Introduction to Applied Econometrics (281-0-20)

Instructors

Richard Walker

Meeting Info

Tech Institute Lecture Room 2: Mon, Wed, Fri 1:00PM - 1:50PM

Overview of class

This course is concerned with the specification and estimation of relations among economic variables. It begins with a brief survey of basic statistical concepts and follows with an introduction to classical regression models, both simple and multivariate. We'll then consider various pathologies that can arise when conducting empirical research (omitted variables bias, heteroscedasticity, measurement error) and will conclude with an overview of endogeneity issues and the use of instrumental variables.

Registration Requirements

ECON 201-0, ECON 202-0, MATH 220-1, STAT 210-0 or higher level statistics class. All other substitutions (including AP Statistics) must be cleared through the Director of Undergraduate Studies for Economics.

Teaching Method

Lecture: 3/week

Evaluation Method

Exams: Three (two midterms, 1 final)
Problem sets: Three

Class Materials (Required)

Introduction to Econometrics by Chris Dougherty, 5th edition (ISBN-10: 0199676828)

Associated Classes

DIS - TBA: Tues 5:00PM - 5:50PM

DIS - TBA: Thurs 5:00PM - 5:50PM

DIS - TBA: Tues 6:00PM - 6:50PM

DIS - TBA: Thurs 6:00PM - 6:50PM

DIS - TBA: Tues 6:00PM - 6:50PM

DIS - TBA: Thurs 6:00PM - 6:50PM