Undergraduate Course: Econometrics 1 (ECNM10031)
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 4 Undergraduate) |
Credits |
20 |
| Home subject area |
Economics |
Other subject area |
None |
| Course website |
None
|
Taught in Gaelic? |
No |
| Course description |
This half-course Senior Honours option comprises the first term of the full-course option Econometrics. The half-course begins with a preliminary review of statistics and basic matrix algebra. Econometrics topics covered include: classical OLS estimation and inference; maximum likelihood estimation and inference; disturbance problems and generalized least squares (heteroskedasticity; autocorrelation; semmingly unrelated regression; diagnostic tests); Instrumental variables (IV) and GMM estimation. |
Entry Requirements
| Pre-requisites |
|
Co-requisites |
|
| Prohibited Combinations |
Students MUST NOT also be taking
Econometrics (ECNM10002)
|
Other requirements |
None
|
| Additional Costs |
None |
Information for Visiting Students
| Pre-requisites |
None |
| Displayed in Visiting Students Prospectus? |
Yes |
Course Delivery Information
| Not being delivered |
Summary of Intended Learning Outcomes
- A deeper understanding of the possibilities and limitations of standard econometric methods and models than is provided in the Introductory Econometrics half-course;
- provide a sound basis for further more advanced study of econometrics on graduate programmes;
- enable students to use econometric methods intelligently with an understanding of their appropriateness and limitations. |
Assessment Information
| Take home problem sets (20% of final mark); Two hour degree exam in May/June diet (80% of final mark) [The exam will comprise the first section of the degree exam for the full-course Econometrics, and will need to be sat simultaneously]. |
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 |
Dr Yongcheol Shin
Tel: (0131 6)50 8351
Email: Yongcheol.Shin@ed.ac.uk |
Course secretary |
Mrs Lorna Aitken
Tel: (0131 6)50 8363
Email: L.Aitken@ed.ac.uk |
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