Advanced Certificate in Inequality Analysis


Spring 2018 courses



ECON 508


Martha Tepepa

& Andrea Weber

 M        9:30 am-1:00 pm

Barringer House

Cross-listed: Gender and Sexuality Studies As countries around the world attempt to lessen the financial and political woes caused by the global economic crisis, discussions by policy makers and development organizations have again focused on the feminization of poverty. Many would say that a focus on womens income poverty within this context is a positive sign that gender issues are high on the international political agenda. But as women worldwide have to contend with low incomes as a result of labor force discrimination, and prejudicial gender biases in resource allocation within their homes and communities, this is only part of the story. It is important to conceptualize poverty as multidimensional in order to move beyond preconceived assumptions about the interconnections between women and poverty and extend the analysis to additional aspects such as urban displacement, sustainability and human rights. This seminar explores the historical development and multifaceted present?day realities of gender and poverty. We start with an overview of the characteristics of poverty in Latin America in comparison with the rest of the world; The historical development of the specific case of Argentina; the implementation and impact of job guarantee programs in general and Minsky's proposal for an Employer of Last Resort; and the application of a similar program, the Jefes y Jefas de Hogar program in Argentina, its origin and evolution from 2001 to the present focusing on fieldwork done in the Province of Buenos Aires. Class size: 15



ECON 538

 Seminar in Discrimination

Michael Martell

& Andrea Weber

 T        4:40 pm-7:00 pm


Cross-listed: Gender and Sexuality Studies  Many economists believe that markets are a relatively effective mechanism for coordinating wants and desires among members of society. Nevertheless we observe differences in economic outcomes for different groups of society. In this course we will explore the process through which differences in earnings manifest as well as the impact of these differences on wealth and well-being.  We pay particular attention to the role of discrimination in generating unequal outcomes in labor markets.  We will study discrimination with standard neo-classical approaches as well as through the analytical approaches of various schools of political economy including feminist, institutionalist, and Marxist.  We will discuss equality of economic opportunity and economic outcomes across, as well as relevant public policies for race, class, gender, sex and sexual orientation.  Class size: 15



Program Description



Economic inequality has been a prominent and perennial concern in economics and public policy. The rise in inequality that occurred during the 1970s and early 1980s stimulated interest in the study of its causes and consequences. The subsequent surge in globalization over the 1990s and early 2000s created a situation in which economic growth and prosperity no longer dramatically reduced economic inequality. The persistence of inequalities within nations and across nations demands innovative policy responses to alleviate inequality. From the World Bank to the United Nations to governments throughout the world, a greater understanding of wealth distribution is a necessary skill in today’s policy landscape. To address this need, the Central European University (CEU) and Bard College’s Levy Economics Institute are pairing to offer new responses to the distribution of wealth analysis through a joint Advanced Certificate in Inequality Analysis.

Masters level courses that leverage the combined expertise currently offered on both campuses will include instruction from faculty at CEU and Bard to be held at the Levy Institute and at the CEU’s Budapest and New York campuses. This certificate requires a minimum of 12 credits with the following distributions:


CEU-Bard Advanced Certificate Requirements

Minimum total of 12 credits

Distribution Areas:

·      Minimum two credits in Applied Microeconomics

·      Minimum two credits on Poverty, Inequality and Wealth (see below for Bard and CEU)

·      Minimum two credits on Econometrics (see below for Bard and CEU)

·      Minimum two credits on themes related to income and wealth: development, geographies, gender, labor


Courses will be offered individually and jointly by CEU and Bard faculty and to earn a certificate students must take courses offered by each.


Central European University:

With a diverse research-oriented program spanning finance, advanced statistical techniques, health-care economics and traditional theory tracks, the CEU Department of Economics and Business program serves a large and diverse set of fields to prepare students for a rapidly changing world. The global faculty and international student body enrich the program with diverse experience which translate well into job placement in both the public and private sector. CEU has campuses in Budapest, Hungary and Annandale-on-Hudson, New York.


Bard College’s Levy Institute:

For nearly three decades, the Levy Institute has maintained an active research program on the distribution of earnings, income, and wealth. Research in this area includes studies on the economic well-being of the elderly, public and private pensions, well-being over the life course, the role of assets in economic well-being, and the determinants of the accumulation of wealth. This area of micro-based analysis is an important supplement to the more macro-oriented offering of the Central European University for those interested in understanding poverty, inequality, income mobility and the related public policy concerns.


It is widely recognized that existing official measures of economic well-being need to be improved in order to generate accurate cross-sectional and intertemporal comparisons. The picture of economic well-being can vary significantly depending on the measure used. Alternative measures are also crucially important for the formulation and evaluation of a wide variety of social and economic policies. The Levy Institute’s public policy contributions in this arena involves active research and includes two important measures to bridge the current gaps in measurement and actual well-being.



For further inquiries, please contact:



CEU-New York

1442 Annandale Rd

PO Box 5000

Annandale-on-Hudson, NY 12571