ECON 255 - Introduction to Econometrics

FC SSCI QFR

4 credits
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 software is used to analyze real-world data.

Prerequisites: ECON 253 and STAT 113.