Time Schedule:
Seik Kim
ECON 483
Seattle Campus
Provides opportunity to learn econometric model building for a particular problem while applying the theory learned in various courses to specific economic cases. Estimate, test, and forecast economic models. Extensive use of the computer and econometric programs. Prerequisite: 2.0 in ECON 301; either ECON/STAT 311, STAT 341, MATH/STAT 390, or QMETH 300.
Class description
This course intends to provide students with an understanding of and experience with the key methods economists use to quantify the relationships among economic variables. A major goal is to prepare students to read empirical papers in economics and the other social sciences and to do high quality empirical research in seminars and senior essays. Students will become reasonably proficient in the use of STATA, the leading computer program for statistical analysis in the social sciences.
This course is designed to discuss eight empirical questions, emphasizing one set of econometric tools per topic. The first week of the course is devoted to introduction to econometrics and STATA. Starting from the second week, we analyze each of the applied topics. For our purposes, classes meet in a regular classroom on Mondays and in a computer lab on Wednesdays. The classroom sessions will focus on theoretical background and econometric issues. The computer labs will take students through the practice of econometrics.
Student learning goals
General method of instruction
Recommended preparation
Class assignments and grading