Econometrics (381-1-20)

Instructors

Eric James Auerbach

Meeting Info

University Hall 122: Mon, Wed, Fri 11:00AM - 12:20PM

Overview of class

Most of economics is concerned with understanding relations among variables. Examples include the effects of education on earnings, the relation between the lengths of prison sentences and crime rates, and the relation between interest and inflation rates. Econometrics provides the statistical tools needed to infer these relations from data and test theory models of the relations. Thus, econometrics is the toolbox of empirical economics. This course covers the basic methods of empirical economics and provides tools that are needed to build and critically evaluate empirical econometric models. Topics will include the linear regression model, limited dependent variable models and causal inference.

Registration Requirements

ECON 310-1, (ECON 310-2, ECON 311-0 recommended), MATH 226-0, MATH 230-1, MATH 230-2, MATH 240-0 and MATH 314-0 (or equivalent).

Enrollment Requirements

Enrollment Requirements: All students must have taken ECON 310-1 or MMSS 211-1 in order to enroll in this course