Econometrics

Spring. 4 credits. Forbidden Overlap: Students may not receive credit for only one course in the following group: ECON 3120, ECON 3125 (formerly 3210), ECON 3140.Prerequisite: ECON 3130 (formerly 3190). Staff.Introduction to the theory and application of econometric techniques. Emphasis is on foundations and development of econometric models, focusing on how a theoretical economic model can be placed into a statistical framework where data is used for the purposes of prediction/forecasting, measurement, and/or testing of economic theory. Topics include estimation and inference in bivariate and multiple regression models, instrumental variables, regression with qualitative information, heteroskedasticity, serial correlation.