Jin Man Lee

Research Director, the Institute for Housing Studies
Adjunct Professor, Economics

ECO375: Introduction to Econometrics


This class is designed to concentrate the quantitative analysis using mathematics, statistics, and regression analysis. We will briefly discuss about statistics concepts related with population and samples, descriptive statistics, distributions, and inference and hypothesis tests.
We will spend most of the quarter on regression analysis; identify when regression analysis is the appropriate tool, what regressions reveal (and what they don't), how regression analysis can be adapted to problems that initially looked impossible, and how to tell if regression analysis is misused. We will examine the assumptions underlying regression analysis and the consequences when these assumptions are violated. There will be examples in class, homework, and computer exercises using STATA. We will use current and historical data to analyze various economic and business situations.


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