ECON 341 - Econometrics 3 Credit Hours
Econometrics is a set of research tools used to estimate and test economic relationships. The methods taught in this introductory course can also be employed in the business disciplines of accounting, finance, marketing and management and in many social science disciplines. The aim of this course is to provide you with the skills necessary to be able to use data to meaningfully answer economic questions, and to understand both the implications and the limitations of the answers that you find.
This course develops student skills collecting and managing data, and using multiple regression for data analysis. Students will use Microsoft Excel and R-Studio to complete class projects, and will complete an independent research project (question formulation, hypothesis, data collection, analysis, and reporting) for presentation at the URSCI Expo.
The course emphasizes real-life, empirical applications with less emphasis on mathematical theory. All students will learn the basics of programming in R. Students will utilize case studies, spreadsheets, and contemporary software in this course.
Previously numbered as ECON 365
Prerequisite(s): QUAN 201 and CIS 120 .
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