ECO 3328 Econometrics
Extends applications of statistical techniques to business, economic analysis and basic econometrics. Stochastic multiple regression and CLR models are investigated and harmonized with time series models. Underlying assumptions are probed in detail and solutions are discussed to overcome violations. Qualitative dummy variables and Bayesian approach are introduced in regression. Time series analysis with Box-Jenkins, VAR and ECM models as well as Panel data is investigated to prepare best possible forecasting models. An individual project enables students to apply methodology to a practical situation.
Offered
Spring