IEOR (산업공학)과 학생들이 과 밖에서 들은 수업에 대해 개인적인 견해를 적은 글을 올립니다.
일단, 모든 의견들은 개인적 견해일 뿐이니 그저 참고만 하세요.
혹시 맘에 안 드는 글귀나 의견이 있으셔도 너그러이 보아주시기 바랍니다. 반대 의견을 올려 주셔도 좋구요
어디까지나 비공식적인, 그냥 서로 의견 교환하자고 만든 파일이니까요.
Information on some of the classes offered outside the
department
December, 2003
The following information was provided by some of our students who have taken classes in
other departments. It is intended to help IEOR students in finding useful courses outside
the department. Note, that in some cases different students had different opinion about
the same course.
ECON 201A (Economic Theory)
Goldman and Rabin, Fall 2002; MasCollell Microeconomic Theory"; Gibbons Game
Theory for Applied Economists"
Good introduction to microeconomics, I think. The first half covers the general
theories in microeconomics (if you have no background on economics like me, could
be a tricky part), and the second half covers game theory. Not too hard to follow,
but takes time to deal with the homework. The instructor recommends to take
undergrad course first, and I agree if you have not taken any in your life time.
The course was really good for me. It is a very introductory course, especially in
the game theory part, which was perfect for me who had never heard about that
before.
ECON 201B (Economic Theory)
² Hermalin and Shannon, Spring 2003
The course has two parts. The first part is price theory and the professor was Ben.
Hermalin. He is an excellent teacher, very clear. It was very helpful. There was no
text required.
The second part is general equilibrium by professor Chris Shannon. It was terrible.
I think the methodology was so bad that nobody understood anything.
Conclusion: Take the course Pass/No pass, get an A or A+ in the first half, and
sleep in the second half.
² Rabin and Kosgezi, Spring 2002
The first half was quite fun, Game Theory, which many economists struggle with
but I think is just fun and easy for Engineers, however the second half (Competition
in Firms) uses many Economy concepts which if you haven't taken 201A you'll have
to study on your own. The problem was the professor (Kosgezi) was bad. But the
stuff is interesting of its own right.
² Rabin and Farell (Two professors)
Each professor teaches half of the semester. This course is mainly on the utility
theory and game theory. You can take this course without background of ECON
201A, but Prof.Farell's part is a little bit hard without it.
² Spring 1996, text: Varian ????
Covers various games in the economic context. A very interesting course, but in-
structor's teaching skill is essential to get a good understanting of material. Re-
comend to anyone interested in pricing.
ECON 204 (Mathematical Tools for Economics)
Anderson and Ruud, Fall 2001
Math for economists..I liked this class, it had everything from Real Analysis, Measure
Theory, DP, Di? Eq, but mostly the real analysis was helpful. I can do proofs now
without going through the torture of a real scary math class..If you are good at this stuff
already however, it could be a bore (not all parts but some at least).
ECON 206 (Mechanism Design and Agency Theory)
John Morgan, Fall 2002; none, mostly journal articles
Excellent class going over applied models in the area of agency, contract, and auction
theory. Much better than a core class in agency theory because the focus was not on
developing basic models, but rather on ways in which they've been applied to help ex-
plain real-life economic outcomes. Some examples include: - Abject slection models in
explaining credit rationing and why the Modigliani-Miller Theorem fails in practice
- Development of the revenue equivallence theorem for auctions and using an auction
model to rate the e?ectiveness of proposed tort reform in the US
- The use of Vickery-Clarke-Groves auction mechanisms in multi-commodity auctions
- and lots of other things I can't remember o? the top of my head!
ECON 207A (Mathematical Economics)
First in a series of of two courses. Covers tools for rigorous mathematical formulation and
analysis of macro and micro-economic problems like correspondences, upper and lower
semicontinuity, Minikowski's theorem (separating hyperplane theorem for convex sets),
the Caratheodory and Shapley-Folkman theorems, Brouwer's and Kakutani's ¯xed point
theorems, and the like. Also explores several classical papers in Mathematical economics
and their theoretical contributions.
ECON 209A (Theory and Application of Non-Cooperative Games)
Matt Rabin
Game Theory Continuation class to ECON 201B (Micro Theory). I took it with Matt
Rabin. He goes over material in 201 more formally and then covers topics in game
theory-sequential equilibrium, infinitely repeated games, signalling, reputations etc. The
emphasis is more on theory. Assignments keep you very busy, but he's very helpful in
his office hours. Midterm and final, usually in class, are easier compared to some of the
homework.
ECON 220A (Industrial Organization)
Prof. Gilbert, Fall 2002, Triole Introduction to Industrial Organization"
This course was interesting but very wishy washy. It covered integration, product di?er-
entiation, bundling, Entry Detterence, etc. The book however is pretty good, Intro to
IO by Triole. I think that depending on the Prof. the course would be very di?erent
but it certainly was interesting. The homework problems were hard because you need to
make so many assumptions, that maybe as a non Econ person you don't know if they are
reasonable.
He gave the option of taking the exam or writing a paper. I chose paper, and I think
learned more because of it.
ECON 241A (Econometrics)
Prof. Routhenberger, Spring 1996, Amemiya Advanced econometrics"
Covers all regression models except time series models that are covered in ECON 241B.
If interested in emperical work, don't take the course with Routhenberger. The course
with him is more like a theoretical statistics course.
일단, 모든 의견들은 개인적 견해일 뿐이니 그저 참고만 하세요.
혹시 맘에 안 드는 글귀나 의견이 있으셔도 너그러이 보아주시기 바랍니다. 반대 의견을 올려 주셔도 좋구요
어디까지나 비공식적인, 그냥 서로 의견 교환하자고 만든 파일이니까요.
Information on some of the classes offered outside the
department
December, 2003
The following information was provided by some of our students who have taken classes in
other departments. It is intended to help IEOR students in finding useful courses outside
the department. Note, that in some cases different students had different opinion about
the same course.
ECON 201A (Economic Theory)
Goldman and Rabin, Fall 2002; MasCollell Microeconomic Theory"; Gibbons Game
Theory for Applied Economists"
Good introduction to microeconomics, I think. The first half covers the general
theories in microeconomics (if you have no background on economics like me, could
be a tricky part), and the second half covers game theory. Not too hard to follow,
but takes time to deal with the homework. The instructor recommends to take
undergrad course first, and I agree if you have not taken any in your life time.
The course was really good for me. It is a very introductory course, especially in
the game theory part, which was perfect for me who had never heard about that
before.
ECON 201B (Economic Theory)
² Hermalin and Shannon, Spring 2003
The course has two parts. The first part is price theory and the professor was Ben.
Hermalin. He is an excellent teacher, very clear. It was very helpful. There was no
text required.
The second part is general equilibrium by professor Chris Shannon. It was terrible.
I think the methodology was so bad that nobody understood anything.
Conclusion: Take the course Pass/No pass, get an A or A+ in the first half, and
sleep in the second half.
² Rabin and Kosgezi, Spring 2002
The first half was quite fun, Game Theory, which many economists struggle with
but I think is just fun and easy for Engineers, however the second half (Competition
in Firms) uses many Economy concepts which if you haven't taken 201A you'll have
to study on your own. The problem was the professor (Kosgezi) was bad. But the
stuff is interesting of its own right.
² Rabin and Farell (Two professors)
Each professor teaches half of the semester. This course is mainly on the utility
theory and game theory. You can take this course without background of ECON
201A, but Prof.Farell's part is a little bit hard without it.
² Spring 1996, text: Varian ????
Covers various games in the economic context. A very interesting course, but in-
structor's teaching skill is essential to get a good understanting of material. Re-
comend to anyone interested in pricing.
ECON 204 (Mathematical Tools for Economics)
Anderson and Ruud, Fall 2001
Math for economists..I liked this class, it had everything from Real Analysis, Measure
Theory, DP, Di? Eq, but mostly the real analysis was helpful. I can do proofs now
without going through the torture of a real scary math class..If you are good at this stuff
already however, it could be a bore (not all parts but some at least).
ECON 206 (Mechanism Design and Agency Theory)
John Morgan, Fall 2002; none, mostly journal articles
Excellent class going over applied models in the area of agency, contract, and auction
theory. Much better than a core class in agency theory because the focus was not on
developing basic models, but rather on ways in which they've been applied to help ex-
plain real-life economic outcomes. Some examples include: - Abject slection models in
explaining credit rationing and why the Modigliani-Miller Theorem fails in practice
- Development of the revenue equivallence theorem for auctions and using an auction
model to rate the e?ectiveness of proposed tort reform in the US
- The use of Vickery-Clarke-Groves auction mechanisms in multi-commodity auctions
- and lots of other things I can't remember o? the top of my head!
ECON 207A (Mathematical Economics)
First in a series of of two courses. Covers tools for rigorous mathematical formulation and
analysis of macro and micro-economic problems like correspondences, upper and lower
semicontinuity, Minikowski's theorem (separating hyperplane theorem for convex sets),
the Caratheodory and Shapley-Folkman theorems, Brouwer's and Kakutani's ¯xed point
theorems, and the like. Also explores several classical papers in Mathematical economics
and their theoretical contributions.
ECON 209A (Theory and Application of Non-Cooperative Games)
Matt Rabin
Game Theory Continuation class to ECON 201B (Micro Theory). I took it with Matt
Rabin. He goes over material in 201 more formally and then covers topics in game
theory-sequential equilibrium, infinitely repeated games, signalling, reputations etc. The
emphasis is more on theory. Assignments keep you very busy, but he's very helpful in
his office hours. Midterm and final, usually in class, are easier compared to some of the
homework.
ECON 220A (Industrial Organization)
Prof. Gilbert, Fall 2002, Triole Introduction to Industrial Organization"
This course was interesting but very wishy washy. It covered integration, product di?er-
entiation, bundling, Entry Detterence, etc. The book however is pretty good, Intro to
IO by Triole. I think that depending on the Prof. the course would be very di?erent
but it certainly was interesting. The homework problems were hard because you need to
make so many assumptions, that maybe as a non Econ person you don't know if they are
reasonable.
He gave the option of taking the exam or writing a paper. I chose paper, and I think
learned more because of it.
ECON 241A (Econometrics)
Prof. Routhenberger, Spring 1996, Amemiya Advanced econometrics"
Covers all regression models except time series models that are covered in ECON 241B.
If interested in emperical work, don't take the course with Routhenberger. The course
with him is more like a theoretical statistics course.
