Citation in Economic Measurement
This program is designed
for professional staff requiring a solid grounding in the principles and
practices of economic measurement. The program assumes some quantitative
background, but no previous formal training in either survey methodology or
economics.
Prerequisites of the
Citation Program
Students must have
completed a minimum of 12 semester hours or 18 quarter hours at a regionally
accredited college or university with a cumulative grade point average of 3.0 or
higher; and have taken either a course in statistics or an intermediate-level
course in microeconomics, and received a grade of "B" or better. Students must
apply and be accepted as either an "Advanced Special Student" (for those with a
bachelor's degree) or as a Transfer Undergraduate at the University of Maryland.
The Curriculum
The student first
completes the semester-length credit-bearing course, Introduction to Economic
Measurement (SURV 699L), earning a grade of "C" or better. The student then
completes eight different one or two-day short courses. These must include the
four core short courses -- Introduction to Survey Sampling, Introduction to
Survey Estimation, Introduction to Survey Methods for Businesses and
Organizations, and Analysis and Presentation of Economic Data. The student
chooses four other short courses from the 6-8 short courses that JPSM offers
each year that are designated as suitable electives for the Economic
Measurement citation program. After completing the Introduction to Economic
Measurement course and the four core short courses, the student takes a written
examination that covers the material in the courses.
Introduction to Economic
Measurement
(SURV
699L)
This course is designed as
an introduction to the field of economic measurement, taught at the graduate
level. Sound economic data are of critical importance to the Federal Reserve
System, the executive branch, the Congress, the business community, and others.
The course begins with an overview of the key uses and users of economic
statistics and then provides a brief introduction to the creation of business
registers; business survey sampling and estimation; and the collection of data
from businesses. The remainder of the semester is devoted to issues in the
production of price statistics, employment and earnings statistics, and the
national accounts and with the use of administrative data in producing economic
statistics. The discussion of these topics emphasizes the economic concepts
that underlie key economic statistics and the translation of those concepts into
operational measures.
Core Short
Courses:
Introduction to Survey Sampling
This is a foundation course in sampling methods for survey research. It
presents, in a non-technical manner, basic sampling techniques such a simple
random sampling, systematic sampling, stratification, cluster sampling, and
probability proportional to size selection. Opportunities to implement sampling
techniques are provided by a series of exercises that accompany each topic.
Group work is an integral part of the course. Participants can expect to become
sufficiently familiar with basic techniques to be able to converse with sampling
statisticians in an informed way.
Introduction to Survey Estimation
This short course provides an introductory exposure to producing estimates of
population parameters from sample surveys. It treats concepts of uncertainty due
to sampling and describes how the sampling errors of survey statistics vary as a
function of sample design. It presents the basic tools of computing descriptive
statistics, like means, percentages, and population totals from sample surveys.
It examines statistical procedures used in comparing subgroups on attributes
measured in the survey. It treats inferential issues in moving from sample-based
statistics to describing the target population of the survey. It describes
current practices in the presentation and description of descriptive statistics
in sample surveys. Practical exercises during the short course reinforce the
lecture materials and handouts.
Introduction to Survey Methods for Businesses and Organizations
The course begins by providing an overview of the basic steps used to conduct
business and organizational surveys. It explains principles and practice
in designing, implementing, evaluating and coordinating data collection from
organizations. It explores strategies used in ongoing data collections,
contrasting current methods with alternative designs and modes of conducting
surveys and censuses. The course is structured around the concept of Mean Square
Error (MSE), which gives a systematic approach to evaluating problems and
quality in data collection. Sources of error that contribute to the MSE
include: 1) specification error, 2) frame error, 3) non-response error, 4)
measurement error, and 5) processing error. During the course, each of these
sources of error is illustrated using examples from organizational surveys that
have been conducted for the federal government and private sponsors. The
course also discusses ways to evaluate and reduce error, especially non-sampling
error, and describes techniques for understanding and improving data quality.
Analysis and Presentation of Economic Data
This short course is designed to introduce producers of economic statistics to
the tools they need to present those statistics effectively to the data user
community. The course begins with a discussion of the varied users and uses of
Federal economic statistics. Students are exposed to principles and practices
for the construction of tables and graphs that display economic statistics in an
objective, informative fashion. Techniques for assessing and displaying trends
in and relationships among economic data series are explored. Key
considerations in the preparation of press releases, bulletins, and analytic
articles are discussed. Practical group exercises augment and reinforce the
lecture materials.
The Four Additional Short Courses can be chosen from the
6-8 short courses offered each year by JPSM
that are designated as suitable electives for the Economic Measurement program.
The short course schedule is updated each year. Offerings in recent years have
included:
U.S.
Federal Statistics as a System
Introduction to Survey Management
Sampling for Establishment Surveys
Model-Based Survey Sampling: Theory and Practice
Introduction to National Accounts
The Role of Administrative Records in Federal Economic Statistics
Creating and Updating Price Indexes: Theory and Practice
Quality Change and Hedonic Price Indexes
Measuring and Analyzing Trends in Productivity
Diagnosing and Treating Gaps in Economic Statistics
Statistical Analysis with Missing Data
Statistical Disclosure and Disclosure Limitation
Introduction to Small Area Estimation
Statistical Metadata: Understanding Its Role in Survey Processes
Record Linkage
Words, Numbers, Symbols and Graphics
Model-Based Survey Sampling: Theory and Practice
Questions for Standardized Measurement in Surveys
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