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:
2020-2021, 2021-2022, 2022-2023, 2023-2024

Description

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.


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

Evaluation criteria:
Exam
Time of teaching:
Period 1, Period 2
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