Elective Courses

Elective courses are taught either by full-time faculty members in the Department of Economics, or by economists who work in government, international organizations, think tanks, consulting firms or other research positions in the Washington, DC area. These instructors are highly experienced professionals who have deep expertise in the substantive areas in which they offer courses.

The elective courses typically entail textbook readings, readings from professional and academic journals, review of policy papers, and significant empirical work.  By choosing an appropriate sequence of elective courses, students are able to concentrate their studies in particular areas of interest, for example, computational economics, data science, econometrics, financial economics, or industrial organization. The Program Director advises students regarding the selection of courses that best suit students’ individual objectives. 

The program typically offers the following elective courses in the spring term of the first year, and in the fall and spring terms of the second year: 

Quantitative Courses

Spring Electives

  • ECON 557 – Advanced Data Analysis
  • ECON 567 – Decision and Game Theory
  • ECON 571 – Financial Economics
  • ECON 586 – Microeconometrics
  • ECON 587 – Macroeconometrics
  • ECON 592 – Advanced Macroeconomics
  • ECON 594 – Empirical Asset Pricing
  • ECON 598 – Financial Regulation
  • ECON 599 – Computational Economics

Fall Electives

  • ECON 581 – Business Cycles
  • ECON 582 – Empirical Industrial Organization
  • ECON 591 – Advanced Microeconomics
  • ECON 593 – Financial Econometrics
  • ECON 597 – Empirical Macroeconomics

Applied Economics Courses

Spring Electives

  • ECON 555 – Political Economy
  • ECON 561 – Labor Economics
  • ECON 562 – Industrial Organization
  • ECON 565 – Law and Economics
  • ECON 576 – International Trade
  • ECON 579 – Open Economy Macroeconomics
  • ECON 585 – Behavioral Economics and Finance

Summer Electives

  • ECON 558 – Time Series Analysis
  • ECON 563 – Public Economics
  • ECON 564 – Environmental Economics
  • ECON 565 – Law and Economics
  • ECON 569 – Energy Economics and Policy
  • ECON 577 – International Finance
  • ECON 578 – Development Economics
  • ECON 580 – Labor Markets Institutions and Policy

Fall Electives

  • ECON 570 – Health, Aging and Insurance Markets
  • ECON 572 – Monetary Theory & Policy

The University’s schedules of classes for recent semesters may be viewed here. Courses are subject to availability.