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Institution:
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Williams College
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Subject:
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Economics
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Description:
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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 important and integral part of the course, but no previous training is expected. Economics majors who are considering writing an honors thesis on related topics are encouraged to enroll in this course during the spring semester of their junior year. Students studying abroad during their junior year may nonetheless take this course during their senior year.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Economics 252, Economics 255 or equivalent, and Economics 393 (Economics 360 may substitute for Economics 393); not open to students who have taken Economics 471
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Seminar
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(413) 597-3131
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Regional Accreditation:
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New England Association of Schools and Colleges
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Calendar System:
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Four-one-four plan
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