ECON 321 - Econometrics

Credits: (3)

Instructional Method: Three hours lecture.
Prerequisites: STAT 200; ECON 105, ECON 106 , and one of the following: MATH 126, MATH 151, MATH 169, MATH 171, or ECON 207.
This course teaches students how to apply statistical methods to the analysis of economic data in order to test economic theories and produce forecasts. It uses the least squares regression theory to produce estimators and analyzes how to deal with problems unique in the analysis of economic data, such as heteroskedasticity, autocorrelation, and multicollinearity.

Note(s): Scientific and Quantitative Reasoning designated course. Students cannot receive credit for both ECON 421 and ECON 321.