This course covers estimating, testing, and forecasting time series models. Topics include ARIMA models, volatility models, unit roots, spurious regression, cointegration, VAR models, and Granger casuality. There will be an emphasis on macroeconomic applications, such as studying the relationships between unemployment and inflation (i.e., the Phillips curve); unemployment and GDP (i.e., Okun’s Law); the macroeconomy and various shocks; and the term structure of interest rates.