ECON 2350 Applied Econometrics 3.0 Credits
This course is an introduction to econometrics, the study and application of statistical methods to address real-world problems using economic data. The concepts and tools learned in this course have broad applications to business, the social sciences, law, public health, etc. Typical problems include estimating the returns to education, the effect of interest rates on unemployment, or the impact of alcohol taxes on traffic fatalities. An emphasis on causal inference and threats to causal identification permeates the course. Major topics include the fundamentals of probability and statistics, hypothesis testing, linear regression, non-linear relationships and interaction effects, internal and external validity, fixed effects, limited dependent variables, and instrumental variables estimation.
Repeat Status: Not repeatable for credit
Prerequisites: (ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C] and STAT 201 [Min Grade: C]) or (ECON 1201 [Min Grade: C] and ECON 1202 [Min Grade: C] and STAT 2201 [Min Grade: C])