1 99:59:59,999 --> 99:59:59,999 - [Christina] The most important thing that I try to pass on 2 99:59:59,999 --> 99:59:59,999 is the sense that economics is an empirical field, 3 99:59:59,999 --> 99:59:59,999 then if you get new empirical evidence, 4 99:59:59,999 --> 99:59:59,999 you're going to have to change the way 5 99:59:59,999 --> 99:59:59,999 you think about the economy. 6 99:59:59,999 --> 99:59:59,999 I think being open to that 7 99:59:59,999 --> 99:59:59,999 is the most important thing for a young economist to know. 8 99:59:59,999 --> 99:59:59,999 Economists -- not a group with a lot of Marys, Natashas or Juanitas, 9 99:59:59,999 --> 99:59:59,999 and that's caused a lot of controversy. 10 99:59:59,999 --> 99:59:59,999 However, what's often overlooked are the actual female economists 11 99:59:59,999 --> 99:59:59,999 who are pushing economics forward 12 99:59:59,999 --> 99:59:59,999 by addressing real-world issues. 13 99:59:59,999 --> 99:59:59,999 Welcome to Women in Economics. 14 99:59:59,999 --> 99:59:59,999 ♪ [music] ♪ 15 99:59:59,999 --> 99:59:59,999 I grew up in a family 16 99:59:59,999 --> 99:59:59,999 where public policy was discussed a lot. 17 99:59:59,999 --> 99:59:59,999 I was planning to be a lawyer, 18 99:59:59,999 --> 99:59:59,999 so I was going to major in Government. 19 99:59:59,999 --> 99:59:59,999 And as part of the Government major at my college, 20 99:59:59,999 --> 99:59:59,999 you had to take a year of Economics. 21 99:59:59,999 --> 99:59:59,999 I was about three weeks in, and I was hooked, 22 99:59:59,999 --> 99:59:59,999 like the government major's gone, the lawyer's gone, 23 99:59:59,999 --> 99:59:59,999 I was in an Economist. 24 99:59:59,999 --> 99:59:59,999 Christina Romer is a macro economic historian. 25 99:59:59,999 --> 99:59:59,999 She takes the tools of modern economics, 26 99:59:59,999 --> 99:59:59,999 statistics, and data 27 99:59:59,999 --> 99:59:59,999 and applies them to historical questions. 28 99:59:59,999 --> 99:59:59,999 - [Narrator] Christie's researcher agenda throughout her career 29 99:59:59,999 --> 99:59:59,999 has focused on a course set of topics 30 99:59:59,999 --> 99:59:59,999 about economic fluctuations and business cycles. 31 99:59:59,999 --> 99:59:59,999 She's been asking and answering fascinating questions about our economy, 32 99:59:59,999 --> 99:59:59,999 starting with her dissertation as a graduate student at MIT. 33 99:59:59,999 --> 99:59:59,999 There, she changed her understanding of how the economy has grown over time. 34 99:59:59,999 --> 99:59:59,999 I think the questions that came to me were about monetary policy and business cycles and the Great Depression.