BUS-160 Business Foundations
ECON-343 Quant Econ & Econometrics
An introduction to econometric methods that are frequently used in applied economic research and business practice. Emphasis on creating, interpreting, and critically evaluating empirical results. Topics include the classical linear regression model, functional form, dummy explanatory variables, binary choice models, heteroskedastic and autocorrelated disturbance terms, and an introduction to simultaneous-equation and time-series models. Students learn to write their own programs in a major statistical programming language. Prerequisites: Mathematics 132 and 143 or their equivalents.