This course aims at providing students with comprehensive knowledge of money and financial markets, determination and behavior of interest rates, introducing to banking industry structure bank management and risk management decisions and banking and financial crises. It also detailed overview of central banking, monetary policy targets and conduct strategies.

This course presents international monetary and finance theory. Topics include exchange rates, fiscal and monetary policy in an open economy, balance of payment crises, different exchange rate regimes and sovereign debt.

This course covers topics in Maximum Likelihood Estimation, Qualitative and Limited Dependent Variable, and Duration models. In addition, this course places a special emphasis on practical applications of theory in empirical work. To achieve this goal the course includes several STATA lab sections and computer assignments. Another crucial component of this course is introduction to empirical literature relevant for the covered topics.

This course covers following topics: The rationale for privatization, drawbacks of regulation; The electricity industry: market structure templates, actors, organization; Markets for Electrical Energy; The effect of a forward market on competition in (energy) markets; Experimental testing of energy market design (effect of forward markets); Rigorous introduction to first-price and second-price auctions with private values under general assumptions; Revenue equivalence; Use of auctions in energy markets. Experimental testing of energy market design (discriminatory versus uniform price auction); challenges of the electricity industry of Georgia; Restructuring vertical integration in electricity markets.

This is an introductory course to Dynamic Economical Models. It aims to get across the essential and most important elements of Dynamics that are used in modern treatments of the subject. More significantly, it aims to do this through the means of different examples. Some of these examples are purely algebraic. But many of them consider basic and advanced economic models: both microeconomic and macroeconomic.
The goal of this course is to give students the skills necessary to apply Dynamical methods to theoretical and applied problems addressed by economists. We will cover several specific mathematical techniques and solve many problems. In addition to become adept at those techniques and problems, you should become sufficiently confident and sophisticated to be able to learn and utilize other techniques you may encounter in your career

This course presents the theory and practice of international trade policy and some advanced topics in international trade, in particular the theory of multinational enterprises and foreign direct investment.

Labor II is an extension of Labor I. Primary topics are: Efficiency Wages, Design of Optimal Contracts, Search in Labor Markets, Turnover and Matching, Labor Market Policies, Labor Migration.