EC252 Introduction To Econometric Methods Notes | Assignment Help | Syllabus
Country: United Kingdom
University: University Of Essex
This lesson offers an overview of the most popular econometric techniques for analyzing economic data. The module focuses on linear regression and the estimate method known as ordinary least squares (OLS). After a review of fundamental probability, random variables, simple descriptive statistics, and the null hypothesis, this is presented.
After that, students will learn how to utilize t-tests and F-tests to draw conclusions about the estimated parameters, as well as what diagnostic tests are available to evaluate some of the assumptions of the basic OLS model. The subject will next go on to identify and model definition, as well as the ideas and consequences of consistency and efficiency. The program will be taught using the Stata software package throughout and will always include economic examples based on actual data.
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