Module overview
Assessment in the module takes the form of an online software skills test (worth 10% of the final mark) and a final written exam (worth 90%).
Aims and Objectives
Learning Outcomes
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- Critically evaluate empirical strategíes employed in economic research projects
- Apply econometric theory to use data to address economic questions
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- Choose an adequate empirical research strategy to answer a specific research question.
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- causal inference in econometrics
- key issues and problems faced in applied econometric analysis, and how to address these.
- the main methods in econometrics to address economic research and policy questions
Syllabus
The main topics to be covered include:
- Linear Regression Models
- Hypothesis Testing and Confidence Intervals
- Instrumental Variables Regression Models
- Discrete Choice Models
Depending on students' prior knowledge of econometrics and their interests other topics may be added or substituted as well.
Learning and Teaching
Teaching and learning methods
The module will be delivered in lectures that will cover both the presentation of the theory and its application.
| Type | Hours |
|---|---|
| Teaching | 25 |
| Independent Study | 125 |
| Total study time | 150 |
Resources & Reading list
Textbooks
Jeffrey Wooldridge (2005). Introductory Econometrics: A Modern Approach . 2019: Cengage.
Marno Verbeek (2017). A Guide to Modern Econometrics. Wiley.
Assessment
Assessment strategy
Assessment is through end of module written examination only. This is supported by continuous formative assessment in form of problem sets. This is the same for internal repeat. Assessment for external repeat and referral is through 100% end of module examination.
Summative
This is how we’ll formally assess what you have learned in this module.
| Method | Percentage contribution |
|---|---|
| Exam | 100% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
| Method | Percentage contribution |
|---|---|
| Exam | 100% |
Repeat
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.
| Method | Percentage contribution |
|---|---|
| Exam | 100% |
Repeat Information
Repeat type: Internal & External