AREC 484

AREC 484 - Econometric Applications in Agricultural, Environmental and Natural Resources (3)

Prerequisite: ECON 306 and ECON 321 or equivalent. An introduction to the application of econometric techniques to problems in agriculture, the environment, and natural resources. Emphasis on the assumptions and computational techniques necessary to structure, estimate, and test economic models in the fields of agricultural, environmental, and resource economics. Includes single and multiple variable linear regression models, multicollinearity, heteroscedasticity, autocorrelation and model specification tests.