Introductory Econometrics Course Materials and Requirements, Study notes of Introduction to Econometrics

Download Introductory Econometrics Course Materials and Requirements and more Study notes Introduction to Econometrics in PDF only on Docsity! 1/28/2009 1 Introductory Econometrics • Dr. Daniel Lass • TA:  Ben Laine • Website: http://courses.umass.edu/resec312/ • Prerequisites:  Algebra, Statistics and Calculus. • Texts and PRS: Gujarati, Essentials of Econometrics, 2nd Radio Frequency PRS transmitter        Materials >Select by Course Booklist for: University Of Massachusetts-Amherst > All Programs > Spring 2009 > RES-ECON > 312 > 01 Required Material(s) Buy This Item RF PRS (PART # 11-00682-01-R) Used $39.00 [In-Stock] New $52.00 [In-Stock] Author:Gtco Edition: Choose - Please select from the following...(see section information for more details) Buy This Item Essen of Econometrics Used $75.00 [Available to Order] Author:Gujarati Edition:2nd Buy This Item Essen of Econometrics (w/CD) New $150.00 Author:Gujarati Edition:3rd [In-Stock] Recommended Material(s) Buy This Item Student Guide to MINITAB Rel 14 (w/CD) Used $55.50 [In-Stock] New $74.00 [In-Stock] Author:McKenzie Edition: **Please Note: Course information is subject to change based upon updated data from publishers and instructors. 1/28/2009 2 • Requirements: OWL Quizzes:  10% (drop 1 score) PRS (P li d) 10% (d 3 )  ersona ze :   rop   scores Exams (3 plus final): 60% (drop low score) Projects (with partner):  20% Introductory Econometrics I. Introduction A E t i b i f d fi iti. conome r cs – r e   e n on. B. Econometrics – body of knowledge,  methods. C. Applied Research – what we do  with it. : A C. Applied Research P, Sir £0 2. Model Specification | ‘ \ ) a Us (8, LT, #,f,~) ¢ or sft oA — ccm Sli fred ag yy Emeric Ue e / ik — Oe pte u q = Poth. x : val wa ‘ ee co pomamdlrs < ot " — Se C. Applied Research 3. Data ly dak, Gen voile (rb Hime~serves — he ap oe Crass-sedrenall — ey oo Ve a ge pore da a Fe ue [sda 1/28/2009 1/28/2009 C. Applied Research or dep ver 4. Estimation he xy —— ¥ SN s * flea ds we best ° “Ss £& a live fy tee ( ° 2 dake / melhde =? OLS ¢ or -— y . ee a apes! ne! Wt ud Qs C. Applied Research lees 1 rake seerre a hdd 22 7. . ea) 5 rege 5. Interpretation and Verificati : t 4 ; pt mam ° taery 8 de gh fr 7 2 Bro J : Ad A ih juan ” Ag = Cr = held se qe 4 f ane unit dart l accor) K ve Pr gee OL = GRE ZB 1/28/2009 7 C.  Applied Research 6. Prediction or Forecasting – after you’ve  estimated and done some testing and  verification you may use your model to,              predict or forecast – values for the  dependent variable under different  conditions. 7. Report – you need to report your results.   Econometrics is a writing course – no study is  any good if you don’t report your results!