Bharat Bhole

Department Chair

Department of Economics

College of Liberal Arts

blbgse@rit.edu

585-475-7954

Office Location

EAS-1337

Bharat Bhole

Department Chair

Department of Economics

College of Liberal Arts

Education

BA, MA, University of Mumbai (India); Ph.D., University of Southern California

blbgse@rit.edu

585-475-7954

Personal Links

Curriculum Vitae

Select Scholarship

Bharat Bhole and Jeffrey Wagner. “The Joint Use of Regulation and Strict Liability with Multidimensional Care and Uncertain Conviction”, International Review of Law and Economics 28 (2008), 123-132

Bharat Bhole and Sean Ogden. “Group Lending and Individual Lending with Strategic Default”, Journal of Development Economics 91 (2010), 348-363

Bharat Bhole and Jeffrey Wagner. “Punitive Damages and Recklessness Requirement with Uninformed Injurers”, International Review of Law and Economics 30 (2010), 253-264

Bharat Bhole and Sunita Surana. “Electricity Prices and the Commitment to Energy Efficiency”, Energy Efficiency, 4 (2011), 9-16

Bharat Bhole and Bríd Hanna. “Word-of-Mouth Communication and Demand for Products with Different Quality Levels”, Computational Economics, (July, 2014).

Bharat Bhole and Bríd Hanna. “The Effectiveness of Online Reviews in the Presence of Self-selection Bias”, Simulation Modelling Practice and Theory 77 (September, 2017), 108-123

Currently Teaching

ECON-100

Foundational Seminar in Economics

0 Credits

This course is designed to introduce new students in the economics program (freshmen and external and internal transfers) to the application of economic analysis in academia, business, government and the not-for-profit sector. Students will be exposed to the research and consulting activities undertaken by academic economists and economic practitioners as well as a discussion of the career outcomes of the alumni of the RIT economics program.

ECON-101

Principles of Microeconomics

3 Credits

Microeconomics studies the workings of individual markets. That is, it examines the interaction of the demanders of goods and services with the suppliers of those goods and services. It explores how the behavior of consumers (demanders), the behavior of producers (suppliers), and the level of market competition influence market outcomes.

ECON-410

Game Theory with Economic Applications

3 Credits

Game theory uses a mathematical approach to study situations of strategic interdependence, i.e., situations with two or more players in which each player's decision influences payoffs of other players and players are aware of this fact when making their decisions. Game theory has been applied to understand diverse economic, political and biological phenomena. We will study how to formulate situations of strategic interdependence as game theoretic models; how to explain/predict behavior of the parties involved, through the use of various equilibrium concepts; and/or identify guidelines for appropriate behavior. The concepts and methods will be illustrated with many examples. The objective is to introduce you to language of game theory and its methodology, and to develop analytical reasoning skills.

ECON-411

Computational Economics

3 Credits

The objective of the course is to introduce students to computational modeling in economics. The course is intended for students who wish to learn what role computation can play in economics, how to create computational models for studying economic phenomena, and how to use these computational economic models to draw insights into economic phenomena. We will use programming languages such as Julia, Python and R for modeling and analysis.

ECON-510

Economics Capstone Experience

0 Credits

This course registers the student’s completion of the capstone experience required for economics majors. The requirement can be fulfilled by either presenting a class paper at an approved on-campus or off-campus research conference or submitting a solo-authored or co-authored research paper to a peer-reviewed journal. Economics students experience conducting research and presenting their findings before an audience of their peers and professionals in the field. Students are sponsored by a faculty member, developing their pre-professional skills while learning how to do research first hand. Double-majors who satisfactorily complete a capstone experience in their primary major automatically fulfill the economics capstone experience requirement.