Academic Catalog

ECON301 INTRODUCTION TO ECONOMETRICS I

Course Code: 3110301
METU Credit (Theoretical-Laboratory hours/week): 4(3-2)
ECTS Credit: 6.0
Department: Economics
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator: Assist.Prof.Dr DLEM YILDIRIM KASAP
Offered Semester: Fall and Spring Semesters.
Prerequisite: Set 1: 3110206
The course set above should be completed before taking ECON301 INTRODUCTION TO ECONOMETRICS I.

Course Content

The Simple Regression Model: basic assumption, estimation and tests of hypotheses, the coefficient of determination, regression through the origin, prediction, functional forms and the problem of choosing between them. The Multiple Regression Model: Estimation, hypothesis testing and prediction, functional forms and specification error analysis, multicollinearity.