Introduction to Quantitative Economics

ECON 2000 Subject & Catalog Number

Description

Quantitative economics is the use of economic models to interpret data. The course proceeds through a series of economic settings, each of which motivates a canonical economic model. Readings and ungraded written reflections guide students through core concepts. Graded written work includes both pen-and-paper exercises designed to extend concepts and data exercises designed to apply them. Classroom discussion focuses on reviewing concepts, reflections, and exercises in parallel with students’ reading and written work. At the end of the course, students are prepared to begin using economic theory to interpret data. They are also prepared to continue the study of quantitative economics within particular subfields, where they may encounter more elaborate or specialized economic models, and more complex data structures. The course requires microeconomics at the level of Economics 2010a/b and econometrics at the level of Economics 2120 or 2140.