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Courses / Undergraduate / ECON

ECON 454

How to Use Data to Design Better Macro Policies

David William Fo Berger

Description from DukeHub

Recent increases in computational power and the availability of 'big data' have been transformational in empirical macroeconomics and macro policy. This course shows how large datasets and macro theory can be used to understand and make progress on some of the most important social and economic problems of our time. Topics include debt forgiveness and student debt, trends in inequality and market power, and how to address financial fragility (UI/minimum wage/UBI). For each class, we will read and discuss empirical papers on each topic, learn the relevant econometric techniques needed to understand them and then discuss how to best interpret this evidence using relevant macro theory.

Skills

AI-resilient: 1 of 5

  • No: Physical, lab or field work
  • No: Live work with people
  • Yes: Judgment someone is accountable for · "policies"
  • No: A craft you practice with your hands or body
  • No: Small, in-person format

The checks lean on Microsoft Research, Working with AI (2025), which found generative AI applies least to physical work and hands-on work with people. A signal, not a promise. How the score works

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