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Colleges

Econometrics

Course Description: This course aims to introduce economic concepts and analytical methods, enabling students to understand and apply economic arguments in the business decision-making process. The course also equips students with standard economic tools used to support decision-making and contributes to developing a comprehensive understanding of the broader economic framework within which decisions are made.
Credit hours: 3
Objectives of the course :

1- Explanation of Econometrics and the Econometric Methodology Used in Analysis.
2- Clarify the basic steps involved in applied research or empirical studies.
3. Present simple and multiple classical regression models and explain their characteristics.
4. Identify the underlying basic assumptions, whether random or non-random, upon which the standard model is based.
5. Application of the Ordinary Least Squares (OLS) method (in simple and multiple regression) and its associated statistical inference procedures.
Discussion of traditional standard problems resulting from the violation of the mentioned fundamental assumptions.
7. Applying appropriate methods to address and correct traditional standard problems.
8- Analysis of applied studies related to accounting and finance issues.
9- Estimation of quantitative and qualitative models and interpretation of their results.

Course outputs :

1.0 Knowledge and Understanding
1.1 Demonstrates an understanding of the fundamental principles, theories, and core concepts of econometrics, along with its various analytical tools.
1.2 Explains theories of econometrics and their precise applications across multiple economic fields.
1.3 Employs economic measurement tools to address and solve economic problems in a wide range of economic fields.

 

2.0 Skills
2.1 A logical, relevant, and well-organized report on an economic issue.
2.2 Uses information sources and computer applications in economic data analysis.

Additional information:

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