Econ 113

Spring 2014

Professor Alan Spearot

 

Syllabus

 

Instructors and Office Hours

 

 

Professor

TAs

MSI

Contact

Alan Spearot

aspearot@ucsc.edu

Kyle Neering

kneering@ucsc.edu

Wei Xu

wxu11@ucsc.edu

Kyle Rasmusen korasmus@ucsc.edu

 

Office Hours

Wednesday

9:30 - 11:30AM

459 E2

Tues/Thurs

10:00-11:00am

403G E2

 

Friday

8:40-10:40am

403G E2

 

 

Discussion Sections

 

Tuesdays

6:00-7:10PM

7:30-8:40PM

Stevenson 152

 

Mondays,

9:30AM - 10:40AM

12:30PM - 1:40PM Crown 201

 

Wednesday, 2:00-3:10PM

     Porter 250

Thursday, 12:00-1:15 PM

     Cowell 222

Thursday, 4:00-5:15 PM

     Porter 246


Final Exam Rules and Office Hours

 

Lectures

 

Statistics Review

Lecture 1

Lecture 2  Extra Problem

Lecture 3  OLS Derivation

Lecture 4

Lecture 5

Lecture 6

Lecture 7

Lecture 8

Lecture 9

Lecture 10

Lecture 11  Supplement and Sample Questions  Answers

 

Reading Assignments

 

April 4th:  Wooldridge, Chapters 1 and 2

By April 9th: Wooldridge, Chapter 3

By April 25th: Wooldridge, 4.1-4.3

By April 28th:  Wooldridge, rest of chapter 4.

Week of May 5th:  Wooldridge, 6.1-2, 7.1-4

Week of May 19th:  Wooldridge 15.1, Chapters 13 and 14.

Week of May 26th:  Wooldridge 17.1, 17.2, 17.3

 

Book

 

The book for the class is Introductory Econometrics:  A Modern Approach by Jeffery Wooldridge.  It is mostly used as a reference, and used copies are fine (3rd edition or later.  Avoid the international edition).  Here are some links to various editions of the text:

 

3rd edition

http://www.amazon.com/Introductory-Econometrics-Approach-Applications-Solutions/dp/0324289782/ref=pd_sim_sbs_b_2

 

4th edition

http://www.amazon.com/Introductory-Econometrics-Modern-Approach-Book/dp/0324660545/ref=pd_sim_sbs_misc_1

 

Computers and Data

 

Stata Gradplan

 

The $35 Small Stata will be sufficient for this class.

 

Wage Dataset  Description

Wage Panel Dataset  Description

 

Tutorial , Transferring to Word (written by Jae Hoon Choi)

 

Exams

 

Regrade Policy
Exam 1    ANS    Distribution

Exam 2    ANS    Distribution

Exam 3    ANS    Distribution

 

Homeworks

 

Homework #1  ANS

Homework #2  ANS

Homework #3  ANS

 

Old Exams

 

Note:  Missing exams (without answers) are not available.

 

For Midterm 1, Spring 2014

Problems in parentheses are relevant for Exam 1, Spring 2014.  This includes questions from the second exam from previous years.

 

S08 Exam 1 ANS  (Problems 1 and 2)

F08 Exam 1 ANS  (Problems 2, 3 and 4)

W09 Exam 1 ANS (Problems 2 and 3)

F09 Exam 1 ANS  (Problems 2 and 3)

F10 Exam 1 ANS  (Problems 2 and 3)

F11 Exam 1 ANS  (Problems 2 and 3)

F12 Exam 1  ANS (Problems 2 and 3)

W13 Exam 1  ANS (Problem 2)

F09 Exam 2  ANS (All except 2b)

F10 Exam 2  ANS (All except 1i)

F11 Exam 2  ANS  (All except 1c)

F12 Exam 2  ANS  (All except 1h and 2c)

W13 Exam 2  ANS (All)

 

For Midterm 2, Spring 2014

Currently all of old exam 3s are relevant.

 

F09 Exam 3  ANS

F10 Exam 3  ANS

F11 Exam 3  ANS  - note – problem 1.i should refer back to 1.h

F12 Exam 3  ANS

W13 Exam 3  ANS

 

For Midterm 3, Spring 2014

 

F07  ANS  (Problem 2, 3a, 3b, EC)

S08  ANS  (2a-c, 2f-h, 3a, 3b ,3d)

F08  ANS  (2a-e, 2g-I, 2l, EC)

F09  ANS  (Problem 2, Problem 3)

F11  ANS  (1a-b, 1d-f, Problem 2)

F12  ANS  (All)

Note that the confidence interval in 1-d is incorrect.  The correct CI is:

0.1493-2.575*0.0282<B<0.1493+2.575*0.0282

0.077<B<0.222

With 99% confidence, a 1% increase in the midterm 1 score is associated with a 0.077% and 0.22% increase in the final.

 

Also, 2f should refer back to the initial equation in 2e.