This course is aimed to develop the empirical research skills used for the estimation of the economic relationships using the real data. After the course the students will be able to use the statistical software to analyze the economic data, interpret and critically evaluate the estimated relationships between economic variables
The goal of mastering the discipline
This course is aimed to develop the empirical research skills used for the estimation of the economic relationships using the real data.
The skills you get
- Students will know the mechanics and the important assumptions of the ordinary least squares model
- Students will be able to apply the OLS model to estimate the economic relationships
- Students will be able to critically evaluate the estimation results and their internal and external validity
- Topic 1; Review of probability and statistics
- Topic 2. Introduction to linear regression
- Topic 3. Multiple regression
- Topic 4. Nonlinear regression
- Topic 5. Assessing studies based on multiple regression
- 2nd year, 2nd semester
List of references and sourses
Stock, J. H., & Watson, M. W. (2015). Introduction to econometrics. Boston: Pearson/Addison Wesley.