KTTA1120 Introduction to Econometrics (8 cr)

Study level:
Intermediate studies
Grading scale:
0-5
Language:
English, Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2017-2018, 2018-2019, 2019-2020

Description

Content

Review of statistics and probability. Specification and estimation of linear regression model. Hypothesis testing. More advanced econometric methods, such as regression with panel data, regression with a binary dependent variable and method of instrumental variables. Learning to use an econometric software.

Completion methods

Book exam: Academic year

Assessment details

Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.

Learning outcomes

At the end of the course the student is expected to be able to:
• identify and define most commonly used concepts and methods in econometrics, such as random sampling, linear regression model and ordinary least squares;
• write a summary of the results of an econometrics/empirical analysis and interpret them.
• apply econometrics methods covered during the course, such as linear regression model and associated statistical tests
• implement a small-scale econometric study
• compare econometric analyses and to evaluate them critically

Additional information

Ajoitus: 2. tai 3. vuosi

Description of prerequisites

KTTP2111 Basics of Economics, KTTA1210 Mathematical Economics I, Introduction to Statistics 1 and 2, or equivalent.

Study materials

Luennoilla jaettava materiaali

Literature

  • Cock, A. C. 2006. A Gentle Introduction to Stata.; ISBN: 9781597180757
  • Stock, J.H. & Watson, M.W. 2007. Introduction to Econometrics, 2. painos tai uudempi.; ISBN: 0-321-44253-9
  • Baum, C. F. 2006. An Introduction to Modern Econometrics Using Stata; ISBN: 978-1597180139

Completion methods

Method 1

Select all marked parts
Parts of the completion methods
x

Teaching (8 cr)

Type:
Participation in teaching
Grading scale:
0-5
Language:
English, Finnish

Teaching