ES52056: Econometrics
[Page last updated: 14 August 2024]
| Academic Year: | 2024/25 |
| Owning Department/School: | Department of Economics |
| Credits: | 10 [equivalent to 20 CATS credits] |
| Notional Study Hours: | 200 |
| Level: | Masters UG & PG (FHEQ level 7) |
| Period: |
- Semester 1
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| Assessment Summary: | CWRG 35%, EXCB 65% |
| Assessment Detail: |
- Econometrics project (CWRG 35%)
- Closed-book written examination (EXCB 65%)
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| Supplementary Assessment: |
- Like-for-like reassessment (where allowed by programme regulations)
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| Requisites: |
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| Learning Outcomes: |
- Understanding of:
- The properties of linear OLS regression.
- The implementation and interpretation of statistical tests.
- The conditions required for causal estimation.
- Use econometric software to:
- Construct and interpret tables of summary statistics
- Construct a dataset to be used for econometric analysis.
- Implement statistical tests.
- Interpretation of econometric estimates and their implication.
- Documentation of an applied project so that results can be replicated.
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| Synopsis: | Work with real world economic data and learn about the various ways it can be used to explore relationships between economic variables.
You'll develop knowledge of methods that can be applied to data from experiments, as well as data drawn from the economy without the intervention of an experiment (observational data).
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| Content: | The material in this course will be delivered on campus, in the form of lectures, seminars and computer labs.
The topics covered are:
- Regression estimation methods and inference
- Randomised control trials
- A selection among panel data econometrics, instrumental variable estimation, qualitative dependent variable models.
- A selection among time series analysis of stationary and non-stationary economic and financial variables, vector autoregressions and cointegration.
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| Course availability: |
ES52056 is Compulsory on the following courses:
Department of Economics
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Notes: - This unit catalogue is applicable for the 2024/25 academic year only. Students continuing their studies into 2025/26 and beyond should not assume that this unit will be available in future years in the format displayed here for 2024/25.
- Courses 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.
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