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Appendix: Personnel & Enrollment
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ECON
418
Introduction to Econometric Methods
3 cr
Prerequisites: ECON 315, 316. Offered in fall and spring.
Economic structure and models. Deterministic models and probabilistic models, dynamic systems and distributed-lag models, least squares estimation. Errors in variables, autocorrelation, multicollinearity, lagged variables, dummy variables. Identification problem, indirect least squares, instrumental-variable estimates, two-stage least squares.