ECON 523 - Introduction to Econometrics

Unit(s): 4

This course introduces students to modern regression analysis used in the applied social sciences. It focuses on Ordinary Least Squares (OLS) regression, the assumptions of the OLS model, multivariate regression, how to address violations of the assumptions of the basic OLS model, and how to build and test regression models with continuous, discrete, and categorical variables. Along with material in econometrics, the course also introduces students to topics in psychometrics including factor analysis, principal components, and the creation of psychological indices. Examples used in the class include social impacts from health, psychology, education, and microenterprise programs.

Prerequisite: ECON 521
College of Arts and Sciences