Week 12-13: Heteroskedasticity
Meaning of Heteroskedasticity, The nature of the problem with reference to economic theory, Cross-section data and the problem of non-constant variances, Consequences for OLS estimators, Detection of the problem and remedial measures in brief, Introduction to the Generalized Least-Squares model (GLS).
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: Auto correlation
- Week 16-17: The Simultaneous Equations Models
- Week 18: Final Term Exam
- Chapters 10
- Department Economics
- Teacher
Dr. Rehmat Ullah Awan
