Department of Economics
Concentration in Advanced Computation and Econometric Tools (Bachelor of Arts in Economics)
Students on Summer 2019, Fall 2019, or Spring 2020 requirements ADCOECTOCN
Requirements
The concentration requires at least 9 credit hours, including the requirements listed below.
- Three (3) courses:
- ECON-E 392 Seminar in Computational Methods and Econometrics
- ECON-E 471 Econometric Theory and Practice I (If ECON-E 471 was also taken to fulfill the Econometrics requirement of the Economics major, the student must take one additional ECON-E 392 seminar)
- ECON-E 472 Econometric Theory and Practice II
ECON-E 392 Seminar in Computational Methods and Econometrics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321; Additional prerequisites may be required depending on the seminar topic
- Description
- Intensive study of a topic area in computational methods or econometrics. Topics will vary.
- Repeatability
- May be repeated with a different topic for a maximum of 9 credit hours.
ECON-E 471 Econometric Theory and Practice I
- Credits
- 3
- Prerequisites
- ECON-E 370, ECON-S 370, or MATH-M 365; and MATH-M 301, MATH-M 303, or MATH-S 303; and MATH-M 311 or MATH-S 311
- Notes
- Only 9 credit hours from ECON-E 371, ECON-S 371, ECON-E 471, and ECON-E 472 may be counted toward a major in economics
- Description
- Emphasis is on the classical linear regression model and its applications. Special topics include finite and asymptotic properties of least squares, hypothesis testing, model specification, dummy variables, proxies, multicollinearity and heteroscedasticity.
ECON-E 472 Econometric Theory and Practice II
- Credits
- 3
- Prerequisites
- ECON-E 471
- Notes
- Only 9 credit hours from ECON-E 371, ECON-S 371, ECON-E 471, and ECON-E 472 may be counted toward a major in economics
- Description
- Emphasizes extensions of the classical linear-regression model such as: limited dependent variables, instrumental variables, stationary and nonstationary data, fixed-effect and random-effect models, multiple-equation models, censored regression, and sample selection.
- Concentration GPA, Hours, and Minimum Grade Requirements.
- At least 9 credit hours in the concentration must be completed at the 300–499 level.
- Except for the GPA requirement, a grade of C- or higher is required for a course to count toward a requirement in the concentration.
- A GPA of at least 2.000 for all courses taken in the concentration—including those where a grade lower than C- is earned—is required.
- Exceptions to concentration requirements may be made with the approval of the department's Director of Undergraduate Studies, subject to final approval by the College of Arts and Sciences.