Introduction to Econometrics Instructor:
Noel Brodsky

Economics
4973, Fall 2016 Office:
2831 (215D) Coleman Hall

Phone:
(910) 688-3788

http://www.eiu.edu/~econinfo

email: nbrodsky@eiu.edu

Hours:
2:00pm-3:00pm MW,

4:15pm-5:15pm W

or by Appointment

GRADE DETERMINATION:

1 TERM PAPER (WORD PROCESSED-100 POINTS) = 100 POINTS

1 FINAL EXAM (CUMULATIVE) = __100
POINTS__

TOTAL 200 POINTS

Expected Grade Distribution
and Curve Structure:

Curve Structure: Average exam
score will be set at or near a baseline "B", excluding all zeros,
whenever necessary.

The Cutoffs are as follows:

88% = A, 77% = B, 66% = C,
55% = D, below 55% is an F

Special Information: Term
paper: The paper must utilize a word processor, done by the student turning the
paper in for his or her grade. Failure to do this will result in a failing
grade for the paper. The paper is absolutely required for the course, and
regardless as to the point value of the paper, failure to turn it in will
result in an automatically failing grade for the course. The paper is of your own making, subject to
my approval. The paper must be on a
topic related to Economics. A poor topic
choice is serious, and can result in a loss of 3 (three) letter grades on the
paper. It is a longer paper, say about 15-25 pages. ** Do not ever copy from someone
else**.

Important Dates:

Paper**: Proposal Due November 4, 2016** Paper
Length: 15-25 pages, word processed, double-spaced, your work. **Final
Draft Due Monday Decemeber 5, 2016, at 4:15pm**. The paper may be turned in
on Wednesday, **Decemeber 7, 2016**,
with the loss of 2 letter grades, each day thereafter, one
letter grade is lost.

If you have a documented disability, and wish to
discuss academic accommodations, please contact me as soon as possible.

Special requirement: All
students are required to have a computer account. Email is a fundamental means of communication
for this course, expect to use it. You
are also required to use a statistical package for this course. I will use SHAZAM, and will provide you a
means to install the package on the system of your choice. You may choose to use a different package,
but I will not support any other package.
Excel, while useful for some elements of the course, is not an
acceptable statistical package.

**Introduction
to Econometrics Economics 4973**

N. Brodsky,
Instructor

Syllabus

Text: *Introductory Econometrics*, 5^{th} ed. Wooldridge, Jeffery M, Cengage
Learning, Boston, MA, 2013

Chapter Topic

1. Review:

Hypothesis Testing, Confidence Intervals,
Expected Value, p-values,

Tests
on means (Z&t), variances (c2), F-test.

2. The Simple Linear
Regression (Cross-Sectional)

OLS Estimation

Assumptions

Coefficient Tests

R^{2} and Standard Error

Heteroscedasticity

3,4.
Multiple Regression

OLS Estimation

Assumptions

Single Variable Tests

Joint Variable Tests

R^{2} Adjusted R^{2} and Standard
Error

6. Nonlinear Regression
Functions

Polynomials

Logarithmic

7. Multiple Regession with
Qualitative Information

Dummy Varaibles

8. Heteroscedasticity

9. Specification and Data
issues

Omitted Variable Bias

15. Instrumental Variables
Regression

Identification Issues

2 Stage Least Squares

10. Regression Analysis with
Time Series Data

Autocorrelation

Autoregressions

Distributive Lags and ARIMA

Trends

Breaks

12. Serial Correlation and
Heteroscedasticity in Time Series Regressions

Testing
for Serial Correlation

Correcting
for Serial Correlation

18. Advanced Time Series Topics

Integration and Unit Roots

Cointegration

Conditional Heteroscedaticity

Generalized Least Squares

FINAL EXAM (cumulative)