AEP-21306 Econometrics

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Studiepunten 6.00

OnderwijstypeContacturen
Lectures12
Practical intensively supervised24
Tutorial24
Self-study
Course coordinator(s)dr. ir. C Gardebroek
Lecturer(s)dr. ir. C Gardebroek
dr. EJ Bakker
Examiner(s)dr. ir. C Gardebroek
dr. EJ Bakker

Language of instruction:

English

Assumed knowledge on:

YSS-20306, MAT-22306 or MAT-20306

Continuation courses:

AEP-60306, AEP-30806

Contents:

Social scientists are often interested in relationships between different variables, e.g. consumption and prices. The objective of econometrics is to quantify such relationships using available data and statistical techniques and to interpret and use the resulting outcomes. So, econometrics is the interaction between (economic) theory, data and statistical methods (e.g. estimation and testing). The interaction of these three elements makes econometrics interesting and a must for the dedicated social scientist. The use of econometric tools stretches from economic and business disciplines to social science fields like sociology and history.
The course helps to understand a number of econometric issues and techniques, where emphasis is on applying econometrics to research questions in the broad field of social sciences.

Learning outcomes:

After successful completion of this course students are expected to be able to:
- compare similarities and differences of various econometric techniques;
- translate social sciences theories into simple econometric models;
- interpret econometric analyses performed by others;
- analyse the quality of econometric analyses;
- construct simple economic models and estimate them using econometric techniques;
- perform statistical tests on these models to answer research questions.

Activities:

- attending lectures and studying the reader and book;
- attending practical sessions doing exercises and discussing the outcomes;
- attending computer practicals to work on exercises using econometric software (STATA).

Examination:

- written exam;
- assessment of practicals assignments

Literature:

Course guide available on a Blackboard site for this course.
Handbook: see course guide.
Syllabus Econometrics by C. Gardebroek and E.J. Bakker (exercises for practicals).

OpleidingFaseSpecialisatiePeriode
Verplicht voor: BEBEconomics and GovernanceBSc1MO
Keuze voor: MMEManagement, Economics and Consumer StudiesMScC: Economics, Environment and Governance1MO