Descriptif
This applied macroeconomics lab course is designed for engineering students interested in the quantitative analysis of macroeconomic policies. The aim is to bridge theoretical macroeconomic concepts with hands-on empirical research and empirical model-building. A strong emphasis is placed on the practical application of macroeconomic modelling and data analysis in a policy-relevant context.
Objectifs pédagogiques
The course will begin with a series of introductory sessions covering core theoretical aspects of macroeconomic modelling, with a particular focus on fiscal sustainability or monetary policy analysis. Students will be introduced to key empirical methods used in applied macroeconomics.
Participants will then work in small groups on one of the two research projects outlined below. The final deliverable will include both a technical report, a functioning code, and a presentation of findings.
effectifs minimal / maximal:
2/12Diplôme(s) concerné(s)
Parcours de rattachement
Pour les étudiants du diplôme Titre d’Ingénieur diplômé de l’École polytechnique
Basic knowledge of macroeconomics is recommended (ECO3X061_EP, and ECO_42032_E). Programming experience (preferably in R or Python) is highly desirable.
Format des notes
Numérique sur 20Littérale/grade réduitPour les étudiants du diplôme Titre d’Ingénieur diplômé de l’École polytechnique
Programme détaillé
Project Options
- Fiscal Sustainability Simulator for European Countries
Students will contribute to the development of a macroeconomic simulator designed to assess fiscal sustainability across European countries. The simulator will incorporate both deterministic and stochastic modelling approaches. This project is developed in collaboration with the Observatoire Français des Conjonctures Économiques (OFCE), a leading independent economic research institute affiliated with the Fondation Nationale des Sciences Politiques (FNSP). The simulator is intended to support policy evaluation and fiscal scenario analysis in the European Union.
- Identification of Monetary Policy Shocks
This project focuses on constructing a standardized dataset for the identification of monetary policy shocks across different economic areas. Students will compile high-frequency data on monetary policy announcements and measure market responses via asset price revisions. These revisions will be analysed using principal component techniques to summarize and explore their information content. The goal is to produce a standardised toolkit for the identification of monetary policy shocks for comparative analysis across countries.