Об этом курсе
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The number of composite indices that are constructed and used internationally is growing very fast; but whilst the complexity of quantitative techniques has increased dramatically, the education and training in this area has been dragging and lagging behind. As a consequence, these simple numbers, expected to synthesize quite complex issues, are often presented to the public and used in the political debate without proper emphasis on their intrinsic limitations and correct interpretations. In this course on global statistics, offered by the University of Geneva jointly with the ETH Zürich KOF, you will learn the general approach of constructing composite indices and some of resulting problems. We will discuss the technical properties, the internal structure (like aggregation, weighting, stability of time series), the primary data used and the variable selection methods. These concepts will be illustrated using a sample of the most popular composite indices. We will try to address not only statistical questions but also focus on the distinction between policy-, media- and paradigm-driven indicators....
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Intermediate Level

Промежуточный уровень

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Предполагаемая нагрузка: 5 weeks, 3 hours per week (6 hours for week 2 only if no background on statistics)

Прибл. 15 ч. на завершение
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English

Субтитры: English
Globe

Только онлайн-курсы

Начните сейчас и учитесь по собственному графику.
Calendar

Гибкие сроки

Назначьте сроки сдачи в соответствии со своим графиком.
Intermediate Level

Промежуточный уровень

Clock

Предполагаемая нагрузка: 5 weeks, 3 hours per week (6 hours for week 2 only if no background on statistics)

Прибл. 15 ч. на завершение
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English

Субтитры: English

Программа курса: что вы изучите

1

Раздел
Clock
1 ч. на завершение

Welcome module

Welcome to the first module of this course. In this welcome module, you will be introduced with the Professors that will take part in this course on composites indices. We explain the rationale for composite indices (CIs) and show how they can be of interest. This course is open to NGO members, politicians, journalists, students and all persons interested in understanding, creating and/or interpreting CIs. By the end of this first module, you will have an overview of the content of the course week by week. ...
Reading
2 видео (всего 10 мин.), 4 материалов для самостоятельного изучения
Video2 видео
Trailer2мин
1.1.1 Welcome - introduction to the objectives and content of the course6мин
Reading4 материала для самостоятельного изучения
Slides for Lesson 1 introduction to objectives and content of the course10мин
Syllabus10мин
List of Acronyms10мин
List of References10мин
Clock
3 ч. на завершение

Some introductory issues

This module contains four lessons. The first lesson is an introduction to CIs. It defines what a CI is, introduces their mathematical notation and reviews some core historical aspects of their development, the need and use of CIs. The second lesson focuses on the demand for CIs while the third lesson develops a qualitative framework for the construction of CIs. More specifically, the intrinsic quality of CIs is discussed by reviewing their pros and cons. Finally, the last lesson of this introductory module sketches the steps involved in the construction of a CI. Learning outcomes: by the end of this module you will have a clear idea what a CI is (definition, ingredients, history, objective), know why it is needed and where it is used (needs and demand), be familiar with the quality requirements and have a first idea steps involved in the construction of a CI. ...
Reading
10 видео (всего 97 мин.), 4 материалов для самостоятельного изучения, 1 тест
Video10 видео
2.1.2 Need, use, pros and cons of composite indices8мин
2.2.2 Statistical offices and the public demand, part I15мин
2.2.3 Statistical offices and the public demand, part II8мин
2.2.4 The demand for social indicators1мин
2.2.5 The political demand, part I10мин
2.2.6 The political demand, part II9мин
2.3.1 Good practices for composite indices, part I12мин
2.3.2 Good practices for composite indices, part II10мин
2.4.1 Constructing composite indices: an overview14мин
Reading4 материала для самостоятельного изучения
Slides for lesson 1 introduction, definition and first examples10мин
Slides for Lesson 2 the demand for composite indices10мин
Slides for Lesson 3 towards a quality framework10мин
Slides for Lesson 4 the steps of constructing a composite index10мин
Quiz1 практическое упражнение
Quizz Module 220мин

2

Раздел
Clock
3 ч. на завершение

The steps of constructing a composite index

This module is organized along four lessons. The objective of this module is to familiarize you with the key steps to undertake when constructing a CI. The first lesson will develop a theoretical framework to support CIs’ construction. Notably, it will cover topics such as variables selection and data issues. The second lesson will introduce a unifying approach to construct CI by discussing aspects related to transformation functions and the elasticity of substitution. The entire third lesson will be devoted to an essential aspect in the construction of a CI: the choice of weights. Finally, the module will conclude by addressing questions arising after the construction of a CI. For instance, lesson four will discuss how to assess the robustness of the resulting CI. By the end of this module you will be familiar with all the most important technical (or say statistical) steps involved in constructing CIs. ...
Reading
10 видео (всего 93 мин.), 4 материалов для самостоятельного изучения, 1 тест
Video10 видео
3.1.2 Developing an economic/statistical framework, part II12мин
3.1.3 Selecting variables and data issues9мин
3.2.1 A unifying framework for composite indices4мин
3.2.2 The transformation functions10мин
3.2.3 The elasticity of substitution6мин
3.3.1 Choosing the weights, part I9мин
3.3.2 Choosing the weights, part II17мин
3.3.3 Choosing the weights, part III6мин
3.4.1 Robustness of results7мин
Reading4 материала для самостоятельного изучения
Slides for Lesson 1 developing an economic/statistical framework10мин
Slides for Lesson 2 A unifying approach to construct composite indices10мин
Slides for Lesson 3 Choosing the weights10мин
Slides for Lesson 4 After the construction10мин
Quiz1 практическое упражнение
Quizz Module 320мин

3

Раздел
Clock
3 ч. на завершение

Globalization and Youth labour market indices (ETH Zurich/KOF)

In this module, you will discover two popular indices developed by ETH Zurich: the Young Labour Market Index and the KOF Globalization index. In the first lesson of this week, you will learn more about the Youth Labour Market Index (YLMI). The KOF YLMI captures various aspects of the youth labour market situation of countries across the world. You will learn which indicators are included in the KOF YLMI and how these are aggregated into a single index. Furthermore, you will get to know an online tool that invites you to analyse the youth labour market situation yourself. In the second lesson of this module, you will learn about the KOF Globalization Index which is a widely used composite indicator that measures the degree of globalization for every country in the world since 1970. It distinguishes between three dimensions of globalization: Economic, social and political globalization. In the following module, you will learn why it is important to measure globalization and what the different stages in constructing the KOF Globalization Index are. A critical discussion of the Index sums up the module. ...
Reading
10 видео (всего 66 мин.), 8 материалов для самостоятельного изучения, 1 тест
Video10 видео
4.1.2 Introduction to the index and YLMI tool4мин
4.1.3 Index components7мин
4.1.4 Index aggregation and results7мин
4.1.5 User perspective3мин
4.2.1 Motivation of the KOF Globalization index4мин
4.2.2 Selection of variables10мин
4.2.3 Normalization, weighting and aggregation6мин
4.2.4 Results7мин
4.2.5 User perspective10мин
Reading8 материала для самостоятельного изучения
Slides for Lesson 1 Youth Labour Market Index10мин
KOF Study n°51 (optional)10мин
KOF Study n°67 (optional)10мин
KOF Study n°83 (optional)10мин
Slides for Lesson 2 KOF Globalization Index10мин
IMF 2007 Reaping the benefits of financial globalization (optional)10мин
Kose et al., IMF 2009 (optional)10мин
Schularick, JFE 2006 (optional)10мин
Quiz1 практическое упражнение
Quizz Module 420мин

4

Раздел
Clock
2 ч. на завершение

Export Potential Assessment (ITC)

This module focuses on trade indices developed by the International Trade Centre, the Export Potential Index (EDI) and the Product Diversification index (PDI). Frictions often create a gap between what a country could export and what it does export to markets around the world. Trade advisers could better address these frictions and help firms realize greater exports if they knew exactly which products and markets offer best chances. During this week, you will learn about the Export Potential Assessment (EPI and PDI), which indicates products, sectors and markets for trade development activities for over 200 countries and 4,000 products. Based upon an assessment of the exporting country’s supply capacity, the target market’s demand and tariff conditions as well as the bilateral links between the exporting country and the target market, it provides a ranking of untapped opportunities. ...
Reading
12 видео (всего 65 мин.), 3 материалов для самостоятельного изучения, 1 тест
Video12 видео
5.1.2 Global overview of the export potential assessment3мин
5.1.3 Motivation and data treatment8мин
5.1.4 Economic framework4мин
5.1.5 First dimension: the supply side7мин
5.1.6 Second dimension: the demand side5мин
5.1.7 Third dimension: the bilateral trade relations, and results4мин
5.1.8 Aggregation and final indicator construction5мин
5.2.1 Overview of PDI, motivation and data treatment5мин
5.2.2 The product space methodology6мин
5.2.3 Dimensions of the index: supply and demand sides, and results7мин
5.2.4 User perspective2мин
Reading3 материала для самостоятельного изучения
Slides for Lesson 1 Export Potential Index10мин
Export Potential Assessment Methodology (optional)10мин
Slides for Lesson 2 Product Diversification Index10мин
Quiz1 практическое упражнение
Quizz Module 520мин

Преподавателя

Stefan Andreas Sperlich

Professor
GSEM, Research Center for Statistics

Juan Manuel Rodriguez Poo (in Partnership with UNIGE)

Professor
Departamento de Economía, Universidad de Cantabria

О University of Geneva

Founded in 1559, the University of Geneva (UNIGE) is one of Europe's leading universities. Devoted to research, education and dialogue, the UNIGE shares the international calling of its host city, Geneva, a centre of international and multicultural activities with a venerable cosmopolitan tradition....

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