? Credit Points : 20  ? SCQF Level : 10  ? Acronym : MSE-3-AED

AED provides an opportunity to learn skills that are important for later stages of the Economics programme, and many future career and life contexts. AED aims to ensure that all economics honours students have at least a basic grasp of the techniques of modern empirical economics. The topics covered include: basic data handling; correlation; simple regression; multiple regression; regression with dummy variables; introduction to stationary time series methods; introduction to nonstationary time series methods (unit roots and cointegration). The course is applications- and computer-oriented, and makes extensive use of Excel. It thus provides an opportunity to develop and practice important transferable practical skills in computing, data gathering, processing, analysis and presentation. These skills play an important role in assessment for the course, reflected in the style of exam questions and the empirical projects. The half course Introductory Econometrics (IE) builds on the material covered in AED, with AED providing a more intuitive and informal understanding of key econometric topics covered more rigorously in IE. Joint Honours students, not formally required to take IE, are encouraged to do so if they want to develop a fuller and more rigorous understanding of econometric analysis.

? Pre-requisites : Hons Entry NOTE: for Economics with Management Science programme EITHER Analysis of Economic Data OR Introductory Econometrics (EC0077) is a mandatory course in year 3.

? Costs : None

? This course has variants for part year visiting students, as follows

• Analysis of Economic Data (VS1) (Semester 1 (Blocks 1-2))

Home subject area

Economics, (Management School and Economics, Schedule H)

? Normal year taken : 3rd year

? Delivery Period : Semester 1 (Blocks 1-2)

? Contact Teaching Time : 2 hour(s) per week for 10 weeks

First Class Information

Date Start End Room Area Additional Information 22/09/2005 12:10 13:00 Lecture Theatre 5, Appleton Tower Central

All of the following classes

Type Day Start End Area Lecture Monday 12:10 13:00 Central Lecture Thursday 12:10 13:00 Central

Practical skills in data analysis, and statistical and economic interpretation of results.

A 2 hour degree examination (70%) and two empirical projects (10%) and (20%).

Exam times

Diet Diet Month Paper Code Paper Name Length 1ST May 1 - 2 hour(s)

The Course Secretary should be the first point of contact for all enquiries.

Course Secretary

Mrs Lorna Aitken
Tel : (0131 6)50 8363
Email : Lorna.Aitken@ed.ac.uk

Course Organiser

Dr Colin Roberts
Tel : (0131 6)50 8353
Email : C.J.Roberts@ed.ac.uk

Course Website : http://www.ed.ac.uk/econ/intranet/Honourscourses.htm

School Website : http://www.man.ed.ac.uk/

College Website : http://www.hss.ed.ac.uk/