Introduction to Econometrics
General
Prefix
ECON
Course Number
485
Course Level
Undergraduate
Department/Unit(s)
College/School
Herberger Business School
Description
Model development and statistical testing procedures, applied economic analysis. Model specification, properties of estimation procedures, statistical inference.
Prerequisites
Credits
Min
3
Max
3
Repeatable
No
Goals and Diversity
MN Goal Course
No
Cultural Diversity
No
Learning Outcomes
Outcome
Distinguish between the art and science aspects of econometrics.
Outcome
Recognize the differences between correlation and regression analysis.
Outcome
Develop and estimate a single¿equation OLS regression model.
Outcome
Analyze regression results and test hypotheses regarding an underlying economic model.
Outcome
Recognize situations when simple OLS regression analysis is problematic and provide alternatives or corrections.
Dependencies
Courses
ECON485
is a
prerequisite
for:
Programs
ECON485
is a
completion requirement
for: