Course Descriptions
Macroeconometric Modeling and Forecasting I

Macroeconometric Modeling and Forecasting I is an advanced level course. The objective of the course is to teach applied time series econometric techniques, including unit root tests, vector autoregressions (VARS), and vector error correction models (VECM). Furthermore, the course applies these time series tools to macroeconomic relationships involving, for example, money, prices, interest rates and income.

Topics included with Macroeconomic Modeling and Forecasting include:

• Stationarity Issues / Unit Root Testing
• VARS
• Granger Causality
• Impulse Response Analysis
• Cointegration Tests
• VECM