Course # 34241 Specialization Markets & Regulation Finance & Policy Social & Economic Inequality This course will examine the choices households make about important financial decisions and how these individual choices can impact the aggregate economy. Each week, basic predictions from economic theory will be discussed and compared with empirical findings. Topics will include: asset market participation and household portfolio choice; human capital and student loans; housing and mortgages; retirement planning; credit card debt; payday loans; and the gig/sharing economy. Focus will also be placed on government policies affecting these topics, including so-called household financial engineering, the creation of Government Sponsored Enterprises (GSEs) like "Fannie" and "Freddie," and regulatory agencies like the Consumer Financial Protection Bureau (CFPB). Students are expected to read assigned papers. Additional assignments include problem sets, an in-class presentation, and a replication and extension exercise of a published paper. These assignments will require students to work in R, Stata or other statistical package of the student's choice. Notes Must have completed PPHA 32400 Principles of Microeconomics and Public Policy II and PPHA 31102 Statistics for Data Analysis II or equivalent to enroll. Recent News More news Natasha Mathur, MSCAPP’19, on the Connection Between the Real World and Data Tue., June 25, 2024 Research Professor Robert Kaestner Assesses Effects of Increased Income on Infant Health Tue., June 18, 2024 Harris Voices: Miguel A. Blancarte, Jr., CLA'21, on Growth During Trying Times Mon., June 17, 2024 Upcoming Events More events UChicago Harris Coffee Chat in Seoul Sun., June 30, 2024 | 10:00 AM Offer Bakery Cafe 21 Hongik-ro 5-gil Mapo-gu Seoul 04039 South Korea Harris Campus Visit Wed., July 10, 2024 | 10:00 AM Keller Center 1307 E 60th St Chicago, IL 60637 United States Harris Evening Master's Program Information Session Wed., July 10, 2024 | 12:00 PM