DELAWARE, Ohio – Ohio Wesleyan University this fall is adding a new major in quantitative economics that prepares students to analyze economic issues, explore theories, and predict future conditions using statistical procedures and mathematical models.
Potential careers for quantitative economics majors include financial analyst, economic forecaster, investment banker, benefits analyst, and other jobs requiring workers skilled in interpreting, analyzing, and presenting data.
While you're here, how about this:
Newsletter: Coronavirus Closes China - Real Time Economics - WSJ
This is the web version of the WSJ's newsletter on the economy. You can sign up for daily delivery here. If China Sneezes, Will the World Economy Catch Cold? Coronavirus is closing China to the world. That’s straining the global economy. Uncertainty over the virus has disrupted worldwide trade and supply chains, depressed asset prices, […]
Level-up economics: Democrats' policy debates can realign American politics | TheHill
Regardless of who wins, places or shows in the Iowa caucuses tomorrow, this much is certain. The eventual Democratic nominee will confront two big challenges in the general election: how to unify and energize the party's progressive and moderate wings while attracting a healthy majority of the nearly 40 percent of voters who consider themselves independents; and how to neutralize or even turn the tables on the opposition's central argument about the strength of the economy.
The coronavirus is becoming a global economic threat - Axios
The coronavirus has the potential to be as damaging to the global economy as the U.S.-China trade war, economists tell Axios, and if not contained could wreak havoc on businesses across the globe, with great uncertainty over how bad things could get.
State of play: "If this virus begins to mutate rapidly so that it becomes increasingly more difficult to find a cure for it, that would be extremely alarming," Bernard Baumohl, chief global economist at the Economic Outlook Group, tells Axios.
This may worth something:
Subscribe to read | Financial Times
The Potential Economic Impact Of The Reaction To The Coronavirus
The business reaction is more worrisome. Many airlines have already cancelled flights into and out of China (obviously, demand is way down, but the pilots and crews are also revolting). Some multinational corporations have closed their stores, and it appears that many businesses in China are adding a week to the lunar New Year holiday, meaning operations will be on hold for that extra week. The U.S.
In the end, there is no doubt that the over-reaction to the coronavirus is going to impact economic activity. The question is, by how much? Since this is just over a week old, trying to judge the business impact is impossible. But some still try. I've seen various estimates for China, all the way from mild (Q1 GDP growth of 5.9%) to severe (Q1 GDP growth of 2.0%; this latter from The Economist ).
SARS Stung the Global Economy. The Coronavirus Is a Greater Menace. - The New York Times
In 2002, when a lethal, pneumonialike virus known as SARS emerged in China, the country's factories were mostly churning out low-cost goods like T-shirts and sneakers for customers around the world.
Seventeen years later, another deadly virus is spreading rapidly through the world's most populous country. But China has evolved into a principal element of the global economy, making the epidemic a substantially more potent threat to fortunes.
International companies that rely on Chinese factories to make their products and depend on Chinese consumers for sales are already warning of costly problems.
European Economic Growth Slows Almost to Zero - The New York Times
Friday was not a good day for Europe. As the European Union officially became smaller, losing Britain as a member, new data showed that economic growth in the bloc came almost to a standstill and that it is in danger of slipping into recession.
The 28 countries in the European Union grew only 0.1 percent during the last three months of 2019 compared with the previous quarter, according to official statistics . The eurozone, the region that includes 19 of those countries that use the euro, grew by the same amount in that period.
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