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ECON 335 - Introduction to Econometrics

  • 3 credits
View available sections

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).

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

Section 801

Required

  • Introduction to Econometrics, 3rd Ed. (2015)
    Stock
    ISBN: 978-0133486872
  • Introduction to Econometrics, Updated Edition - Loose Leaf (student value ed.) (2015)
    Stock
    ISBN: 978-0133592696
  • Introduction to Econometrics (e-book)
    Stock
    ISBN: 978-0133487022
    Not available at the CSU Bookstore
  • The Economy: Economics for a Changing World (2017)
    The CORE Team
    ISBN: 9780198810247
    Not available at the CSU Bookstore

Textbooks and materials can be purchased at the CSU Bookstore unless otherwise indicated.

Students need purchase only one of the above books.

Instructors