This is a broad-based introductory business statistics course that focuses on descriptive statistics, regression, estimation, and testing hypotheses. Topics covered include graphical methods, descriptive statistics, probability and probability distributions, the normal distribution, sampling distribution of the mean, estimation for means and proportions, hypothesis testing for one and two groups, and linear regression and correlation.
The primary focus of macroeconomics is the study of aggregate economic variables, e.g. interest rates, income, inequality, unemployment, and the price level. In this course, I discuss why and how the government attempts to control these variables using fiscal and monetary policy, as well learning the theory underlying these policies. I also discuss issues such as national income accounting, growth and the variety of competing macroeconomic theories. Students are expected to have taken the usual high school mathematics courses, which involve algebra and elementary analytic geometry.
This course examines the historic and political backgrounds of economic thought, the concepts and tools of micro-economics, the measurements and policies of macro-economics, their limitations, and the evolution of current economic discourses. This course will view issues and methodologies through the lens of American economic development, and selected world economic experience. Students will be expected to present and discuss readings and cases concerning assigned texts and materials.
The course introduces econometric techniques useful to conduct empirical analysis in economics and finance. The purpose of the course is to enable students to master the concepts and be able to complete an independent empirical project.