290068 Applied Econometrics

Details
Institute of Food and Resource Economics
Earliest Possible YearMSc. 1 year to Post experience Master´s Programme
DurationOne block
 
Credits7.5 (ECTS)
Course LevelMSc
 
ExaminationFinal Examination

written examination


Written Exam in Lecturehall

No aid allowed

Description of Examination: Final written exam (4 hours) consisting of questions on the theoretical material covered in the lectures Written Report: students will work on the completion of applied case studies where econometric analysis has to be used to analyse different data problems and assess the quality of the results.

Weight: 50% final written exam 50% written report



7-point scale, internal examiner

Dates of Exam:
28 January 2010
 
Organisation of TeachingLectures, Computer Laboratory Work, Group Work
 
Block PlacementBlock 2
Week Structure: C
 
Teaching LanguageEnglish
 
Optional Prerequisites210005 Statistical Data Analysis 1
290038 Thematic Course: Applied Economic Analysis
290038 can be replaced with equivalent course
 
RestrictionsNone
 
Course Contents
This course aims at providing the student basic knowledge about relatively advanced regression models and methods that are relevant to applied economists. With a mix of econometric theory and applications the course will develop the student's skills to conduct own empirical research projects.
 
Teaching And Learning Methods
lectures, own reading, exercises, computer laboratory work, and independent work with case-reports
 
Learning Outcome
The main objective of the course is to provide an introduction to the more advanced themes in econometric modeling with an emphasis on application of estimation techniques and statistical testing.

After completing the course it is expected that the student is able to:

Knowledge:
- Reflect about econometric problems and solutions in relation to endogenous regressors.
- Reflect about the appropriate choice of estimator given certain types of data such as time series data, panel data, and data with a binary dependent variable.

Skills:
- Analyse consistency and asymptotic normality of estimators in certain econometric models.

Competences:
- Formulate and estimate linear econometric models with endogenous regressors.
- Formulate and estimate linear econometric models for panel data.
- Formulate and estimate econometric models for binary dependent variables.
- Interpret outcomes of econometric analyses and draw appropriate conclusions.
- Discuss the results of econometric analyses based on model assumptions and limitations.
 
Course Litterature
- Jeffrey M. Wooldridge. Introductory Econometrics: A Modern Approach, South-Western.

Software: R
 
Course Coordinator
Henrik Hansen, henrik.hansen@foi.dk, Institute of Food and Resource Economics/International Economics and Policy Division, Phone: 35336840
 
Study Board
Study Committee NSN
 
Course Scope
lectures48
theoretical exercises30
preparation54
examination4
project work60
supervision10

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