ECO 347 INTRODUCTION TO ECONOMETRICS

This course explores the statistical problems associated with the measurement and evaluation of economic models. As such, it requires the simultaneous consideration of economic theory. The focus of the course is on the application of econometric techniques to real world problems encountered in economics. We begin with simple regression analysis and proceed to investigate the problems of multicollinearity, heteroskedasticity and autocorrelation. Advanced topics include limited dependent variable models and panel data methods.

Credits

4 sh

Prerequisite

ECO 111 and ECO 203; or for statistics majors only, MTH 220 or STS 212; or for Economics or International Economics majors or minors only who placed in MTH 220 or STS 212 upon entrance, MTH 220 or STS 212 and MTH 116 or MTH 151 or higher or permission of instructor.

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