You are required to write an essay (2500-3000 words) on a research project you independently select and work on, and present your findings in class (a 8minutes presentation). You may seek an original topic you are interested in or replicate existing studies using new data. The following website also has some useful information. https://econ.williams.edu/onlineresources/ STATA log file or EVIEWS code should be provided as the appendix at the end of essay. 3 Presentations will take place during the final two or three weeks of classes. Concrete schedule will be announced later. Scores will be based on the following 5 aspects. (1) Completeness of structure; (2) Novelty of the topic and independence of research; (3) Economic analysis; (4) Quantitative results; (5) Articulation of question and results.