Data, Economic Modeling, and Forecasting with Stata

Data analysis, modeling, and forecasting are increasingly important for many jobs. This course shows how to use Stata to easily learn data, modeling, and forecasting basics.

Introduction

• Be prepared for the data jobs of the future

1. Overview

• Purpose of modeling in Stata
• The value of good data and good big data

2. Modeling Basics

• Statistics and econometrics
• Univariate and multivariate linear regression models
• Correlation is not causation
• Overly tight model fit
• Models are always wrong

3. Screencap Basics in Stata

• Overview and enter data
• Data preparation and selection
• Inputting data
• Mean and summary statistics
• Standard deviation and SE
• Correlation
• Key output validity measures
• Univariate model
• Multivariate model
• Appling univariate model to forecast
• Saving and files

4. Advanced Topics

• Advanced topics

Conclusion

• Next steps