STAT486 APPLIED STATISTICS AND ECONOMETRICS
| Course Code: |
2460486 |
| METU Credit (Theoretical-Laboratory hours/week): |
4(3-2) |
| ECTS Credit: |
8.0 |
| Department: |
Statistics |
| Language of Instruction: |
English |
| Level of Study: |
Undergraduate |
| Course Coordinator: |
|
| Offered Semester: |
Fall and Spring Semesters. |
| Prerequisite: |
Set 1: 2460102
, 2460363
Set 2: 2460156 , 2460363 |
| One of the sets above should be completed before taking
STAT486 APPLIED STATISTICS AND ECONOMETRICS . |
Course Content
The course contains theory of regression analysis for econometrics, and explains applications of regression analysis to a variety of econometric problems. Hypothesis testing and confidence intervals in multiple regression and Diagnostic Checking. Stationary and nonstationary time series. Cointegration and error correction models. Panel data regression models (Fixed and random effects model). Dynamic econometric models: Autoregressive and distributed-lag models. Stochastic regressors and the method of instrumental variables.
