ch1 - Introduction to Econometrics The statistical analysis...

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Introduction to Econometrics The statistical analysis of economic (and related) data
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Econometria ????? Scienza che sottopone a verifica le teorie economiche Insieme di strumenti usati ai fini della previsione Adattamento di modelli economico matematici ai dati del mondo reale Scienza di usare dati storici per fare raccomandazioni di politica per il governo o gli affari
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Brief Overview of the Course Economics suggests interesting relations, often with policy implications, but virtually never suggests quantitative magnitudes of causal effects. What is the price elasticity of cigarettes? What is the effect of reducing class size on student achievement? What is the effect on earnings of a year of education? What is the effect on output growth of a 1 percentage point increase in interest rates by the Fed?
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The focus of this course is the use of statistical and econometric methods to quantify causal effects Ideally, we would like an experiment:
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ch1 - Introduction to Econometrics The statistical analysis...

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