News and Notes about Economics Courses in Fall Quarter 2010

News and Notes about Economics Courses in Fall Quarter 2010

  • Economics 2 now has Economics 1 as a prerequisite.
  • Economics 41 now has prerequisites of Math 31A and 31B, so you cannot enroll in it unless you will have completed these two calculus courses.
  • Economics 41 is now restricted to students officially in Pre-Economics, Pre-Business Economics, and Pre-Economics/International Area Studies.  If you are pursuing one of these majors but are under another major, you will need to contact a Department of Economics counselor for help enrolling.
  • Economics 106’s (except Econ. 106A) are restricted to Business Economics majors, both on first and second passes.
  • Economics 106A is the same course as Economics 188B, which was offered for the first time in Spring Quarter. Economics 106A will count as an Economics 106 for the Business Economics major.  Application instructions for this course are below.

Econ. 106A will count as an Economics Elective under the Econ. 130 series for the Economics and Economics/International Area Studies. It will also satisfy an Economics Elective for the Business Economics major if you have already taken two Economics 106’s. This applies to other Economics 106’s as well for Business Economics.

  • Economics 106T/Economics of Technology is a new course which will count as an Economics 106 for the Bus. Econ. major.
  • Economics M134A is cross-listed with Environment M134.  You may enroll under either course number to earn credit for an economics elective.
  • Economics 140 has been replaced by Economics 145.  The course description is below.
  • Economics 187/Application of Economic Theory has a topic of Economic History of Globalization.  This course will count as an economics elective for Department of Economics majors under the international field (120’s).
  • Economics 188/Career Development is a one-unit course that does not fulfill an Economics elective requirement for any Department of Economics major.
  • If you need to take Economics 199B in Fall Quarter because you are graduating in December and are an Economics/International Area Studies major, you should contact a Department of Economics counselor for more information.

Case-based Economics Course for Fall 2010!!!

The UCLA Department of Economics is proud to announce that Economics 106A/Economics in Practice will be offered again in Fall Quarter 2010.  Students must submit an application online by 11:59 pm on August 15, 2010 to be considered for this course.  Please note that students will be accepted on a rolling basis, therefore, you are encouraged to apply early.

 Course Description: Econ 106A (formerly Econ 188B) is an interactive problem solving course using economics to address a variety of problems in public policy.  This course provides an introduction to a new case-based learning approach, including assistance from UCLA Anderson MBA students.  Students, grouped in fours, will be required to present analysis on several “cases” throughout the quarter, utilizing Excel and PowerPoint.   All students will be required to present analysis of a final case to judges from top financial firms in the UCLA Case Study Competition.  Letter grading.

Application Process:

  1. Submit Your Resume
    1. Log-in to BruinViewTM on-line at https://secure.career.ucla.edu/BruinViewLogin/Login.aspx
    2. Click the “Jobs and Internships” tab
    3. Keyword Search “764910”
    4. Upload and Submit your resume on BruinView
    5. Complete the application form and short-essay
      1. Available online at: https://spreadsheets.google.com/viewform?formkey=dGhTbmlTTnFWZW10SkNFVUJ3X2l0Tmc6MA

[ To upload your Resume on BruinView: Click the “Documents” tab on BruinView, then the “Add New” button to select the document from your computer and then “Submit” to add this document to your account.  Please note there is a 24-hour approval process before this resume will be available on the system.  Once this document is approved you must also submit the document to the Econ 106A posting (Job # 764910 on BruinViewTM. ]

For Application Questions, please contact Katie Davy, Economics Career Specialist at kdavy@career.ucla.edu or (310) 206-1931.

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Economics 145 Topics in Math/Economics

Professor Copic will be offering Economics 145 this Fall. This is an advanced topics course and enrollment is by Department consent.

COURSE PREREQUISITES: This is an advanced topics course intended for students who may have an interest in pursuing a research career. Any student wishing to enroll in the course must have sufficient mathematical background or must otherwise qualify for the course through exceptional prior academic and/or work record. (Prerequisites: Econ 101, Econ 103, Math 33A or Math 115A, or Department consent). In such a case, you may obtain permission to sign up for the course by contacting Ed McDevitt, Department of Economics Program Coordinator, at mcdevitt@econ.ucla.edu

COURSE DESCRIPTION: Decision Theory, Game Theory, Bounded Rationality with introduction to research. The main thread of the course is to discuss human behavior in an evolutionary context in order to analyze aspects of human behavior that are hard to fit in with the rationality paradigm. We first discuss what it means to be rational, principally in terms of axioms of consistent decision making; we identify rationality in different environments, such as choice, inter-temporal choice, and choice under uncertainty. We then briefly move to strategic situations, and other multi-person situations, and identify what is meant by rationality in such settings. We then point out some well-known deviations from consistent behavior, some of these may be introduced through in-class experiments (Allais paradox, Ellsberg paradox, dictator games and backward induction, etc.). Next, we provide a short review of some of the models that have been proposed to account for such behavior: the reference-point models (e.g., Herbert Simon’s satiscing ideas), models of inconsistent inter-temporal choice (β-δ), models for decision-making under uncertainty (case-based theory of Gilboa and Schmeidler). We then move to a concrete example where we try to identify several underlying characteristics of the environment which determine human behavior, where we attempt to develop a simple model fitting the situation.

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Economics 188: Career Development (1 unit)

Instructor: Steve Ross

Class Meetings: September 25 (Saturday) and October 23 (Saturday).

This course will have two lectures, with each session consisting of a five-hour lecture on Saturday from 9:30 am – 3:30 pm (includes breaks and lunch). In addition, one Saturday will be devoted to meeting individually with students. Saturday lecture one will be held on September 25; Saturday lecture two is on October 23; and the Saturday Meeting with Students is scheduled TBA. Note that this course does not apply to any economics-related major.

Course Description:

The course will consist of a series of one-hour lectures based on real world experiences to help students identify and develop key knowledge and skills used in the real world.  In each class, the instructor will be spend the first ten minutes on the weekly current business environment.  Covered topics include financial markets, economy, unemployment, banking crises and all related business topics.  After the market update, the lectures will include, but not be limited to:

Resume Workshop: (tools and strategies to differentiate yourself), the future of resumes (websites and portfolios)

Interview Workshop: (pre and post interview); how to prepare and tell your story while differentiating yourself and showing passion; how to add value versus your peers

Follow your passion (how to find the career that is right for you)

Networking (social and internet); how to sell yourself (elevator speech)

Wall Street Workshop/Financial careers

Marketing /Sales Careers

Ethics, Communication Skills and Presentation Skills

International Study Abroad

Internships/Student Organizations, Community Service, and Various Certifications (CPA, CFA, CFP, etc.)

Real Estate Careers/How to buy Real Estate

Personal Finance/Credit Scores, Saving and Retirement Plans

Career Fairs (how to differentiate yourself and tell your story)

ENROLLMENT IN ECONOMICS 188 WILL BE RESTRICTED TO SENIORS AND JUNIORS OFFICIALLY IN THE BUSINESS ECONOMICS, ECONOMICS, ECONOMICS/INTERNATIONAL AREA STUDIES, AND MATH-ECON MAJORS.

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