StudyPath

ECO 331 Introduction to Econometrics I

300 levelSocial Sciences10 topics

ECO 331 covers 10 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Nature and scope of econometrics
  2. The simple linear regression model
  3. Ordinary least squares (OLS) estimation
  4. Assumptions of the classical linear regression model
  5. Multiple regression analysis
  6. Coefficient of determination (R-squared)
  7. Hypothesis testing and significance tests
  8. Confidence intervals
  9. The Gauss-Markov theorem
  10. Interpretation of regression results

A sample from this course

One topic, as StudyPath teaches it.

Nature and scope of econometrics

The nature and scope of econometrics centre on what econometrics is, why it combines economic theory with mathematics and statistics, and the kinds of economic questions it helps us answer. For examination purposes, you must master its meaning, objectives, main tools, and limitations, because these ideas form the foundation for all later topics in econometric modelling and estimation.

What you get for ECO 331