ECON 696 Research Methods in Economics
The course effectively considers research methods employed in microeconomic studies, macroeconomic studies, and econometric studies. As important, the course focuses strongly on research methods common to any type of economic study, such as effective literature reviews and technical writing tools. This course distinguishes across theoretical methods, empirical methods, and experimental methods. To the extent relevant, the course explores the links between theoretical methods and the other two methods. The course considers common theoretical methods (e.g., utility maximization), established empirical methods (e.g., difference-in-difference estimation), and standard experimental methods (e.g., blocked random assignment). Prerequisite: ECON 520; ECON 522 or ECON 523; and ECON 526.
Why study economics? Economics offers the tools you need to understand our increasingly interconnected world. With these tools, you can exploit "Big Data" to explore human behavior in numerous economic settings such as labor supply, consumption patterns, health care choices and energy use. You can also examine the overall economy by assessing the links among aggregate output, interest rates, inflation, unemployment levels and international exchange rates.
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