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 366 and one of the following: ECO 321 or ECO 350 or ECO 420