| Detailed information |
| Pre-requisites |
(*)siehe Studienfach Ökonomische Theorie und Methoden
|
| Original study plan |
Bachelor's programme Business and Economics 2012W |
| Objectives |
The Course Econometrics I is part of the Econometrics Curriculum by the Department of Economics. The objective is to provide students with an understanding of simple econometric models and introduce them to empirical work in a critical manner. The main target group is students enrolled in the Bachelor degree program in Social Sciences, Economics and Business who aim to specialize in either Economics, or Management and Applied Economics. Of course, students of other areas of specialization, or enrolled in other degree programs who are interested in empirical methods, are most welcome. However, please check the prerequisites below. The course focuses on econometric theory and applications will be taught in the accompanying intensifying course.
|
| Subject |
• Multiple Regression Analysis
• Econometric Specification
• Data Issues
• Binary Variables
• Heteroskedasticity
• Basic Regression Analysis with Time Series Data
|
| Criteria for evaluation |
Two short tests on the reading assignments will be given during the semester. There are 20 points maximum for each test. The higher score will count towards the final grade. At the end of the semester there will be a final examination (maximum of 100 points).
|
| Methods |
Before students attend the course, they will be asked to study assigned chapters in the text book. The material will be discussed together thoroughly in class.
|
| Language |
English |
| Study material |
Wooldridge, Jeffrey M. (200x), Introductory Econometrics: A Modern Approach, 3rd ed. or higher, South Western College Publishing, Mason (Ohio).
|
| Changing subject? |
No |
| Further information |
In order to participate in this course, students will require basic knowledge in econometrics and statistics. See, for example, Appendix A to C and Chapters 1 to 4 in Wooldridge (200x). The prerequisite course CS "Empirische Wirtschaftsforschung" is offered every winter semester.
|
