HUDM Y5122x or y Applied Regression Analysis 3 pts.

This is a Teachers College course.

For more detailed course information, please go to the Teachers College Schedule of Classes at: http://www.tc.columbia.edu/tc-schedule/schdsearch.cgi SIPA: APEA. SIPA: USP- Social Policy Track. SIPA: Electives.

ORL Y5362x or y Group Dynamics: Systems Perspective 3 pts.

This is a Teachers College course.

For more detailed course information, please go to the Teachers College Schedule of Classes at: http://www.tc.columbia.edu/tc-schedule/schdsearch.cgi SIPA: APEA. SIPA: USP- Social Policy Track. SIPA: Electives.

ORL Y5521x or y (Section 1) Introduction to Research Methods 3 pts.

This is a Teachers College course.

For more detailed course information, please go to the Teachers College Schedule of Classes at: http://www.tc.columbia.edu/tc-schedule/schdsearch.cgi SIPA: APEA. SIPA: USP- Social Policy Track. SIPA: Electives.

INAF U6016x and y Cost-Benefit Analysis 3 pts. This course aims to provide an introduction to the basic principles of cost-benefit analysis, i.e., the economic appraisal of public investment projects, expenditures, programs, and regulations. I will begin with a relatively brief review of the techniques of financial appraisal (i.e. cash flow analysis) of projects, since similar techniques are used in most cost-benefit analysis exercises. However, while a financial analyst for a private, profit--making entity focuses only on the net cashflows the entity receives from a project, the cost-benefit analyst has to consider a proposal's economic costs and benefits from a societal perspective. This course should be most directly relevant for those who intend to pursue careers in the public sector as analysts/applied economists with governmental agencies, public authorities, multilateral institutions, or research institutes/think-tanks. SIPA: APEA. SIPA: EPD. SIPA: IFEP- Finance. SIPA: IFEP- Economic Policy. SIPA: E&E- IEMP. SIPA: E&E- Environment Policy. SIPA: Management. SIPA: USP- Urban Policy Track.

INAF U6017x and y International Trade 3 pts. Prerequisites: SIPA U6400 The course has two dimensions: theory and policy. In the former, the fundamental models of international trade theory will be presented. Using these models we will try to understand why countries specialize and trade, what determines the pattern of trade (i.e., which country will export which good), and how trade affects relative prices, welfare, and income distribution within a country. The second part of the course deals with issues concerning trade policy. We will compare the effects of and rationale behind the usage of various policy instruments such as tariffs, subsidies, quotas, etc. The political economy of trade policy and trade policy in developing countries will also be covered. Additional topics may be included at a later stage if time permits. SIPA: APEA. SIPA: EPD. SIPA: IFEP- Finance. SIPA: IFEP- Economic Policy.

INAF U6018x and y International Finance & Monetary Theory 3 pts. Prerequisites: SIPA U6401 This is a "methods" course meant to provide students with the analytic tools necessary to think through "real life" international economic policy situations. The class is primarily meant for those interested in working at international financial institutions, the foreign-service, Wall Street, or the financial press. Lectures will, in part, be fairly rigorous though, if the student has taken first year economics, knows basic algebra, and (most importantly) can navigate graphs, he/she will be able to handle the material fairly easily. While theory will at times dominate, its policy relevance will be illustrated through i) l0-minute discussions at the beginning of every class on topical issues; ii) continuous references to recent economic/market episodes meant to illustrate the theoretical material; iii) reading short pieces of Wall Street research that cover timely market topics; and iv) the term paper that will be graded on how well theory and policy are integrated. In terms of topics, the first half of the semester will develop an analytic framework that thinks though the concept of the "exchange rate" in terms of its (short and long term) determinants as well as the interaction between the exchange rate and macro variables such as growth, inflation, and monetary policy. The second half of the semester we will investigate individual themes including exchange rate regimes; BoP crises and contagion; global imbalances and the savings glut; the role of FX in "inflation targeting" regimes; and capital markets and emerging markets finance. SIPA: APEA. SIPA: EPD. SIPA: IFEP- Finance. SIPA: IFEP- Economic Policy.

INAF U6022y Economics of Finance 3 pts. Finance deals with the theory of how households and firms use capital markets to allocate resources over time. The course will equip you with a solid theoretical foundation you can use to evaluate projects, investments and funding decisions. It will further acquaint you with the details of debt, equity and derivatives markets so you can apply your knowledge to practical problems SIPA: MIA- Financial Management. SIPA: MPA- Financial Management. SIPA: APEA. SIPA: EPD. SIPA: IFEP- Finance. SIPA: IFEP- Economic Policy. SIPA: Management.

INAF U6045x or y International Capital Markets 3 pts. The course will acquaint you modern international capital markets. You can expect to learn a substantial amount of up-to-date detail and some useful theory. Specifically, we will survey global markets for credit, equity, foreign exchange, foreign exchange derivatives, futures, interest rate swaps, credit default swaps and asset backed securities. In each case, we will learn the highlights of payments and settlement, documentation, regulation, applications for end-users, related economic theory and pricing models. The class will cover options and asset pricing theory; however, the treatment will be informal and designed to help develop intuition. One lecture each will be devoted to international banking (with an emphasis on changing capital regulation), investment banks, and hedge funds. SIPA: APEA. SIPA: EPD. SIPA: IFEP- Finance. SIPA: IFEP- Economic Policy.

INAF U6325x Energy Modeling 3 pts.(Formerly Quantitative Methods-Energy/Policy Analysis) The course is intended to sharpen student skills in methods that can be applied to quantitative analysis and interpretation of project economics. The course will provide students with an introduction to quantitative models that can aid in the decision making process. The course utilizes the Excel spreadsheet with Precision Tree add-in for decision tree analysis plus @RISK and RiskOptimizer simulation software add-ins for evaluating risk. These software add-ins address the challenge posed by key decision making variables not being discrete or known with precision. Most business decisions are stochastic in nature where future values for key variables are not known with precision, but can be estimated with a probability distribution. SIPA: APEA. SIPA: E&E- IEMP. SIPA: E&E- Environment Policy. SIPA: Development Practice.

INAF U6345y Analytic Techniques for Military Policy 3 pts. The course is designed to teach you the skills you will need to handle the responsibilities of an entry-level defense analyst in the government or in an outside think tank. The course should give you the underlying intellectual foundations needed to learn more rapidly from your experience once you enter the field, and thus to graduate more quickly to positions of greater responsibility and influence within the field. The course is designed to equip you to be a force for positive change in the profession to position you to make a difference not just on the substance of the decisions you analyze, but on the way the community does its analyses. SIPA: APEA. SIPA: ISP.

INAF U6355y Globalization 3 pts. Prerequisites: SIPA U4201 OR SIPA U6401 Globalization has become something of a fad, being credited for everything from the collapse of communism to El Nino to distress in the capital markets. But what is generally agreed upon is that the integration of markets for goods, services, and capital has created both new opportunities and challenges for firms, governments and international organizations. The tremendous opportunities lie in the potential to grow new markets, transfer ideas and technology, and foster cooperation across the disparate corners of the globe. The challenges lie in how to manage the conflicts that inevitably arise over the distribution of costs and benefits that a global economy entails. The objective of this course is to highlight how U.S. domestic interests and institutions have met the demands of globalization. While globalization by definition is multi-faceted, this course focuses on one key dimension of globalization, international trade policy. Moreover, the course is inter-disciplinary, as it draws on analytical frameworks developed in economics, political science, and business to illustrate the linkages and tensions that firms and governments face in the new global context. The course is divided into three parts. The first part focuses on the basics of globalization: what is it? what are the benefits? and what are its costs? The second part of the course focuses on how the U.S. trade policy making process works, and how domestic interests and institutions respond to the demands of globalization: who wins and loses, how do firms formulate effective market and non-market strategies, and how do the institutions of governance aggregate these demands? The third section of the course applies this logic of policy making to recent and ongoing issues in globalization and international trade. SIPA: MIA- Interstate Relations. SIPA: APEA. SIPA: IFEP- Economic Policy. SIPA: Intl Org.

INAF U6604x Applied Econometrics 3 pts. Prerequisites: SIPA U6500 & SIPA U6501 The goal of this course is to enable students to evaluate the policy relevance of academic research. While academic research frequently considers treatments that approximate a potential public policy, such prima facie relevance alone does not inform policy. In particular, public policy is predicated on the credible estimation of causal treatment effects. For example, although researchers frequently document the strong correlation between years of schooling and better health, this tells us surprisingly little (and arguably nothing) about the health effects of public tuition assistance, compulsory school laws, or any other program that raises educational attainment. Policies guided by statistical correlations - even the regression-adjusted estimates that dominate the academic literature - will frequently have unintended and even perverse real-world effects. Policymakers must distinguish between causal estimates that should inform policy design and statistical correlations that should not. The catch is that distinguishing correlation from causation in empirical studies is surprisingly difficult. Econometric technique alone does not provide a reliable path to causal inference. Applications of instrumental variables (IV) techniques, while wildly popular, arguably obscure sources of identification more often than isolating exogenous variation. Similar concerns apply to popular panel data and fixed effects (FE) models, which can eliminate certain unobservable sources of bias. Furthermore, causal claims by a study's author should be regarded with skepticism - frequently this is merely the marketing of a non-transparent statistical correlation. Put differently, when has a researcher portrayed his empirical result as a mere correlation when in fact he/she had identified a credible causal impact? A basic theme of the course is that identification strategy - the manner in which a researcher uses observational [real-world] data to approximate a controlled/randomized trial (Angrist & Pischke, 2009) - is the bedrock of causal inference. Econometric technique cannot rescue a fundamentally flawed identification strategy. In other words, econometrics and identifications strategies are complements in the production of causal estimates, not substitutes. Examples of appropriate econometric technique applied to compelling identification strategies will be described to illustrate this approach (most often from health economics), along with their implications for public policy. SIPA: APEA.

INAF U6899x Program Evaluation: Domestic and International Programs 3 pts. Prerequisites: SIPA U6500 An advanced level course designed to give students the knowledge base and core skills (quantitative and qualitative) to carry out evaluations of programs, organizations and social services. This course focuses on types of evaluation, evaluation design and theory, measurement, sampling, data collection, ethics and politics in evaluation, data analysis, and utilization of findings. SIPA: APEA. SIPA: EPD. SIPA: Management.

PUAF U8510x Women and Power: the Impact of Public & Private Sector Policy 1.5 pts. This practicum takes a hard look at the gains of the "women's revolution" and the gains across a range of sectors. A group of prominent individuals (business and civic leaders, scholars, policymakers), all pioneers in the own right, will assess how far women have come in a variety of fields -- Business, Philanthropy, Government, Non Profit and Entrepreneurship -- and describe what they see as the unfinished agenda. Particular attention will be paid to exploring policy proposals that encompass both public and private sector initiatives. Course Dates: October 20 - December 8.SIPA: APEA. SIPA: EPD. SIPA: USP- Urban Policy Track. SIPA: USP- Social Policy Track. SIPA: Gender Policy. SIPA: Short Courses.

REGN U8090x The Transatlantic Economy 3 pts. A course on economic relations in an era of regionalism and the formation of rival economic blocs. This course examines the changing architecture of contemporary US-EU relations, placing this relationship within wider multilateral obligations. Topics to be discussed include conceptual frameworks within which the relationship may be analyzed; the economic dimension to common security; causes and consequences of past and present trade disputes; the development and implementation of the Transatlantic Agenda and related programs such as the Transatlantic Business Dialogue; implications for the dollar of European Monetary Union; and the impact on the relationship of each side's ties to other regional arrangements such as APEC, Mercosur and EU enlargement to Eastern and Central Europe. Course requirements: A term paper and classroom presentations. SIPA: MIA- Interstate Relations. SIPA: APEA. SIPA: IFEP- Finance. SIPA: IFEP- Economic Policy. SIPA: Europe. SIPA: Intl Org. SIPA: United States. SIPA: UN Studies.

SIPA U0020x and y (Section 1) Specialization: APEA All SIPA candidates are required to register for one of the specializations in each semester of matriculation at SIPA. The specialization registration will be for zero academic credits and will not affect or be affected by fees or financial charges. SIPA: APEA.

SIPA U6501y Quantitative Analysis II for International and Public Affairs 3 pts. This course is the second semester in the SIPA statistics sequence. Students conduct a major research project, which will serve as an important vehicle for learning about the process and challenges of doing applied empirical research, over the course of the semester. The project requires formulating a research question, developing testable hypotheses, gathering quantitative data, exploring and analyzing data using appropriate quantitative techniques, writing an empirical research paper, proposing policy recommendations, and presenting findings and analyses. SIPA: APEA. SIPA: IFEP- Finance. SIPA: IFEP- Economic Policy.

SIPA U8500y Quantitative Methods in Program Evaluation and Policy Research 3 pts. Prerequisites: SIPA U6501 The goal of this course is to provide students with a basic knowledge of how to perform some more advanced statistical methods useful in answering policy questions using observational or experimental data. It will also allow them to more critically review research published that claims to answer causal policy questions. The primary focus is on the challenge of answering causal questions that take the form "Did A cause B?" using data that do not conform to a perfectly controlled randomized study. Examples from real policy studies and quantitative program evaluations will be used throughout the course to illustrate key ideas and methods. First, we will explore how best to design a study to answer causal questions given the logistical and ethical constraints that exist. We will consider both experimental and quasi-experimental (observational studies) research designs, and then discuss several approaches to drawing causal inferences from observational studies including propensity score matching, interrupted time series designs, instrumental variables, difference in differences, fixed effects models, and regression discontinuity designs. As this course will focus on quantitative methods, a strong understanding of multivariate regression analysis is a prerequisite for the material covered. Students must have taken two semesters of statistics and have a good working knowledge of STATA. SIPA: APEA.

SIPA U8510x Quantitative Research Methods and Program Evaluation 3 pts. Over the last few decades, quantitative program evaluation has become an important tool for evaluating the effectiveness of social service interventions. This course is designed to provide students with the information necessary to be informed and critical consumers of evaluation research. The course will have three primary foci. First, we will develop and apply a framework for critiquing evaluations. Second, we will individually discuss the major methods used by evaluation researchers, discussing both their advantages and limitations. Finally, we will discuss role that evaluation research can play in both the development of non-profit organizations and the design of public policy.

The key outcome of this course is to arm you with frameworks, questions, and some "best practices" when it comes to evaluating policies and programs. While we will cover some more advanced statistical and experimental design techniques, this course will not require that much hands-on statistical analysis and/or computation. SIPA: APEA.

BIST P6110y Statistical Computing with SAS 3 pts. This is a Public Health Course. Public Health classes are offered on the Health Services Campus at 168th Street.

For more detailed course information, please go to Mailman School of Public Health Courses website at http://www.mailman.hs.columbia.edu/academics/courses SIPA: APEA. SIPA: Electives.

BIST P8120y Analysis of Categorical Data 3 pts. This is a Public Health Course. Public Health classes are offered on the Health Services Campus at 168th Street.

For more detailed course information, please go to Mailman School of Public Health Courses website at http://www.mailman.hs.columbia.edu/academics/courses SIPA: APEA. SIPA: Electives.

BIST P8129y Theory of Multivariate Analysis 3 pts. This is a Public Health Course. Public Health classes are offered on the Health Services Campus at 168th Street.

For more detailed course information, please go to Mailman School of Public Health Courses website at http://www.mailman.hs.columbia.edu/academics/courses SIPA: APEA. SIPA: Electives.

HPMN P8502 Research Techniques and Applications in Health Services Administration:Policy 3 pts. This is a Public Health Course. Public Health classes are offered on the Health Services Campus at 168th Street.

For more detailed course information, please go to Mailman School of Public Health Courses website at http://www.mailman.hs.columbia.edu/academics/courses SIPA: APEA. SIPA: USP- Urban Policy Track. SIPA: USP- Social Policy Track. SIPA: Electives.

HPMN P8541 Economic Evaluation of Health Care Technology 1.5 pts. This is a Public Health Course. Public Health classes are offered on the Health Services Campus at 168th Street.

For more detailed course information, please go to Mailman School of Public Health Courses website at http://www.mailman.hs.columbia.edu/academics/courses SIPA: APEA. SIPA: EPD. SIPA: Management. SIPA: USP- Social Policy Track. SIPA: Electives.

SOSC P8777y (Section 1) Survey Research Method 3 pts. This is a Public Health Course. Public Health classes are offered on the Health Services Campus at 168th Street.

For more detailed course information, please go to Mailman School of Public Health Courses website at http://www.mailman.hs.columbia.edu/academics/courses SIPA: APEA. SIPA: USP- Social Policy Track. SIPA: Electives.

SOSC P8777y Survey Research Methods 3 pts. This is a Public Health Course. Public Health classes are offered on the Health Services Campus at 168th Street.

For more detailed course information, please go to Mailman School of Public Health Courses website at http://www.mailman.hs.columbia.edu/academics/courses SIPA: APEA. SIPA: USP- Social Policy Track. SIPA: Electives.

SOSC P8785y (Section 1) Qualitative Research Methods 3 pts. This is a Public Health Course. Public Health classes are offered on the Health Services Campus at 168th Street.

For more detailed course information, please go to Mailman School of Public Health Courses website at http://www.mailman.hs.columbia.edu/academics/courses SIPA: APEA. SIPA: USP- Social Policy Track. SIPA: Electives.

SOSC P8785y (Section 2) Qualitative Research Methods 3 pts. This is a Public Health Course. Public Health classes are offered on the Health Services Campus at 168th Street.

For more detailed course information, please go to Mailman School of Public Health Courses website at http://www.mailman.hs.columbia.edu/academics/courses SIPA: APEA. SIPA: USP- Social Policy Track. SIPA: Electives.