Courses & Seminars

Focus on work force and career issues. Topics include: Effects of globalization on work force and innovation, growth of networks in work; impact of career incentives on productivity; university policies; mobility between academe and industry; link between ideas and outputs, and affects of the Covid19 pandemic on the economics of science.  
NOTE: Offered jointly with HBS as the 4245 TOM Seminar (Links to an external site.) aka SBBI-Science Based Business Initiative.
ARCHIVE OF PAPERS:  Seminar in Economics of Science & Engineering

This seminar provides a forum for faculty, graduate students, and research fellows in economics and other fields to present and discuss research and scholarship on the economic and social transformation of China. The seminar will give special attention to the environmental, technological, and social changes that are accompanying China's extraordinary economic development and to the links between Chinese and US economies.
ARCHIVE OF PAPERS:  China Economy Seminar 

EC 2880 - THE ECONOMICS OF SCIENCE (spring 2021)
Analyzes economic issues regarding the role of science and RD in the economy and in the deployment and productivity of scientists, engineers, and highly skilled technical workers. Topics include: wage levels/employment prospects; stipend policy, education/recruitment, student unionization/post-doc organization, career choices/trajectories, with reference to women; scientific competition/collaboration, and affects of the Covid19 pandemic on the economics of science.

Explores discontinuous changes in the economic position of groups and countries and presents mathematical and computer simulation models designed to illuminate the theme that economic and social lives are changed by sudden sharp shocks that generate positive feedback loops rather than the normal workings of markets that equilibrate through negative feedbacks.  Will include effects of the Covid19 pandemic on the economy, Great Depression and 2008 collapse of Wall Street, growth/decline of trade unions which occurs in spurts, and such patterns as segregation of groups, power laws in income inequality growth/decline in social pathologies in neighborhoods, and Malthusian concerns about the environment. Models include nonlinear simulations, neural networks, finite automata, evolutionary stable strategies, and agent-based simulations with attention on getting evidence on key parameters from diverse empirics, from big data to case studies.