Eötvös Loránd University, Department of Econonomics
1117 Budapest, Pázmány Péter sétány 1/a

Macroeconomic statistics

The course addresses issues related to the understanding, applying and handling of economic statistics, but it also draws on macroeconomic theory and presents examples based on applied macroeconomic analysis. It assumes the knowledge of basic macroeconomics, but mainly draws on real-world examples, rather than formal models. The command over some elementary econometric techniques (i.e., OLS regressions) should be helpful, but the most important requirements of the course are the following:
• reading/processing the literature related to individual topics,
• active participation at the course
• preparing the individual and collective homework
• presenting the results of the homework at the course
• undertaking presentations in selected topics (based on the reading list; presentations are to be agreed upon individually, at the beginning of the course)

Goals of the course:
The aims of the course are twofold. On the one hand, it intends to provide general information on the sources, content, uses and handling of macroeconomic statistics. It also seeks to frame and "translate" macroeconomic relationships to the "language" (concepts and definitions) used by macroeconomic statistics (SNA, ESA), and vice versa: to demonstrate the relevance of statistical concepts and sources for macroeconomic analysis.

On the other hand, it wishes to demonstrate the uses of macroeconomic statistics by drawing on three practical examples. These include:
• international competitiveness;
• macroeconomic sustainability (interrelations between debt, deficits and economic growth) and
• economic convergence/catching up (involving issues related to both real and nominal/price) convergence

Macroeconomic statistics downloadable syllabus

Macroeconomic statistics downloadable slides

Macroeconomic statistics downloadable handouts

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