Applied Econometrics I
Econometrics has an important place in the data sciences. As your textbook authors say, the purpose of econometrics is to “untangle cause and effect in human affairs.” Econometrics is essential for advancing understanding in the social sciences, conducting public policy evaluation, and assessing the impact of business practice.
Both Applied Econometrics I and Applied Econometrics II are “hands on” courses in which you will not only learn to read and interpret existing studies, but will also conduct econometric analyses of your own. The goal is to help you take your first few steps toward becoming a “Metrics Master”! One of those steps is becoming competent and confident in the use of Stata to conduct empirical analyses.
Applied Econometrics I is the first course in a two-course sequence designed to teach the essentials of econometric methodology. You should plan to take both courses.
During the first course you will:
Applied Econometrics IIfollows up by pursuing those same topics in additional depth, and by treating other topics and applications. For instance, in that course you will:
You are presumed to have a solid grounding in basic statistics, at the level of 90-711 (Empirical Methods for Public Policy and Management), 90-786 (Intermediate Empirical Methods) or 95-796 (Statistics for IT Managers). We will make good use of the material covered in those courses.