ECONOMICS 113
Fall 2013

INTRODUCTION TO STATISTICS AND ECONOMETRICS

DONALD WITTMAN




LATEST NEWS AND INFORMATION


CLASS, SECTIONS AND OFFICE HOURS


HOMEWORK AND EXAMS

CLASS NOTES

MOST RECENT HOMEWORK KEY

MOST RECENT EXAM KEY

DATA

WEBPAGE

HOW TO DO WELL IN THIS COURSE
 
 
 

LATEST NEWS AND INFORMATION


I have emailed you twice on Tuesday, December 3 and twice late in November. If you do not check, your UCSC email make sure to do so. And if you for some reason do not have an UCSC email account, please contact me.

Check here daily because homework questions may be altered, test dates may be changed, etc.

Brian
Wed 6:00-7:10pm Oakes 102
Th 6:00-7:10 pm Oakes 222

Can
Wednesday 3.30 to 4.40 Enginerring 2 194
Thursday 2.00 to 3.10 Oakes Acad 102

Chris
M 9:30 - 10:40 am E2, 194
Tu 12:00-1:10 pm Porter 250

Yuhan
Th  4pm-5:10om Kresge 325
Wed 9:30am-10:40am Oakes 106

MSI schedule. .
Tuesday    6-7:15pm     ARC 202
Wednesday    2-3:10pm     Oakes  Learning Center
Thursday     2-3:15pm     Porter 246
These sessions will begin on Tuesday, October 8th.
Thank you,
Yolanda Espinoza

Also, check your UCSC email daily, because I may notify you this way.


CLASS, SECTIONS AND OFFICE HOURS 

 

       Lectures:  11:00AM -12:10PM, M, W, F Humanities Lecture Hall

       Office hours: MWF 1:00 –1:45 Room 407 Engineering 2

       Phone: 459-4445              email wittman@ucsc.edu

        

 

SECTION LEADERS:

                                                :

There are also MSI sections.

 

Study sections are very important for doing well in this course. You can attend more than one.

Brian
Wed 6:00-7:10pm Oakes 102
Th 6:00-7:10 pm Oakes 222

Can
Wednesday 3.30 to 4.40 Enginerring 2 194
Thursday 2.00 to 3.10 Oakes Acad 102

Chris
M 9:30 - 10:40 am E2, 194
Tu 12:00-1:10 pm Porter 250

Yuhan
Th  4pm-5:10om Kresge 325
Wed 9:30am-10:40am Oakes 106

HOMEWORK AND EXAMS:
 

Homework counts for 10% of the grade. The first 4 exams each count for 16% of the grade. The non-comprehensive final counts for 26% of the grade.

 

Students will be tested on their knowledge of Stata (the statistical package) and the reasoning behind the formulae. For all Stata assignments provide the printout and the interpretation (e.g., equation).
 

Put your name on all homework assignments and exams.

 

BLUEBOOKS REQUIRED FOR ALL EXAMS

 

WARNING: YOU NEED TO STAY ON TOP OF THE MATERIAL FROM THE BEGINNING. THERE ARE NO LAST MINUTE MIRACLES. THE FIRST EXAM IS THE 7TH DAY OF CLASS.

 

CLASS NOTES
 

CLASS NOTES ARE AVAILABLE AT THE BAYTREE BOOKSTORE

WE WILL GO STRAIGHT THROUGH THE NOTES (IGNORE SECTIONS WITH A # SIGN;

YOU DO NOT HAVE TO READ THE MATHEMATICAL PROOFS CONTAINED IN BOXES)

HOMEWORK ASSIGNMENTS ARE AT THE END OF THE CHAPTER. DO ONLY THOSE QUESTIONS MARKED WITH AN *. OTHER QUESTIONS ARE USEFUL FOR REVIEW AND STUDYING FOR THE EXAMS. HOMEWORK ASSIGNMENTS MAY COVER MORE THAN ONE CHAPTER. HOMEWORK ASSIGNMENTS WILL NOT COVER ALL THE CHAPTERS. NEVERTHELESS YOU ARE RESPONSIBLE FOR THE MATERIAL.

THERE IS NO REGULAR BOOK FOR THE COURSE

 

I have translated the first 4 chapters of the notes into PDF files for those who have not been able to get a copy of the notes from the bookstore. Click on chapters 1-2, chapter 3, or chapter 4.

 

REQUIRED STATISTICAL WORK CAN BE DONE IN THE COMPUTER LABS

 

The course webpage can be found by going to MY WEBPAGE:            http://wittman.blogspot.com

 

THERE ARE NO LAST MINUTE MIRACLES.

 
I have translated the first 4 chapters of the notes into PDF files for those who have not been able to get a copy of the notes from the bookstore.  Click on chapters 1-2, chapter 3
chapter 4,
  and chapter 5. 

For an introduction to STATA, click on  STATA introduction


REQUIRED STATISTICAL WORK CAN BE DONE IN THE COMPUTER LABS

WEBPAGE

 http://wittman.blogspot.com

 

HOW TO DO WELL IN THIS COURSE  

Most economics majors have an intuitive feel for economics even before they take a course in economics. For example, they understand supply and demand. If a student does not have an intuitive feel, the student is unlikely to do well in his/her first economics course and will tend to major in a different field.


Very few students have a natural intuitive feel for statistics (this is a puzzle for economists who believe that good statistical thinking provides the person with survival advantages and therefore should be a trait selected for in evolution). And only a few students would take statistics if it were not required.  So how can you do well in Economics 113 despite being here against your will?

If you have a natural ability for the subject, this will be one of the easiest classes that you take. But what about the rest of you? You will need to be very patient. You must read and understand every sentence in the notes.  There are a lot of mathematical formulae in the book. The natural inclination is to just skip over the math and try to read the rest of the material the way that you would read a magazine. This is the wrong thing to do. You must make sure that you understand everything. This takes patience. I have tried to make the material intuitive. Sometimes intuition comes through diagrams. You cannot get through the course material without understanding these diagrams. So don’t skip over the diagrams; instead make sure that you really do understand. And if you don’t understand, then ask the teaching assistant or me for help. Pay more attention when words are bold, underlined or in italics. Skip material preceded by # and proofs in a box outline. The book often provides a series of examples. After working through the first example, see if you can do the next examples on your own.

Statistics is not a spectator sport. You must work on the homework problems even if they are not assigned. That is the way that you will learn. And don’t just copy answers out of the book or, worse still, from your friends. You need to answer the questions on your own. For example, make sure that you know the definitions without looking at the book.

You are going to have to devote a lot of time to this course. Don’t get behind. It is very difficult to catch up. I have made it difficult for you to slack off by giving you tests right from the get go. If you do poorly on the first exams, it is wishful thinking that you will do sufficiently better (as the course becomes harder) to make up for your initial poor performance.

Attend the study sections. You will learn from repetition and from seeing the material from a slightly different perspective.