This course introduces econometrics with a two-class discussion of of basic regression analysis.The first class covers the simple and multiple regression model while the second class covers problems ...

Linear regression analyzes the relationship between two variables. Multiple regression examines several variables' effects on a single outcome. Both techniques predict an outcome based on historical ...

Economists develop economic models to explain consistently recurring relationships. Their models link one or more economic variables to other economic variables (see “Economic Models,” p. 8). For ...