School of Business and Economics

Department of Economics

Course Name
Introduction to Econometrics
Course Code
Eco 372, Section: 1
& Section No.
Semester Fall 2018

INSTRUCTOR AND DEPARTMENT INFORMATION

Instructor Syed Mortuza Asif Ehsan, Ph.D.

Name
Office NAC 831 C
Office Hours ST: 10.30AM - 1.00PM, 2.30PM-4.00PM
Saturday: 4.00PM - 6.00PM or by appointment
Office Phone +880-2- 55668200, Ext: 1813
Email Address syed.ehsan@northsouth.edu
Please write your Name, NSU ID#, and Section when you email me.
Department Economics
Relevant Links Google Classroom: https://classroom.google.com

COURSE AND SECTION INFORMATION

Class Time & MW: 01.00 PM – 02.30 AM at NAC 209

Location
Course Eco 172, Eco 173, Eco 244
Prerequisite(s)
Course Credit 3:0
Hours
Course Eco 372 is the first course in econometrics. This course introduces
Description students to multiple regression analysis and several methods for
analyzing data in economics and related disciplines. This course is
both theoretical and applied in nature. Students will understand
theoretical aspects of different statistical models, their assumptions,
and how to incorporate them to address and test economic theories
and hypotheses. Students will also deal with real data sets and apply
their acquired theoretical knowledge using statistical software
STATA.
Course Objective of Eco 372 is to enable students to choose suitable
Objectives statistical methods and deduce important inferences. This course
will emphasize on different kinds of inferences that can and cannot
be drawn from statistical analysis. It will also provide necessary
tools to students to make estimation in a variety of business and
economic scenarios.
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Student On successfully completing this course, students will be able to
Learning understand the follwoing:
Outcomes 1. Students will be able to do multiple regression analysis. They
(SLOs) will be able to choose a topic conductive to regression
analysis, specify a regression equation, run descriptive
statistics on the data using a software, run regressions,
interpret and evaluate results, and write a report detailing the
regression project and the results.
2. Students will be able to distinguish between quantitative and
qualitative variables and will be able to construct and use
dummy variables
3. Select the appropriate econometric model for addressing
econometric questions and defend their choices
4. Assess the validity of empirical analysis in a variety of
business and economic contexts.

TEXTBOOKS

Required

Stock J., Watson MW. Introduction to Econometrics (3rd Edition), Addison-

Wesley 2011

Supplementary

1. Woolridge J.M. Introductory Econometrics: A Modern Approach (5th Edition),

Cengage Learning

Important Dates (Tentative):

 Quiz I: Monday, Oct 22, 2018

 Midterm Exam I: Wednesday, Oct 24, 2018
 Quiz II: Monday, Nov 19, 2018
 Midterm Exam II: Wednesday, Nov 21, 2018

NB: These dates are tentative and are subject to change if situations demand.

TEACHING STRATEGY

The tentative lecture outline is provided below, which is subject to change depending
on the situation:

No Topic Lecture Chapter

1 Introduction 1 1
2 Review of Probability and Statistics 2, 3 2, 3
3 Review of single-variable Linear Regression model, 4, 5, 6, 7, 8, 4, 5
Inference, and Confidence Intervals 9
4 Introducing Dummy Variables, Heteroskedasticity 11, 12 5
5 Multiple Regression, Assumptions, Omitted Variable 13, 14 6
Bias
6 Hypothesis Testing and Confidence Intervals in 16, 17 7
Multiple Regression
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 7 Model Building and Specifications: Polynomials 18, 19 8
Model Building and Specifications: Lagged Variables
Model Building and Specifications: Polynomials
8 Addressing Endogeneity and Instrumental Variable 20, 21, 22 12
Estimation
9 Limited Dependent Variables, Simultaneous Equations, 20, 21 10, 11, 12,
Panel Regression, Introduction to Time Series 14
Estimation

Accessing the Google Classroom:

Google Classroom will be used to post announcements, lecture slides, and other class related materials.
You are responsible for checking it on a regular basis.

In order to access Google Classroom go to http://classroom.google.com> sign-in with your NSU email > click
the plus sign at the upper right corner > Join the section-1 of ECO 372 with code pmk4vnf.

COURSE EVALUATION

Course evaluation criterion are given in the following table.

Grading tool % contributing toward the final score

First Midterm Exam 25

Second Midterm Exam 25
Quizzes 10
Group Assignment 10
Final Exam 25
Attendance 5
Total 100

GRADING POLICY

NSU’s grading and performance evaluation policies will be followed in assigning your
grade.

Group Assignment: The assignment will be based on the application of materials

learnt in this course using a statistical software named STATA. The maximum group
size for this assignment is 3.

EXAMS AND MAKE UP EXAMS POLICY

There will be two quizzes. The quiz accounts for 10% of the course grades and calculated
averaging two quiz scores. The above table provides the details of the grading scheme.
There will be NO make-up for quizz(es).

Missed mid-term exams: There will be no make-up midterm exam if missed. However, if
there is a major circumstance that prevents student from taking any of the two (not both)
Mid-term exams, student May be allowed to appear in a make-up Mid-term exam.
Student(s) must provide me with official documents that prove their reason for missing

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the Mid-term exam. If permission is granted, the date and time of the make-up exam will
be set by the instructor and the student is asked to contact the instructor for further
information.
Please note:
 You must come prepared for all your exams.
 You must come on time.
 Being late does not necessarily guarantee that you are going to get extra time for
writing your tests and exam.
 You must bring your own pencil, pen, eraser, calculator and any other permitted
items that you may need and you are allowed during the tests and exam.
 All cell phones must be switched off.
 Any deviation from the standard procedures will not be taken lightly.
 Any unfair means adopted in the tests and exam will be seriously dealt with.
 Academic misconduct or failure to comply with NSU Examination Code of Conduct
may result in F.

COMMUNICATION POLICY

All communications should take place using my official email. Announcements made in the
classroom will override any statement made here. It is your responsibility to be aware of
any announcements made in the classroom.

APPROPRIATE USE POLICY

All members of the North South University community must use electronic
communications in a responsible manner. The University may restrict the use of its
computers and network systems for electronic communications subject to violations of
university policies/codes or local laws or national laws. Also, the university reserves the
right to limit access to its networks through university-owned or other computers, and to
remove or limit access to material posted on university-owned computers.

CLASSROOM RULES OF CONDUCT

1. The ground rule for our class is respectful, open communication. We have
many things to learn from one another. Every single question is appreciated!

2. When you come to the class, you become part of a learning community. Please
be conscious of your community role, and work toward creating a healthy
learning atmosphere in the class.

3. Don’t chat during the class. If you have to, then feel free not to attend the class
at the expense of your attendance for the day. Inability to refrain from
unnecessary, disruptive chatting may result in a request to leave the
classroom.

4. If you have to leave the class when it is in progress, sit near the door and leave
silently.

5. While in class, please switch off your cell phone. Inability to do so may result in
some penalty.

6. You must seek permission before using any sort of electronic gadget in the
class such as a laptop. Use of such gadgets for purposes other than note-taking
during lectures is strictly prohibited.

Visit NSU Code of Conduct website: www.northsouth.edu/student-code-of-

conduct.html

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ACADEMIC INTEGRITY POLICY: THE SCHOOL OF BUSINESS AND ECONOMICS DOES NOT
TOLERATE ACADEMIC DISHONESTY BY ITS STUDENTS. AT A MINIMUM, YOU MUST NOT BE
INVOLVED IN CHEATING OF ANY FORM, SUBMITTING THE SAME WORK IN MULTIPLE
COURSES, SIGNIFICANT COLLABORATION WITH OTHER INDIVIDUALS OUTSIDE OF SANCTIONED
GROUP ACTIVITIES, AND FABRICATIONS. YOU ARE ADVISED THAT VIOLATIONS OF THE
STUDENT INTEGRITY CODE WILL BE TREATED SERIOUSLY, WITH SPECIAL ATTENTION GIVEN
TO REPEATED OFFENCES. PLEASE REFER TO NSU CODE OF CONDUCT AT
HTTP://WWW.NORTHSOUTH.EDU/STUDENT-CODE-OF-CONDUCT.HTML ATTENDANCE POLICY

Good Luck

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