- Academic Registry
Programme & Unit Catalogues


ES50112: Applied econometrics

[Page last updated: 02 August 2022]

Academic Year: 2022/23
Owning Department/School: Department of Economics
Credits: 6 [equivalent to 12 CATS credits]
Notional Study Hours: 120
Level: Masters UG & PG (FHEQ level 7)
Period:
Semester 1
Assessment Summary: CW 30%, EX 70%
Assessment Detail:
  • Coursework (CW 30%)
  • Exam (EX 70%)
Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Requisites:
Learning Outcomes: At the end of the unit students will be expected to be able to:
a) Use and interpret the results of the classical regression model
b) Use the recommended econometric software to undertake their own empirical investigation.
c) Analyse and reflect on empirical results derived using the econometric software.
d) Test the validity of simple empirical models using a wide range of diagnostic results.

Aims: The unit aims to provide students with the knowledge and skills necessary to:
a) Understand and appreciate the findings of the empirical academic literature in a variety of areas within economics;
b) Conduct their own basic investigations over a range of economic relationships.

Skills: Abstraction and analytic skills (A)
Information gathering and Synthesis (A)
Use of Information Technology (F/A)
Time Management and Planning (A)
Numeracy Skills (T/A)

Content: Estimation, inference and modeling using linear models (OLS) in economics; assessing various diagnostic tests, particularly those related to problems encountered with economic data; introduction to models for time series data, including ARIMA., unit roots, cointegration and GARCH.

Programme availability:

ES50112 is a Designated Essential Unit on the following programmes:

Department of Economics

Notes:

  • This unit catalogue is applicable for the 2022/23 academic year only. Students continuing their studies into 2023/24 and beyond should not assume that this unit will be available in future years in the format displayed here for 2022/23.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.