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Spring 2014 Introduction to Econometrics Huntington CH 463 ECN 423-201 CRN 3050

Spring 2014 Introduction to Econometrics Huntington CH 463 ECN 423-201 CRN 3050 Instructor: Dr. Michael A. Newsome 304-696-2613 newsome@marshall.edu Office Hours: M&W 3:45pm-5:15pm; F 9am-12noon

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Spring 2014 Introduction to Econometrics Huntington CH 463 ECN 423-201 CRN 3050

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  1. Spring 2014 Introduction to Econometrics Huntington CH 463 ECN 423-201 CRN 3050 Instructor: Dr. Michael A. Newsome 304-696-2613 newsome@marshall.edu Office Hours: M&W 3:45pm-5:15pm; F 9am-12noon Text: A.H. Studenmund “Using Econometrics: A Practical Guide” 6th Edition, Addison Wesley Longman, 2011 Software: STATA (Student-Small 13) 6-Month License

  2. Who am I? 1. Name: Michael Alan Newsome 2. Professor of Economics 3. Education 4. Work Experience: Teaching / Travel / Research 5. Personal Information: Family / Recent 6. What do I Believe in the Classroom? Organization Fairness Concern

  3. Introduce yourself to the Class: • Name • Major • Where From • What Did You Do Over the Break • Career Goals • Interesting Thing About Yourself

  4. Course Concept: Learn to Use RealData to Test Hypotheses about Models you develop while Thinking Like an Economist. Important: Marginal Analysis Opportunity Cost Behavioral Incentives

  5. This Course is very PRACTICAL!!! Tell me, I’ll forgetShow me, I’ll remember Involve me, I’ll understand - Chinese Proverb

  6. Basic Class Structure: 7 Chapters for Basic Theory (OLS: Continuous Dependent Variable) 3 Chapters to Understand Typical Problems 3 Exams (HW’s Extra Credit) STATA Practice & Tests for Practical Learning Presentation for Deeper Thinking of Concepts

  7. Syllabus Important Notes: Look on MUOnline (Blackboard) for PPTs. Use MUOnline to turn in Homework. Use your Marshall E-mail (not the Blackboard Class E-mail) for Communication)

  8. Seating Chart Weight Sheets Questionnaire Picture of Class

  9. Next Class: “Overview of Regression Analysis” -Read Ch 1 -Download PPT’s at MU Online

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