ECON 6190 - Econometrics I

Fall. 4 credits.

Prerequisite: ECON 3130 (formerly 3190)-ECON 3140 (formerly 3200) or permission of instructor.

Staff.

Gives the probabilistic and statistical background for meaningful application of econometric techniques. Topics include probability theory probability spaces, random variables, distributions, moments, transformations, conditional distributions, distribution theory and the multivariate normal distribution, convergence concepts, laws of large numbers, central limit theorems, Monte Carlo simulation; statistics: sample statistics, sufficiency, exponential families of distributions. Further topics in statistics are considered in ECON 6200.