Course Content

Academic Seminars I, II, III, IV, V and VI – 15 hours (1 credit)

1. Presentation of the program professors’ research themes to help students to decide the theme of their dissertations or theses.

Analysis of Complex Sample Data – 45 hours (3 credits), Portuguese

1. Introduction
2. Framework for statistical inference
3. Parametric models adjustment
4. Variance estimation in complex samples
5. Effects of the sampling plan
6. Regression models
7. Adjustment quality tests
8. Tests on two-way tables

Asset Pricing – 45 hours (3 credits), Portuguese

1. Theory of asset pricing
2. Finance in continuous time
3. Theory of portfolio
4. Empirical finance

Brazilian Economy – 45 hours (3 credits), Portuguese

1. Part I: The model of industrialization through import substitution
   1) Introduction
   2) Industrialization by import substitution (IIS)
   3) Cepal reviews on IIS
   4) Liberal criticism of IIS, debates
2. Part II: The collapse
   5) International scenario
   6) Debt and crisis
3. Part III: The reforms
   7) From the crisis to the reforms
   8) Stabilization
   9) Business and financial opening
   10) The State and the economy
   11) Rerforms in retrospect
4. Part IV: Contemporary Issues
   12) International insertion of Brazil
   13) Industry, productivity, industrial policy
   14) Inequality and social policies

Doctorate Thesis – 30 hours (2 credits), Portuguese

1. Development of the PhD thesis, from the research prepared under the supervision of a mentor professor, in order to demonstrate the systematization skill, mastery of the topic and the proper scientific methodology.

Economics of Technology – 45 hours (3 credits), Portuguese

1. Conceptual aspects of measurement and impact of technological changes
2. Conceptual aspects and measurement of technological knowledge transfers
3. Technological knowledge transfers per sector
4. Aspects of innovation and regional technological knowledge transfers

Financial Theory and Corporative Finances – 45 hours (3 credits), Portuguese

1. Capital markets and consumption-investment decision
2. Decisions of corporate consumption and investment under certainty
3. Decision under uncertainty, Stochastic Dominance, Mean-Variance Approach and the CAPM as a Risk Pricing Model
4. Finance-investment convergence
5. Evaluating projects in the DCF module of Economatics (FFCF)
6. Risk profile – Assessment by Stochastic Dominance
7. Tornado Analysis – Evaluating project sensitivity to interest variables
8. Full valuation – Cash flow simulation/Profit/Result expected in risk

International Economy – 45 hours (3 credits), Portuguese

1. Models for determining the exchange rate
2. Exchange rate and balance of payments
3. Traditional theory and the new theory of international trade
4. Trade in intermediate goods
5. Monopolistic competition and variety of products
6. Trade policy and the anti-dumping mechanism

Macroeconomic Theory I – 45 hours (3 credits), Portuguese

1. Introduction and tools
2. Long-term growth
3. Real cycles and nominal stiffness
4. DSGE Models

Macroeconomic Theory II – 45 hours (3 credits), Portuguese

1. Balance in new-classical and new Keynesian models
2. Optimal rules of the monetary policy
3. Loss analysis of social welfare
4. Independence and transparency of central banks

Master’s Degree Dissertation – 30 hours (2 credits), Portuguese

1. Development of Master’s dissertation, from the research prepared under the supervision of a mentor professor, in order to demonstrate the systematization skill, mastery of the topic and the proper scientific methodology.

Methodolody of Economic Science – 45 hours (3 credits), Portuguese

1. Part I: Philosophy of science and the ontological/epistemological debate
   1) Logical positivism and Popper’s alternative
   2) Theories of knowledge growth
   3) Critical realism
2. Part II: Methodological developments
   4) Relativism/idealism
   5) Agency X structure
   6) The legacy of positivism and economics
   7) Instrumentalism
3. Part III: Seminars
   8) Theoretical and methodological problems in the field of Economics

Methods of Regional Analysis I – 45 hours (3 credits), Portuguese

1. Introduction
2. Input Models
3. Models of general computable balance

Microeconomic Theory I – 45 hours (3 credits), Portuguese

1. Consumer theory
2. Uncertainty and risk
3. The theory of the firm
4. Partial balance
5. Public goods and externalities
6. General balance

Microeconomic Theory II – 45 hours (3 credits), Portuguese

1. Basic elements of non-cooperative games
2. Static games with complete information
3. Dynamic games with complete information
4. Static games with incomplete information
5. Dynamic games with incomplete information
6. Asymmetric information games
7. Games with uncertainty
8. Power of market

Multivariate Analysis – 45 hours (3 credits), Portuguese

1. Introduction to Multivariate Statistics
2. Multivariate Normal Distribution and Inferences on Multivariate Means
3. Principal Component Analysis (PCA)
4. Factor Analysis (FA).
5. Canonical Correlation Analysis (CCA)
6. Cluster Analysis (CA)
7. Alternative Approaches
8. Discriminant Analysis (DA)
9. Correspondence Analysis (CA)

Placement – 15 hours (1 credit), Portuguese

1. Finite and infinite sets
2. Sequence of real numbers
3. Topological notions
4. Function limits
5. Continuous functions
6. Derivatives
7. Derivates
8. Taylor’s Theorem

Placement in Statistics – 15 hours (1 credit), Portuguese

1. Basic Concepts of Probability Calculation
2. Some Discrete and Continuous Probability Distributions
3. Sampling Distributions
4. Parameter Estimation
5. Test of parametric hypotheses

Quantitative Methods I – 45 hours (3 credits), Portuguese

1. Calculation of several variables
2. Implicit functions and its derivatives
3. Optimization: quadratic forms and defined matrices
4. Eigenvalues ​​and eigenvectors
5. Unconditioned optimization
6. Optimization with restriction I: Conditions of the first order
7. Optimization with restrictions II
8. Homogeneous and homothetic functions
9. Concave and quasiconcave functions

Quantitative Methods II – 45 hours (3 credits), Portuguese

1. Multiple Regression Model
2. Uses and extensions of the MRM
3. Violation of assumptions and forecast
4. Introduction to systems of equations

Quantitative Methods III – 45 hours (3 credits), Portuguese

1. Stochastic processes
2. Concept of Estacio Ementa: nariedade (?)
3. ARIMA Models
4. ARCH-GARCH Models and Extensions
5. Unit root
6. Cointegration
7. VAR/VECM Models

Quantitative Methods IV – 45 hours (3 credits), Portuguese

1. Introduction
2. Conditional likelihood and least squares
3. Instrumental variables
4. Systems of equations
5. Simultaneous equations by instrumental variables
6. Linear models for panel data
7. Models of discrete choice and censored data

Spacial Econometry – 45 hours (3 credits), Portuguese

1. Introduction
2. Space weighting matrices
3. Exploratory spatial data analysis
4. Modeling spatial dependence
5. Estimating models with spatial dependence
6. Specifying and testing space dependence
7. Simultaneous equations system in space
8. Spatial models for limited dependent variable
9. Modeling observable spatial heterogeneity
10. Geographically weighted regression (GWR)
11. Spacial multilevel analysis
12. Models for data panel with spatial dependence
13. Space: the final frontier

Teaching Internship in Applied Economics – 30 hours (2 credits), Portuguese

Characterized by one of the following educational activities in the School of Economics at UFJF:

1. participation and monitoring of lectures at graduation, with the possibility of giving some lectures with the mandatory presence of the professor responsible for the subject if the student is a graduate one;
2. aid in the application of tests and evaluation processes;
3. preparing the script and structure of classes in the laboratory, as well as assistance in implementing them;
4. reinforcement work with student groups to solve the exercises proposed by the professor;
5. assistance in the development of teaching materials/exercises and computer activities;
6. paper grading and correction of extra-class exercises.

Theory of Regional Development – 45 hours (3 credits), Portuguese

1. Space, Regions and Economy
2. Reestruturação Produtiva e Globalização
3. Traditional development theories and policies
4. Theories of industrial location
5. Development model
6. Neoclassical theory of growth
7. New theories and policies on development