Master's programme Economic and Business Analytics 2021W
Objectives
Students master the fundamentals of econometrics.
They are familiar with the most important concepts of mathematical statistics such as estimation and testing.
They know the differences between different types of data and have experience in data collection and preparation.
They understand empirical economic papers and can also evaluate their quality.
They know the strengths and limitations of multiple regression analyses and can interpret estimation coefficients depending on different functional forms.
They are able to independently conduct simple empirical analyses using business and economic data and to interpret the results.
The students know the difference between descriptive and causal analysis.
They have an overview of the possibilities of causal identification.
Subject
Basic statistical concepts (samples, probability distributions and their moments, ...)
Estimation and testing
Cross sectional data, time series, and panel data
Descriptive analysis and graphical representations
The linear regression model
The multivariate regression model -- model specification
