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