Universität Wien

180206 KU Foundational Econometrics (2021W)

4.00 ECTS (2.00 SWS), SPL 18 - Philosophie
Continuous assessment of course work
REMOTE

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 25 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Wednesday 06.10. 17:00 - 18:30 Digital
  • Wednesday 13.10. 17:00 - 18:30 Digital
  • Wednesday 20.10. 17:00 - 18:30 Digital
  • Wednesday 27.10. 17:00 - 18:30 Digital
  • Wednesday 03.11. 17:00 - 18:30 Digital
  • Wednesday 10.11. 17:00 - 18:30 Digital
  • Wednesday 17.11. 17:00 - 18:30 Digital
  • Wednesday 24.11. 17:00 - 18:30 Digital
  • Wednesday 01.12. 17:00 - 18:30 Digital
  • Wednesday 15.12. 17:00 - 18:30 Digital
  • Wednesday 12.01. 17:00 - 18:30 Digital
  • Wednesday 19.01. 17:00 - 18:30 Digital
  • Wednesday 26.01. 17:00 - 18:30 Digital

Information

Aims, contents and method of the course

The course will be ran fully online with streamed lectures during the normal lecture times.

The course is a standard introduction to statistics. The material will be taught at an accessible mathematical level.

The course will cover an introductory view of the following topics:
1. Descriptive Statistics (very quickly)
2. Probability
3. Random Variables
4. Inference
5. Regression Analysis

Assessment and permitted materials

Students will be evaluated on the basis of three different homeworks (20% of the mark each) and a written final exam (40%). Homeworks can be done in groups of max 4 people. The final exam must be individual. Both, homework assignments and the final exam are fully open book, i.e. students can use any materials they seem proper as long as they reference them. The final exam is a take-home exam.

The course grade is obtained from the sum of the exam and problem set grades as follows:
50-69% - 4
70-79% - 3
80-89% - 2
90-100% - 1

Minimum requirements and assessment criteria

Very little prior knowledge of probability and statistics is required.

In order to pass, students will have to complete 50% of the maximum homework grade and 50% of the maximum final exam grade.

There is no attendance requirement.

Examination topics

1. Descriptive Statistics
2. Probability
3. Random Variables
4. Inference
5. Regression Analysis

Reading list

Course Book: Newbold, Carlson and Thorne (2013): Statistics for Business and Economics, Pearson, 8th edition. (NCT)

Several examples have been borrowed from the following books:
1. Charles Wheelan (2013): Naked Statistics. Stripping the Dread from the Data, W.W. Norton.
2. Leonard Mlodinow (2008): The Drunkard'S Walk. How Randomess Rules Our Lives, Pantheon Books.
3. Nate Silver (2012): The Signal and the Noise. Why So Many Predictions Fail, But Some Don't, Penguin Books.

Association in the course directory

Last modified: Fr 12.05.2023 00:18