ICOM6004 Quantitative Interpretation

This website serves as a notice-board for the course and will be updated as the course progresses..

Last updated: 11 December 2012

See link below for case study information


 John Aldrich  Murray 4008  john.aldrich@soton.ac.uk

Office hours   Wednesday 14.00-14.45 Thursday 11.00-11.45


6004 timetable

There is no strict separation between lectures and classes.

Tuesday    11.00-13.00

Wednesday 11.00-13.00


Course content

The course presents some concepts of economic statistics, population statistics and introduces basic modelling techniques in economics and demography. The aim is to support comparative studies generally and ICOM6002 Chinese Economic Reform in Comparative Perspective in particular. The course cherry-picks topics from Economics, Demography and Statistics/Econometrics. Naturally courses in these subjects treat the material in much greater depth.


·       Mathematics of growth

·       Population statistics

·       Economic Statistics

·       Modelling: theoretical and empirical



These are general references

·         Dudley L. Poston, Jr. and Leon F. Bouvier (2010) Population and Society: An Introduction to Demography, Cambridge UP

·         Gary Koop (2009) Analysis of Economic Data, third edition Wiley.

·         Robert H Frank (2009) Microeconomics and Behavior, McGraw-Hill

·         Barry Naughton (2007) The Chinese Economy: Transitions and Growth, MIT Press.

The last applies concepts treated in this course to China. 


Notes, data and exercises

Lecture notes, data and exercises will be accessible here. It is a good idea to print the notes before the lecture and annotate them while it is going on.

Notes1   Notes2    Notes3    Notes4   Notes5    Notes6     Notes7 (new)     Notes8  (new)  Notes9  (new) )  Notes10  (new) )  Notes11  (new) )  Notes12  (new)   Notes13  (new)  Notes14  (new) )  Notes15 (new)  Notes16 (new)  Notes17 (new)   Notes18 (new)  Notes19 (new)


Maddison data  Diewert on index numbers  ONS Interpreting the inflation figures     Anscombe’s Examples   Penn World Table  Mroz data    (Mroz key)

Ex 1   Ex 2   Ex 3   Ex 4    Ex 5    Ex 6    Anscombe   Ex 7     Ex 8     Ex 9     EViews Mroz    Ex 10    Mroz Tobit   Ex 11




Eviews is on the public workstations. Log in, Choose Start, All programs, Statistics, Eviews.

 Eviews Manual



A two hour written examination at the end of semester 1 (60%) together with a 2000 word critical evaluation of a case study (40%).


Case study  instructions.


Exam (old stuff)

The course was first given in 2010/11 and so there is one past paper.


This year the course content has changed considerably.


·         I have not covered the material in questions 2, second part of 4 and 8.

·         The descriptive statistics material examined in questions 1, 3 and the first part of 4 remains. Questions 6 and 7 also relate to this year’s material

·         The inferential statistics component has increased. Thus question 5 has been covered but new topics include probit, time series analysis and much more. I expect you to be familiar with what Eviews does.



The style of exam has not changed


·         There is a wide choice of questions.

·         The questions ask you to explain something.

·         None of the questions require the use of a calculator.