Browse Hierarchy ECON6002: Econometrics

This module enables students to develop skills in both the investigation of economic and financial relationships and the examination of relevant theories using the statistical technique known as ordinary least squares regression (OLS). The theory underlying OLS is explained focusing on the optimality conditions that need to be satisfied and the consequences of not meeting them. Examples based on both economic and financial topics are used to illustrate the application of OLS in the estimation of relationships and the testing of theories. The module closes with a brief consideration of non-stationarity in time-series data and the problems involved.