QANL 6605 - Applied Econometrics

Prerequisite: BANL 6100. This course applies econometric methods to real-world economic questions in order to quantify economic relationships. By providing the basic tools to do empirical analysis, this course empowers the student to become a more sophisticated consumer of economic research done by others. A foundation is built first with estimation, hypothesis testing, and confidence intervals with simple and multiple regression. This core set of econometric skills is extended with the use of dummy variables, autocorrelation, heteroscedasticity and simultaneous equations. This course uses the statistical programming language R and the R-Studio programming tool. 3 credits.