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ECON 335 - Introduction to Econometrics

  • 3 credits
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Estimating statistical regression models of economic relationships; treatment of special problems that may arise in analysis of economic data.

Upon completion of the course, the student should:

  • understand the nature and scope of economics as a social science.
  • use statistical analysis, including the classical regression model, to estimate relevant economic parameters, predict economic outcomes, and test economic hypotheses using quantitative data.
  • understand the basic assumptions of the classical linear regression model, and identify and correct (if possible) any violations of these assumptions, such as autocorrelation and heteroscedasticity.
  • develop and maintain a working knowledge of econometrics that will provide a basic foundation for future study in econometrics and statistical techniques.

This course will utilize Gretl, a free and user-friendly econometric software, for graphics, data management, basic statistics, and econometric estimation.

This course is approved for Validation by Education Experience (VEE) by the Society of Actuaries (SOA).

If you should have any questions about this course offering, please contact Director of Online Studies in Economics, Niroj Bhattarai, for more information. 

Prerequisite

ECON 204 (Principles of Macroeconomics); STAT 201/STAT 204 (General Statistics) or STAT 204/STAT 201 (Statistics for Business Students) or STAT 301 (Introduction to Statistical Methods) or STAT 307 (Introduction to Biostatistics) or STAT 311 (Statistics for Behavioral Sciences I) or STAT 315 (Intro to Theory and Practice of Statistics); MATH 141 (Calculus in Management Sciences) or MATH 155 (Calculus for Biological Sciences I)

Textbooks and Materials

Please check the CSU Bookstore for textbook information.  Textbook listings are available at the CSU Bookstore about 3 weeks prior to the start of the term.

Instructors

Ben Basow

Benjamin.Basow@colostate.edu

Colorado State University
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