Economics 103 & 103L

Introduction to Econometrics UCLA Winter 2013

Syllabus
Instructor: Oce: Oce Hours: E-mail: TAs: Dr. Maria Casanova Bunche Hall 8385 Fri 11:00AM-12:00PM casanova@econ.ucla.edu Accordino, Megan (maccordino@ucla.edu) Ali, Omer (omerali@ucla.edu) Cao, Yang (cyuclaecon@ucla.edu) Chang, Jen-Wen (hips@ucla.edu) Hernandez, Carlos (cehernandez@ucla.edu) Rozo, Sandra (sandrarozo@ucla.edu)

Time and Location Lecture: Tue & Thur, 9:30AM-10:45AM, DODD 147 Lab Lecture: Fri, 10:00AM-10:50AM, Broad 2160E Course Description This course provides an introduction to theory and practice of econometrics, with the goal of making students eective consumers and producers of empirical research in economics. The emphasis is on intuitive understanding rather than on rigorous arguments. Concepts will be illustrated with applications in economics. Prerequisites Economics 41. Textbooks: Principles of Econometrics. Hill, R. C., Griths, W. E. and G. C. Lim, 4th Edition, 2011. Wiley and Sons. (Required) Using Stata for Principles of Econometrics. Lee C. Adkins & R. Carter Hill, 4th Edition. Wiley and Sons. (Strongly Recommended) Computation of Course Grade The course grade will be computed as follows: 10% Homework* 30% Midterm Exam (February 28th) 60% Final Exam (Cumulative, Monday, March 18th, 3:00PM-6:00PM) *Homework: There will be approximately weekly problem sets. Problem sets will be due at the end of the lecture on the date specied on the respective homework. Late homework will NOT be accepted. When turning in homework, students should include their names, student ID numbers, and the name of the TA. You are also required to submit your own Stata code for each assignment.

Lab Sections Due to space limitations, it is important that you attend the section for which you have signed up. You may swap sections if you can nd someone in the section that you wish to attend who will swap with you and move to the section for which you are signed up. Please inform the TAs in both sections if you make such a swap.

Section 1A 1B 1C 1D 1E 1F 1G 1H 1I 1J 1K 1L

Day Tuesday Tuesday Tuesday Thursday Thursday Wednesday Wednesday Wednesday Monday Monday Monday Tuesday

Time 11:00-11:50AM 12:00-12:50PM 1:00- 1:50PM 11:00-11:50AM 1:00- 1:50PM 1:00- 1:50PM 11:00-11:50AM 12:00-12:50PM 10:00-10:50AM 11:00-11:50AM 2:00- 2:50PM 2:00- 2:50PM

Room

Section Leader Omer Ali Megan Accordino Yang Cao Megan Accordino Jen-Wen Chang Sandra Rozo Omer Ali Sandra Rozo Carlos Hernandez Carlos Hernandez Jen-Wen Chang Yang Cao

Where to Direct Questions: Types of Questions Administrative (course enrollment, advice) Administrative (switching sections) Problem Sets Course Material Whom to Contact ug-counselor@econ.ucla.edu Ed McDevitt (mcdevitt@econ.ucla.edu) Post your question on the Discussion Forum Post your question on the Discussion Forum

If you have questions on the course material you may come to the oce hours of either your TA or myself. The TAs and I will not reply to email questions regarding the material covered in class or problem sets. Instead, we request you to post your questions to the Discussion Forum on the courses website. The TAs will be monitoring this Discussion Forum daily, and will answer your questions. This is not only more ecient for the TAs, but also provides a public good in that students can learn from other students questions and their answers. Regrading of Problem Sets and Exams: Any question about regrading of any of the problem sets and/or the exams should be submitted in writing to your section leader, and only if there is clear evidence of such error. If a problem set and/or an exam are submitted for regrading, the entire problem set (or exam) will be regraded. Consequently, the overall grade may increase or decrease, depending on the new grade assigned to each question. Academic Dishonesty: Any cases of academic dishonesty will be reported to the Oce of the Dean of Students. For more details please refer to the Oce of the Dean of Students website at http://www.studentgroups.ucla.edu/dos/

Software: You may use whatever computer hardware and software you like; instruction will be provided for Stata. If you choose to, you may obtain a student copy of Stata to install on your own computer. Visit www.stata.com and order the student version. Alternatively, you can easily VPN to the UCLA network and access it for free. Tentative Course Schedule Date Jan 8, 10 Jan 15, 17 Jan 22, 24 Jan 29, 31 Feb 5, 7 Feb 12, 14 Feb 19, 21 Feb 21, March 5 Feb 28 March 7, 12 March 14 March 18 Lecture Topics Introduction & Review of Probability and Statistics Linear Regression Interval Estimation and Hypothesis Testing Prediction, Goodness-of-Fit, and Modeling Issues Multiple Regression Model Inference in the Multiple Regression Model Indicator Variables Heteroskedasticity Midterm Exam Time Series Data: Stationary Variables Random Regressors and Moment-Based Estimation Final Exam (3:00-6:00PM) 9 10 Cumulative Chapters 1 2 3 4 5 6 7 8

Homework Schedule Homework # 1 2 3 4 5 6 Date due Thursday, Thursday, Thursday, Thursday, Thursday, Thursday, January 24 January 31 February 7 February 14 February 21 March 7