EC201
Intermediate
Macroeconomics
Semester 1, 2016
The Phillips Curve, the Natural Rate of
Unemployment and Inflation
(See Chapter 8)
The Natural Rate of Unemployment
and the Phillips Curve
In this chapter, we take AD-AS
AD
analysis to the next
level (we
The University of the South Pacific
Tutorial 5 Answers
Text Ref.:(Ch.6 6th Ed.) or (Ch.5 5th Ed.)
Probability
EC203 Economic Statistics
Learning Outcomes
MC
What are ways of assigning probabilities
Ways of determining possible outcomes.
Discuss Marginal,
EC 203
Tutorial 3 ANS Graphical Descriptive Techniques
Ref.: Ch 2&3 (6th ed.) and Ch.2 (5th ed.)
Coverage:
o Graphical descriptive techniques for qualitative/categorical data including frequency distribution,
relative frequency distribution, bar chart, pi
The University of the South Pacific
Tutorial 7
Continuous Probability distributions & Sampling distributions
EC203 Economic Statistics
Part 1 Chapter 8 (Section 8.1, 8.2, 8.3(half)
Coverage
o Probability density functions
o Uniform distribution
o Normal d
EC203 Economic Statistics
The University of the South Pacific
Tutorial 1 Answers Introduction to Statistics
Coverage
Key statistical concepts
Descriptive and inferential statistics
Role of statistics in Economics and Commerce.
Types of Data
Reading: textb
The University of the South Pacific
Tutorial 5
Text Ref.:(Ch.6 6th Ed.) or (Ch.5 5th Ed.)
Probability
EC203 Economic Statistics
Learning Outcomes
MC
1.
What are ways of assigning probabilities
Ways of determining possible outcomes.
Discuss Marginal, union
The University of the South Pacific
Tutorial 2 ANS Data Collection- Sampling
EC203 Economic Statistics
Learning Outcomes
Key objective of sampling.
Different techniques of Probability (or Random) Sampling; including simple random, stratified, and cluster.
The University of the South Pacific
Lab 4 sampling distributions and Estimations (Text Ref. :Ch.7,8,10,11)
EC203 Economic Statistics
Textbook is required in this lab
Task 1 Sampling distributions: proving CLT (Text Ref. :Ch.10)
In this computer session we
The University of the South Pacific
Tutorial 7 ANS
EC203 Economic Statistics
Ref: Chapter 8: Continuous Probability Distribution (section 8.1 -8.3) Or (Unit 7)
Coverage:
Probability density functions
Uniform distribution
Normal distribution
Normal approxi
EC203 Economic Statistics
The University of the South Pacific
Tutorial 1 Introduction to Statistics
Reading: textbook chapter 1, and Ch. 2 section 2.1 (5th and 6th Ed.)
Coverage
Key statistical concepts
Descriptive and inferential statistics
Role of stati
The University of the South Pacific
EC203 Economic Statistics
Markand Bhatt
Probability (Week 5)
Ch .5 (5th ed) or ch.6 (6th ed)
Learning Outcomes
Ways of Assigning probabilities
Ways of determining possible outcomes
4 types of probabilities
Laws of spe
The University of the South Pacific
Tutorial 2 Data Collection- Sampling
EC203 Economic Statistics
Learning Outcomes
Key objective of sampling.
Different techniques of Probability (or Random) Sampling; including simple random, stratified, and cluster.
Iss
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Simple Linear Regression & Correlation
Chapter 16 (6th ) or Ch. 14 (5th)
week 11 &12
Note:
Section 16.5 and 16.6 (6th) and section 14.5 and 14.6 (5th
) non-examinable.
Chapter outline
1. Key concepts
2. Estimate the equation of a simple regression line fr
The University of the South Pacific
EC 203 Economic Statistics
Tutorial 10 & 11 Simple Linear Regression (Chapter 14(5th ed.) or Ch 16 (6th ed)
Learning Outcomes: Procedure for Regression analysis
1. Develop a model that has a theoretical basis.
2. Gather
The University of the South Pacific
EC 203 Economic Statistics
Tutorial 12 Time Series Analysis and Forecasting (Chapter 16(5th ed.) or Ch 18 (6th ed)
Coverage:
Components of a time series
Smoothing techniques
Trend analysis
Measuring the cyclical eff
The University of the South Pacific
EC 203 Economic Statistics
Tutorial 12 ANS Time Series Analysis and Forecasting (Chapter 16(5th ed.) or Ch 18 (6th ed)
Note: all questions are similar either to textbook or slides example, for more details refers to it.
Week 9
Hypothesis testing:
Describing a single population
Text Reference:
Chapter 13 (6th)or Chapter 12(5th) :
Note: section 13.5/12.5 is not covered.
Markand Bhatt
School of Economics, USP
Chapter outline
13.1 Concepts of hypothesis testing
13.2 Testing
CHAPTER 11
Week 8
Estimation:
Describing a single population
Chapter outline
11.1
11.2
Concepts of estimation
Estimating the population mean when the
population variance 2 is known
11.3 Estimating the population mean when the
population variance 2 is unkn