INTRODUCTION TO ECONOMETRICS

Catalog description

This course is an introduction to econometric models and techniques, emphasizing regression for students who have completed a course in introductory statistics (including estimation and hypothesis testing based on sample data and simple least squares regre ssion). It aims to provide a solid practical basis in the subject and to enable students to be able to understand and interpret results published by applied economists in books and journals and also to undertake empirical work of their own. The course will place more stress on understanding and properly applying methods than on formal derivations and proofs. Advanced topics include instrumental variables, panel data methods, measurement error, and limited dependent variable models. Cross-listed with FINC 403. Prerequisites: ECON 201, ECON 202, STAT 230, each with a minimum grade of B-.