Global Opportunities

ECO2099 : Econometric Analysis (Study Abroad S1)

Semesters
Semester 1 Credit Value: 10
ECTS Credits: 5.0

Aims

The course Econometric Analysis provides students with a grounding in basic econometric methods. The techniques learnt in this course are part of an economist's essential 'tool kit'. It will provide students with an understanding of the basic techniques of multiple regression analysis and enable them to interpret and critically evaluate the results of empirical research in economics.

Outline Of Syllabus

The topics in semester 1 concentrate on single and multiple equation regression models and the application of Ordinary Least Squares (OLS) regression analysis:
1.       Ordinary Least Squares (OLS) Model: Background and Estimation
2.       Assumption of the OLS model
3.       Properties of the OLS model: Unbiasedness and Efficiency
4.       Hypothesis Testing
5.       Goodness of Fit and Analysis of Variance
6.       Functional Forms of Regression Models
7.       Multiple Regression Analysis
8.       Dummy Variables

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture141:0014:00PiP lectures
Scheduled Learning And Teaching ActivitiesSmall group teaching31:003:00PiP seminars
Guided Independent StudyIndependent study183:0083:00N/A
Total100:00
Jointly Taught With
Code Title
ECO2009Econometric Analysis
Teaching Rationale And Relationship

Lectures provide the basic technical structure of the methods introduced and an overview of the basic empirical modelling methods.

Small group teaching provide an opportunity to enhance both theoretical and practical aspects of modelling.

Assessment Methods

The format of resits will be determined by the Board of Examiners

Exams
Description Length Semester When Set Percentage Comment
Written Examination601A100N/A
Formative Assessments
Description Semester When Set Comment
Prob solv exercises1MSeminar questions provided
Assessment Rationale And Relationship

The examination tests understanding of the theoretical modelling elements of the course as well as that of empirical modelling methods. It is the appropriate way of assessing theoretical knowledge. Alternative examination of 24 hour online take-home exam in the event of in-person assessments not taking place.

Reading Lists

Timetable