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Dec 26, 2024
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ECON 400 - Econometrics 5 CR
This course introduces Econometric methods used in economics, business, finance, marketing, management and other disciplines, with emphasis on practical use and application. Students will construct models using real-world empirical data, conduct hypothesis testing, forecast outcomes, and learn to estimate and interpret the parameters of models.
Prerequisite(s): MATH 342 with a C or better, and acceptance into BAS Data Analysis and Management program Data Analytics concentration, or permission of the instructor.
Course Outcomes
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Apply appropriate econometric tools to model, estimate, and forecast economic problems.
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Apply appropriate models using indicator variables onto various real-world situations.
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Identify and interpret error problems in the model and apply appropriate treatments.
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Use and apply regression analysis with time-series data and panel data.
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Use econometrics software to process data and incorporate modeling techniques.
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Perform model assessment and suggest improvements.
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Critically evaluate the conclusions of others’ econometrics research studies.
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