ECON 203 1st Edition Lecture 1 First Lecture of Fall Semester 2014 I. Economics 203 at the University of Illinois Outline of Current Lecture I. Syllabus Review1. Office Hours2. RequiredII. Introduction to Economics 203 Statistics1. “Tool Chest”i. Objectivesii. Data TypesIII. Overview of Economics1. HomeworkCurrent LectureI. Syllabus Review1. Office HoursRoom 116 David Kinley HallWed 10:15 – 11:152. Required- Homework every week on compass- Textbook paperback or online- Projects and exams- Everything is in notes package pages 1-5 II. Introduction to Economics 203 Statistics“Without data, ours is just another opinion” Utilize data to conduct scientific analysis thereby informing judgment1. “Tool Chest”i. Objectives- Describe a single population- Compare two or more populations- Analyze the relationship between two or more variablesThese notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.- Forecast value ii. Data types- Quantitative data- Qualitative data- Time series data- Cross-sectional dataIII. Overview of Economics 203- Understand the relevance of statistics in future courses and work environments- Built off of the basis of Economics 2021. Homework- On Aplia, look at course packet for help- Reference notes for clarification- Office Hours
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