ECON 251 Econometrics I Units: 3.00
Estimation and inference in multivariate econometric models. Emphasizes understanding of methods and their properties as distinct from formal theoretical development. Practical tools for preparing and analyzing data with appropriate models are taught using econometric software.
NOTE A grade of C in this course is required as a prerequisite for ECON 352/3.0 or ECON 353/3.0.
NOTE A grade of C in this course is required as a prerequisite for ECON 352/3.0 or ECON 353/3.0.
Learning Hours: 120 (36 Lecture, 12 Individual Instruction, 72 Private Study)
Requirements: Prerequisite STAT 161/3.0 or COMM 162/3.0 or ECON 250/3.0 or STAT 263/3.0.
Exclusion ECON 251/3.0; STAT 361/3.0.
Offering Faculty: Faculty of Arts and Science
Course Learning Outcomes:
- Undertake specification, estimation, inference and hypothesis testing related to ordinary least squares regression models.
- Interpret and evaluate the output from ordinary least squares regression models.
- Apply ordinary least squares regression models in a variety of economic contexts.
- Appropriately employ statistical and econometric software for regression analysis.