Department of Economics

University of Toronto
2015 Fall
Course

ECO220Y1Y Quantitative Methods in EconomicsL5101

Time and Location

Monday and Tuesday 69PM in MP203
See the section Course Schedule on the details of the class times. Dr. Yu will
do the lectures, and the TA will do the tutorials.
Instructor
Victor Yu
Office
GE 344, Max Gluskin House, 150 St. George Street
E-mail
victor.yu@utoronto.ca
(Please mention that you are a student in ECO220 in your email. Otherwise your
email will be replied at a later date. Avoid attachments in your email.)
Office hours
Monday
56pm
GE344
Wednesday 24pm
by appointment only
Website

Blackboard

Textbook

Sharpe, DeVeaux, Velleman, Wright: Business Statistics, Third Custom

Canadian Edition for ECO220, Pearson 2013

Marking
Scheme

Date
Duration
Weight
Location
Test 1 20151102 (Mon) 2 hours
13%
to be announced
Test 2 20151207 (Mon) 2 hours
15%
to be announced
Test 3 20160208 (Mon) 2 hours
15%
to be announced
Test 4 20160314 (Mon) 2 hours
15%
to be announced
Assignment
7%
Excel Test (ECM*)
10%
Final Exam
25%
*The Excel Course Module (ECM) is taught by Prof. Chen (christy.chen@utoronto.ca).
Aids Allowed in Test and Final Exam.
Formula sheet (posted in Blackboard and provided to you in the exams)
A non-programmable calculator.
Course Schedule
Week
Date
1 20150914 (Mon)
20150915 (Tue)
2 20150921 (Mon)
20150922 (Tue)
3 20150928 (Mon)
20150929 (Tue)
4 20151005 (Mon)

Lecture 1
no class
Lecture 2
no class
Lecture 3
Tutorial 1
Lecture 4

Chapter
14 Statistics, Data, Population, Sample
5

Quantitative data

Quantitative data (continued)

Scatterplots, Association, Correlation

1

5
6
7
8

10
11

12

20151006 (Tue)
Tutorial 2
20151012 (Mon) Thanksgiving Day, no class
20151013 (Tue) Lecture 5
6 Correlation (continued)
20151019 (Mon) Lecture 6
7 Linear Regression
20151020 (Tue)
Tutorial 3
20151026 (Mon) Lecture 7
7 Linear Regression (continued)
20151027 (Tue)
Tutorial 4
20151102 (Mon) Test 1 (Location to be announced)
20151103 (Tue) Lecture 8
8 Randomness and Probability
20151109 (Mon) November break, no class
20151110 (Tue)
November break, no class
20151116 (Mon) Lecture 9
9 Random Variables, Probability Distribution
20151117 (Tue) Lecture 10 9 Random Variables (continued)
20151118 to 20151120 Tutorial 5, time and location to be announced
20151123 (Mon) Lecture 11 10 Sampling Distributiona
20151124 (Tue)
Tutorial 6
20151130 (Mon) Lecture 12 11 Confidence Intervals for Proportions
20151201 (Tue)
Tutorial 7
20151203 to 20151205 Tutorial 8, time and location to be announced
20151207 (Mon) Test 2 (Location to be announced)
20151208 (Tue)
No class
---------------- winter break -------------------

13 20160111 (Mon)
20160112 (Tue)
14 20160118 (Mon)
20160119 (Tue)
15 20160125 (Mon)

Lecture 13
Tutorial 9
Lecture 14
Tutorial 10
Lecture 15

12.112.10 Testing Hypotheses on proportions

12.112.10 (continued)
13.113.4 Confidence Intervals and Hypothesis
Tests for Means

20160126 (Tue)
Tutorial 11
16 20160201 (Mon) Lecture 16 13.513.7 (continued)
20160202 (Tue)
Tutorial 12
17 20160208 (Mon) Test 3 (Location to be announced)
20160209 (Tue)
Lecture 17 14.114.4 Comparing Two Means
20160215 (Mon) Family day, no class
20160216 (Tue) Reading week, no class
18 20160222 (Mon) Lecture 18
(continued)
20160223 (Tue)
Tutorial 13
19 20160229 (Mon) Lecture 19 18.118.5 Inference for Regression
20160301 (Tue)
Tutorial 14
20 20160307 (Mon) Lecture 20
(continued)
20160308 (Tue)
Tutorial 15
21 20160314 (Mon) Test 4 (Location to be announced)
20160315 (Tue) Lecture 21 19.119.8 Understanding Regression Residuals
22 20160321 (Mon) Lecture 22 20.120.4 Multiple Regression
20160322 (Tue)
Tutorial 16
2

23 20160328 (Mon) Lecture 23

(continued)
20160329 (Tue)
Tutorial 17
24 20160404 (Mon) Lecture 24 21.121.6 Building Multiple Regression Models
20160405 (Tue)
Tutorial 18
One tutorial before the final exam, time and location to be announced.
20160412 to 20160429 Final exam period
Exercises from textbook
Work out at least 10 odd-numbered exercises from each chapter in the textbook.
The more questions you work on, the better you will understand the material.
Missing a Test
If you miss only one test, you must submit a medical doctors note or a letter to Dr.
Yu explaining the reason for missing the test. Your mark on the missing test is
assumed equal to your final exam mark. There is no make-up test. If you miss a test
with no valid reason, your test mark is zero.
If you miss more than one test, the mark on the first missing test is assumed equal to
your final exam mark. The mark(s) of other missing tests are equal to 0.
Statistics Tables
We use the following statistics tables in this course:
Standard Normal Table
Students ttable
Ftable
These tables are posted in Blackboard and they will be attached to your tests and the
final exam. These statistics tables look different than the statistics tables in the
textbook. Make sure that you know how to read the statistics tables posted in
Blackboard.