Introduction to Econometrics
MW 4:10-5:00, HECC 209
Prof. Haeshin Hwang
Office: ALLN 3075
Office Hours: MW 5-5:30 in HECC 209, and F 10-12 in ALLN 3075
Office Phone: 845-7301
TA: Three TA's to run six recitation classes (Cheng, Liu, Nam)
TA for writing: Brandon Campbell <
and Jeremy West <firstname.lastname@example.org>
: Introductory Econometrics by Jeffrey M. Wooldridge (4
edition, or any previous edition)
: This course introduces the basic statistics, linear regression models for the analysis of
economic phenomena, statistical properties of the models, and various methods of estimation and statistical
inferences. It covers in depth the special features of various econometric models and economic data, and appropriate
estimation and inference methods for each model. This is a Writing Intensive Course. To fulfill the goal of the W-
course, students are encouraged to identify an interesting economic issue early on in the semester, to specify an
empirical regression model based on economic theories that students have learned in the past, and to apply
appropriate estimation and inference methods from this course.
: Students are expected to learn econometric theory of estimation and hypothesis test, and be able
to apply them to the analysis of economic data.
(a)Students will develop the ability to identify the appropriate procedures of estimation and statistical inference for
a given econometric model and economic data.
(b)Students will be able to interpret and explain the empirical results.
(c)Students will learn how to use a major econometrics software (STATA) through numerous empirical exercises.
(d) Students will also develop writing skills that are suited for the analysis of economics issues: identify an
interesting economic issue, identify the economic theory that helps to analyze the issue, specify the empirical
estimable model, estimate the model and interpret the results. Students will get the help from the instructor and
teaching assistants at each step of writing, and complete a research paper in a professional format.
: CPSC 203 or INFO 209; ECON 323; MATH 131 or 142; STAT 211 or 303.
: See below for the details. The time schedule is only an estimate: we may deviate from it from time
to time, depending on the pace of the coverage.
(a) We will have several homework assignments including empirical assignments (15%), two midterm exams (10%
each), the final exam (30%), and the research paper (35%).
(b) The midterm exams are
scheduled on February 21 and March 28. The final exam is at 3:30-5:30 on
May 9, 2011. Exams are always comprehensive, although most questions will be from the material covered after
the previous exam. There are no multiple choice questions. No makeup exams will be provided without a
university-approved and documented excuse.