ECON 3320 - Applied Econometrics

Prerequisites: ECON 1133 and QANL 2216. Application of econometric methods to test, examine or quantify economic relations. Provides training on the basic tools of empirical economic analysis. Students become more sophisticated consumers of economic research and are capable of applying econometrics to real-world problems. We start with some estimation, hypothesis testing and confidence intervals in simple regression with application of economics data. We then extend the analysis to multiple regression, introduce dummy variables, address auto-correlation, heteroscedasticity and simultaneity. Use of statistical software: Eviews 3 credits