Week 3-4: The Simple Two-Variables Regression Model
The estimation procedure, The economic interpretation of the estimated coefficients, Hypothesis testing and the use of Z, t, F, test statistics, The confidence interval and tests of significance approaches, The ANOVA technique, The explanatory power of the model, Coefficient of determination vs. correlation coefficient: comparing regression and correlation theory, Econometric forecasting and confidence interval for the dependent variable against future value of the independent variable, Important features of a good forecast, Extensions of the model: Time as an explanatory variable, Dummy variables, Estimation through the origin.
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Course Material
- Week 1-2: Introduction to Econometrics
- Week 3-4: The Simple Two-Variables Regression Model
- Week 5-6: The Multiple Linear Regression Model (MLRM)
- Week 7-8: Deviation from the Classical Assumptions
- Week 9 : Mid Term Exam
- Week 10-11: Multicollinearity
- Week 12-13: Heteroskedasticity
- Week 14-15: Autocorrelation
- Week 16-17: The Simultaneous Equations Models
- Week 18: Final Term Exam
- Chapters 10
- Department Economics
- Teacher
Dr. Adeel Saleem
