Introduction to Econometrics

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBB828A05
Vaknaam Introduction to Econometrics
Niveau(s) bachelor, uitwisseling
Voertaal Engels
Periode semester II a
ECTS 5
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Uitgebreide vaknaam Introduction to Econometrics
Leerdoelen Upon completion of the course the student is able to:
1. Work with basic estimation methods (OLS, GLS, IV and GMM) and testing procedures on cross-section and panel data.
2. Formulate hypotheses on real-life data and to set up a simple investigation to verify these hypotheses.
3. Provide a statistical and economic interpretation of the results of a basic econometric analysis.
4. Perform a simple statistical analysis using a statistical package such as Stata.
Omschrijving The course gives an introduction to econometrics. Especially the foundation of the econometric methodology around the linear model is emphasized. Taking the linear model as starting point several estimation methods (e.g. OLS, GLS, IV and GMM) and testing procedures are considered from different viewpoints. Both exact and asymptotic methods are treated. We provide some empirical examples of regression analysis which are societal relevant. These examples are instrumental in learning the students how to interpret regression results in an economic way. The students are supposed to complete 6 group assignments (maximum group size: 2). Some of these group assignments are of an empirical nature. In that case the students have to use the econometric software package STATA and to provide an economic interpretation of the regression results. The assiggnments also contain some theoretical questions which contribute to the understanding of estimation methods and testing procedures.
Uren per week 4
Onderwijsvorm gecombineerde hoor-/werkcolleges, practica, zelfstudie
Toetsvorm opdracht(en), schriftelijk tentamen met open vragen
Vaksoort bachelor
Coördinator A. Postepska
Docent(en) prof. dr. R.J.M. Alessie , A. Postepska
Verplichte literatuur
Titel Auteur ISBN Prijs
Econometrics, 2000, Princeton University Press

Hayashi, F. 9780691010182 ca. €  45,00
Entreevoorwaarden
Opmerkingen Info: Dr Agnieszka Postepska, phone: +31(0)50 363 7164, e-mail: a.postepska@rug.nl.
Secr: Kimberley Vudinh, phone: +31(0)50 363 7018, e-mail: k.m.vudinh@rug.nl.
Opgenomen in
Opleiding Jaar Periode Type
BSc Econometrics and Operations Research/EOR  (basisprogramma BSc EOR) 2 semester II a verplicht
BSc Wiskunde: Statistics and Econometrics 2 semester II a keuzegroep
Courses open to Exchange Students (BSc)  ( Courses open to Exchange Students (BSc) without limited access) 2 semester II a keuze