DETERMINE THE DATA SOURCES YOU WILL USE TO ESTIMATE YOUR MODEL AND EXPLAIN WHY YOU FEEL THESE DATA SOURCES ARE APPROPRIATE.

Assignment 3: Course Project ProspectusDue Week 6 and worth 240 pointsA course project is due in Week 10 which requires you to develop a mathematical model of an economic theory of your choosing (or of your own development), collect data to test your hypothesis, estimate your mathematical model, and draw conclusions to support your theory.The course project prospectus (this assignment) ensures you are on your way toward completing the course project, and provides the professor the opportunity to provide feedback before the final project is completed.For this assignment, write a 4-6 page paper in which you:Describe and discuss the theory or hypothesis you wish to discuss in your paper.Describe the model you plan to discuss.Determine the data sources you will use to estimate your model and explain why you feel these data sources are appropriate.Provide an annotated bibliography of at least six (6) peer-reviewed publications focused on your topic.Your assignment must:Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions.Include a cover page containing the tile of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required page length.The specific course learning outcomes associated with this assignment are:Apply econometrics to conduct and present the analysis of economic data to support business and public policy decisions.Apply regression analysis to interpret the characteristics of populations and test hypotheses.Select and apply the appropriate model to analyze economic data.Explain how to resolve issues of multicollinearity, heteroscedasticity, and autocorrelation in variables.Use technology and information resources to research issues in econometrics.Write clearly and concisely about econometrics using proper writing mechanics.Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric.Assignment 3: Course Project ProspectusDue Week 6 and worth 240 pointsA course project is due in Week 10 which requires you to develop a mathematical model of an economic theory of your choosing (or of your own development), collect data to test your hypothesis, estimate your mathematical model, and draw conclusions to support your theory.The course project prospectus (this assignment) ensures you are on your way toward completing the course project, and provides the professor the opportunity to provide feedback before the final project is completed.For this assignment, write a 4-6 page paper in which you:Your assignment must:The specific course learning outcomes associated with this assignment are:Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric.