This course introduces students to the methods economists use to assess empirical relationships, primarily regression analysis. Issues examined include statistical significance, goodness-of-fit, dummy variables, and model assumptions. Includes an introduction to panel data models, instrumental variables, and randomized and natural experiments. Students learn to apply the concepts to data, read economic research, and write an empirical research paper.

Units: 1

Max Enrollment: 21

Prerequisites: All of the following -- ECON 101 or ECON 101P, ECON 102 or ECON 102P, and one math course at the level of MATH 115 or higher. The math course must be taken at Wellesley. One course in statistics (ECON 103, PSYC 105, PSYC 205, STAT 160, or STAT 218) is also required.

Instructor: Giles, McKnight, Park, Shastry

Distribution Requirements: SBA - Social and Behavioral Analysis

Degree Requirements: DL - Data Literacy (Formerly QRF); DL - Data Literacy (Formerly QRDL)

Typical Periods Offered: Spring; Fall

Semesters Offered this Academic Year: Fall; Spring

Notes: The Credit/Non Credit grading option is not available for this course. Letter graded only.