# KTTA1120 Introduction to Econometrics (8 cr)

**Study level:**

Intermediate studies

**Grading scale:**

0-5

**Language:**

Finnish

**Responsible organisation:**

Jyväskylä University School of Business and Economics

**Curriculum periods:**

2024-2025, 2025-2026, 2026-2027, 2027-2028

## 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

• 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. vuosi

## Description of prerequisites

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

## Recommended prerequisites

## 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, 3. 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