LOJB10283 Econometrics 1

Details
Responsible DepartmentInstitute of Food and Resource Economics

Earliest Possible YearBSc. 2 year to BSc. 3 year
DurationOutside schedule
 
Credits7.5 (ECTS)
 
Level of CourseBSc
 
ExaminationFinal Examination

written examination

Portfolio Examination


All aids allowed

Description of Examination: The exam is a 36 hours take home exam.

Weight: 100%



7-point scale, no second examiner
 
Block PlacementSummer Course
Week Structure: Outside schedule
 
Language of InstructionEnglish
 
No Credit Points WithTema: Anvendt Økonomisk Analyse, 290038
 
Mandatory PrerequisitesStudents should have followed courses in introductory statistics, mathematic and introductory economics
 
Course Content
The course focuses on data analysis by using the linear regression model. Emphasis will be put on obtaining an intuitive understanding of the regression model, in particular in order to be able to interpret the parameters of the regression model.

The course will also focus on applying the regression model to concrete economic problems.
 
Teaching and learning Methods
The course will consist of a mix of lectures and exercises.
 
Learning Outcome
The purpose of this course is to give students an insight into how to apply statistical methods and models to a relevant topic in economics working with economic data.

After completing the course the student should be able to:

Knowledge:
- explain the basic econometrics concepts in relation to the linear regression model

Skills:
- Apply data to analyse specific economic problems
- perform estimations and hypothesis test of parameters in linear regression models

Competences:
- do basic econometric analyses
- interpret the results from basic econometric analyses and make relevant conclusion based upon these
 
Course Literature
Jeffrey M. Wooldridge. Introductory Econometrics: A Modern Approach, South-Western.

 
Course Coordinator
Sinne Smed, ss@foi.ku.dk, Institute of Food and Resource Economics/Consumption, Health and Ethics Unit, Phone: 353-36849
Laura Mørch Andersen, la@foi.ku.dk, Institute of Food and Resource Economics/Consumption, Health and Ethics Unit, Phone: 353-31023
 
Study Board
Study Committee NSN
 
Work Load
lectures30
theoretical exercises30
examination36
preparation110

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