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What Is Advanced Econometrics and where it applied?

Advanced Econometrics is a subdivision of economics that utilizes mathematical applications, statistics, and computer science to represent economic data. In other words, advanced econometrics methods are the quantitative analysis of economic models on the basis of parallel growth of theories and measurement. To put it in simple words, econometrics is the subject area that assists Assignment Help Experts to sort out useful financial data from heaps of information.

We can also define advanced econometrics as the quantitative analysis of economic phenomena on the basis of the parallel growth of theories and observations. There is a great book that covers each and every concept of econometrics written by professor Bruce E. Hansen.

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Courses offered under advanced econometrics

EC212 Introduction to Econometrics: This introductory course is intended to serve two constituencies, professionals and undergraduate students.

ADVANCED ECONOMETRICS (EC312): This course will present an advanced treatment of econometric principles for the cross-sectional, panel, and time-series data sets.

ADVANCED ECONOMETRICS (p,t) ECON-UA 402: This course focuses on macroeconomics, microeconomics, statistics, and finance.

ECON 9730: Advanced Econometrics: The course deals with econometric methods and applications designed for the analysis of cross-section and panel data models.  The main topics covered are maximum likelihood & GMM methods, panel data models, semiparametric and nonparametric methods, limited dependent variable models, and qualitative response models.

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