Economics
 

Introduction to Econometrics

Introduction to Econometrics
Mathematical and statistical techniques used in estimating, predicting, and testing hypotheses associated with quantifiable economic relationships.
ECON
388
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
 PrerequisitesECON 378 & ECON 380
 TaughtFall, Winter, Spring
 ProgramsContaining ECON 388
Course Outcomes: 

Econ 388 students will be able to

  1. Demonstrate an understanding of the theoretical foundations of estimating and testing the basic regression model, employing tools from matrix algebra, calculus, and statistics.
  2. Perform basic regression and testing procedures using Stata.
  3. Complete an empirical research project that includes the following elements:.
  • Formulate an econometric model.
  • Collect and prepare relevant data for use in estimating the model.
  • Use appropriate methods of estimation.
  • Test relevant behavioral hypotheses.
  • Understand and test the Gauss-Markov assumptions.
  • Analyze and interpret the estimated model.
  • Prepare a written report summarizing the research results.