Neal Olitsky, PhD

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.

Translation of statistical concepts presented in ECO 332 into tasks in Microsoft Excel. Labs will consist of problems which will be solved step by step to foster an effective approach to statistical computing. Students will use hypothetical and real-world data when performing lab exercises. Topics covered in the lab will be the same as those covered in ECO 332.

Introduction to data and statistical methods used in economics. Descriptive statistics, probability distributions, sampling, estimation, confidence intervals, hypothesis testing, correlation, and regression including multiple regression are covered. Applications in economics with current economic data are emphasized.