Module Identifier |
EC36120 |
Module Title |
ECONOMETRICS 1 |
Academic Year |
2006/2007 |
Co-ordinator |
Mr Bruce Morley |
Semester |
Intended for use in future years |
Next year offered |
N/A |
Next semester offered |
N/A |
Pre-Requisite |
EC30920 |
Course delivery |
Lecture | 10 Hours. |
|
Practical | 10 Hours. Computer practical plus Class Essay - 5 hours |
Assessment |
Assessment Type | Assessment Length/Details | Proportion |
Semester Exam | 2 Hours | 60% |
Semester Assessment | Coursework element is based on an assignment which entails the preparation of a report based on the computer practical work | 40% |
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 Lists
Books
** Recommended Text
Enders, W (1995) Applied Econometrics Time Series
2nd edition. Wiley
Gujarati, D (1995) Basic Econometrics
3rd edition. McGraw Hill
Johnson, J and Dinardo, J (1997) Econometric Methods
4th edition. Wiley
Notes
This module is at CQFW Level 6