The course begins with an introduction to econometrics and regression. This is followed by simple linear regression models and multiple linear regression with cross-sectional data, the OLS method and properties of OLS estimation, model inference and testing. The issue of functional form and data extension is also considered to ensure the reliable regression results are obtained. The course also helps equip students with important quantitative research tools that can be applied in scientific research and in practical applications.
The course also uses software R/Eviews/Stata to practice econometric models in estimation, testing and forecasting.