About the final exam

1. Date: March 19 (Thursday) from 3:30PM ~5:00PM

2. The exam will be mostly multiple choice questions.

Exam coverage is as follows

The exam covers Handout 5 to Handout 7-1 However, it covers the omitted variable bias (Handout 2, Slide 13-16) It does not cover Chow test (Handout 6, slide 34-46)

3. You are allowed to bring A4 `cheat sheet. You can write both front and back.

Final exam checklist

Have you done all the exercise questions in the handout?

Have you done all the problem sets

Have you understood how to compute the partial effect when quadratic term is included?

Have you understood how to compute the partial effect when the model involves the interaction term?

Have you understood what to do when there is a categorical variable?

Have you understood how to interpret the coefficients when there are interactions between two dummy variables (life female*Married)

Can you tell the direction of the bias using the omitted variable formula? Have you understood the two requirements for the instrumental variables?

Are you able to estimate 2SLS model?