ECON 8740 - Applied Statistics and Econometrics

3 Credit Hours
Description
This course develops basic knowledge of applied statistics and applied econometrics with particular emphasis on the relationship between economic variables. The first part of the course reviews statistical measures, random variables, and probability distributions. It will examine the role of a random sample and estimation and testing of parameters.The second part will introduce estimation approaches such as simple ordinary least squares and then multiple regression. These techniques will be applied to real data for the purpose of policy analysis in areas as diverse as health, labor markets, finance, development, and taxation.