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Introduction to Data Analysis in Economic Policy_v2

The course 'Introduction to Data Analysis in Economic Policy' is designed for students with no prior knowledge in statistics, requiring only algebra skills. It aims to teach statistical methods for answering policy-related questions using MS Excel, with a focus on hands-on experience and interpretation of research findings. Evaluation includes attendance, assignments, midterm, final exams, and additional support is provided for students with disabilities.

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hassanniazi2999
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2 views

Introduction to Data Analysis in Economic Policy_v2

The course 'Introduction to Data Analysis in Economic Policy' is designed for students with no prior knowledge in statistics, requiring only algebra skills. It aims to teach statistical methods for answering policy-related questions using MS Excel, with a focus on hands-on experience and interpretation of research findings. Evaluation includes attendance, assignments, midterm, final exams, and additional support is provided for students with disabilities.

Uploaded by

hassanniazi2999
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Course Introduction to Data

Lecture
Course No. Title Analysis in Economic Credit 3
No.
(Subtitle) Policy
Name Noah Myung (post : ) Homepage noahmyung.faculty.virginia.edu
Representative
E-mail [email protected] Phone No.
Instructor
Office Hour/Place : TBA

The course is designed for a student who has yet to gain prior knowledge in statistics. This class
will be mostly self-contained. Algebra is required: finding the slope of a line, solving a system of
Prerequisite Course
equations, computing averages, percentages, etc. Having a background in undergraduate-level
microeconomics will be helpful but not required.

Does California’s generous minimum wage law increase or decrease the unemployment rate?
How much impact does classroom size have on student learning? How do company retirement
plan changes impact people’s saving behavior? Does the Affordable Care Act reduce healthcare
spending? Do stricter gun controls reduce violent crime? These are just a few questions for which
policymakers (and informed citizens, for that matter) want the answers. How do we get those
answers? Can we believe them?

This course introduces you to the statistical methods researchers use to answer policy questions
*1. Purpose of Course and gain proficiency and confidence in understanding what methods were used, how the results
can be interpreted, and what cautions we should keep in mind when interpreting analyses.
Through hands-on experiences, you will gain proficiency in conducting your statistical analyses.
Along the way, you will discover just how challenging it is to get definitive answers to causal
questions like these. You will become comfortable with interpreting findings from original
research.

MS Excel is a valuable software commonly used in the professional world. This course will teach
you how to conduct these data analyses using MS Excel.

Software: Desktop version of MS Excel.

Textbook:
1. Real Stats: Using Econometrics for Political Science and Public Policy by Michael A. Bailey
(2nd edition).
*2. Materials and
2. Introductory Business Statistics by Holmes, Illowsky, and Dean.
Reference
A free digital version https://openstax.org/details/books/introductory-business-statistics

Others:
Additional readings and references will be periodically distributed.
Access to a calculator.
Additional
Attendance Assignment Midterm Final Attitude Other 합계
Evaluation
5% 30% 20% 30% 10% 5% N/A 100
*3. Evaluation (%) Students who are absent for over 1/3 of the class will receive a grade
Attendance Policy : of 'F' or U' for the course. (Exceptions can be made when the cause of
absence is deemed unavoidable by the course instructor.)
Other Remarks :
Introduction and Framework:
Lecture 1: Descriptive Statistics
Lecture 2 – 3 : Distributions and Central Limit Theorem
Lecture 4 – 5 : Hypothesis Testing

Lecture 6: Correlation vs Causation


Lecture 6 - 8: Bivariate Regression Analysis
*4. Lecture Plan Lecture 9: Dummy Variables
Lecture 10 - 11: Multivariate Regression Analysis

Toolkits:
Lecture 12: Fixed Effects Models
Lecture 13 – 14 : Difference-in-Differences Models
Lecture 14 - 15: Monte Carlo Method or Regression Discontinuity
Lecture 15: Conclusion

5. Additional Notes for


Hands-on experience of data analysis will be taught through MS Excel.
Students
○ Visual Impairment: Make textbooks(digital textbook, braille textbook, enlarged textbook
etc.), Allow note takers
○ Physical Disability: Make textbooks (digital textbook), Allow note takers and assistants
Class ○ Hearing Impairment: Allow note takers and translators, Allow lecture recording
○ Health Impairment: Excuse absence due to health problems, Allow note takers
○ Learning Disability: Allow note takers
6.
Assistance ○ Intellectual Disability / Autism Spectrum Disorder: Allow note takers and mentors
for
Students ○ Visual Impairment / Physical Disability / Hearing Impairment / Health Impairment / Learning
with Assignment Disability: Extend assignment deadlines, Offer alternate assignment submission and response
Disabilities & method, Extend testing period, Offer alternate testing method, Offer different testing room
Evaluation ○ Intellectual Disability / Autism Spectrum Disorder: Offer individualized assignments and
alternative evaluations
Students who take this course can get appropriate level of support service including the support
listed above depending on the students’ individual characteristics and needs through consultation
Others with professors and the Support Center for Students with Disabilities. If you have any questions
concerning support service for students with disabilities you can contact Professor ***(Contact
Information) or Support Center for Students with Disabilities (02-880-8787).

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