Lecture, three hours. Requisites: courses 430, 431. Limited to Master of Quantitative Economics students. Outlook of economy is of vital importance for many key decisions. Introduction to theory and application of cutting-edge tools used by economists and business leaders to inform their views of economy. These tools are applied to forecast or nowcast key economic indicators such as inflation, unemployment, and gross domestic product. Examination of how forecasts of fundamentals can be used to inform our views on asset prices. Letter grading.