ECO 347 INTRODUCTION TO ECONOMETRICS

This course explores the statistical problems associated with the measurement and evaluation of economic models. Students will understand the major causes of bias inefficiency in ordinary least squares regression, and learn alternative methods for minimizing these problems. The focus of the course is on the application of econometric techniques to real world problems encountered in economics. As such, students will learn basic applications programming skills for managing data and estimating econometric models.  Topics include data transformation, measurement error, simultaneous equations, time series, panel data methods, and limited dependent variables.

Credits

4 sh

Prerequisite

ECO 111; ECO 203 or MTH 220 or STS 212; and MTH 116 or MTH 151 or higher; or permission of instructor.

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