ECON 2890 - Economic Data Analysis with Excel and SAS

• Students will be able to describe economic issues that face societies.
• Students will be able to locate economic data from sources on the internet and from online databases provided by the OU Alden library.
• Students will be able to use two statistical software packages Excel and SAS to analyze the data using both informal and formal methods.
• Students will be able to explain economic data presented in graphs and tables that they obtain from online sources such as the Bureau of Economic Analysis and Federal Reserve Board.
• Students will be able to use statistical software to convert quantitative data into graphs and tables.
• Students will be able to calculate new data variables such as real variables, per capita variables and growth rate variables using mathematical formulas.
• Students will be able to use statistical software to obtain descriptive statistics and develop basic statistical inference of the data.
• Students will be able to use statistical software to conduct basic regression estimation analysis of the data.
• Students will be able to make and evaluate important assumptions that underlie estimation, modeling, and data analysis.
• Students will be able to discuss the limitations of their assumptions and recognize the limits of their data analysis.
• Students will be able to formulate meaningful hypotheses and test these hypotheses using empirical data.
• Students will be able to interpret results and state conclusions for their hypotheses based on the significance of results.
• Students will be able to express empirical evidence in support of their hypotheses using written reports that include graphs, tables, and words.
• Students will be able to discuss policy implications of their findings, if relevant.