Economics 148 - Time Series

Data Science for Economics

Spring 2024 - UC Berkeley

Eric Van Dusen

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LECTURE 23

Econ 148 - UC Berkeley

Outline

Lecture 23, Econ 148, Spring 2024

Project

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Prophet

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Emily Aitken

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Econ 148 - UC Berkeley

Announcements

Midterm - still being graded - like half way through

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Project 3 - was released this week

Group Project - 3 / 4 people

Fill out the Google Form

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Econ 148 - UC Berkeley

Fill out Google Form !

Please fill out this form with who all you would like to be in your group.

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Econ 148 - UC Berkeley

Project - Latex

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Econ 148 - UC Berkeley

Why LaTeX?

• We want to be able to write math equations
• We want to format documents beautifully and ‘academically’
• Open source, shareable, and cross platform software
• We think it’s a good thing for you to know about
• If you are in Econ - you’ve been seeing HW and midterms

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• Economists use it
• Economics grad students use it
• Upper Div CS classes use it

Econ 148 - UC Berkeley

There are easier approaches - hostmath.com

Econ 148 - UC Berkeley

Let’s go make an overleaf account

https://www.overleaf.com/

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“Sign in with Google”

Use UC Berkeley Account

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Econ 148 - UC Berkeley

Econ 148 - UC Berkeley

Econ 148 - UC Berkeley

Overleaf - start a new file

Copy and paste text into new document on Overleaf

Or… download file and upload to Overleaf

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You can upload a template

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You can import other folks files

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You can do all of the formatting of the file

• Sections, Headers, Tables
• Journal Article templates
• Quiz and Homework templates

Econ 148 - UC Berkeley

Good things to know about LaTeX

Language uses \ a lot to denote actions or unique characters

Everything that’s part of a symbol or function is wrapped within {}

E.g. \frac{5}{8} == ⅝

E.g. \section{This is a section header}

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Econ 148 - UC Berkeley

Titles and Imports

TLDR: don’t worry about these

Econ 148 - UC Berkeley

Sections and Subsections

\section{<SECTION NAME>}

Without numbers: \section*{<SECTION NAME>}

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Econ 148 - UC Berkeley

Making a List

\begin{enumerate}

\item …

\item …

\end{enumerate}

Econ 148 - UC Berkeley

Adding Images

Put this in the title/imports:

\usepackage{graphicx}

\graphicspath{ {./images/} }

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To add an image:

Make sure an images folder is created, then to include image.png:

\includegraphics{image.png}

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Econ 148 - UC Berkeley

Typesetting Equations

In-line: $<LATEX FORMULA>$

As its own block: there are a few ways to do this. Two of my most commonly used:

• $$<LATEX FORMULA>$$
• \begin{align*}�<LHS> &<OP> <RHS> \\�etc.

\end{align*}

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Econ 148 - UC Berkeley

Project - Reproduce a Journal Article

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Econ 148 - UC Berkeley

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Econ 148 - UC Berkeley

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Econ 148 - UC Berkeley

Have to fill out Dataverse form!

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Econ 148 - UC Berkeley

Open the dataset!

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Econ 148 - UC Berkeley

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Econ 148 - UC Berkeley

A little more on Prophet! -

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https://ryxcommar.com/2021/11/06/zillow-prophet-time-series-and-prices/

Econ 148 - UC Berkeley

Python on top - Stan underneath

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Econ 148 - UC Berkeley

https://ryxcommar.com/2021/11/06/zillow-prophet-time-series-and-prices/

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Data Scientists

Easy to Use Model

AI - ML algorithms

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Domain Knowledge

Finance

Local Knowledge

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Econ 148 - UC Berkeley

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Econ 148 - UC Berkeley

Zillow drops in Nov 21

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Econ 148 - UC Berkeley

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Econ 148 - UC Berkeley