class1-642-08

class1-642-08 - Econ 642, Monday March 24, class 1 Econ...

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Econ 642, Monday March 24, class 1 Econ 642, Monday March 24, class 1 Robert de Jong 1 1 Department of Economics Ohio State University Robert de Jong Econ 642, Monday March 24, class 1
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Econ 642, Monday March 24, class 1 Economics 642: Applied Economic Models and Forecasting Robert de Jong, 429 Arps Hall [email protected] Office hours: Tuesday and Thursday, 1:00-3:00pm TA: Jungick Lee, [email protected] Email queries: I attempt to answer in a timely way Robert de Jong Econ 642, Monday March 24, class 1
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Econ 642, Monday March 24, class 1 Organization: 1 5 Takehome exercises, 5 points each 2 Midterm: 35 points 3 Final: 40 points 4 Total: 100 points Robert de Jong Econ 642, Monday March 24, class 1
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Econ 642, Monday March 24, class 1 The textbook for this course is Wooldridge, Introductory Econometrics , 3rd edition, Thomson South-Western, ISBN 0-324-28978-2. Software: Eviews A simple class webpage can be found at http://www.econ.ohio-state.edu/dejong/econ642.htm class website: contains copies of paperwork handed out in class and of transparencies Robert de Jong Econ 642, Monday March 24, class 1
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Econ 642, Monday March 24, class 1 Econometrics: quantitative analysis of economic phenomena Central to research in Economics Real world ⇐⇒ Econometrics ⇐⇒ Economics data Econometrics seeks to answer the “how much” question ! Robert de Jong Econ 642, Monday March 24, class 1
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Econ 642, Monday March 24, class 1 Rough division: 1 macro-econometrics 1 “unemployment should go up if the investment rate increases” 2 “what is the relationship between national consumption and national income?” 2 micro-econometrics 1 “does expenditure on pizza go up or down if students’ income increases?” 2
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This note was uploaded on 07/17/2008 for the course ECON 642 taught by Professor De jong during the Spring '08 term at Ohio State.

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class1-642-08 - Econ 642, Monday March 24, class 1 Econ...

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