Econometrics is the application of statistical methods for the purpose of testing economic and business theories. This course will introduce students to the skills used in empirical research including, but not limited to, data collection, hypothesis testing, model specification, regression analysis, violations of regression assumptions and corrections, dummy variables, time series analysis, limited dependent variable models, and panel models. Extensive focus will be on the intuition and application of econometric methods, and as a result, statistical software will be used extensively. Students will be required to complete an independent research project involving the application of regression analysis.
| Distribution Area | Prerequisites | Credits |
|---|---|---|
| ECON 350, MATH 141, MATH 240, MATH 247 or permission of instructor. MATH 151 or the equivalent. | 1 course |