** This is the course website for ECON 435, Fall 2016. It will be updated for Fall 2017 in September 2017.**

- Instructor: Chris Muris
- Office: WMC 3639
- Office hours: Thursday labs, 9:30-11:20, will function as office hours.
- Contact: talk to me before or after class, in the breaks. Do not email me.

Term paper information

We have five contact hours each week:

- Tuesday: 2 hours of lecture
- Thursday: 1 hour of lecture, 2 hours of lab
- Weekly instructions for the lab can be found on the R page.

Date | Event |
---|---|

Oct 18 | Midterm |

Nov 17, 11:20 | Deadline for paper approval |

Nov 29 | No lecture |

Dec 1 | Final |

Dec 2, 12:30 | Deadline paper |

The course consists of two parts:

- Part 1: Mathematical foundations and linear regression
- Part 2: Advanced methods and applications

More details about weekly planning are below

- The second test is not cumulative.
- For each test, you are allowed to bring one A4 written on one side as your personal cheat sheet.

There are regular hand-in assignments, and a replication/term paper. Hand-in assignments may consist of solutions to textbook questions, mathematical proofs, replications of research papers in economics using R and RMarkdown, among others.

- For each hand-in assignment, I randomly choose one question to grade
- The hand-in assignment with the lowest score will not be counted

Your grade is determined as follows:

- Test 1 (25%)
- Test 2 (25%)
- Hand-in assignments (35%), scaled by a class participation factor
- Replication (15%)

- Attendance is required. If you cannot make it to one of the lectures or labs, notify me at least one day in advance
- Participation is expected. I will apply participation-dependent scaling to the hand-in assignment grade. No reference letters will be provided for students that do not show active participation during the lectures (i.e. asking/answering questions)
- Standard policies for plagiarism are in effect, see my BUEC333 syllabus

Readings are from Wooldridge’s “Introductory Econometrics: A Modern Approach”. Readings complement the material discussed in class: self-study is required. Detailed readings are indicated in the slides.

Week | Topic | Chapter | Slides |
---|---|---|---|

1 | Intro to proofs, sequences | Ch.1 + App A | pdf, Rmd |

2 | Probability theory | App B | pdf, Rmd |

3 | Statistics | App C | pdf, Rmd |

4 | Linear algebra | App D | pdf, Rmd |

5 | Linear algebra and OLS | App E | pdf, Rmd |

6 | OLS | Ch. 1-5 | pdf, Rmd |

7 | Test 1 | ||

8 | Panel data | Ch. 13 | pdf, Rmd |

9 | Panel data | Ch. 14 | |

10 | Panel data | - | |

11 | Instrumental variables | Ch. 15+16 | pdf, Rmd |

12 | Instrumental variables | ||

13 | Test 2 + Replication deadline | N/A |