ECO3008 : Advanced Econometric Analysis
- Offered for Year: 2018/19
- Module Leader(s): Professor John Wildman
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semester 1 Credit Value:
To further develop the understanding of econometrics as a tool in economic analysis.
This module is a further investigation into econometric methods and techniques. It starts with a review of OLS and then considers other estimation problems that the applied researcher may encounter. It is a particularly useful module for students intending to undertake empirical analysis in their dissertations, intending to take a Masters course or for those who are considering entering into employment involving numerical analysis.
Outline Of Syllabus
The syllabus covers:
A revision of OLS and matrix algebra
Simultaneous equation models
Analysis of limited dependent variables
|Guided Independent Study||Assessment preparation and completion||1||31:00||31:00||N/A|
|Scheduled Learning And Teaching Activities||Lecture||14||1:00||14:00||N/A|
|Guided Independent Study||Directed research and reading||1||25:00||25:00||N/A|
|Scheduled Learning And Teaching Activities||Small group teaching||5||1:00||5:00||N/A|
|Guided Independent Study||Independent study||1||25:00||25:00||N/A|
Jointly Taught With
|ECO3019||Dissertation Part 1|
Teaching Rationale And Relationship
1) Lectures provide the overall structure of the course and the main medium for transfer of the central ideas.
2) Seminars, based around discussions of problem sheet enhance learning.
3) Private study, often using recommended text(s) provides a thorough background for reinforcing ideas and examination preparation.
The format of resits will be determined by the Board of Examiners
|1||Written Examination 1|
|Written exercise||1||M||25||In-class test|
Assessment Rationale And Relationship
The class test is both summative and formative. It is similar in style to the final examination, but tests knowledge gained in the early part of the course. It provides early evidence which can confirm good progress or a early indication that performance may need to improve. The final examination test students ability to exploit and explain methods and models.