martes, 14 de febrero de 2012

Econometrics: weeks 1-2 (February 13th to 26th)

The general idea of this blog is described (in spanish) in Acerca de este Blog.

The goals for these two weeks are:

Warning about the Seminar

Next Wednesday, February 22th, at 12,00h, we will have the first seminar. According to plan, it was to be held at Computer Room #1.

As you know, the computers in this room are quite obsolete. On the other hand, many of you have laptops. If you are willing to bring your own computer, we could have the seminar in the classroom.

We will discuss and decide about this option in the next class.

Warning about March 1st class

Next Thursday, March 1st, I will not be able to attend the class due to an institutional obligation. We will recover the time lost using the second hours of the seminar.


Students must fill this personal data form

Review carefully the Econometrics website. Download and print the following class notes:
As well as the dataset: simulated data

Download and install GRETL. This is a free Econometrics software package. We will use it for practical work. I suggest to follow these steps:
Any issue related with installation of GRETL will be solved in the first seminar (February 22th).

Review the following complementary materials:

Two Nobel lectures about the econometrics of cross-section data
Two Nobel lectures about the econometrics of time series data
- Video: A short intro to Linear Regression

Revise some basic concepts of previous courses:

- Algebra: matrices, vectors, linear equations, matrix operations, inverse of a matrix
- Statistics: descriptive statistics (mean, variance, correlation,...), estimation, hypotheses testing

Graded personal homework

Send an e-mail to this address (last day for delivery: Tuesday 21). This message should provide details about:
  • problems that could have arised when installing GRETL, and
  • doubts about the topics explained in class
This e-mail will be assessed as part of the "active participation" item (10% of final grade). To facilitate processing the e-mails its important to respect the deadline and the delivery procedure (please use this email address). I would also help if all the text is included in the body of the message body, avoiding attachments whenever possible.