To take the principles developed in second year statistical theory and econometrics courses and show their wider application in econometric estimation and model-building.
Prerequisites: ECON2007 OR ECON2032
Aims and Objectives
Having successfully completed this module you will be able to:
- Be able to understand and apply Time Series Models. In particular: learn the theoretical foundations of time series; learn empirical applications of time series using statistical software such as Stata or Eviews.
- Be able to understand and apply Panel Data Models. In particular: learn the theoretical foundations of panel data; learn empirical applications of panel data using statistical software such as Stata or Eviews.
- Apply the principles learnt in year 2 in a variety of model-building situations.
The main topics include:
- Panel Data Models;
- Time Series Models.
Learning and Teaching
Teaching and learning methods
Lectures and masterclass
|Total study time||150|
Resources & Reading list
Cameron and Trivedi. Microeconometrics Using Stata. Stata Press.
R.C. Hill, W.E. Griffiths and G.C. Lim Carter (2018). Principles of Econometrics. Wiley and Sons.
Jeffrey Wooldridge. Introduction to Econometrics. Cengage Learning.
J.H.Stock and M.W Watson (2014). Introduction to Econometrics. Pearson.
Assessment in this module will in form of 2 problem sets (each worth 5% of the final mark), successful participation in masterclasses (10%) and an individual final take-home assignment (80%). The assignment will be in form of two empirical projects containing questions related to time series and panel data methods learned in the module.In the event of you having to resit this unit, the coursework and participation marks will not be carried forward.
This is how we’ll formally assess what you have learned in this module.
This is how we’ll assess you if you don’t meet the criteria to pass this module.
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Repeat type: Internal & External