National open university of nigeria introduction to econometrics I eco 355

Working Through The Course 
To successfully complete this course, you are required to read the study units, referenced 
books and other materials on the course. 
Each unit contains self-assessment exercises called Student Assessment Exercises (SAE). 
At some points in the course, you will be required to submit assignments for assessment 
purposes. At the end of the course there is a final examination. This course should take 
about 15weeks to complete and some components of the course are outlined under the 
course material subsection.
 
 

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5 
Course Material 
 
The major component of the course, What you have to do and how you should allocate 
your time to each unit in order to complete the course successfully on time are listed 
follows: 
1.
Course guide
2.
Study unit 
3.
Textbook 
4.
Assignment file 
5.
Presentation schedule
Study Unit 
There are 19 units in this course which should be studied carefully and diligently. 
MODULE ONE ECONOMETRICS ANALYSIS 
Unit 1
Meaning Of Econometrics 
Unit 2 Methodology of Econometrics 
Unit 3
Computer and Econometrics 
Unit 4 Basic Econometrics Models: Linear Regression 
Unit 5 Importance Of Econometrics 
 
MODULE TWO SINGLE- EQUATION (REGRESSION MODELS)
Unit One: 
Regression Analysis 
Unit Two: The Ordinary Least Square (OLS) Method Estimation 
Unit Three: Calculation of Parameter 
and the Assumption of Classical Least 
Regression Method (CLRM) 
Unit Four: Properties of the Ordinary Least Square Estimators 
Unit Five: The Coefficient of Determination (R
2
): A measure of ―Goodness of fit‖ 
MODULE THREE NORMAL LINEAR REGRESSION MODEL (CNLRM) 
Unit One: Classical Normal Linear Regression Model 
Unit Two: OLS Estimators Under The Normality Assumption 
Unit Three: The Method Of Maximum Likelihood (ML) 
Unit Four: Confidence intervals for Regression Coefficients 
and 
Unit Five: Hypothesis Testing