ECON 3320 - Applied Econometrics

Prerequisite: BANL 1100. Application of econometric methods to quantify economic relations. By providing the basic tools to do empirical analysis to become a more sophisticated consumer of economic research done by others. To learn how to apply econometrics to real-world problems. Start with some estimation, hypothesis testing and confidence intervals in the simple and multiple regression. Extend the analysis to the dummy variable, autocorrelation, heteroscadasticity and simultaneous equations. Use of statistical programming language, R and R-Studio. 3 credits.