Course Outline

Applied Economic Analysis (English Lectures)

(應用經濟分析 -- 英文)

Fall Semester 2008 國貿4C

Professor David Kleykamp 柯大衛

3 credit hours (學分), elective course (選修)

Wednesday (2pm –3 pm) one hour Classroom B120

Thursday (12pm– 2 pm) two hours Classroom B602

星期三 節 次 7

星期 四 節 次 5-6

Website:

Email:

Tentative Weekly Schedule:

Week 1 09/10/2008 Introduction to the Course and free software GRETL

09/11/2008 Random Variable, Mean, and Variance

Week 2 09/17/2008 Covariance and Correlation

09/18/2008 Correlation and Basic Regression

Week 3 09/24/2008 Basic Regression and GRETL

09/25/2008 The Meaning and Optimality of OLS

Week 4 10/01/2008 An Example of Basic Regression

10/02/2008 Multivariate Regression

Week 5 10/08/2008 Multivariate Regression

10/09/2008 The t-test for Significance of a Coefficient

Week 6 10/15/2008 The F-test for Zero Slopes

10/16/2008 Testing for Regression Stability

Week 7 10/22/2008 Autocorrelation and the Durbin-Watson Test

10/23/2008 LM Test and The Cochrane-Orcutt Method

Week 8 10/29/2008 Forecasting using Regression and GRETL

10/30/2008 Forecasting using Regression and GRETL

Week 9 11/05/2008 Review for the Midterm

11/06/2008 A Collection of Worked Problems

Week 10 Midterm Exam Week 11/10/2008 ~ 11/14/2008

Week 11 11/19/2008 The Logit Model

11/20/2008 Logit Analysis using GRETL

Week 12 11/26/2008 Stationarity of Time Series

11/27/2008 The ACF Function

Week 13 12/03/2008 Using GRETL to Estimate the ACF Function

12/04/2008 Types of Time Series Models

Week 14 12/10/2008 Introduction to Modeling ARIMAs

12/11/2008 Choosing an AR(p) or an MA(q) Model

Week 15 12/17/2008 More Examples of Choosing Time Series Models

12/18/2008 Choosing an ARIMA model

Week 16 12/24/2008 Using GRETL to Estimate a Time Series Model

12/25/2008 Forecasting an ARIMA model

Week 17 12/31/2008 Final Paper Due

01/01/2008 Holiday

Course Description:

This course considers the application of simple quantitative and analytical methods of economics to both microeconomic and macroeconomic problems typically faced by business and government. The focus of the course is on implementing these methods in a very practical manner to achieve both understanding and resolution of problems.

Methods of analysis include descriptive statistics, correlation studies, linear multivariate regression, and time series analysis. No prior understanding of statistics and econometrics is assumed. All software used is free and open source software readily available for download from the Internet. All methods and software will be thoroughly explained in the class.