Biyan Tang

Survey of introductory macroeconomics with focus on economic growth, unemployment, and inflation. Topics covered include national income accounting, inflation, unemployment, fiscal policy, money, the banking system, and monetary policy. Balance of payments and currency exchange rate issues are analyzed. Cross-listed as PST 232

Survey of introductory macroeconomics with focus on economic growth, unemployment, and inflation. Topics covered include national income accounting, inflation, unemployment, fiscal policy, money, the banking system, and monetary policy. Balance of payments and currency exchange rate issues are analyzed. Cross-listed as PST 232

A one-semester course in contemporary intermediate macro theory. Covers issues in economic growth, unemployment, and inflation. Develops and contrasts the New Classical (equilibrium) and Neo-Keynesian (disequilibrium) models in the aggregate demand/aggregate supply framework for both closed and open economies. Policy implications of each model are discussed. Introduces students to sources of macroeconomic data.

Introduction to econometrics including development of basic techniques of bivariate and multivariate linear regression analysis; use of lagged variable and dummy variables in model building; problems of multicollinearity, autocorrelation and heteroscedasticity.

Translation of statistical concepts presented in Econometrics (ECO 333) into STATA. Labs teach basic functions in STATA such as data manipulation, variable construction, simple programming, regression, statistical testing and prediction. Labs consist of examples which will be solved step-by-step to foster an effective approach to statistical computing. The topics covered in labs correspond to those covered in ECO 333.