Not available in 2020/21
EC2C4 Half Unit
Econometrics II
This information is for the 2020/21 session.
Teacher responsible
To be confirmed.
Availability
This course is compulsory on the BSc in Economics and Economic History, BSc in Finance, BSc in International Social and Public Policy and Economics, BSc in Philosophy and Economics and BSc in Politics and Economics. This course is available on the BSc in Accounting and Finance, BSc in Environment and Development, BSc in Mathematics and Economics, BSc in Mathematics with Economics, BSc in Mathematics, Statistics and Business, BSc in Philosophy, Politics and Economics and Diploma in Accounting and Finance. This course is available as an outside option to students on other programmes where regulations permit. This course is available with permission to General Course students.
Pre-requisites
Students must have completed Econometrics I (EC2C3).
Course content
This course builds on the material learned in EC2C3. Its aim is to present to you the theory and practice of empirical research in economics. We will use calculus instead of matrix algebra and follows a textbook by Wooldridge closely. The focus of the course is on the underlying econometric theory: estimation methods, properties of estimators (unbiasedness, standard error formula, sampling distribution, consistency) and hypothesis testing. Topics include: Bivariate and multiple regression (estimation, inference, asymptotic property); endogeneity (omitted variables and simultaneity); instrumental variables and two-stage least squares; binary choice models; and time series analysis.
Teaching
30 hours of lectures and 10 hours of classes in the LT.
Formative coursework
Students will be expected to produce 10 pieces of coursework in the LT.
Indicative reading
• J. D. Angrist and J. S. Pischke Mastering ‘Metrics. The Path from Cause to Effect, Princeton University Press.
• J. Wooldridge Introductory Econometrics. A Modern Approach, Cengage
• J. H. Stock and M. Watson Introduction to Econometrics, Pearson
Assessment
Exam (100%, duration: 2 hours) in the summer exam period.
Important information in response to COVID-19
Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the situation of students in attendance on campus and those studying online during the early part of the academic year. For assessment, this may involve changes to mode of delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.
Key facts
Department: Economics
Total students 2019/20: Unavailable
Average class size 2019/20: Unavailable
Capped 2019/20: No
Value: Half Unit
Personal development skills
- Self-management
- Team working
- Problem solving
- Application of information skills
- Communication
- Application of numeracy skills
- Specialist skills
