316-352 Computational Economics and Business

316-205 Introductory Econometrics or 316-206 Quantitative Methods 2.

This subject covers the application of computer based techniques to solve the problems encountered in economics and business. The techniques covered include the construction and use of hierarchical data sets, the use of multivariate graphics and statistics in the context of data mining applications, the elements of computer simulations, and the application of linear programming for the analysis of productivity in the context of data envelopment analysis. One aspect of this subject is the introduction of students to different software options. Possible software to be considered will be SAS, Stata, GAUSS, SPSS, TSP, EMS, Scientific Word, and Eviews.

• High level of development: problem solving; statistical reasoning; interpretation and analysis; use of computer software; accessing data and other information from a range of sources.

• Moderate level of development: written communication; application of theory to practice; critical thinking; synthesis of data and other information; evaluation of data and other information; receptiveness to alternative ideas.

• Some level of development: oral communication; collaborative learning; team work.

A 2-hour end-of-semester examination (80%) and class assignments (20%).