ECO 2151 Introduction to Econometrics

3 units
Economics
Faculty of Social Sciences
Definition and scope of econometrics. The simple linear regression model and the method of ordinary least squares. Properties of the estimators. Statistical tests of significance. Problems of omitted variable bias and use of control variables. The multiple regression model and the assumption of conditional mean independence. Heteroskedasticity and robust standard errors. Dummy variables. Optional topics include analysis of time series and panel data. Previously ECO 3151.

Components:

Lecture

Requirements:

Prerequisites: ( MAT 2371 , MAT 2375 ) or ECO 2150 .

Previously Offered Terms:

Fall
Winter

French Equivalent:

Organized

121 responses

4.60

/ 5

strongly agree
79%
agree
10%
neither agree nor disagree
5%
disagree
2%
strongly disagree
3%
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Clear Expectations

121 responses

4.45

/ 5

strongly agree
75%
agree
7%
neither agree nor disagree
7%
disagree
7%
strongly disagree
3%
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75%
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Learned a Lot

121 responses

4.47

/ 5

strongly agree
73%
agree
12%
neither agree nor disagree
9%
disagree
3%
strongly disagree
3%
25%
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75%
100%

Fair Assessments

121 responses

4.37

/ 5

strongly agree
69%
agree
15%
neither agree nor disagree
6%
disagree
3%
strongly disagree
7%
25%
50%
75%
100%