Econometrics. Lecture 2. Linear Regression with One Regressor

In this lecture we introduce the concept of a Linear regression model: the main workhorse of the Econometrics 00:00 Introduction 02:41 Research question 06:53 Causal inference and prediction 11:11 Linear regression model 22:20 Terminology 25:20 Population parameters 34:53 Estimation of the coefficients 38:47 Data description 55:31 Conclusion The course “Econometrics“ for the 2nd year bachelors in Economics Taught at BRICS institute, Irkutsk National Research Technical University, Spring semester 2022