[ 572ESMMIECK20 ] KS Intermediate Econometrics

Es ist eine neuere Version 2023W dieser LV im Curriculum Master's programme Business Informatics 2023W vorhanden.
(*) Unfortunately this information is not available in english.
Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS B2 - Bachelor's programme 2. year Economics Martina Zweimüller 2 hpw Johannes Kepler University Linz
Detailed information
Pre-requisites (*)KS Einführung in die Volkswirtschaftslehre KS Daten und Forschungsdesigns in der Ökonomie ODER Zulassung zum Masterstudium Wirtschaftsinformatik ODER Zulassung zum Masterstudium Sozialwirtschaft
Original study plan Bachelor's programme Economics and Business 2021W
Objectives Students understand multiple linear regression models, are aware of the strengths and weaknesses of these models, and can correctly interpret estimation coefficients from these models. They understand empirical economic papers and can assess the quality of such papers. They can perform simple empirical analyses and are familiar with causality theory.
Subject The focus of the course lies on econometric theory:

  • Probability theory
  • Linear Regression Model (OLS)
  • Model specification
  • Binary variables and linear probability models
  • Sources and consequences of endogeneity
  • Rubin causal model
  • Basic regression analysis with time series data
  • Basic regression analysis with panel data
Criteria for evaluation
  • Two short tests during the term
  • Final exam at the end of term
Methods Lectures and discussion
Language English
Study material
  • Wooldridge, Jeffrey M. (2013). Introductory Econometrics: A Modern Approach. 5th edition (or 4th edition, 2008), South-Western Cengage Learning.
  • Further literature will be announced in the course. Slides are provied via Moodle.
Changing subject? No
Further information
  • Students should have basic knowledge in statistics and econometrics (see, for example, Appendix A-C and Chapters 1-2 in Wooldridge (2013)). The course (KS) “Daten und Forschungsdesign in der Ökonomie” equips students with this knowledge and is offered every winter term.
  • The main target group are students enrolled in the Bachelor program Economics & Business. Students enrolled in other degree programs who are interested in empirical methods are most welcome.
  • The focus of the course is on econometric theory; the focus of the accompanying intensifying course (IK) is on the application of the material learned in the course. Attending the intensifying course in the same semester as the course is highly recommended.
On-site course
Maximum number of participants 200
Assignment procedure Assignment according to priority