Econometric Methods and Models
ECON 2310 920
ECON 101 AND ECON 103 AND MATH 104 AND (MATH 114 OR MATH 115)
This course focuses on econometric techniques and their application in economic analysis and decision-making, building on ECON 103 to incorporate the many regression complications that routinely occur in econometric environments. Micro-econometric complications include nonlinearity, non-normality, heteroskedasticity, limited dependent variables of various sorts, endogeneity and instrumental variables, and panel data. Macro-econometric topics include trend, seasonality, serial correlation, lagged dependent variables, structural change, dynamic heteroskedasticity, and optimal prediction. Students are required to perform several econometric analyses in a modern environment such as R.
Subject Area Vocab