AEP-21306 Econometrics


Credits 6.00

Teaching methodContact hours
Independent study0
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:


Assumed knowledge on:

YSS-20306 Quantitative and Qualitative Research Techniques in the Social Sciences; MAT-20306 Advanced Statistics; MAT-22306 Quantitative Research Methodology and Statistics.

Continuation courses:

YSS-34306 Advanced Econometrics


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 various econometric techniques
- interpret econometric models and results of analysis
- calculate econometric tests statistics and indicators
- assess the quality of econometric analyses on the basis of various statistical tests and indicators
- construct simple econometric models and estimate them using econometric techniques.


- 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).


- written exam with 4 open questions (75%);
- six assignments (25%).
Minimum mark for the written exam is 5.0.


Course guide available on a Blackboard site.
Handbook: C. Dougherty (2016). Introduction to Econometrics. 5th ed. Oxford University Press.
Syllabus Econometrics by C. Gardebroek and E.J. Bakker (exercises for practicals).

Compulsory for: MIDInternational Development StudiesMScB: Economics of Development2MO
BEBEconomics and GovernanceBSc1MO
Restricted Optional for: MMEManagement, Economics and Consumer StudiesMScC: Economics and Governance1MO