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Introduction to Econometrics

Course

Description

https://at-ceu.studyguide.timeedit.net/modules/UGST4071?type=CORE

Aim & Background

Content The course offers an intuitive introduction to the (multiple) linear regression model-the workhorse statistical model in applied economics. The focus is on the ordinary least squares (OLS) estimator, including the conditions under which it is appropriate to give regression estimates a causal interpretation. RelevanceEconometrics is the link between economic theory and data. Without understanding linear regression, it is impossible to do applied research in economics. Moreover, familiarity with econometric/statistical methods is not only useful in academic research but has also become a critical skill in a host of other carrier paths, including government and private sector positions.
Course period6/04/2612/06/26