Teaching

Graduate

ECON 672. Econometrics II (Spring 2024

This course provides an advanced study of many of the popular techniques used in microeconomic data analysis. Topics will focus on the identification of causal effects. In this course, we will stress the models' implementation to applied settings and the interpretation of the empirical results.


Prereq: ECON 671

Textbook: 

D. Joshua Angrist & Jörn-Steffen Pischke, “Mastering Metrics,” Princeton University Press.

Undergraduate

ECON 301. Intermediate Microeconomics  (Spring 2024- 4 credits)

This is an upper-level undergraduate course. Students are presumed to have general knowledge about partial equilibrium. The course offers a rigorous, but intuitive, introduction to theory of consumer and business behavior; optimal consumption choices and demand; theory of firm behavior; costs, production, and supply; competitive and imperfectly competitive markets; theory of demand for and supply of factors of production; general equilibrium analysis. 

Prereq: ECON 101; (ECON 207 or MATH 166)

 Textbook: 

Varian, H. (2020). Intermediate Microeconomics with Calculus


ECON 101. Principles of Microeconomics (Fall 2023). 

This course surveys microeconomics. It presents economic concepts and analytical tools needed to study issues such as resource allocation, opportunity cost, comparative and absolute advantage. Supply and demand. Marginal analysis. Theories of production and consumption, pricing, and the market system. Perfect and imperfect competition and strategic behavior. Factor markets. Present discounted value.

Textbook: 

Robin Bade and Michael Parkin, Foundations of Microeconomics. 



Other courses taught in the past:

University of Arkansas

Microeconometrics (Fall 2020). This course provides an advanced study of many of the popular techniques used in microeconomic data analysis. Topics will focus on the identification of causal effects. Using real-world examples and basic statistics, in this course, we will stress the models' implementation to applied settings and the interpretation of the empirical results.

Textbook:  D. Joshua Angrist & Jörn-Steffen Pischke, “Mastering Metrics,” Princeton University Press.

Basic Economics (Fall 2016- Spring 2017). This course surveys both microeconomics and macroeconomics. It presents economic concepts and analytical tools needed to study issues such as the origin of prices, international trade, the business cycle, inflation, and unemployment. The class will consist primarily of lectures and demonstrations, with students’ questions and participation in discussions greatly encouraged.

Textbook: Mankiw, G. (2012). Essentials of Economics. 

Universidad ICESI

Research Methods in Migration Studies (Spring 2019). This course continues with the analytical work initiated in the Advanced Econometrics course. In the first part, the course offers an introduction to different theories that seek to explain international migration flows. Subsequently, the course introduces students to different methodologies to address research questions related to migration and development (natural experiments, instrumental variables, differences in differences, propensity score matching, autoregressive vectors, among others). Good working knowledge of microeconomic theory and econometrics is necessary.

Mathematical and Computational Methods in Economics (Fall 2018). This is a  graduate level course and continues with the analytical work initiated in the course of  Advanced Macroeconomics. This course introduces the student to mathematical and computational methods to study macroeconomic problems. The course deals with solving linear rational expectation models using the Blanchard and Kahn methodology and Gensys (developed by Chris Sims). The techniques will be applied to different models such as the 3-equation New Keynesian model for Macroeconomic analysis.    

Advanced Microeconomics II (Spring 2018). This is a graduate level course. The first part includes a rigorous microeconomic analysis covering topics such as an axiomatic theory of consumer preferences, general equilibrium theory, asymmetric information, and relational contracts. Then, the course introduces the student to different topics on microeconomic development such as non-labor income transfers, financial interlinked business groups, and networks.   

Textbook: MasColel A., Whinston M., Green, J. (1995). Microeconomic Theory.

Microeconomic Theory III (Spring and Fall 2017-2019). This is an upper-level undergraduate course. Students are presumed to have general knowledge about partial equilibrium. The first part of the course offers a rigorous, but intuitive, introduction to general equilibrium theory including topics such as Pareto efficiency, Walrasian equilibrium, and the welfare theorems. Then, the course introduces the students to different market failures covering topics such as externalities, public goods, and asymmetric information.  

 Textbooks: Varian, H. (2010). Intermediate Microeconomics: A Modern Approach & Nicholson, W. (2011). Microeconomic theory: Basic Principles and Extensions. 

Microeconomic Theory II (Spring and Fall 2017-2019). This course continues with the analytical work initiated in the course of Microeconomic Theory I. The course focuses on the behavior of firms. In the first part, it includes the incentives of firms in environments other than perfect competition (monopoly, oligopoly, monopolistic competition). Then, students learn about strategic environments that require the use and study of game theory instruments. Finally, the student is introduced to the field of Industrial Organization with topics such as horizontal and vertical integration.

 Textbooks: Pindyck, R., and Rubinfeld, D. (2013). Microeconomics & Pepall, L., Richards, D., and Norman, G. (2014). Industrial Organization. Contemporary Theory and Empirical Application.

Principles of Macroeconomics (Spring 2013).  The course will allow the student to know the basic tools to understand problems such as: economic growth, inflation, unemployment, the effects of economic policy, international capital movements, the problems caused by the fiscal deficit, the conditions necessary to improve the competitiveness, the development of the Globalization of the markets, and the origin of the current crisis. At the end of the course, the students will be able to approach the problems of the current economy and their relation to the business structure of Colombia.

Textbook: Blanco, J. (2010). Economía. Teoría y práctica.  

Macroeconomic Theory II (Fall 2012). In this course, the students will be introduced to the dynamic analysis of economies, inter-temporal optimization, the role of expectations, and the theory of real economic cycles, which will allow them to grasp the foundations of advanced macroeconomics. 

 Textbook: Blanchard, O. (2002). Macroeconomía.