ECON 464(S) (formerly 367) Empirical Methods in Macroeconomic (Same as Economics 514) (Q)
Macroeconomics and related fields in international finance and development
have evolved specialized empirical techniques, known generally as macroeconometrics, which are designed to meet the practical challenges that the data and
the empirical questions pose in these fields. The course will introduce the theory
and application of these techniques, and students will learn how to implement
these techniques using real world data to address practical questions drawn from
the fields of macro, international finance and development. Topics to which
these techniques will be applied include business cycle analysis and forecasting,
sources of exchange rate volatility and determinants of long run economic
growth. Computer work and programming will be an integral part of the course,
but no previous training is expected.
Format: seminar. Requirements: short empirical projects, midterm, term paper.
Prerequisites: Economics 251, Economics 255 or equivalent, and Economics
360. Enrollment limit: 19 (expected: 19). Preference will be given to senior Economics majors.