Module Information
Course Delivery
| Delivery Type | Delivery length / details |
|---|---|
| Lecture | 10 Hours. |
| Practical | 10 Hours. Computer practical plus Class Essay - 5 hours |
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | Coursework element is based on an assignment which entails the preparation of a report based on the computer practical work | 40% |
| Semester Exam | 2 Hours | 60% |
| Supplementary Assessment | 2 Hours examination and/or resubmission of coursework | 100% |
Learning Outcomes
On successful completion of this module students should be able to:
Have an extensive knowledge of time series techniques, especially dynamic modelling and advanced diagnostic tasks.
The students should have gained experience with Microfit and be able to complete the econometric investigation of small scale projects. In addition to dynamic modelling they should also be able to recognise the circumstances when simultaneous equation analysis is appropriate.
Aims
This module leads on from EC30900, aiming to give a more advanced approach to econometrics. Particular emphasis is on applied work using Microfit with topics in a wide area of time series analysis being covered.
Brief description
This module presents an advanced econometrics course, which is based around a series of computer practicals.
Content
- Revision of Gauss-Markov assumptions
- Dynamic models
- Stationary time series data
- Cointegration
- Two stage least squares
Transferable skills
Independent work on coursework requiring basic researching skills. Extensive use of computers, including the use of statistical software.
Reading List
Recommended TextEnders, W (1995) Applied Econometrics Time Series 2nd edition Wiley Primo search Gujarati, D (1995) Basic Econometrics 3rd edition McGraw Hill Primo search Johnson, J and Dinardo, J (1997) Econometric Methods 4th edition Wiley Primo search
Notes
This module is at CQFW Level 6