Neal Olitsky, PhD

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
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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.
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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.
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