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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2010/2011
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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Essentials of Econometrics (ECNM10052)

Course Outline
School School of Economics College College of Humanities and Social Science
Course type Standard Availability Available to all students
Credit level (Normal year taken) SCQF Level 10 (Year 3 Undergraduate) Credits 20
Home subject area Economics Other subject area None
Course website None Taught in Gaelic? No
Course description Essentials of Econometrics (EE) provides an opportunity to learn skills that are important for later stages of the Economics programme, and many future career and life contexts. EE aims to ensure that all economics honours students have a sound grasp of the basic techniques of modern empirical economics. The topics covered are likely to include: statistics (review of probability distributions, statistical inference, estimation and hypothesis testing); the linear regression model (two-variable model, multiple regression, functional forms, dummy variables); regression analysis in practice (model selection criteria and tests, multicollinearity, heteroskedasticity, autocorrelation). EE includes weekly lab sessions to reinforce lectures, with exercises which foster 'learning-by-doing'. The course provides an opportunity to develop and practice key practical skills in computing, data gathering, processing, analysis and presentation.
Entry Requirements
Pre-requisites Students MUST have passed: Economics 2 (ECNM08006)
Co-requisites
Prohibited Combinations Other requirements Pre-requisite: Economics Honours entry or the permission of the course leader.
Additional Costs None
Information for Visiting Students
Pre-requisites Visiting students should usually have at least 3 Economics courses at grade B or above (or be predicted to obtain this) for entry to this course. This MUST INCLUDE courses in both Macroeconomics and Microeconomics. We will only consider University/College level courses.
Displayed in Visiting Students Prospectus? Yes
Course Delivery Information
Delivery period: 2010/11 Semester 1, Available to all students (SV1) WebCT enabled:  Yes Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLecture1-11 16:10 - 18:00
First Class Week 1, Thursday, 16:10 - 18:00, Zone: Central. Appleton Tower, Lecture Theater 5
Additional information Students are ALSO expected to attend weekly computer lab sessions and fortnightly tutorials.
Exam Information
Exam Diet Paper Name Hours:Minutes Stationery Requirements Comments
Main Exam Diet S1 (December)Essentials of Econometrics1:30pencils / rubbers / scrap paper
Main Exam Diet S2 (April/May)2:0016 sides
Resit Exam Diet (August)2:0016 sides2010 only
Delivery period: 2010/11 Semester 1, Part-year visiting students only (VV1) WebCT enabled:  No Quota:  None
Location Activity Description Weeks Monday Tuesday Wednesday Thursday Friday
CentralLecture1-11 16:10 - 18:00
First Class Week 1, Thursday, 16:10 - 18:00, Zone: Central. Appleton Tower Lecture Theatre 5
Additional information Students are ALSO expected to attend weekly computer lab sessions and fortnightly tutorials.
No Exam Information
Summary of Intended Learning Outcomes
After successful completion of this course students will have developed an understanding of the essential techniques of econometrics and an ability to apply these techniques in a variety of contexts. The course emphasises general skills such as: critical analysis and assessment; reasoning adaptably and systematically, problem-framing and problem-solving; and practical skills in data analysis and interpretation.
Assessment Information
Mini project (10%)
Mid-term MCQ test (10%)
1.5 hour MCQ class exam in December (10%)
2 hour degree exam in April/May (70%)

The degree examination must be passed in order to pass the course, where the degree exam is failed the final mark recorded for the course will be the degree exam mark.


Visiting Student Variant Assessment
Mini project (10%)
Mid-term MCQ test (10%)
1.5 hour MCQ exam in December (10%)
Extended problem set (70%)
Special Arrangements
None
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
Keywords Not entered
Contacts
Course organiser Prof Maia Guell
Tel: (0131 6)50 8351
Email: Maia.Guell@ed.ac.uk
Course secretary Ms Dawn Mcmanus
Tel: (0131 6)50 8361
Email: Dawn.McManus@ed.ac.uk
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copyright 2011 The University of Edinburgh - 31 January 2011 7:34 am