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 autocorrelated 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: Mathematics 143 or its equivalent.