Pennsylvania State University 3 credits EEFE
Econometrics is concerned with using aspects of economic theory, mathematics, and statistical inference to analyze economic phenomena and relationships. This course approaches econometrics with three broad considerations: 1.The role of econometrics in theoretical and applied economics; 2.The theoretical basis of econometrics; 3.The applied use of econometrics. Topics include general linear model, multicolinearity, specification error, autocorrelation, heteroskedasticity, restricted least squares, functional form, dummy variables, limited dependent variables.
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