This course examines the theoretical properties and applications of the commonly used basic econometric techniques. After covering the classical regression techniques to estimate socio-economic relationships, the course focuses on problems with econometric techniques such as: model error and specification issues, dummy variables, dynamic models, nonlinear models, limited dependent variables, the identification and estimation of systems of equations. It provides hands-on exposure to the techniques through the utilization of a general econometric's computer software package.
Prerequisite: BUEC 333, BUEC 233 or STAT 306 (Grades of C- or better)