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Economic Modelling

Basic information

Lectures

  1. Vital terms and definitions. Elements of combinatorics.
  2. Compound events. Random variable.
  3. Discrete and continuous distributions.
  4. Continuous distributions - part 2. Central limit theorem. Sampling distribution.
  5. Point and interval estimation. Sampling distributions.
  6. Hypothesis testing.
  7. ANOVA. Sample size determination. Statistical and econometric software.
  8. Simple linear regression.
  9. Multiple regression.
  10. Multiple regression. Choice of variables.
  11. Model verification. Part 1.
    Model of a unit cost.xlsx
    Model of a unit cost.mat
  12. Model verification. Part 2.
  13. Time series models.

Labs

  1. Lab 1.
  2. Lab 2.
  3. Lab 3.
  4. Lab 4.
  5. Lab 5.
  6. Lab 6.
  7. Lab 7.
  8. Test #1.
  9. Lab 9.
  10. Lab 10.
  11. Lab 11: model of a unit cost, part 2.
  12. Lab 12: model of a unit cost - residuals randomnes and normality.
  13. Time series.

Before sending your homework please apply the following guidelines:
a) choose 3 tasks from the list and solve them in one MS Excel workbook - each task in another sheet;
b) the filename of the workbook must be created as follows: EM,name,list number.xlsx
    for example: EM,Smith,2.xlsx
    (insert all the commas and do not use spaces);
c) in the mail subject please put (paste) the file name;
Homework can be sent to the start of the subsequent laboratories.