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Appendix: Personnel & Enrollment
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ECON
418P
Practicum
1 cr
Offered in fall and spring.
This practicum is structured to run parallel with ECON 418. Practical problems in economic model building. Formulation of static and dynamic models. Estimation of behavioral equations of illustrative and real models using econometric packages such as RATS, TSP, SORITEC, etc., with single-equation and simultaneous-equation methods. Testing hypotheses about economic theory. Calculation of forecasts.