Department of Economics, Unit Catalogue 2011/12 |
|
 Credits:
| 12 |
| Level:
| Intermediate (FHEQ level 5) |
| Period: |
Academic Year |
| Assessment:
| CW 100% |
| Supplementary Assessment: | ES20069A Re-sit Examination (where allowed by programme regulations) |
| Requisites:
| Before taking this unit you must take ES10003 and take ES10005 |
| Description:
| Aims: The aim of the Unit is to provide an introduction to econometric methods for students who have some knowledge of statistical hypothesis testing and regression. The unit follows a systematic approach to model building focusing on formulation, estimation, interpretation and evaluation. These concepts will be reinforced through practical workshops, which also provide an opportunity for students to develop investigative skills. Learning Outcomes: At the end of the course unit students should be able to: * Undertake their own regression analysis using specialist statistical software; * Interpret regression results using data; * Appraise the adequacy of regression results and formulate appropriate diagnostic procedures when dealing with data. Skills: Problem-solving, research skills. Content: Topics covered include: the nature of econometrics, bivariate regression analysis, multiple regression analysis, specification error, muticollinearity, heteroskedasticity, autocorrelation, stationarity, cointegration and error correction models, binary choice modelling. Key texts: * Gujarati, Basic Econometrics * Wooldridge, Introductory Econometrics. |
| Programme availability: |
ES20069 is Compulsory on the following programmes:Department of Economics
ES20069 is Optional on the following programmes:Department of Economics
|