Applied Statistics and Econometrics

Course content

The course contains theory of regression analysis for econometrics, and explains applications of regression analysis to a variety of econometric problems. Hypothesis testing and confidence intervals in multiple regression and Diagnostic Checking. Stationary and nonstationary time series. Cointegration and error correction models. Panel data regression models (Fixed and random effects model). Dynamic econometric models: Autoregressive and distributed-lag models. Stochastic regressors and the method of instrumental variables.