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This course introduces students to econometric approaches to asking and answering questions about the economy relating to employment, health, and well-being. The primary aim of the course is to understand how economists analyze data to determine causal effect. We will analyze data sets to ask and answer socioeconomic questions such as: What factors affect a person’s income, and how do we know? How might we investigate the main causes of unemployment?
Economic inequality is often described in terms of uneven distribution of income and wealth. Yet, more importantly, it reflects uneven access to opportunities, advantages, and life chances. Why do some people enjoy a higher standard of living and better quality of life than others? Are such inequalities fair and just? What role do history, policy, and institutions play in sustaining or reducing inequality?