Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

1. Introduction to Economic StatisticsECON304 (Economic Statistics)

Pairach Piboonrugnroj, PhD

Faculty of Economics, Chiang Mai Universityme (at) pairach (dot) com

Summer 2016

This course is a part of Bachelor of Economics at Chiang Mai University, Thailand

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics

Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

Outline

What we will learn in this course1 Basic information2 Course description3 Course lecturer4 Course materials5 Contents6 Assessment7 Grading criteria

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics

Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

Basic information

What you need to know about this course

Day and Time:M-F 09:30-11:00 AM (No entry after 9:40 AM)

Room:

ECB2401

Prerequisite

751102 and 208272 and 206172 and consent of thefaculty

Midterm Exam:20th June 2016, 08:00-11:00

Final Exam:11th July 2016, 08:00-11:00

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics

Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

Course basic information

What you need to know about this course

This course is intended to emphasize the application ofstatistics to economic analysis: index numbers, time series,correlation and regression analysis, the method of leastsquares, simple and multiple regression.

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics

Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

Course lecturer

Who is teaching you

Pairach Piboonrungroj, PhDDirectorSupply Chain Economics Research Centre(SCERC)Faculty of Economics, Chiang Mai University

Contacts

Email: me@pairach.com

Facebook: fb.com/piboonrungroj

Twitter: @champ pairach

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics

Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

Course materials

Main e-textbook

Piboonrungroj, P. (2015)‘‘Economic Statistics with R”.Eduwisor Press: Chiang Mai.

Course webpage:

www.pairach.com/econ304

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics

Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

Contents

There are 30 classes. Each of 1 hour and 30 minutes. Eachtopics will be introduced and discussed in two lectures, thenfollowed by 2 classes of computer programming practices(with R language).

Contents Assignment/Quiz

Introduction to the course Pre-testIndex numbers (counting methods) Quiz 1Time series (trend & seasonal decomposition) Assignment 1Correlation (different types) Quiz 2Midterm Exam

Regression analysis (foundation and assumption) Course project explainedThe method of least squares (OLS) Quiz3Simple regression (procedure) Quiz4Multiple regression (model development) Course project submittedConclusion

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics

Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

Assessment

Students will be assessed their understanding and ability toapply statistics methods in economics by five approaches asfollowing:

Method Marks Details

Quizzes 20 % 4 quizzes on index number, correlation, OLS andregression, each 5%

Midterm

exam

30 % Index number, Time series and correlation

Final exam 30 % Regression analysis, OLS, Single and multiple re-gression

Course

project

10 % Select one topic and analyse the data using themethods learned in the course

Participation 10 % How students engage with the class e.g., Q&A andattendance record

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics

Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

Grading criteria

Grade MarksA 80-100B+ 75-79B 70-74C+ 65-69C 60-64D+ 55-59D 50-54F 0-49

Grade totally judged by thresholds, no mean or normaldistribution associatedNo grad request acceptedDecimal number of greater than or equal to 0.5 will berounded up

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics

Basic information Course description Course lecturer Course materials Contents Assessment Grading criteria

Good luck!

Q&A

Pairach Piboonrugnroj, PhD Faculty of Economics, Chiang Mai University

ECON304 - 01. Introduction to Economic Statistics