ec1006 it for economists tutor: jarir ajluni [email protected] computer classes presentations
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EC1006 IT for Economists
Class 1 Week 5
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Essential Links
• Our Department http://www.le.ac.uk/economics
• The Library www.le.ac.uk/li
• Major information resources for Economics http://www.le.ac.uk/li/sources/subject7/lisuecon.html
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Favourites
• Adding to your Favourites
Simply click on ‘Favourites’ in the internet explorer menu then click ‘Add to favourites’
• Creating a Folder in Favourites:
Then we can add websites to the folder within Favourites
‘Create Folder’
‘Favourites’ ‘Organise favourites’
EC1006 IT for Economists Classes 1-2 Weeks 5-6
ESDS
• Economic and Social Data Service http://www.esds.ac.uk
• ESDS Data: Government: large scale Gov surveys. International: international Macro and Micro data. Longitudinal.
Qualidata: qualitative data.
EC1006 IT for Economists Classes 1-2 Weeks 5-6
ESDS International
• ESDS International www.esds.ac.uk/international/introduction.asp Includes databases of the international
development organisations: 1. UN common database. 2. World Bank (World Development Indicators). 3. IMF (IFS, DOTS & BOPS). 4. UNIDO, OECD and
5. Office of National Statistics (ONS) of the UK.
EC1006 IT for Economists Classes 1-2 Weeks 5-6
ESDS International
• World Bank www.worldbank.org/data
• IMF Balance of payments Statistics (BOPS) International Financial Statistics (IFS)World Economic Outlook Database, directly from
http://www.imf.org/external/pubs/ft/weo/2004/02/data/dbginim.cfm
EC1006 IT for Economists Classes 1-2 Weeks 5-6
ESDS Gov
• ESDS Government
www.esds.ac.uk/government
1. General Household Survey
2. Labour Force Survey
EC1006 IT for Economists Classes 1-2 Weeks 5-6
ESDS Gov
General Household Survey
‘Geographic focus’
‘ESDS Gov’ ‘Access Data’ ‘Access Data’
Choose ‘Scotland’ as we are redirected to UK data archive www.data-archive.ac.uk
EC1006 IT for Economists Classes 1-2 Weeks 5-6
ESDS Gov
Labour Force Survey
‘major studies’
‘ESDS Gov’ ‘Labour Force Statistics’
‘Access Data’
Choose ‘Labour Force Survey’ as we are redirected –again- to UK data archive www.data-archive.ac.uk
Alternative: the Office of National Statistics (ONS)www.statistics.gov.uk
EC1006 IT for Economists Classes 1-2 Weeks 5-6
EC1006 IT for Economists
Class 2 Week 6
EC1006 IT for Economists Classes 1-2 Weeks 5-6
e-journals
• JSTOR http://www.jstor.org/browse#economics
• Science Direct www.sciencedirect.com/science/journals/economics
• Ingenta • Expanded Academic ASAP• Business Source Premier & many other providers all available from: Leicester Digital Library > e-journals > search by provider
http://www.le.ac.uk/li/sources/ejournal
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Research Institutions
• Our Department’s Discussion Papers www.le.ac.uk/economics/research/dpseries.html
• CeDEx Centre for Decision Research and Experimental Economics
www.nottingham.ac.uk/economics/cedex
• IZA
Institute for the study of Labor, University of Bonn www.iza.org
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Research Institutions
• CEPR Centre for Economic Policy Research
www.cepr.org/pubs • NIESR National Institute of Economic & Social Research
www.niesr.ac.uk
• NBER National Bureau of Economic Research
www.nber.org/papers
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Research Institutions
• CID Centre for International Development
www.cid.harvard.edu
• Economic Growth Centre Yale University
www.econ.yale.edu/~egcenter
• CSAE Centre for the Study of African Economies
www.csae.ox.ac.uk
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Research Institutions
• ISER Institute for Social Social and Economic Research
www.iser.essex.ac.uk
• IFS Institute of Fiscal Studies
www.ifs.org.uk/workingpapers
EC1006 IT for Economists Classes 1-2 Weeks 5-6
EC1006 IT for Economists
Class 3 Week 7
EC1006 IT for Economists Classes 1-2 Weeks 5-6
MS Word
• Tracking Changes
‘Highlight Changes’ ‘Tools’ ‘Track Changes’
• Headers/Footers ‘View’ ‘Header and Footer’
• Footnotes/Endnotes ‘Insert’ ‘Footnote…’
EC1006 IT for Economists Classes 1-2 Weeks 5-6
EC1006 IT for Economists
Class 6 & 7 Weeks 10-11
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Regression Analysis
• The Model simple model (single variable regression)
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or more complicated model (multiple regression)
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Regression Analysis
• The Data Plotting the data on X,Y could be useful to understand the nature of the relationship between X & Y, but is that enough?
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X
Y
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Regression Analysis
-4
-2
0
2
4
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0 1 2 3 4 5 6
X
Y
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Regression Analysis
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0 1 2 3 4 5 6
X
Y
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EC1006 IT for Economists Classes 1-2 Weeks 5-6
Regression Analysis
2715.0
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R
iii uxy
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Microfit 4.0
Main Windows in Microfit 4.0
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Microfit 4.0 • About Microfit 4.0 Disadvantages:
1. Very unstable software (crashes very often).
2. Poor graphing & formatting of Output.Advantages:
1. Command driven but not “case sensitive”.
2. Advanced Econometric/Statistical Analysis.
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Microfit 4.0 • Commands in Microfit 4.0 Commands:Either typed or selected from list.includes direct commands for scatter plots, Histograms & correlation Examples:• scatter X Y • Xplot wage age • Cor X Y Z …
Then click on: Then click on: GoGo
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Microfit 4.0 • Functions in Microfit 4.0 Functions:Either typed or selected from list.
Standard mathematical functions & specified “typed-in” (similar to MS-Excel)Example: Creating a natural log Generic form: y = log (X) Lnwage = LOG (wage) (creates a natural log for variable wage)
EC1006 IT for Economists Classes 1-2 Weeks 5-6
Submission • Email to : [email protected] including:
• in the subject line:Your name, your ID #, & my name [ Jarir Ajluni ] • In your mail message: Your answers (Microfit & STATA commands) • Attachments: Excel file (.xls), Microfit file (.fit), STATA (.dta) STATA “Do” file (.do) is a plus!