Horarios y Salones

Urban Economics
Prerequisito estudiantes de pregrado: Microeconomía Avanzada II (se recomienda haber cursado Teoría de Juegos). 
Estudiantes de posgrado y profesionales: se recomienda haber cursado Teoría Microeconómica.
Créditos: 4


Part 1: Urban Economics
June 27th-29th and July 2nd-3rd: 8am - 12m (20h)


The course develops an understanding of the economic processes that shape urban areas and determine their growth or decline, and the processes that determine how they are organized internally. Among the topics we examine are: the shifting economic roles of cities through history; the evolution of the North American cities and the effects of trade, transportation and innovation on the location and growth of cities; economies of scale and agglomeration as the modern reasons for urbanization; negative externalities such as traffic congestion, pollution, effects of urbanization on greenhouse gases; the theory of land rent and land prices and the internal structure and land use patterns observed in cities; location by income, and ethnic segregation in cities; the formation of ghettos; suburbanization and the dispersion of employment. We also study the economic structure of the most important urban sectors such as transportation, housing, and the economics of zoning and urban sprawl.



Guillermo Sinisterra
Associate Professor of Economics /
Colegio Estudios Superiores de Administración (CESA), Bogotá



Part 2: Networks: Overview and Applications to Cities
July 4th, 5th, 8th and 9th: 10-12 m and 2-5pm (20h)

It has been recognized for a long time that non-market interactions, i.e., interactions between agents that are not mediated by the market, are crucial to explain different economic phenomena such as stock market crashes, growth, education, religion, crime, etc. (for recent surveys, see Glaeser and Scheinkman, 2002, and Durlauf, 2004). In these models, the marginal utility to one person of undertaking an action is a function of the average amount of the action taken by her peers. Peer effects are an intragroup externality, homogeneous across group members, that captures the average influence that members exert on each other.
We would like to go further by explicitly providing the particular structure of this dependence on group behaviour. In particular, if one considers a network of links between agents, then the peer influence varies across agents in the network, and the intragroup externality we obtain is heterogeneous across agents. This heterogeneity reflects asymmetries in network locations across group members. Networks and peer effects are in the heart of most non-market relationships.
This course will be divided into two parts. Using graph theory, we will first present some of the main theoretical and empirical results of the network literature. We will then apply these results to urban economics and show how the social space affects the geographical space.



Yves Zénou
Professor of Economics /
Monash University, Australia
Estudiantes Javerianos Maestría en Economía o Carrera de Economía; egresados javerianos $2.000.000 COP
Estudiantes externos y profesionales nacionales o internacionales $2.244.000 COP


Macroeconomics with Heterogeneous Agents: Theory and Applications
Prerrequisito estudiantes de pregrado: Macroeconomía Avanzada I
Estudiantes de posgrado y profesionales: Teoría macroeconómica
Creditos: 4

July 2nd-5th and July 8th - 11th: 9am - 12m and 2-4pm (40h)

This course presents state-of-the-art models used in modern macroeconomics. We will study the quantitative macroeconomic literature that focuses on household heterogeneity, with a special emphasis on the standard incomplete markets model and its modern applications. Most of the material will be studied from a theoretical perspective, but we will put a lot of emphasis on the general picture. We will begin with an introduction to recursive methods and dynamic programming techniques. We will apply those methods to study the consumption and saving decisions of households in a partial equilibrium setting, emphasizing the role of precautionary behavior and liquidity constraints. We will also use the partial equilibrium approach to study different models of investment behavior, including the relationship between firms and financial markets. It turns out that investment theory is very relevant for modern debates on inequality. Then we will turn our attention to general equilibrium models. In particular, we will study the standard incomplete markets model, which is the main workhorse for studying heterogeneity and inequality in macroeconomics, and we will learn how to solve it. The second part of the course will focus on important, policy-relevant topics in order to illustrate the applicability and the greater realism of heterogeneous agents models: i) taxation, ii) recessions and stabilization policy, iii) firm heterogeneity, iv) long-run macro trends and v) social security.



Ignacio Gonzalez
Assistant Professor of Economics
American University (Washington D.C.)
Luis Eduardo Rojas
Research Fellow
IAE and MOVE, Barcelona, Spain


Estudiantes Javerianos Carrera de Economía o Maestría en Economía; egresados javerianos $2.000.000 COP

Estudiantes externos y profesionales nacionales o internacionales $2.244.000 COP


Economía Política: Autocracia, Democracia y Elecciones
Prerrequisito estudiantes de pregrado: Econometría Avanzada. Se recomienda haber cursado Microeconomia Avanzada I y Teoría de Juegos.
Estudiantes de posgrado y profesionales: se recomienda haber cursado Teoría Microeconómica y Econometría de Secciones Transversales
Creditos: 4

Junio 21, Junio 25 -29, Julio 2-6, Julio 8: 9am - 12.30pm (40h)

En la primera mitad del curso cubriremos algunas ideas centrales en la literatura de Economía Política. Comenzaremos discutiendo la naturaleza del poder político, diferentes tipos de instituciones políticas -democracias, autocracias-, y procesos de cambio institucional como democratizaciones, y revoluciones. Estudiaremos las consecuencias económicas y sociales de la democracia, problemas de agencia centrales en la arena política, la naturaleza de la corrupción, el problema de acción colectiva y la creación de capacidad estatal. La segunda mitad del curso se concentrará en examinar un componente básico de la democracia: las elecciones. En particular, estudiaremos como y bajo qué condiciones, las elecciones permiten la selección de buenos líderes y crean incentivos en los políticos de seguir los intereses de sus electores. La información disponible sobre los candidatos por los votantes, arreglos institucionales como la reelección, y la manera en que los votantes evalúan el desempeño de los políticos, recibirán especial atención. Hacia el final del curso exploraremos la forma en que las reglas electorales se rompen y las consecuencias que esto trae a la democracia.



Camilo Garcia Jimeno
Assistant Professor of Economics
Institute for Quantitative Theory and Methods at Emory
Miguel R. Rueda
Assistant Professor of Political Science
Emory University, USA


Estudiantes Javerianos Carrera de Economía o Maestría en Economía; egresados javerianos $2.000.000 COP

Estudiantes externos y profesionales nacionales o internacionales $2.244.000 COP


Multinational Firms, Contracts and Trade
Prerrequisito estudiantes de pregrado: Microeconomía Avanzada I
Prerrequisito para 
Estudiantes de posgrado y profesionales: Teoría Microeconómica
Creditos: 4

June 25th-29th, July 2th-6th: 2-5pm (40h que incluyen 10 horas de un curso previo de preparación en teoría de juegos para aquellos estudiantes que no han tomado la clase)

This course introduces students to firm-based theories of international trade, with a special focus on the organization of multinational value chains. After an introduction on key empirical regularities, we will aim to understand the determinants of firms decision to export or not, which foreign markets to enter, and the role of heterogeneity between firms in shaping those decisions. We will then study the international organization of production and analyze the key drivers for firms engagement in outsourcing and foreign direct investments. In the multinational context, contracts are often incomplete and difficult to enforce and we will study a variety of mechanisms how firms can deal with and manage these frictions.



Christian Fischer
Assistant Professor of International Economics
University of Bayreuth, Germany

Estudiantes Javerianos Carrera de Economía o Maestría en Economía; egresados javerianos  $2.000.000 COP
Estudiantes externos y profesionales nacionales o internacionales $2.244.000 COP

Logo_Facultad Ciencias Económicas y Administrativas - FCEA

Escuela Internacional en Economía


Lilia Salgado Burgos
Departamento de Economía