Week 1: January 22
Researching economics and finance: information resources and writing: the White Paper and the Equity Research Report. Introduction to accessing Bloomberg Terminal data. Library Information Session with the Reference Librarian. Begin lecture on valuation.
Assignment 1: Equity Research Report: Preliminary 5-minute snap presentation Week 3; Report due Week 4; Company: Exxon: Buy, Sell, or Hold
Readings:
(i) What is Valuation? by Professor Aswath Damodaran, NYU Stern School of Business:http://pages.stern.nyu.edu/~adamodar/New_Home_Page/background/valintro.htm March 21, 2014
(ii) CFA Equity Research Report Essentials 2013
Brief discussion of the research papers: begin to prepare 2 research questions for discussion in Week 2.
Week 2: January 29
Present (1 minute) preliminary research question.
Information Cascades - discussion questions assigned.
Classroom Games: Information Cascades by Lisa Anderson and Charles Holt, The Journal of Economic Perspectives, Vol. 10, No. 4 (Autumn, 1996) http://www.jstor.org/stable/2138561
Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades by Sushil Bikhchandani and David Hirshleifer, The Journal of Economic Perspectives, Vol. 12, No. 3 (Summer, 1998) http://www.jstore.org/stable/2647037
Week 3: February 5
Discussion questions assigned for: Collective Action and the Evolution of Social Norms: by Elinor Ostrom, Joumal of Economic Perspectives—Volume 14, Number 3—Summer 2000—Pages 137-158
Begin the White Paper assignment: Policy Position: Should Italy keep the extended retirement age or reduce it?
Background reading: The Economics of Pensions by Nicholas Barr and Peter Diamond, Oxford Review of Economic Policy, Vol. 22, No. 1, 2006.
Week 4: February 12
Equity Research Report Due beginning of class.
Snap presentation of the Equity Research Report - 5 minutes for a randomly selected person from a buy, hold, and sell group. Class discussion of the presentations.
Thesis statements presented to class. Upload to Moodle at the beginning of class.
Week 5: February 19
Group meetings for White Paper Presentations.
Week 6: February 26
White Paper Presentations: Debate: For, Against, Rebuttal, Discussion.
Week 7: March 5
Discussion question assigned for class.
Introduction to measuring wage discrimination (students should read briefly through Oaxaca paper before class as we will go over it in class: Male Female Wage Discrimination in Urban Labor Markets, Author: Ronald Oaxaca, International Economic Review, Volume 14, Issue 3, October 1973 (693-709)
Bayesian Bigot? Statistical Discrimination, Stereotypes, and Employer Decision Making Author(s): Devah Pager and Diana Karafin, Annals of the American Academy of Political and Social Science, Vol. 621, The Moynihan Report Revisited: Lessons and Reflections after Four Decades (Jan., 2009), pp. 70-93 Published by: in association with the Sage Publications, Inc. American Academy of Political and Social Science Stable URL: http://www.jstor.org/stable/40375833 Accessed: 19-04-2015 10:11 UTC
Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination Author(s): Marianne Bertrand and Sendhil Mullainathan Source: The American Economic Review, Vol. 94, No. 4 (Sep., 2004), pp. 991-1013 Published by: American Economic Association Stable URL: http://www.jstor.org/stable/3592802 Accessed: 19-04-2015 09:58 UTC
Prepare an excel file of the Oaxaca wage discrimination file using the CPS May data for Week 9: demonstrate ability to clearly present and document and excel file.
Week 8: March 19
Discussion questions assigned for class for the paper: Does Culture Affect Economic Outcomes? By Luigi Guiso, Paola Sapienza and Luigi Zingales Source: The Journal of Economic Perspectives, Vol. 20, No. 2 (Spring, 2006), pp. 23-48, Stable URL: http://www.jstor.org/stable/30033649 Accessed: 03-09-2017 20:18 UTC
Open Discussion on policy innovation: Exploration: We have free trade zones for goods, could we have visa free zones for labor? What would a visa-free zones look like in Greece (on an island) as a business conference center networked by private airlines to Asia, the Middle East, Africa, and Russia?
Week 9: March 26
Exam on CFA Code of Conduct and Standards of Professional Conduct, Tuesday, March 26th
Week 10: April 2
Discussion questions to prepare before class: Macroeconomics of Unbalanced Growth: The Anatomy of Urban Crisis Author(s): William J. Baumol Source: The American Economic Review, Vol. 57, No. 3 (Jun., 1967), pp. 415-426 Published by: American Economic Association
Ted Talk on not-for-profit management.
Presentation of research paper outlines: upload to Moodle at the beginning of class.
Week 11: April 9
Economic movie night
Week 12: April 16
Research paper presentations
Week 13: April 23
Research paper presentations
Week 14: April 30
Research paper presentations
Week 15: Final Exam: See University schedule for day and time.
Research paper presentations.