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Introduction to Econometrics: Theory and practice

Econometrics theory, derivations, proofs, hypothesis testing, diagnostic tests
Instructor
Zakia Batool
467 Students enrolled
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The course Introduction to Econometrics: Theory and Practice is designed to equip students with the essential tools and knowledge required to analyze economic data, test economic theories, and make informed decisions in the real world. This course bridges the gap between economic theory and empirical analysis, offering a balanced blend of theoretical concepts and hands-on practical application. Throughout the course, students will delve into the core principles of econometrics, learning how to formulate and estimate econometric models, assess their validity, and draw meaningful conclusions. Topics covered include simple and multiple regression analysis, assumptions of classical linear regression models, hypothesis testing, and diagnostic tests for model validation. Students will gain a deep understanding of regression analysis, assumptions of Ordinary Least Squares (OLS), and how to derive OLS parameters and proofs of the Best Linear Unbiased Estimators (BLUE) properties. The course places a strong emphasis on understanding the underlying assumptions and limitations of econometric models, ensuring that students can identify and address common issues such as multicollinearity, heteroscedasticity, autocorrelation, and endogeneity. By the end of this course, students will not only have a solid theoretical foundation in econometrics but also practical skills to address complex economic questions and contribute to evidence-based decision-making in various fields such as economics, finance, and public policy.

How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
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Course details
Video 4 hours
Certificate of Completion

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