The goals for these two weeks are:
- Explaining Lessons 1 (Introduction to Econometrics) and 2 (Simple linear regression: graphical analysis)
- Doing some practical work with GRETL and the dataset simulated data
Warning about the practical work: Many of you have laptops. If you are willing to bring your own computer, we can do some practical work in the classroom.
Activities:
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:
- Download my Installation guide for GRETL
- Download GRETL and install it following the instructions in previous document
Any issue related with installation of GRETL will be solved in the first seminar (February 22th).
Review the following materials:
- Wikipedia articles about: Econometrics, Criticisms of Econometrics, Cross-sectional_data, Time series and Panel data
- Video: A short intro to Linear Regression
- Comunicating Statistical Results, a very useful document by Professors G.H. Givens and J.A. Hoeting
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: Friday 15). This message should provide details about:
- problems that could have arised when installing GRETL, and
- doubts about the topics explained in class
