Introduction
This
four-week course (see
class schedule), to be taught from July 01 to July 26, 2002. This
course introduces the mainstream methods for estimating relationships
among observed variables and for testing hypotheses about those
relationships. We will apply these methods to economic relationships.
The
objective of the course is to introduce participants to the power of
econometric methods while also noting the limitations of those methods.
While focus will be on formulation, estimation, and testing of
econometric models, participants will also learn how to be
"sophisticated consumers of statistical information." This last element
is important as most of us will be reading the statistical work of
others rather than conducting it ourselves.
To
develop ability to use statistical and econometric software efficiently,
we will try to combine every day's lecture with some exercises in the
computer lab.
|