Econometrics

The Course covers the fundamentals of economic theory, mathematics, and statistics as a baseline for Econometric analysis. Model building and hypothesis testing form part of this course. Students will spend most of the time on hands-on training on data management, model building - specification, exploratory data analysis, regression (OLS, profit and logit models), and other relevant analytical techniques.
Course objectives
The lecturer during the course will deliver the following:

• Building a statistical model
• Stating and testing a hypothesis
• Classical and Multiple Regression – OLS regression
• Testing the significance of the variables in the model
• Performing a probit and logit analysis
• Applying other statistical methods in data analysis

Learning outcomes
At the end of the course, the students should be able to:

• Build a statistical model
• State and test a hypothesis
• Test the significance of the variables in the model
• Perform a profit and logit analysis
• Apply other statistical methods in data analyse