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Econometrics (Module)

Module description

'Econometrics' is the measurement ('metrics') of Economics ('econ'). In other words, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference" (Samuelson et al., 1954). This module aims to provide an introduction to the fundamental theoretical concepts and applications of econometrics. The course gives students an understanding of the science and art of determining what type of empirical model to build, estimating the parameters of the model, testing the model adequacy, and conduct hypothesis testing to answer practical questions in policy analysis. Students will also learn how to do applied econometrics using STATA software package.

Please note that module information is indicative and may change year to year

Staff information

 

Teaching pattern

2-hour lectures weekly, 6x 1-hour lab-based seminars, 1x 2-hour STATA surgery session in week 1

Module assessment - more information

6x handwritten problem sets (10%), group work project (40%) & 2-hour examination (50%)

Key information

Module code 5SSPP213

Credit level 5

Assessment coursework

Credit value 15 credits

Semester Semester 2 (spring)

Study abroad module No