ECON 3205 - Introduction to Econometrics

4 unit(s)

A study of econometric techniques for measurement of economic relationships, analysis and forecasting of business situations, and testing of economic theories.

Prerequisites: ECON 2500, 2510 and MATH 1600 or 1602 or 1610, or consent of instructor.

Hours: (Lecture, 3 hours; laboratory, 2 hours)

Course Learning Outcomes List
The course objective is to introduce students to basic concepts in probability and statistics of relevance to managerial decision making. Topics include:

Basic data analysis;
Random variables and probability distributions;
Sampling distributions;
Interval estimation;
Hypothesis testing;
Simple regression;
Multiple regression; and
Time series analysis;

Numerous examples are chosen from quality-control applications, finance, marketing, micro firm data, and macro economic data.

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