Seminar in Computational Methods

E392 — Fall 2018

Location
Wylie Hall 101 or 125
Days and Times
Mon. and Wed. 9:30 a.m. - 10:45 a.m. Mon. and Wed. 2:30 p.m. - 3:45 p.m.
Course Description

Modern economic analysis is performed on computers. This course provides instruction in general basic programming and numerical methods, both widely applicable across economic fields and in disciplines outside of economics. Students will attain additional specific proficiency in the Dynare software, used by academic and policy economists around world. Macroeconomic models will be taught alongside computational techniques guiding students through a study of the macroeconomic conditions of a country of their choice.

Each student will produce two tangible products: (i) a completed policy document highlighting experiments run on a simulated model economy, and (ii) a one page executive summary of macroeconomic forecasts as one might perform in a private sector analyst positions. These reports will provide students explicit evidence of their skills to be shown to employers or in internship/graduate studies applications. Past placements of students include central banks, advanced degree programs (Ph.D., M.B.A., M.S.), and leading financial and consulting institutions in the private sector.