College of Business (WBUAD)
This course introduces students to several important advanced mathematical and statistical techniques that are used to build and test econometric models, and provide solutions addressed by the institution. Emphasis will be placed on developing an understanding of the essentials underlying various methods and the ability to relate the methods to important issues faced by ananalyst carrying out econometric analysis on airline economic and/or financial data. Students will use statistical software such as SPSS/ EVIEWS/ LIMDEP/ R to do computational studies with economic data. In this course students are expected to utilize a systematic and careful reasoning to solve managerial problems.
The course provides an overview of airline business decision processes with a focus on economic and econometric modeling techniques utilized in the global aviation industry.This course is required for the Master of Science in Aviation Finance/Master in AviationFinance degree and may be used as an elective in anyMBA area of specialization.
Upon completion of the course the student will be able to:1. Categorize and compare different econometric techniques and understand how they can be used in empirical research and practical applications in the aviation industry.2. Develop analytical skills necessary to collect and analyze data related to the air transport industry for simple econometric modeling.3. Effectively use EVIEWS, SPSS, and LIMDEP statistical analysis software to conduct empirical studies using the air transport industry data.
Located on the Daytona Beach Campus, the Jack R. Hunt Library is the primary library for all students of the Worldwide Campus. The Chief Academic Officer strongly recommends that every faculty member, where appropriate, require all students in his or her classes to access the Hunt Library or a comparable college-level local library for research. The results of this research can be used for class projects such as research papers, group discussion, or individual presentations. Students should feel comfortable with using the resources of the library.
Web & Chat: http://huntlibrary.erau.edu
Text: (386) 968-8843
Library Phone: (386) 226-7656 or (800) 678-9428