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Department of Economics, Unit Catalogue 2011/12


ES50060: Econometrics for economics & finance

Click here for further information Credits: 6
Click here for further information Level: Masters UG & PG (FHEQ level 7)
Click here for further information Period: Semester 1
Click here for further information Assessment: CW 30%, EX 70%
Click here for further information Supplementary Assessment: ES50060A - Resit Exam (where allowed by programme regulations)
Click here for further information Requisites:
Click here for further information Description: Aims:
The unit aims to provide the students with the knowledge and skills necessary to:
a) Understand and appreciate the findings of the empirical academic literature in the areas of accounting and finance, and;
b) Conduct their own basic investigations over a range of accounting and financial relationships.

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.

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:
The Characteristics of Economic and Financial Data; Testing and categorising financial data types; Estimation, Inference and Modelling using linear models (OLS) in Economics and Finance. Assessing the various diagnostic tests , particularly those related to problems encountered with economic and financial data. Introduction to modelling with discrete variables. Introduction to panel data methods.
Click here for further informationProgramme availability:

ES50060 is a Designated Essential Unit on the following programmes:

Department of Economics School of Management

ES50060 is Optional (DEU) on the following programmes:

Department of Social & Policy Sciences
  • THXX-AFM46 : MRes Global Political Economy: Transformations & Policy Analysis (Full-time)
  • THXX-AFM47 : MRes Global Political Economy: Transformations & Policy Analysis (Full-time)

NB. Programmes and units are subject to change at any time, in accordance with normal University procedures.