

Taking a diagnostic, bespoke and holistic approach, we advise on the most economic ways to save the most energy and to generate it the most economically. The course does not require prior knowledge in computer programming, but it requires standard knowledge in econometrics.Business Name (the main name you trade under) eco-economix Type of Business energy consultancy Tell Us About Your Business We specialise in solar electricity and the evaluation of renewable energy solutions for homes and businesses. The course introduces students to these methods primarily using Stata and the integration of Stata with Python. These methods include supervised learning for regression and classification, ridge regression estimator, the lasso regression estimator, random forest, dimensionality reduction, unsupervised learning methods of clustering, and natural language processing and data scraping as part of data collection. The course discusses differences in objectives, techniques, and settings between the machine learning literature in computer science and economics, and introduces some specific methods from the machine learning literature that are emerging as important tools for economists.

This econometrics course introduces the concept of big data and econometric techniques to analyze big data using the tools of machine learning, and provides main ideas and insights on how we can use big data to solve economic problems. View Schedule ECO 485SEM Big Data and Application of Machine Learning in Economics Seminar Understanding and being able to explain the key concepts is an important part of this course. Students should be able to articulate why a model may give misleading results, and what to do about such a problem. Students should also be able to use these various models to analyze data, and critically assess studies using these models. The emphasis behind these models is causal inference and research design. These topics include randomized experiments, fixed-effects models, instrumental variables models, regression discontinuity models.
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Students will learn how to implement and interpret the results using linear regression and non-linear regression models using actual data. The objective of this course is to estimate causal effect using econometric models. This course is the second class on basic applied econometrics. This course extends the knowledge of econometrics beyond the multiple linear regression models in Econometrics 1. View Schedule ECO 481LEC Econometrics II Lecture Undergraduate students interested in becoming engaged in the research activities of the faculty are encouraged to pursue independent studies with them and to consider continuing into either the MA in Applied Economics or the MS (STEM) programs that are offered by the Department. Professor Peter Morgan is a two-time winner of the Milton Plesur Award for Teaching Excellence. Professor Isaac Ehrlich is Editor-in-Chief of the Journal of Human Capital.

In 2016, Professor Alex Anas received the Walter Isard Award for distinguished scholarly achievements. Distinctions for the research and scholarship of the faculty include major research awards from the National Science Foundation, the United States Environmental Protection Agency, and the University of California. Professor Winston Chang is a recipient of the State University of New York Chancellor’s Award for Excellence in Teaching. Our faculty are committed to excellence in both undergraduate and graduate level teaching.
