Econ 1126: Quantitative Methods in Economics





Description:  Topics include conditional expectations and its linear approximation; best linear predictors; omitted variable bias; panel data methods and the role of unobserved heterogeneity; instrumental variables and the role of randomization; various approaches to inference on causal relations.

Course Notes:  Economics 1123 may not be taken for credit if taken after Economics 1126, but credit will be given for both courses if Economics 1123 is taken first. Students who fulfill the econometrics requirement with Economics 1126 and who intend to pursue Honors should note that the Honors exam assumes knowledge of the material covered in Economics 1123.

Recommended Prep:  Math 18, 21a, Applied Math 21a.