Feb 20, 2024  
2021-2022 UMaine Undergraduate Catalog 
2021-2022 UMaine Undergraduate Catalog [ARCHIVED CATALOG]

ECO 385 - Econometrics

Introduction to the models and methods used to estimate relationships and test hypotheses pertaining to economic variables.  Among the topics covered in the course are: Single and multiple regression analysis; functional forms; omitted-variable analysis; multicollinearity; heteroskedasticity; and simultaneous equations models.  Practical application of regression techniques, including the use of coding and statistical software, occupies second half of the course.

General Education Requirements:  Quantitative Literacy

Prerequisites: C- or better in  MAT 116 or MAT 126 or equivalent, ECO 266 and one of the following: ECO 321 or ECO 350, or permission

Course Typically Offered: Spring

Credits: 3