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
Lecturer
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.
Topics
·
Mathematics
of growth
·
Population
statistics
·
Economic
Statistics
·
Modelling:
theoretical and empirical
Books
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
Computing
Eviews is on the public workstations. Log in, Choose Start, All programs, Statistics, Eviews.
Assessment
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.