Introduction to Econometrics

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General

Prefix

ECON

Course Number

485

Course Level

Undergraduate

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

Goals and Diversity

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: