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Abstract:
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We present statistical projects intended for undergraduate economics students with a statistics prerequisite. Projects model the interplay of statistics and economics needed for successful economic modeling, keep statistical thinking at the forefront, but also expect students to include economic theory in the model-building process. Projects generally include background reading from the economics literature that includes discussion of statistical approaches. Students should have some exposure to economic theories and some mathematical maturity in order to investigate mathematical underpinnings of the statistical methods, which may include variable selection in multiple regression, modeling time- or spatially-dependent data, Bayesian methods and general linear models. If time, will present support materials for students applying mathematics knowledge to new problems for the first time.
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