MOUNT ROYAL UNIVERSITY 
ECON 3395: Introduction to Applied Econometrics 
Comprehensive Revision Guide and Notes 2025 
 
Part 01 - Revision Notes 
Part 02 - Sample Examination 
Part 03 - Suggested Solutions to Exam Paper 
Part 04 - Study Tips for Students 
 
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Mount Royal University - ECON 3395: Introduction to Applied Econometrics

C$35.00

ACADEMIC YEAR 2024 - 2025

University	Mount Royal University
Study Level	Undergraduate
Course Code	ECON 3395
Course Name	Introduction to Applied Econometrics
Notes Title	Comprehensive Revision Guide and Notes
Delivered As	PDF
Page Length	76

This comprehensive and easy-to-understand set of notes covers all lecture content and examinable topics for ECON 3395: Introduction to Applied Econometrics - at Mount Royal University. The notes are color-coded and organized for clarity. The guide provides essential information on the exam format, the topics to be covered, and key concepts to focus on during your studies. Each concept and principle is thoroughly explained, ensuring a deeper understanding rather than just brief mentions. Use this guide as a valuable reference to enhance your comprehension of the course material and improve your exam performance.

Overview:

The course introduces techniques for quantifying economic relationships. Topics include estimation and testing of hypotheses, forecasting and construction of prediction intervals, use of appropriate functional forms, detection and correction of measurement problems, model specification, and use of statistical software programs for single equation regression analysis.

Prerequisites:

ECON 1101 and ECON 1103, and one of the following: POST 2209, MATH 1224, MGMT 2262; or consent of the department.

Key Areas of Focus:

Understand the basics of regression analysis.
Apply the ordinary least squares (OLS) method in econometric models.
Comprehend the assumptions of the classical linear regression model.
Conduct hypothesis testing and make statistical inferences.
Select appropriate independent variables and functional forms for econometric models.
Identify and address issues related to multicollinearity, serial correlation, and heteroskedasticity.
Use dummy variables and time series models in econometric analysis.

COURSE CODE	COURSE NAME
ACCT 2121	Financial Accounting Concepts
ACCT 3221	Intermediate Accounting I
ACCT 3224	Management Accounting I
ACCT 4222	Intermediate Accounting II
ACCT 4280	Introduction to Personal and Corporate Income Tax
ECON 1101	Principles of Microeconomics
ECON 1103	Principles of Macroeconomics
ECON 2211	Intermediate Economic Theory - Microeconomics I
ECON 3395	Introduction to Applied Econometrics
FNCE 3227	Introduction to Finance
FNCE 3228	Advanced Corporate Finance
FNCE 4407	Investments and Portfolio Management
FNCE 4408	Financial Risk Management
FNCE 4409	Security Analysis and Valuation
MATH 1224	Introduction to Statistics
MATH 2333	Statistics for Life Sciences
MATH 3454	Regression and Time Series Analysis
MGMT 2130	Management Principles and Practices
MGMT 2262	Statistics and Analytics for Business
MGMT 3230	Business Law
MKTG 2150	Introduction to Marketing

Mount Royal University - ECON 3395: Introduction to Applied Econometrics

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