Mô tả vắn tắt học phần

In this course, we study how economists use econometric models to analyze data, and in so doing, investigate the real world and suggest policy implications to policy makers. This course introduces the standard methods for estimating relationships between observed variables, and testing hypotheses about economic relationships based on economic theories.
The objective of the course is to introduce participants the power of econometric methods as well as their limitations. The focus will be on the estimation of econometric models, and interpretation of the estimation results. Econometric models that are widely used in journal articles are introduced in the course. For each model, students will be introduced the uses, the implementation of the model using econometric package (Stata), and the interpretation of the estimation results.