ECON-343   Research Methods

An introduction to econometrics, the use of advanced statistics to investigate economic and business questions. Emphasis on evaluating the quality of available information, developing theory directed models, conducting original research, and interpreting and critically evaluating the published work of others. Topics include the classical linear regression model, heteroskedastic and auto correlated disturbance models, specification testing, simultaneous-equations and time-series models, selection and VAR models. Students learn to program in a popular statistical language (STATA). Calculus concepts used in the course will be taught as part of the course. Prerequisite: Statistics 143 or its equivalent.