The Department of Economics is happy to announce its Certificate in Economic Analytics! When analyzing data, economists use many of the same statistical tools as other disciplines. However, economists have a tradition of formally combining data analysis with economic models, giving a different perspective on data and how to think about data analysis. This certificate will introduce non-Econ majors to this economic approach to data analytics.
An economist’s approach to data analysis has two distinguishing features. First, economists traditionally interpret observational data through the lens of an economic model. This often leads to an explicit derivation of the data- generating process, typically involving individual optimization. Second, economists tend to focus on identification and causal inference more than many other disciplines. This involves looking for combinations of data and empirical approaches that allow empirical relationships to be interpreted causally.
This certificate will introduce students to this perspective and these tools, by teaching students a mix of microeconomic theory, statistics and econometrics, and hands-on experience analyzing real data.
|Complete one option from each category:||Credits|
|Microeconomics (complete one course)||3-4|
|ECON 301||Intermediate Microeconomic Theory|
|ECON 311||Intermediate Microeconomic Theory – Advanced Treatment|
|Statistics (complete one option)||4-8|
|ECON 310||Statistics: Measurement in Economics|
|STAT 240||Introduction to Data Modeling I|
|& STAT 340||Introduction to Data Modeling II|
|STAT 303||R for Statistics I|
|& STAT 333||Applied Regression Analysis|
|Econometrics (complete one course)||4|
|ECON 400||Introduction to Applied Econometrics|
|ECON 410||Introductory Econometrics|
|Data-Related Economics Elective (complete one course)||3-4|
|ECON 460||Economic Forecasting|
|ECON 570||Fundamentals of Data Analytics for Economists|
|ECON 695||Topics in Economic Data Analysis|
Declaring a Certificate in Economic Analytics
Non-declared Econ students will be able to declare beginning Fall 2021. There will be no pre-reqs needed to declare this certificate, and this certificate is only for non-Econ majors. Check back soon for information regarding the declaration process!
Is enrolling in Summer Courses an option for you? All of our courses taught during the Summer term will be offered online! Check out which certificate courses are going to be offered!
Meet with an Advisor!
If you’re wondering how this certificate can fit into your academic plans or help with your career goals, be sure to meet with an advisor! Our Academic Advisors can help you create an academic plan and ensure you are making the most of your academic experience.
With a new Certificate, we are sure you may have lots of questions. Check back soon for answers to many of your questions!