Econ 399 A4 Topics covered by date
Date
September 6
September 11
September 13
September 18
September 20
September 25
September 27
October 2
October 4
October 9
October 11
October 16
October 18
October 23
Topics Covered
Course outline, course aims, discussion of
plagiarism
“What is Econometrics”, Overview of Maple
Supply and Retirement Savings models and
data sets
Estimation Methods
- Fitline example (with 3 candidate
‘estimators’)
- Derivation of the OLS estimator
- Sample Shazam program discussed
- Algebraic Properties of OLS
- Derivation and interpretation of R2 and
adjusted-R2
- review of R2 and adjusted-R2
- interpretation of coefficients in multiple
regression (including special cases such as a
model with quadratic terms)
- statistical properties of u, Y and OLS
̂1 ) in a model with
estimators (including E(𝛽
only one explanatory variable)
- unbiased estimators
̂1 (exact
- Variance and standard error of 𝛽
formula provided for a model with only one
explanatory variable)
- t-tests in multiple regression models
- t-tests continued
- testing joint hypotheses: the F test
̂1
- Derive variance and standard error for 𝛽
- F tests continued
More on F and t tests
Use of the test command in SHAZAM
t-test example
Confidence Intervals
Omitted Variable Bias
Introduction to Dummy Variables
Chow tests: with and without the use of
dummy variables
Librarian visit
Reset tests: how to interpret SHAZAM output
Assignment #1 returned
Assignment #1 reviewed
Reset tests: a new application of the F test
Reviewed Practice Midterm
Readings
Chapter 1 of Textbook
- Fitline handout
-Chapter 2.1, 2.2, Appendix
2A in Textbook
Chapter 2.3, 3.1, 3.2 and 6.3
in Textbook
Chapter 2.5, 3.2, 3.3, 6.3
Chapter 2.5, 3.2, 3.3. 4.1 to
4.3
Chapter 4.1 to 4.5
Chapter 2.5
Chapter 4.1 to 4.5
Chapter 4.1 to 4.5
Sections 4, 5 and 6 of the Lab
Manual
Chapter 4.3
Chapter 3.3
Chapter 7.1
Chapter 7.1 to 7.4
SHAZAM Reset Example
posted on course webpage
Chapter 9.1
Assignment #2 answers
Reviewed Assignment #2 Answers
October 25
October 30
November 1
November 6
November 8
November 13
November 15
November 20
November 22
November 27
November 29
December 4
Mid-term
Seasonal Dummies
Probit
Mid-term test returned and discussed
Heteroskedasticity
Assignment #2 returned
Visit from Centre 4 Writers Rep
Discussion of term paper
Heteroskedasticity continued (including
correction of SHAZAM code for first version of
BP test)
Fall Break – No class
Heteroskedasticity continued (weighted least
squares)
Autocorrelation (also known as Serial
Correlation)
Autocorrelation, continued
Autocorrelation, continued
Prediction Intervals
Adding Dynamics to Time Series Models
Adding Dynamics to Time Series Models
Multicollinearity
Preparation for Final Exam
posted to website. Usual
password
Chapter 7, p.368, Chapter
17.1
Chapter 8
Chapter 8
Chapter 8
Chapter 12
Chapter 12
Lab Manual (8.1 to 8.6)
Chapter 9.2, 10.2
Chapter 9.2, 10.2
Chapter 3.4, p.137