| Unit name | Applied Econometrics (QM4) |
|---|---|
| Unit code | ECON30290 |
| Credit points | 20 |
| Level of study | H/6 |
| Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
| Unit director | Mr. Winter |
| Open unit status | Not open |
| Pre-requisites |
Econometrics QM3 (ECON20020) |
| Co-requisites | |
| School/department | School of Economics, Finance and Management |
| Faculty | Faculty of Social Sciences and Law |
Builds on material covered in second year Econometrics units. Some new techniques will be covered, but the emphasis will shift towards applying Econometrics to problems in Economics. After revisiting Generalised Least Squares, the lectures will cover estimation and hypothesis testing in panel data models. The lectures go on to introduce time series models and the problems posed by non-stationary data. It will provide an introduction to many of the applied techniques which are used in modern macroeconomics. In the last four weeks of the Autumn term, the lectures will cover models of binary choice and models with limited dependent variables. These techniques are often used in estimating models from cross-section samples.
You will find that understanding these techniques and being able to use them are essential in successfully completing the applied projects in QM7.
