[ 572VKVWEMEK19 ] KS Empirical Economics

Es ist eine neuere Version 2021W dieser LV im Curriculum Master's programme Management in Polymer Technologies (MPT) 2023W vorhanden.
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Workload Education level Study areas Responsible person Hours per week Coordinating university
4 ECTS B2 - Bachelor's programme 2. year Economics Gerald Pruckner 2 hpw Johannes Kepler University Linz
Detailed information
Pre-requisites (*)KS Statistik für Sozial- und Wirtschaftswissenschaften ODER die Zulassung zum Masterstudium Economic and Business Analytics
Original study plan Bachelor's programme Business and Economics 2019W
Objectives The course “KS Empirical Economics” serves as an introduction to the field of Econometrics. Parallel to this course, students should also enroll in the IK “Empirical Economics”. The combination of both courses aims to support students in developing skills enabling students to understand and assess empirical work. The course focuses particularly on the intuition of writing empirical essays, recognizing the range of empirical methods and be able to recognize applied data in order to write a sound finding on selected empirical approaches. After completing both courses, students should be in a position to independently conduct empirical (econometric) research and apply commonly used terminology. These skills are not only required for economic analyses, but are also valuable for business practices as well as the ability to assess (economic)-political debates. In addition, students will gradually learn to formulate their (own) basic empirical topics and collect data, select and apply the right empirical methods, and formulate a beneficial interpretation of empirical results. The IK course offers an introduction to the statistical/econometric software packet Stata. The course(s) have been designed for students studying business administration with a major in Economics and/or Management & Applied Economics, but are also open to other students of other majors enrolled at the Faculty of Social Sciences, Economics and Business (such as Business Informatics, Social Economics, and Sociology) interested in empirical issues, methods and interpreting results. Pre-requisites include base knowledge of Statistics and Mathematics. Previous knowledge of basic economic theory is beneficial.
  • Important concepts in statistics - a review
  • Estimating and Testing
  • Descriptive Analyses and Prognosis
  • Intro to Causal Analysis
  • Linear Regression Model
  • Model Specification
Criteria for evaluation Grading: There will be two unannounced pop quizzes during the semester worth a maximum of 20 points each. There will be a final examination at the end of the semester (worth a max. of 100 points).

Methods Before the KS course begins, students will be required to read and reflect on assigned chapters from the book. The material will be discussed together in class (including additional topics and examples).
Language English
Study material Course reading: Bauer, Thomas K., Michael Fertig und Christoph M. Schmidt (2009), Empirische Wirtschaftsforschung: Eine Einführung, Springer Verlag, Berlin.
Changing subject? No
Further information Following the KS course, students may enroll in advanced courses from the field "Economic Theories and Methods". It is recommended to complete "KS Ökonometrie I" during the Summer Semester and the accompanying IK Ökonometrie I. Further Information are available at .
Corresponding lecture (*)572VKVWEWFK15: KS Empirische Wirtschaftsforschung (4 ECTS)
On-site course
Maximum number of participants 200
Assignment procedure Assignment according to priority