Undergraduate Courses

2019 Summer Economics Courses

Looking for more details about our summer 2019 course offerings? Click on the course you are interested in below to learn more about the format of the course.

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Econ 101 Online

May 28 – July 7, 4 credits

What is the most important thing students should consider before enrolling in this course?

For Econ 101, students only need consider whether they’d appreciate a solid understanding of how economic forces shape almost every aspect of their lives.  Coming to this course with an open mind and a commitment to consistent effort will pay particularly high dividends.  This course will teach you how to think; it will not tell you what to think.

What is the format of the course?

The course consists of lecture videos captured from a previous semester of the live course. Section meetings each week can either be attended live or watched on video as well.  Over the six weeks of the course, there are four problem sets, one midterm exam, and one cumulative final exam.

How do exams work in the course?

Exams are timed and are open access.  They will be multiple choice exams, and students are allowed to work out answers on their own during its administration.

Are there attendance or participation requirements?

No attendance or participation is required as part of the student’s grade.

What is the best way to communicate with the instructor?

The instructor will have online chat office hours for an hour each weekday of the course and will be available over email throughout the duration of the course.  The instructor will also manage the course’s chat room, where students can and regularly do post questions throughout the course.

What do office hours look like?

Students access live chat office hours through Canvas and from there can speak to the instructor directly.

How much time is expected of the students each week?

Students should expect to devote at least 10 hours each week to this course.  Ideally, the first part of each week would be devoted to watching lecture videos, with the latter half of the week reserved for section and for completing problem sets or preparing for exams.

Are there required times students must be present?

Students need only carve out 70 minutes of uninterrupted time on the day of the midterm and two hours (120 minutes) of uninterrupted time on the day of the final exam.  On each of these exam days, a full 15-hour window will be created during which students can schedule that uninterrupted time.  It is our expectation that many students will be taking the course from different time zones, so we use this policy to ensure no one must take exams in the middle of the night for them.

What role does the TA play in the course?

The course has a TA, and he/she will lead sections each week, which will also be videotaped in case students cannot “attend” them in real time.  The TA will also hold two sets of online chat office hours each week.

Econ 102 Online

July 8 – August 18, 4 credits

What is the most important thing students should consider before enrolling in this course?

The summer course is excellent for students who have other time commitments or travel arrangements that make it difficult to enroll in a traditional course. Students must be self-motivated, as there are not many deadlines and learning is for the most part self-paced, with only two homework and exam deadlines during the course period in addition to weekly “surveys” that are graded only for participation. Students must have taken an introductory microeconomics course before taking this course; we will not do a micro review.

What is the format of the course?

There are interactive video lectures that can be viewed multiple times at the student’s own pace.

The course follows Sheffrin, O’Sullivan, and Perez’ Macroeconomics Applications and Tools textbook through chapter 15, and includes other real-world applications from outside the textbook.

In addition, there are several homework assignments and Chapter Quizzes tied to each textbook chapter that are completed online through MyEconLab.

Students also participate in weekly surveys to get feedback about student’s impressions about the models, real world applications, and so on—these are graded only for participation and are designed to increase student involvement and encourage participation in the Discussion board (Discussion board participation is not required)

How do exams work in the course?

Exams are taken online. There are two exams—one halfway through the online term and one on the final day of the online term. Students may take the exam at any time during the two specified calendar days.

Are there attendance or participation requirements?

Only weekly surveys, which are completed on Canvas and are very short.

What is the best way to communicate with the instructor?

The instructor will be available by email every day during the course period.

What do office hours look like?

There are no office hours per se—the instructor is available by email and will usually get back to students within a few minutes (time changes permitting). If students have questions, they should contact the instructor by email. If questions cannot be addressed in a written format, Skype and FaceTime meetings are an option.

How much time is expected of the students each week?

The online course is a significant time commitment.

Although the course is self-paced, students will on average view about 5 hours of lecture videos each week over the six week term and the expectation is that students will work on course learning activities (reading, homework, quizzes, surveys, exams, studying, etc) for at least 3 hours for every hour spent watching the lecture videos. The course syllabus will include additional information about expectations for student work.

Your learning will, for the most part, be self-paced. In addition to the short weekly surveys, there are two sets of deadlines—one halfway through the course leading up to the first exam, and the second at the final exam date. The first exam date will also be the deadline for all online homework and chapter quizzes related to material covered on the first exam. The second exam date will also be the deadline for the remainder of course material.

Are there required times students must be present?

Students must take the exams on the exam calendar days, and students must submit the weekly surveys ahead of their deadlines. All of this is done online.

What role does the TA play in the course?

The TA will handle administrative issues and serve as a backup to answer questions if the instructor is unavailable for any reason.

 

Econ 301 Online

May 20 – July 14, 4 credits

What is the most important thing students should consider before enrolling in this course?

For Econ 301, students should be prepared to revisit each of the topics covered in Econ 101 in a more analytically rigorous way.  With a bit of calculus, however, students can discover a world of possibilities from topics in intermediate microeconomics – each with critically important policy questions accompanying and supporting them.  Coming to this course with a solid background in Econ 101 and a commitment to discovering the merits of mathematics with a purpose will be any student’s best strategy.  It might be best to think of Econ 301 as an applied mathematics course, in that it will deepen any student’s understanding of microeconomics by applying the calculus we only danced around in Econ 101.

What is the format of the course?

The course consists of lecture videos captured from a previous semester of the live course. Section meetings each week can either be attended live or watched on video as well.  Over the eight weeks of the course, there are six problem sets, one midterm exam, and one cumulative final exam.

How do exams work in the course?

Exams are timed and are open access.  They will be multiple choice exams, and students are allowed to work out answers on their own during its administration.

Are there attendance or participation requirements?

No attendance or participation is required as part of the student’s grade.

What is the best way to communicate with the instructor?

The instructor will have online chat office hours for an hour each weekday of the course and will be available over email throughout the duration of the course.  The instructor will also manage the course’s chat room, where students can and regularly do post questions throughout the course.

What do office hours look like?

Students access live chat office hours through Canvas and from there can speak to the instructor directly.

How much time is expected of the students each week?

Students should expect to devote at least 10 hours each week to this course.  Ideally, the first part of each week would be devoted to watching lecture videos, with the latter half of the week reserved for section and for completing problem sets or preparing for exams.

Are there required times students must be present?

Students need only carve out 70 minutes of uninterrupted time on the day of the midterm and two hours (120 minutes) of uninterrupted time on the day of the final exam.  On each of these exam days, a full 15-hour window will be created during which students can schedule that uninterrupted time.  It is our expectation that many students will be taking the course from different time zones, so we use this policy to ensure no one must take exams in the middle of the night for them.

What role does the TA play in the course?

The course has a TA, and he/she will lead sections each week, which will also be videotaped in case students cannot “attend” them in real time.  The TA will also hold two sets of online chat office hours each week.

Econ 302 Online

July 8 – August 18, 4 credits

What is the most important thing students should consider before enrolling in this course?

The summer course is excellent for students who have other time commitments or travel arrangements that make it difficult to enroll in a traditional course. Students must be self-motivated, as there are not many deadlines and learning is for the most part self-paced, with only two homework and exam deadlines during the course period in addition to weekly “surveys” that are graded only for participation. Students that struggle with math concepts and need in-person interaction in order to feel more comfortable with mathematical methods are advised not to take the online course for Econ 302, as there are no in-person interactions.

What is the format of the course?

There are interactive video lectures that can be viewed multiple times at the student’s own pace.

The course follows Williamson’s Macroeconomics textbook through chapter 10, and includes other real-world applications from outside the textbook.

In addition, there are several homework assignments tied to each textbook chapter that are completed online through Canvas.

Students also participate in weekly surveys to get feedback about student’s impressions about the models, real world applications, and so on—these are graded only for participation and are designed to increase student involvement and encourage participation in the Discussion board (Discussion board participation is not required)

How do exams work in the course?

Exams are taken online. There are two exams—one halfway through the online term and one on the final day of the online term. Students may take the exam at any time during the two specified calendar days.

Are there attendance or participation requirements?

Only weekly surveys, which are completed on Canvas and are very short.

What is the best way to communicate with the instructor?

The instructor will be accessible by email every day during the course period.

What do office hours look like?

There are no office hours per se—the instructor is available by email and will usually get back to students within a few minutes (time changes permitting). If students have questions, they should contact the instructor by email. If questions cannot be addressed in a written format, Skype and FaceTime meetings are an option.

How much time is expected of the students each week?

 

The online course is a significant time commitment.

  • You should expect to spend about an hour on each video lecture (inclusive of time taking interactive quizzes). That comes to about 24 hours of lecture time.
  • There are approximately 16 half-hour homework assignments, coming to 8 hours of homework commitments.
  • There are approximate 6 5-minute surveys, coming to 30 minutes of survey commitments
  • There are additional practice questions you should do for exam preparation; each set should take about an hour so that adds another 8 hours minimum for exam preparation
  • You should estimate an hour of reading time for every hour of lecture time (24 hours)
  • There are three hours of exam time.

All in all, that comes to about 70 hours over 6 weeks, or an average of about 11 hours per week, just to do the absolute minimum. You will no doubt need additional study time, so estimate about 15-20 hours a week for the course.

Are there required times students must be present?

Students must take the exams on the exam calendar days, and students must submit the weekly surveys ahead of their deadlines. All of this is done online.

What role does the TA play in the course?

The TA will handle administrative issues and serve as a backup to answer questions if the instructor is unavailable for any reason.

Econ 310 Online

May 28 – July 7, 4 credits

What is the most important thing students should consider before enrolling in this course?

The coverage and depth of the summer version of Econ 310 is exactly the same as it would be during the academic year, so in that sense the course is a great match for anyone wishing to complete the department’s statistics/econometrics requirement over the summer break.  That said, summer courses are accelerated, with material that would be covered over 14 weeks during the school year condensed into a 6-week summer term.  Given the short and intensive course format, the summer edition of 310 is probably the best match for those who will be able to invest substantial time and energy into the course for the duration of the six-week term.  Interested students may find it helpful to look at the syllabus from last summer: https://canvas.wisc.edu/courses/97224/assignments/syllabus

What is the format of the course? 

Each Monday through Thursday, the course consists of daily videos, practice problems, and online problem sets.  Each Friday is set aside for review and to take a weekly quiz.

How do exams work in the course?

Each Friday there’s an online quiz reviewing that week’s material.  To accommodate everyone’s schedule, these quizzes can be completed at any point during the 24-hour period corresponding to Friday in Madison.  Once you start, you have 60 minutes to complete the quiz.

On the final Friday of the term, there’s a final exam.  The final exam is similar to the weekly quizzes, except it is (a) cumulative and (b) you have 120 minutes to complete the exam.

Are there attendance or participation requirements? 

The class is 100% online, so there is no requirement to be in Madison at any point.  It is essential that you have access to a computer and a reliable internet connection throughout the summer term.  Participation in the online discussion board will count for a small portion of your overall grade in the class.

What is the best way to communicate with the instructor?

The instructor is accessible throughout the summer term via the class discussion board, e-mail, online office hours, in-person office hours, and by appointment.  Please don’t hesitate to contact the instructor if you have any questions!

What do office hours look like?

Over the summer, t he instructor holds both in-person and online office hours.  Online office hours are conducted via video-conferencing software (Zoom).

How much time is expected of the students each week?

As with any course, students choose to invest varying amounts of time, depending on their ambitions, learning style, mathematics & statistics background, and time constraints.  That said, here’s two ways of thinking about the approximate time commitment:

  • The credit standard for this course is met by an expectation of a total of 180 hours of student engagement. Spreading these hours over a six-week term, students are expected to devote roughly 30 hours/week to all course activities (watching video lectures, completing problem sets, working on practice problems, taking exams, etc.)
  • A semester during the regular school year is 14 weeks, and the summer is accelerated to a six-week term, so the pace of this course is roughly 14/6=2.33 faster.  Given this, for the duration of the six-week summer term, you should plan to spend about as much time as you would spend on 2-3 courses during the regular school year.

Are there required times students must be present?

There is no requirement to be in physically present in Madison at any point during the summer term, but there are online quizzes and assignments that must be completed at particular times.

Each Friday there’s an online quiz covering that week’s material.  These must be taken at some point during the 24-hour period corresponding to Friday in Madison and, once you begin, you must complete the quiz within 60 minutes.  On the final Friday of the term, there will be a final exam, which runs for 120 minutes.

In addition, online problem sets are due Monday-Thursday, so you need to be available at some point before 11pm each weekday to complete the problem set.  It’s possible to work a few days ahead on the problem sets, so there is a bit of flexibility in the event that you need to be away from a computer for a day or two.

 

Econ 321 Online

July 8 – August 18, 4 credits

What is the most important thing students should consider before enrolling in this course?

Econ 321 examines the worlds of professional and amateur sports through the lens of the economist.  While the sports enthusiast will most definitely enjoy the course, even those with the unpleasant memory of getting picked last in the seventh grade for the volleyball team can find renewed vigor in discovering the various economic forces at work in the sports world.  Students who enjoy adding an economic dimension to what most ordinary people view as recreation will find this course as intriguing as it is interesting.

What is the format of the course?

The course consists of lecture videos captured from a previous semester of the live course. Section meetings each week can either be attended live or watched on video as well.  Over the six weeks of the course, there are four problem sets, one midterm exam, and one cumulative final exam.

How do exams work in the course?

Exams are timed and are open access.  They will be multiple choice exams, and students are allowed to work out answers on their own during its administration.

Are there attendance or participation requirements?

No attendance or participation is required as part of the student’s grade.

What is the best way to communicate with the instructor?

The instructor will have online chat office hours for an hour each weekday of the course and will be available over email throughout the duration of the course.  The instructor will also manage the course’s chat room, where students can and regularly do post questions throughout the course.

What do office hours look like?

Students access live chat office hours through Canvas and from there can speak to the instructor directly.

How much time is expected of the students each week?

Students should expect to devote at least 10 hours each week to this course.  Ideally, the first part of each week would be devoted to watching lecture videos, with the latter half of the week reserved for section and for completing problem sets or preparing for exams.

Are there required times students must be present?

Students need only carve out 70 minutes of uninterrupted time on the day of the midterm and two hours (120 minutes) of uninterrupted time on the day of the final exam.  On each of these exam days, a full 15-hour window will be created during which students can schedule that uninterrupted time.  It is our expectation that many students will be taking the course from different time zones, so we use this policy to ensure no one must take exams in the middle of the night for them.

What role does the TA play in the course?

The course has a TA, and he/she will lead sections each week, which will also be videotaped in case students cannot “attend” them in real time.  The TA will also hold two sets of online chat office hours each week.

Econ 410 Online

July 8 – August 18, 4 credits

What is the most important thing students should consider before enrolling in this course?

The coverage and depth of the summer version of Econ 410 is exactly the same as it would be during the academic year, so in that sense the course is a great match for anyone wishing to complete the department’s statistics/econometrics requirement over the summer break.  That said, summer courses are accelerated, with material that would be covered over 14 weeks during the school year condensed into a 6-week summer term.  Given the short and intensive course format, the summer edition of 410 is probably the best match for those who will be able to invest substantial time and energy into the course for the duration of the six-week term.  Interested students may find it helpful to look at the syllabus from last summer: https://canvas.wisc.edu/courses/97225/assignments/syllabus 

What is the format of the course? 

Each Monday through Thursday, the course consists of daily videos, practice problems, and online problem sets.  Each Friday is set aside for review and to take a weekly quiz.

How do exams work in the course?

Each Friday there’s an online quiz reviewing that week’s material.  To accommodate everyone’s schedule, these quizzes can be completed at any point during the 24-hour period corresponding to Friday in Madison.  Once you start, you have 60 minutes to complete the quiz.

On the final Friday of the term, there’s a final exam.  The final exam is similar to the weekly quizzes, except it is (a) cumulative and (b) you have 120 minutes to complete the exam.

Are there attendance or participation requirements? 

The class is 100% online, so there is no requirement to be in Madison at any point.  It is essential that you have access to a computer and a reliable internet connection throughout the summer term.  Participation in the online discussion board will count for a small portion of your overall grade in the class.

What is the best way to communicate with the instructor?

The instructor is accessible throughout the summer term via the class discussion board, e-mail, online office hours, in-person office hours, and by appointment.  Please don’t hesitate to contact the instructor if you have any questions!

What do office hours look like?

Over the summer, t he instructor holds both in-person and online office hours.  Online office hours are conducted via video-conferencing software (Zoom).

How much time is expected of the students each week?

As with any course, students choose to invest varying amounts of time, depending on their ambitions, learning style, mathematics & statistics background, and time constraints.  That said, here’s two ways of thinking about the approximate time commitment:

  • The credit standard for this course is met by an expectation of a total of 180 hours of student engagement. Spreading these hours over a six-week term, students are expected to devote roughly 30 hours/week to all course activities (watching video lectures, completing problem sets, working on practice problems, taking exams, etc.)
  • A semester during the regular school year is 14 weeks, and the summer is accelerated to a six-week term, so the pace of this course is roughly 14/6=2.33 faster.  Given this, for the duration of the six-week summer term, you should plan to spend about as much time as you would spend on 2-3 courses during the regular school year.

Are there required times students must be present?

There is no requirement to be in physically present in Madison at any point during the summer term, but there are online quizzes and assignments that must be completed at particular times.

Each Friday there’s an online quiz covering that week’s material.  These must be taken at some point during the 24-hour period corresponding to Friday in Madison and, once you begin, you must complete the quiz within 60 minutes.  On the final Friday of the term, there will be a final exam, which runs for 120 minutes.

In addition, online problem sets are due Monday-Thursday, so you need to be available at some point before 11pm each weekday to complete the problem set.  It’s possible to work a few days ahead on the problem sets, so there is a bit of flexibility in the event that you need to be away from a computer for a day or two.

Econ 521 Online

July 8 – August 18, 4 credits

What is the most important thing students should consider before enrolling in this course?

This course will work best for students who are able to devote sufficient time over the six-week term to learn the material well. Game theory will appeal most to those who are interested in solving puzzles and attempting to understand human behavior using math. Being self-motivated, keeping up with the material, and being willing to ask questions will be key to succeeding.

What is the format of the course?

The course will have a set of video lectures each week on that week’s topic. There will be a weekly problem set, one midterm and a final, a persuasive writing assignment, and an expectation of weekly participation in discussion forums online.

How do exams work in the course?

There will be a midterm and a final, which will not be cumulative. The tests will be open-book and open-notes, but closed to other sources, including the Internet and other people. Students will have two hours and fifteen minutes to access the test, write down their answers, scan them, and submit them online.

Are there attendance or participation requirements?

A small portion of the semester grade will be based on participation in online discussion forums.

What is the best way to communicate with the instructor?

The instructor will be available by email, phone, and discussion forum/chat in Canvas. Students in Madison could also set up a time to come by the instructor’s office on campus.

What do office hours look like?

The instructor will monitor a chat forum on Canvas during his office hours each week.

How much time is expected of the students each week?

Students are expected to work approximately 20 hours per week to complete assignments and learn the relevant material. There will usually be quite a bit of latitude as to when to do that work over the course of the week.

Are there required times students must be present?

Students will never need to be physically present in Madison. The only actions that will need to be completed in a short window of time are the midterm and final exams, which will be for a particular two-hour time slot on July 28, 2019 and August 18, 2019.

What role does the TA play in the course?

The TA will provide weekly example problems and solutions as well as being available in the discussion forums to answer questions. They may also hold some kind of online office hours.

Econ 522 Online

May 28 – July 7, 4 credits

What is the most important thing students should consider before enrolling in this course?

There is a lot of material compressed into a short time – students need to be self-motivated and willing to devote significant time to the course.

What is the format of the course?

There are several hours of video lectures each week along with a weekly problem set. The course has one midterm exam and one final exam.There is also an online discussion forum for getting questions answered, working on practice problems, and discussing more open-ended questions.

How do exams work in the course?

Exams are problem-based, students submit a file (a Word file or a scan of handwritten work) giving their answers and explanations.

Are there attendance or participation requirements?

Participation in online discussions is a component of final grade.

What is the best way to communicate with the instructor?

Questions about course logistics or material should be posted in weekly Q&A discussion thread so other students can also see the answer.  Otherwise, the instructor can be reached via email.

What do office hours look like?

The professor and the TA answer questions regularly in online discussion boards.

How much time is expected of the students each week?

Students should expect to spend 15-20 hours per week; the course is designed so this can be done at any time during the week.

Are there required times students must be present?

Only for the midterm exam and final exam.

What role does the TA play in the course?

The TA posts practice problems each week, facilitates student work on and discussion of those problems, and then posts video solutions.

For current course information, please see the Course Guide, Enroll App, or Class Search. For courses cross-listed with the Economics Department and listings of courses for past or upcoming terms you can also search the Course Guide.

For information regarding all classes offered by the Economics Department, you can search the Guide.

Enroll App

Choose your courses for a term, select your preferred sections, and enroll, swap, drop, or save courses for later.

To access the Enroll App:

  • Students – Log into http://my.wisc.edu and open your Academic Navigator to launch the Course Search & Enrollment app.

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Course Guide

Course Guide is an online, searchable catalog of courses providing a broad spectrum of course information including the ability to browse course sections offered each term.

To access Course Guide:

View course guide and other enrollment related demos

Class Search

Class Search is the real-time, online listing of course sections offered each term. Students can click on course sections to add them to their enrollment shopping cart.

To access Class Search:

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