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USC Dornsife College of Letters, Arts and Sciences

However, credit risk of trade intermediaries, i.e. power traders, not being backed with as large tangible assets as energy generators, and earning a competitive profit margin on energy trade, might be considered as a category of players needing to model their credit risks at a most advanced level by replicating the already mature financial companies’ expertise. The present study addresses the above underlined issues in a more detail while having a particular focus on credit risk issues in the energy sector. . | 322 USC Dornsife College of Letters Arts and Sciences Economics Kaprielian Hall 300 213 740-8335 FAX 213 740-8543 Email econ@college.usc.edu Chair Simon J. Wilkie Ph.D. Faculty Robert R. and Kathryn A. Dockson Chair in Economics and International Relations Todd Sandler John Elliott Chair in Economics M. Hashem Pesaran Ph.D. Presidential Professor of Health Economics Daniel McFadden Ph.D. Policy Planning and Development University Professor Richard A. Easterlin Ph.D. Professors Dominic James Brewer Ph.D. Education Juan Carrillo Ph.D. Robert Dekle Ph.D. Gillian Hadfield Ph.D. J.D. Law Cheng Hsiao Ph.D. Ayse Imrohoroglu Ph.D. Business Selahattin Imrohoroglu Ph.D. Business Michael J. P. Magill Ph.D. John Matsusaka Ph.D. Business Edward J. McCaffery J.D. Law Hyungsik Roger Moon Ph.D. Kevin Murphy Ph.D. Business Jeffrey B. Nugent Ph.D. M. Hashem Pesaran Ph.D. Vincenzo Quadrini Ph.D. Business Harry W. Richardson M.A. Policy Planning and Development Geert Ridder Ph.D. John Strauss Ph.D. Guofu Tan Ph.D. Simon J. Wilkie Ph.D. Donald E. Yett Ph.D. Fernando Zapatero Ph.D. Business Associate Professors Caroline Betts Ph.D. Isabelle Brocas Ph.D. Harrison Hsueh-Cheng Cheng Ph.D. Michael E. DePrano Ph.D. Assistant Professors Giorgio Corcicelli Ph.D. Nina Walton Ph.D. Law Senior Lecturer Nake Kamrany Ph.D. Emeritus Professor Richard H. Day Ph.D. Recipient of university-wide or college teaching award Undergraduate Programs The economics curriculum is oriented toward a general liberal education. The study of economics requires adequate preparation in mathematics and statistics. The department offers a B.A. degree in economics a B.A. degree in social sciences a B.S. in Economics Mathematics and a minor in economics. Both B.A. degrees require a total of 32 upper division units for the major. Graduate Programs The department offers a Master of Arts in Economics a Master of Arts in Economic Developmental Programming a Master of Science in Mathematical Finance dual degrees with the USC .