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Courses - Fall 2024
ECON
Economics Department Site
Open Seats as of
12/21/2024 at 09:30 AM
ECON623
(Perm Req)
Credits: 3
Grad Meth: Reg, Aud
Prerequisite: Must have advanced knowledge of probability, statistics, and linear algebra.
Restriction: Permission of BSOS-Economics department.
Topics covered include problems of specification, estimation, hypothesis testing, and prediction in linear models. Topics include: classical linear regression and ordinary least squares, generalized linear models and generalized least squares, identification and estimation of simultaneous equation models including discussion of two-stage and three-stage least squares and other instrumental variable estimation methods. Both finite and large sample analysis of econometric procedures will be covered, and there will also be discussion of general hypothesis testing principles including discussion of misspecification tests. In addition, the course will provide instructions on the use of a major statistical package such as Stata.