Introductory Econometrics Simple Linear Regression

Step by step explanation to the concepts of simple linear regression. Ideal for students who are new to Econometrics.

Last updated 2022-01-10 | 4.5

- Types of Data - Cross Sectional and Time Series
- All the mathematical equations involved in Simple Linear Regression (Population side and Sample side)
- The method of Ordinary Least Squares (OLS)

What you'll learn

Types of Data - Cross Sectional and Time Series
All the mathematical equations involved in Simple Linear Regression (Population side and Sample side)
The method of Ordinary Least Squares (OLS)

* Requirements

* Basics of Statistics

Description

This course is the key to build a strong foundation for the Econometrics module. This is what some of our students have to say about this Econometrics course:

''The videos are more detailed as compared to how I was taught Econometrics at school. He explains everything in a calm, not so rushed manner''

''I am taking Econometrics this year at the University and this course makes a lot of sense. Everything is explained in a step by step and detailed manner''


COURSE DESCRIPTION:

Many students who are new to Econometrics describe it as a difficult subject.
Do you think the same?
Do you get lost among the mathematical equations and notations? 

If yes, then this is the first thing that you need to do - 'Change your approach to study this subject'

Take it from me, Econometrics is quite an interesting subject. Whether you like it or not depends on how you tackle this subject. If you want to master Econometrics, then you need to understand the intuition of each and every concept and the logic behind each and every equation. And this is what I am going to help you with!!

In this course, I will take you through:

1) All the equations that you will encounter in Simple Linear Regression (Population side as well as the sample side)

2) The method of Ordinary Least Squares

Who this course is for:

  • Students who are completely new to Econometrics and would like to learn in a step by step and intuitive manner
  • Students who are struggling with Econometrics and would like to build a solid foundation

Course content

4 sections • 25 lectures

Introduction to the Course and Instructor Preview 01:39

Why study Econometrics? Preview 10:50

Types of Data - Cross Sectional and Time Series Preview 16:12

Notes - Types of Data Preview 00:07

Types of Data

Basics of Simple Linear Regression and Population Regression Line Preview 22:49

Equation of Population Regression Line and Basic Interpretations Preview 13:03

Population Regression Equations and Error Term Preview 17:56

Sample Data and Sample Regression Line Preview 17:51

Sample Regression Equations Preview 16:00

Quiz - Regression Equations

Share your experience Preview 00:29

Intuition of OLS method Preview 09:58

Setting up the base for OLS Preview 10:28

Derivation of Intercept's Estimator using OLS Method Preview 22:19

Derivation of Slope's Estimator using OLS Method Preview 26:10

Different formulas for the Slope's Estimator Preview 15:06

Example 1 - Working with the formulas Preview 09:04

Example 2 - Working with the formulas Preview 05:03

Algebraic Properties of OLS - Part 1 Preview 22:29

Algebraic Properties of OLS - Part 2 Preview 12:49

Example 3 - Algebraic Properties of OLS (With Sample Data) Preview 09:20

Quiz - The Method of Ordinary Least Squares

Share your experience Preview 00:29