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Econometrics OpenCourseWare: MIT's Free Undergraduate Econometrics Class

Published Mar 07, 2009

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The Massachusetts Institute of Technology (MIT) offers its 'Econometrics' course as free OpenCourseWare. The original course was required for students earning bachelor's degrees in Economics. Students in the course examined econometric methods like regression to test hypotheses about the statistical relationship between two or more variables.

Econometrics: Course Specifics

Degree Level Free Audio Video Downloads
Undergraduate Yes No No Yes

Lectures/Notes Study Materials Tests/Quizzes
Yes Yes No

Econometrics: Course Description

Bachelor's degree students in the Massachusetts Institute of Technology's Economics Department take 'Econometrics' to learn techniques for rigorously evaluating economic theories. Taught by Professor Joshua Angrist, students in the 'Econometrics' lecture course learned to conduct regression analyses, which reveal how much a given change in one variable is likely to affect another variable. Regression analysis allows researchers to distinguish the relative effects that many different variables (education, family income and occupation, for example) have on a variable of interest (for instance, an individual's likelihood of being unemployed). 'Econometrics' students also discovered how to correctly draw conclusions (statistical inferences) from their data in this lecture course. They study techniques for determining the precision of their results and analyzing time series data as well.

The 'Econometrics' OpenCourseWare includes recitation notes, a reading list and assignments and their corresponding datasets. More information about this online Econometrics course is available on the statistical techniques for economic research course page.

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