Economists develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “Economic Models,” p. 8). For ...

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Compare how the Nordic model’s high taxes fund social welfare with the U.S.’s lower taxes and limited social support, ...

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Spatial econometrics integrates geographical context into the analysis of economic growth, recognising that regions do not evolve in isolation but are influenced by their neighbours through economic, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...

The ECB recalibrated its economic models with AI and machine learning, forecasting 3.0% inflation and 0.8% GDP growth for ...

Learn how to connect research to real-world trends. Our M.S. in Applied Economics program prepares you to evaluate policies and programs, develop forecasts, better understand consumer behavior, and ...