TROY UNIVERSITY MASTER SYLLABUS SORRELL COLLEGE OF BUSINESS ECO 4457 Econometrics Prerequisites QM 2241, ECO 2251, and ECO 2252. Description A study of the methods used to empirically verify economic theory. Statistical inference applied to economic models, both micro and macro. Objectives On completion of the course, the student should be able to: 1. Perform structural analysis on the effect exogenous variables have on endogenous variables; 2. Test hypotheses about new and existing economic theories; 3. Use the estimated econometric model to analyze policies. Purpose To provide a comprehensive overview of modern econometrics. The course is both theoretical and applied. Students taking this elective should already have satisfied all of their 2000-level core and specified-elective requirements. Master Syllabi are developed by the senior faculty in each business discipline. This Master Syllabus must be used as the basis for developing the instructor syllabus for this course, which must also comply with the content specifications outlined in the Troy University Faculty Handbook. The objectives included on this Master Syllabus must be included among the objectives on the instructor’s syllabus, which may expand upon the same as the instructor sees fit. The statement of purpose seeks to position the course properly within the curriculum and should be consulted by faculty as a source of advisement guidance. Specific choice of text and other details are further subject to Program Coordinator guidance. 19 April 2011 Master Syllabus: ECO 4457 (Revised August 2013) Approved Texts Wooldridge, J. (2009). Introductory Econometrics. Troy University Faculty Handbook (2010): Section 3.9.2.8 [extract] — essential elements of the syllabus (somewhat modified for space): 1. Course title 2. Course number + section 3. Term 4. Instructor 5. Prerequisites 6. Office hours 7. Class days, times 8. Classroom location 9. Office location + e-mail address 10. Office telephone 11. Course description, objectives 12. Text(s) 13. Other materials 14. Grading methods, 16. General supports criterion weights, (computer works, make-up policy, writing center) mid-term grade 17. Daily assignments, reports holidays, add/drop 15. Procedure, course & open dates, dead requirements day, final exam 18. ADA statement 19. Electronic device statement 20. Additional services, statements 21. Absence policy 22. Incomplete-work policy 23. Cheating policy 24. Specialization requirements (certification, licensure, teacher competencies)