Prerequisite: ECON604 and ECON603. Dynamic models are important tools to understand intertemporal individual choices and industry evolution. The course discusses a number of issues estimating and solving dynamic models, complimenting and building on the methods and topics introduced in 625. The course also covers models of endogenous product choice, matching and market design. There will be two main sets of assignments, where students simulate data by solving models, estimate models based on simulated or real data and perform counterfactual analyses. The students will also be expected to submit a research proposal.
Average GPA: 3.56 between 70 students
Average GPA: 3.63 between 88 students
"W"s are considered to be 0.0 quality points. "Other" grades are not factored into the average GPA calculation.