EC2303 NOTES PDF

Module: EC Foundations for Econometrics. This is followed by probability, leading to random variables and various random distributions. Lastly, the module ends with sampling distributions, point and interval estimation and hypothesis testing. Assignment workload: The workload is not heavy at all. The problem sets are quite easy to do as they just comprise of basic questions and the lecturer would have already run through several examples during the lecture. Personally, the problem sets got harder towards the end of the module as the concepts got harder to grasp so more time had to be spent trying to finish the problem set.

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This module briefly introduces students to the historical beginnings of Japan in the Jomon Culture, through the Heian era, the warring states, Tokugawa, Meiji and World War Two. Beyond merely history, it also explores the cultural and philosophical aspects of Japan. It also briefly touches on the changing gender roles within the Japanese culture.

This includes not just within the society as a whole, but also between social classes. In general, I found the syllabus of the module to be quite broad and eye opening. However, it would have benefited with a little more depth in exploring the issues discussed. Content aside, the lecturer Dr. Scot Hislop was entertaining in his delivery of lectures. Unfortunately, this positive aspect was overshadowed by several negative factors.

First, the lecture slides are not released before the lecture. Second, there is very minimal information on the slides itself. Imagine one sentence on one slide and you would not be far off. Third, lectures are not webcast so you have to studiously take notes during lectures.

These three points may be off-putting but not too much of a hassle for a diligent student if not for the unfortunate circumstance, in which you cannot trust anything Dr.

Hislop says in lecture as factually accurate. Hislop himself will tell you that he delivers off the cuff, and believe me, this is no lie. At this point, you may be considering the intelligent strategy of skipping lecture altogether.

However, allow me to point out how highly risky that would be, since Dr. Hislop does actually design questions on the final exams based on what he talks about during lecture. Tutorial participation in this module simply required general discussions on ideas mentioned in lecture.

Class participation was not particularly competitive in nature. As for the forum posts, any and all topics were welcome as long as it was related to Japan.

The key element of doing well for this was merely doing sufficient research to back up whatever arguments or opinions you had on the subject. Also, although Dr. Hislop claimed that it is quality not quantity that counts in the forum, it is advisable to write at least 2 posts in the semester — one to begin a discussion thread, and one in reply to an existing discussion.

With regards to the project work, try to start early. This is especially since each group is presumably doing different topics of their choice, so there will be less to no direct comparison between different group reports.

Lastly, for the Final exam, you should know your acts and the big ideas. Most importantly, read the questions carefully. The bulk of the workload is mainly the weekly readings maximum 3 articles and the time needed for the group report.

I have found that little preparation is actually needed for tutorials as long as you have been following the readings and lectures through the semester. This is a core module for Economics majors. It comprises of basic principles on how to compare and maximize the utility of consumers for different types of goods i. The theories themselves are quite simple, but the questions tested in tutorials, midterm and the final exam will really require a thorough understanding of them and acute critical thinking.

To be honest, half the time I had no idea on even how to begin approaching the question. However, most people are in the same boat as you, so my only advice would be to work hard and consistently, and pray to the bell curve to save you. Of course, this situation could always be due to my humbly inadequate level of intelligence, so I shall leave the conviction of judgment to your good sense. The lectures for this module are clear and concise, courtesy of Dr.

Zhang, so no worries there. Also, as are most economics modules, the lectures are webcast. Tutorials are difficult, so make sure you revise after lecture and try to do them properly. There are usually not enough questions in all the tutorials for repeat presentations, so make your one tutorial presentation count. Tutorial presentation refers to the presentation of your answer to a particular question to the class. Those with conflicting schedules will be offered a makeup midterm. In my opinion, the bell curve for this module has been very steep.

During the midterms, the difference between the median i. The total marks for the entire paper was Thus, I cannot emphasize enough how important every aspect of the assessment is in making your grade.

Lastly, do your absolute best for finals — then pray. This is another core Economics Module. As the module name suggests, this module is on macroeconomics. Warning: math is needed for this module.

For example, you have to determine how much a consumer should spend in the first time period, save for the second time period, and spend in the second time period, in a two period model.

This includes interest rates on saving. This means calculating how much the firm should spend on wages and investment in maximizing its profit in the long run i. However, the second half of the syllabus has almost no math at all, consisting entirely of macroeconomic models. This is actually similar to the kind of models learnt in Junior College macroeconomics, except more complicated. Memory work is required, as all models simulate real world situations in some way, but not so in others.

You will have to know all the market responses to different factors in different models i. Classical or New Keynesian. The means of assessment for this half of the module is hence all essay writing and drawing of graphs. The lectures for this module are taught by Dr. Serene Tan, whose name I must say, certainly describes her voice.

I have dozed off in her lectures more than once due to her monotonous speech. However, other than this amazing sleep-inducing quality of hers, she is one of the clearest lecturers I have ever encountered. Lectures, unfortunately, are not webcast. The bright side though, is that it is possible to self-study through her lecture slides and the textbook. That being said, I still highly recommend attending lecture because the techniques you will need to answer tutorial and exam questions is taught in the way she conducts her lectures.

As for tutorials, student presentations are important, so prepare your answers well. Also, it seems most classes tend to be rather competitive, so you will definitely have to present multiple times to get ahead. The bell curve for this module is not as steep as EC Microeconomic Analysis I , but it is not that much better. As I mentioned previously, tutorial participation can be quite competitive. As for the Midterm and Final Exam, do note that doing well for one does not mean doing well for the other.

The Midterm exam tests the first half of the syllabus, which is mostly Math, while the Final exam tests almost exclusively on the second half, which means essay writing. Therefore, to do well in this module, you will have to master both the manipulation of numbers and the ideas encoded in language. Also, you will almost certainly not have enough time to complete either paper if you write very slowly. Hence, the three skills you will need for this module is accuracy, clarity and speed.

It is a purely mathematics module and quite straightforward in my opinion. It covers descriptive statistics, random variables, probability distributions, sampling distributions, hypothesis testing, and linear regression.

Distribution tables will be provided and only scientific calculators allowed for exams. However, for normal schoolwork, a Graphic Calculator will be useful to double check answers, especially for Binomial, Poisson and Normal Distributions.

Some of the material taught in this module will have been covered in H2 Mathematics in Junior College. The lectures for this module are really fun and I absolutely enjoyed them.

Emily Beam is as cute as her name suggests. She makes the lectures really interactive and enjoyable. She is quite clear in her delivery and she is very open to questions from students. I actually really liked this system because it gives you an incentive to revise your material every week. The quiz itself should not take more than 20 minutes as there is usually only 10 MCQ questions. It tests concepts, so if you get a wrong answer, you know you were either careless or your understanding of the concepts are not clear.

Note that the 2 presentations is an estimate. The number of presentations you need will ultimately depend on the competitiveness of your cohort. For problem sets, same as always, discuss with your friends and aim to score full marks on the assignments. You can even ask Dr. Beam for hints. The aim is to learn, not just score, so she will be more than happy to help you. Lastly, Midterm and Final should not be a problem as long as you know your concepts and have done consistent practice.

Your greatest enemy will be carelessness, especially since you will be using your calculator and referring to distribution tables. Try to write your numbers as legibly as possible to avoid mistakes. This module introduces the 7 major perspectives of psychology: evolutionary, social, cognitive, biological, developmental, clinical and personality.

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Year 2 Sem 1 AY2017/18 Module Reviews

Content Covered: Statistics! Really love the way the module was conducted and how formula sheets are provided because that way he focuses on testing our understanding of concepts and application of formulas rather than blind memorisation. Testing your patience and accuracy. Finals was pretty chill he repeated tutorial questions so please do your tutorial questions diligently!! Assessments: Class part, lect part, mid terms, finals Mid terms are ez! I scored below average for mid terms though because I slacked and bellcurve was very steep. Qns 1,2,3.

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EC2303 Review – Foundations for Econometrics

This module briefly introduces students to the historical beginnings of Japan in the Jomon Culture, through the Heian era, the warring states, Tokugawa, Meiji and World War Two. Beyond merely history, it also explores the cultural and philosophical aspects of Japan. It also briefly touches on the changing gender roles within the Japanese culture. This includes not just within the society as a whole, but also between social classes. In general, I found the syllabus of the module to be quite broad and eye opening.

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