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

Apply appropriate econometric tools to model, estimate, and forecast economic problems.
Apply appropriate models using indicator variables onto various real-world situations.
Identify and interpret error problems in the model and apply appropriate treatments.
Use and apply regression analysis with time-series data and panel data.
Use econometrics software to process data and incorporate modeling techniques.
Perform model assessment and suggest improvements.
Critically evaluate the conclusions of others’ econometrics research studies.

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