This course focuses on the financial applications of statistical techniques. Econometrics students to test theories in finance, estimate asset prices or returns analyze the relationships between variables, forecast financial, economic and managerial variables etc. Decision making in business and economics is often supported by the use of quantitative information. Econometrics is concerned with summarizing relevant data & information by means of a model. Such econometric models help to understand the relation between economic and business variables and to analyse the possible effects of decisions. In this course, the class is to be started with the quick review of probability and statistics and hypothesis testing that are the basics of econometrics. Then introduce simple and multiple regression techniques; the estimation of regression using ordinary least squares; inference; and the use of spreadsheets and statistical software to estimate economic models.
- Teacher: Yalemzewd Nigussie
