Download ECON 3818-001 Introduction to Economic Statistics

ECON 3818-200
Professor Byung-Joo Lee
Office: Econ 1 O
Phone: 492-2108
Intro to Economic Statistics
Fall 1989
Office Hours: Tue./Thu. 2:00-3:30
DESCRIPTION:
This course teaches introductory economic statistics and econometric theory which
will develop the methods used for empirical implementation and testing of
relationship among economic variables. Computer application of real economic
data will also be emphasized. This course is designed primarily for the business and
economics undergraduate students who want to understand the basic technique of
real economic analysis.
PREREQUISITE:
Math 1070 and 1080, Econ 2010 & 2020
TEXTBOOKS:
1.
2.
Thad W. Mirer, Economic Statistics and Econometrics
ET (Econometrics Toolkit) Computer Software
ORGANIZATION:
GRADING:
Two lectures and one recitation section per week. Two midterm exams and one
final examination. Each exam will be comprehensive. No make-up exam will be
scheduled. Computer project will be given during the semester. Problem sets of
each chapter will be your responsibility. Midterms and final exam questions will
resemble them. Recitation section will emphasize on problem solving.
• 20% for each midterm exam, 40% for the final exam. Remaining 20% for the computer
project.
COURSE OUTLINE: ECON 3818
Chapters
1
2
3
4
5
6
7
8
9
10
11
12
12
13
14
15
Descriptive Statistics
Frequency Distribution
Probability Theory
Random Variables & Probability Distributions
The Normal and t distributions
First Midterm
Simple Regression: Theory
Simple Regression: Application
Multiple Regression
Sampling Theory in Regression
Hypothesis Testing
Second Midterm
Estimation and Regression Problems
More Testing and Specification
Autocorrelation and Heteroskedasticity
Inference for the Mean and Variance
3
4
8
9
10
1-4, 8-10
5
6
7
11
12
1-12
13
15
14
18