Syllabus - ECON 131A ECONOMETRICS DATA ANALYSIS I SPRING...

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ECON 131A: ECONOMETRICS & DATA ANALYSIS I SPRING 2013 Lectures: Tuesdays and Thursdays 11:35-12:50 Davies Auditorium Professor’Nancy’Qian ’ Office:’27’Hillhouse’Ave.’Room’29A Phone:’2 -3639’ Email:’[email protected] Office’Hours:’Tuesdays’2 -3pm’or’by’ appointment’ Sections: Fridays 10:30 and 11:35, locations TBA Gregory’ Strabel’ (TF)’ ’ Email:’ [email protected] Office’ Hours:’ Wednesdays’2 -3pm,’ Tobin’Lounge’(basement’of’28’Hillhouse) Sections: Mondays 2:30-3:30, location TBA Xiaoxue’Zhao’(TF) ’ Email:’ [email protected] Office’ Hours:’Wednesday’1:30 -11:30am,’27’Hillhouse’Ave.,’Rm’16. Course Overview This note summarizes the objectives of Econ 131a, provides administrative information, and describes course requirements. The accompanying Course Outline lists the material to prepare for each class meeting. Econ 131 is’a’second -year’course’in’econometrics’covering’probability,’statis tics,’and’linear’ regression.’ The’first’half’of’the’course’and’much’of’the’second’draws’heavily’on’a’course’ developed’by’Professor’C.’Lanier’Benkard. ’ ’ My’goal’is’to’teach’you’how’to’evaluate’quantitative’information,’and’to’use’data’to’answer’ quantitative’questions’in’the’social’scien ces.’The’course’covers’three’main’areas:’ 1. The’±rst’area,’ probability ,’provides’a’foundation’for’modeling’uncertainties,’such’as’the’ uncertainties’faced’by’±nancial’investors’or’insurers.’We’will’study’the’mechanics’of’ probability’(manipulating’some’probabi lities’to’get’others)’and’the’use’of’probability’to’ make’judgments’about’uncertain’events.’ 2. The’second’area,’ statistics ,’provides’techniques’for’interpreting’data,’such’as’the’data’a’ marketing’department’might’have’on’consumer’purchases.’Sta tistical’metho ds’permit’ us’to’use’small’amounts’of’information’(such’as’the’number’of’people’switching’from’ Verizon’to’AT&T’in’an’iPhone’test’market ing’program)’to’answer’larger’questions’ (what’would’AT&T²s’new’market’share’be’if’the’iPhone’is’launched’nationally’and’ exclusively’by’AT&T?)’ ’
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3. The’third’area,’ linear regression ,’is’an’area’of’statistics’dedicated’to’estimating’the’ relationship’between’two’or’more’variables.’For’example,’we’might’be’interested’in’ estimating’the’demand’for’health’insurance’as’a’function’of’the ’ price,’insurance’policy’ attributes’and’consumer’attributes.’ All’three’of’these’subjects’deal’with’the’analysis’of’quantitative’information.’At’this’point’ you’might’have’several’questions’about’these’subjects.’These’include:’why’should’I’want’to’
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