Pretty easy, overall.
Application of statistics and economic theory to problems of formulating and estimating models of economic behavior
Matrix algebra is developed as the main tool of analysis in regression. Acquaints students with basic estimation theory and techniques in the regression framework and covers extensions such as specification error tests, heteroskedasticity, errors in variables, and simple time series models. An introduction to simultaneous equation modes and the concept of identification is provided.
Hours per week:
Advice for students:
One must be really good with stats to do well here.