Lecture "Empirische Wirtschaftsforschung"
Empirische Wirtschaftsforschung is about analysing the economic situation with the aid of data and statistical methods to derive economic sytsems. Examples are the compilation of economic forecasts and evaluation of the use of economic instruments. Methodical focuses are foundations and application problems of the least-squares estimator. Economic fields of application are for example the creation of aggregate economic forecasts, the estimation of returns to education and the empirical analysis of the determinants of exchange rate developments.