National open university of nigeria introduction to econometrics II eco 356

Download 1.64 Mb.

View original pdf

Page	118/178
Date	04.08.2021
Size	1.64 Mb.
	#57143

1 ... 114 115 116 117 118 119 120 121 ... 178

Introduction to Econometrics ECO 356 Course Guide and Course Material
Introduction to Econometrics ECO 356 Course Guide and Course Material

2.6.1.0 INTRODUCTION

INTRODUCTION TO ECONOMETRICS II

ECO 306

NOUN
96
UNIT 6: SPECIFICATION OFREGRESSION VARIABLES:A PRELIMINARY
SKIRMISH
CONTENTS
2.6.1.0 Introduction
2.6.2.0 Objectives
2.6.3.0 Main Content
2.6.3.1 Model Specification of Regression Variables
2.6.4.0 Summary
2.6.5.0 Conclusion
2.6.6.0 References/Further Reading

2.6.1.0 INTRODUCTION
The construction of an economic model involves the specification of the relationships that constitute it, the specification of the variables that participate in each relationship and the mathematical function representing each relationship.
2.6.2.0 OBJECTIVE The main objective of this unit is to provide a general understanding of the topic Specification of Regression Variable. This include the creating an opportunity for the students to know that model specification denotes the determination of which
independent variables maybe included in or omitted from a regression equation.

Download 1.64 Mb.

Share with your friends:

1 ... 114 115 116 117 118 119 120 121 ... 178