Quantitative Methods for Economic Analysis
EC2104
Lecturer: Chua Yeow Hwee
Lecture 1
9th January 2017
1 / 47
John Maynard Keynes
The master-economist must possess a rare combination of
gifts . He must be mathematician, historian, statesman,
philosopher i
Quantitative Methods for Economic Analysis
EC2104
Lecture 2
January 16, 2017
1 / 39
Outline
Readings: SH, Chapters 7
Definition and Rules for Differentiation
Applications: Growth Rates and Elasticities
Continuity
Intermediate Value Theorem
Implicit D
Midterm Formulas
Descriptive Statistics & Probability
N
1 X
xi
N i=1
n
1X
x
=
xi
n i=1
Cxn =
PN
i=1 (xi
2 =
=
Pn
x
)2
n1
i=1 (xi
s =
x )(yi y )
N
x
)(yi y)
n1
i=1 (xi
sxy =
n!
(n x)!
Pxn =
i=1 (xi
xy =
N
Pn
2
n!
x!(n x)!
PN
)2
P (A|B) =
=
xy
x y
r=
sxy
Common issues - EC2303 Midterm - 2014/15 Sem 2
The tutors have prepared excellent explanations of the midterm problems.
You can visit their youtube channel at https: / www. youtube. com/ channel/
UCDm9ofEX9BUIbSs_ -DT9oRw
Problem 6 Parts (a) and (b) were
EC3101: Semester 2 AY 16/17
1. Consider an economy with two individuals, one consumption good, , and two time
periods. The consumption good is fully perishable in one period. Jacob, , is a student
with endowment of zero units of in the first period and 10
EC3101 Microeconomic Analysis II
Semester 2 AY 2016/2017
Course Information
Instructor: Timothy WONG
Lecture: Tuesdays, 2:00 p.m. 4:00 p.m., LT 11
Office hours: Tuesdays, 3 p.m. to 5 p.m. or by appointment
Office location: AS2-04-28
Contact: 65163959, tim
EC3101: Semester 2 AY 16/17
1. Consider an economy with two individuals, one consumption good, , and two time
periods. The consumption good is fully perishable in one period. Jacob, , is a student
with endowment of zero units of in the first period and 10
Lecture Notes in Finance (MiQE/F): CAPM
Extensions and Multi-Factor Models
Paul Sderlind1
9 August 2016
1 University
of St. Gallen. Address: s/bf-HSG, Rosenbergstrasse 52, CH-9000 St. Gallen,
Switzerland. E-mail: Paul.Soderlind@unisg.ch. Document name: Fi
Lecture Notes in Finance (MiQE/F): Efficient
Markets
Paul Sderlind1
9 August 2016
1 University
of St. Gallen. Address: s/bf-HSG, Rosenbergstrasse 52, CH-9000 St. Gallen,
Switzerland. E-mail: Paul.Soderlind@unisg.ch. Document name: Fin1MiQEFPred.TeX
Conten
9. Options
Prof. Dr. Markus Schmid
5,110 Finance
Course Outline
1.
General Information / Risk and Return
2.
Portfolio Theory and CAPM
3.
Efficient Markets and Behavioral Finance
4.
Corporate Valuation
5.
Cost of Capital and Guest lecture: Deutsche Bank Ho
Lecture Notes in Finance (MiQE/F): Index Models
Paul Sderlind1
9 August 2016
1 University
of St. Gallen. Address: s/bf-HSG, Rosenbergstrasse 52, CH-9000 St. Gallen,
Switzerland. E-mail: Paul.Soderlind@unisg.ch. Document name: Fin1MiQEFIndexModel.TeX
Conte
Lecture Notes in Finance (MiQE/F): CAPM
Paul Sderlind1
9 August 2016
1 University
of St. Gallen. Address: s/bf-HSG, Rosenbergstrasse 52, CH-9000 St. Gallen,
Switzerland. E-mail: Paul.Soderlind@unisg.ch. Document name: Fin1MiQEFCapm.TeX
Contents
5
CAPM
5.1
Lecture Notes in Finance (MiQE/F): Calculating
the Efficient Frontier
Paul Sderlind1
9 August 2016
1 University
of St. Gallen. Address: s/bf-HSG, Rosenbergstrasse 52, CH-9000 St. Gallen,
Switzerland. E-mail: Paul.Soderlind@unisg.ch. Document name: Fin1MiQ
The consistent losers in the market, from my
personal experience, are those who are unable
to resist being swept up in some kind of tulipbulb craze. It is not hard, really, to make
money in the market investors who select a
portfolio of stocks by throwing
October. This is one of the
peculiarly dangerous months to
speculate in stocks in. The others
are July, January, September, April,
November, May, March, June,
December, August and February.
Mark Twain, Puddnhead Wilson
1
Harry M. Markowitz, 1990
"for thei
"If you could give advice to
a large group of first-year
students, what would it be?"
"Sit in the front. You can
feel very disengaged in large
enrollment courses, but if
you sit in the front you have
no idea how many people
are behind you. If you sit in
t
ADEQUACY OF SINGAPORES CENTRAL PROVIDENT FUND PAYOUTS:
INCOME REPLACEMENT RATES OF ENTRANT WORKERS
By
Chia Ngee Choon
and
Albert Tsui
Department of Economics
National University of Singapore*
November 2012
Abstract:
The study examines whether the Central
EC3312 GAME THEORY AND APPLICATIONS TO ECONOMICS
SEMESTER 2, 2016-2017
Assoc Prof Luo Xiao
Department of Economics, National University of Singapore
13 January 2017
EC3312 GAME THEORY AND APPLICATIONS TO ECONOMICS
SEMESTER 2, 2016-2017
Prerequisite:
a mod
EC3312 Game Theory and Applications to
Economics
Xiao Luo, Lecturer
Department of Economics, National University of Singapore
1 February 2017
A/P Xiao Luo
()
EC3312 - Lecture 4
1 February 2017
1 / 15
Example: Matching Pennies
heads
tails
heads
-1, 1
1, -1
EC3312: Tutorial 3 (Answers)
1. (1) Let p1 = (r; 1
r) and p2 = (q; 1
q) where player 1 plays T with probability
r and player 2 plays L with probability q. For player 2s mixed strategy p2 , player
1s expected payos from T and B are:
v1 (T; p2 ) = 2
v1 (B;
EC3312 GAME THEORY AND APPLICATIONS TO ECONOMICS
SEMESTER 2, 2015-2016
Assoc Prof Luo Xiao
Department of Economics, National University of Singapore
20 January 2017
Assessment:
50% Continuous Assessment
(40% Midterm Examination; 10% Assignments & Tutorial
EC3312 Game Theory and Applications to
Economics
Luo Xiao, Lecturer
Department of Economics, National University of Singapore
20 January 2017
A/P Luo Xiao
()
EC3312 - Lecture 2
20 January 2017
1 / 15
Topics
Static
Dynamic
Complete Information
Normal-form
EC3312 Game Theory and Applications to
Economics
Luo Xiao, Lecturer
Department of Economics, National University of Singapore
10 February 2017
A/P Luo Xiao
()
EC3312 - Lecture 5
10 February 2017
1 / 14
Dynamic Games of Complete Information
By complete inf