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Professor Underwood earned his Ph.D. in Economics from Colorado State University in 2013. His dissertation examines the role of demographic change, especially declining household size, in determination of household expenditures and the resulting carbon dioxide emissions. He has since published in several academic journals, including the Journal of Risk and Uncertainty, Energy Policy, Ecological Economics, The Journal of Economic Education, and Review of Political Economy. His research interests include household energy use and emissions, the environmental implications of urban density and the sharing economy, the challenges for climate change mitigation posed by demographic change, and economic education. Professor Underwood regularly teaches environmental economics, econometrics, and microeconomics. In his advanced econometrics course, students practice the importance of reproducible and transparent methods in research through completion of their own empirical research project, which is also the focus of a 2019 publication in The Journal of Economic Education with Professor Emily Marshall. He also teaches courses in population and urban economics and is a contributing faculty member in the Data Analytics department.
ECON 298 Econometrics
This course is an introduction to econometrics in which the tools of economic theory, mathematics, and statistical inference are applied to the analysis of economic data. Students will develop foundational knowledge of applied statistics and econometrics through exploration of empirical techniques relevant to quantitative economics including probability, estimation, hypothesis testing, correlation, modeling, simple and multiple linear regression analysis, and time series analysis. In addition, this course will cover basic extensions of a multiple linear regression model such as dummy variables and interaction terms. Students will use Stata, or other statistical analysis software widely used in economics, to understand and apply empirical work.Prerequisite: ECON 111 and ECON 112; MATH 170 and (MATH 121 or MATH 225 or INBM 220 or COMP 180 or DATA 180 or MATH 180)
ECON 496 Econ Demog & Sustain Develop
Permission of Instructor Required. Demography is the study of the determinants and consequences of population change. It is concerned with effectively everything that influences or can be influenced by population size, population growth or decline, population processes, population spatial distribution, population structure, and population characteristics. As we go from the historical pattern of high birth and death rates to the increasingly common pattern of low birth and death rates, we pass through the demographic transition. This is actually a whole set of transitions relating to changes in health and mortality, fertility, migration, age structure, urbanization, and family and household structure. Each of these separate, but interrelated, changes have serious consequences for the way societies and economies work and the natural environment they are built upon.
Thus, the objectives of this course are threefold: (1) to develop knowledge of the underlying demographic theories explaining these transitions; (2) to use this knowledge to understand the interrelationships between these transitions; and (3) to determine the implications of these transitions for sustainable development, that is, for social, economic, and environmental sustainability. Some questions we will consider include (but are not limited to): Why are so many adults living alone? Why are women having fewer babies? What impact do sub-replacement birth rates have on economies and societies? What role do the rights of women have in demographic transitions? Why are adults waiting so long to get married or not getting married at all? What happens when the population ages? Why are more and more people choosing to live in cities? Is this expected growth of cities sustainable?
Often for familiarity and simplicity we will use data and readings focused on the United States, but since these transitions have evolved in ways that vary from one part of the world to another, this course will often have a necessarily international focus. Naturally, given the expansive subject matter, this course will require much from you – it is reading and writing intensive.
ECON 398 Advanced Econometrics
This course covers some advanced topics in applied econometrics. Students will apply multiple regression analysis to both cross-sectional and longitudinal (panel) data to familiarize students with a variety of advanced econometric techniques including instrumental variable analysis, differences-in-differences methods, limited dependent variable models, and dynamic panel analysis. Students will conduct individual empirical research projects using Stata, or other statistical analysis software widely used in economics, to enable students to understand and apply the conventions of empirical research in economics. We will cover elements of technical writing, reviewing existing literature, data collection and organization, and file management for complete transparency and reproducibility.
Prerequisites: 268 or 278, and 298.
ECON 496 Econ Demog & Sustain Develop
Permission of Instructor Required. Demography is the study of the determinants and consequences of population change. It is concerned with effectively everything that influences or can be influenced by population size, population growth or decline, population processes, population spatial distribution, population structure, and population characteristics. As we go from the historical pattern of high birth and death rates to the increasingly common pattern of low birth and death rates, we pass through the demographic transition. This is actually a whole set of transitions relating to changes in health and mortality, fertility, migration, age structure, urbanization, and family and household structure. Each of these separate, but interrelated, changes have serious consequences for the way societies and economies work and the natural environment they are built upon. Thus, the objectives of this course are threefold: (1) to develop knowledge of the underlying demographic theories explaining these transitions; (2) to use this knowledge to understand the interrelationships between these transitions; and (3) to determine the implications of these transitions for sustainable development, that is, for social, economic, and environmental sustainability. Some questions we will consider include (but are not limited to): Why are so many adults living alone? Why are women having fewer babies? What impact do sub-replacement birth rates have on economies and societies? What role do the rights of women have in demographic transitions? Why are adults waiting so long to get married or not getting married at all? What happens when the population ages? Why are more and more people choosing to live in cities? Is this expected growth of cities sustainable? Often for familiarity and simplicity we will use data and readings focused on the United States, but since these transitions have evolved in ways that vary from one part of the world to another, this course will often have a necessarily international focus. Naturally, given the expansive subject matter, this course will require much from you - it is reading and writing intensive.