or 752. Prereq: grad st; Econ 210(P) & 415(451)(P) or cons instr.
**ECON 774**- Economic Development - Theory (3 units; G)- Theories relating to production, distribution, and capital formation in less-developed nations. Prereq: grad st; Econ 301(P) & 302(P).
**ECON 775**- Economic Development - Policy (3 units; G)- Planning, case studies, and empirical analysis of less-developed nations. Prereq: grad st; Econ 301(P) & 302(P).
**ECON 790**- Research Seminar for M.A. Students (3 units; G)- Basic research methods and guidance in developing a research proposal and writing a formal research paper. Prereq: grad st
**ECON 801**- Advanced Microeconomic Theory I (3 units; G)- Decision-making under risk and over time, general equilibrium and welfare, market failure, and applications, including demand systems, household production, interpersonal economics, and hedonic pricing. Prereq: grad st; Econ 701(P) & 506(P). Econ 606(R).
**ECON 802**- Advanced Macroeconomic Theory I (3 units; G)- Money, credit, and governmental operations in aggregative analysis; critical study of some aggregative and analytical systems. Prereq: grad st; Econ 702(P).
**ECON 803**- Advanced Microeconomic Theory II (3 units; G)- Theory of the firm, imperfect competition, game theory, asymmetric information, transaction costs and applications including matching/search, factor markets, contract theory, mechanism design and specialization. Prereq: grad st; Econ 506 (P) & 701(P); Econ 606 (R).
**ECON 804**- Advanced Macroeconomic Theory II (3 units; G)- New growth theories, new Keynesian theories, role of information in macro models, and financial markets and macro economy. Prereq: grad st; Econ 802(P).
**ECON 806**- Mathematical Economics (3 units; G)- Applications of dynamic optimization technique to modern economic problems; optimal economic growth, optimal pricing, optimal stabilization policies, etc. Prereq: Econ 706(P).
**ECON 831**- Monetary Theory and Policy (3 units; G)- Study of money, credit, and liquidity as related to income, employment, and prices. Study of goals and effectiveness of monetary and banking policy. Prereq: grad st; Econ 701(P). Econ 702(C) or cons instr.
**ECON 835**- Econometric Methods II (3 units; G)- Identification problem, econometric model building, and simultaneous equation techniques such as two- and three-stage least squares and full- and limited-information maximum likelihood methods. Prereq: grad st; Econ 735(P).
**ECON 871**- The Pure Theory of International Trade (3 units; G)- Examines for both static and growing economies the impact of trade upon relative prices of goods and factors of production. Prereq: grad st; Econ 701(P).
**ECON 872**- Money in the International Economy (3 units; G)- Examines the theory and measurement of the balance of payments, appropriate policies for internal and external balance, the problems of making international payments and the issue of exchange rate flexibility. Prereq: Econ 702(P) & 455(576)(P).
**ECON 888**- Candidate for Degree (0 units; G)- Available for graduate students who must meet minimum credit load requirement. Fee for 1 cr assessed. Prereq: grad st.
**ECON 905**- Seminar: Banking and Monetary Theory: (3 units; G)- Consideration of the relationship between monetary policy and short-run fluctuations and long-run economic trends. May be retaken with change in topic to 6 cr max. Prereq: grad st; Econ 831(P) or cons instr.
**ECON 915**- Seminar: Econometric Methods: (3 units; G)- Selected advanced topics in econometric methods and their application to current economic problems. Retakable w/chg in topic to 6 cr max. Prereq: grad st; Econ 835(P).
**ECON 931**- Seminar: Regulated Industries: (3 units; G)- Research in the field of public utilities and other regulated industries, with emphasis on changing the emerging transportation problems. Retakable w/chg in topic to 6 cr max. Prereq: grad st; Econ 701(P).
**ECON 947**- Seminar: Public Finance: (3 units; G)- Advanced study of public finance problems and literature. Research. Retakable w/chg in topic to 6 cr max. Prereq: grad st; Econ 701(P) & 702(P).
**ECON 974**- Seminar: Economic Development and Growth: (3 units; G)- Analysis of advanced topics relating to the process of economic development and theory of growth. Retakable w/chg in topic to 6 cr max. Prereq: grad st; Econ 774(P) & 775(P).
**ECON 990**- Graduate Thesis (1-3 units; G)- Reserved for research in connection with doctoral thesis. Retakable as necessary to fulfill thesis requirements. Prereq: grad st; cons major prof.
**ECON 991**- Workshop in Economic Research: (2-3 units; G)- Individual research and group discussion of selected problems in economic theory and its applications. Retakable with change in topic to 9 cr max. Prereq: grad st & cons instr.
**ECON 999**- Independent Work (1-3 units; G)- Retakable w/chg in topic to 9 cr max. Prereq: grad st; cons instr.