ECON 255 - Introduction to Econometrics

4 SS, QPf
First and Second Semester. This is an introduction to the application of statistical methods to the estimation of economic models and the testing of economic hypotheses using non-experimental data. The central statistical tool is multivariate regression analysis. Topics covered include: the Gauss-Markov theorem, testing hypotheses, and correcting for heteroskedasticity, autocorrelation, and simultaneous equation bias. In the weekly computer lab sessions econometric estimation software (Eviews) is used to analyze real-world data.

Prerequisites & Notes
Prerequisites: MATH 113 or 114, MATH 133, both ECON 251 and ECON 253, or consent of instructor.
Enrollment Limit: 20.
Ms. Craig (second semester), Mr. Fernandez (first semester)

Credits: 4 hours