Course syllabus

Avancerad ekonometri
Econometrics, Advanced Course

EXTN05, 7,5 credits, A (Second Cycle)

Valid for: 2012/13
Decided by: Education Board 1
Date of Decision: 2012-03-27

General Information

Elective for: I4
Language of instruction: The course will be given in English

Aim

Students shall have developed the ability to pursue further studies in the subject and should be able to search for and evaluate information with a high degree of independence. Students shall also have developed the ability to individually write an empirically orientated essay.

Learning outcomes

Knowledge and understanding
For a passing grade the student must

· have a deeper understanding of linear regression models, including the representation using matrix algebra,

· be able to estimate linear and nonlinear models using least squares, generalised least squares, maximum likelihood and instrumental variables, and have an understanding of when these methods should be used,

· be able to formulate and test linear and nonlinear hypotheses,

· be able to analyse cross-sectional models with limited dependent variables,

· be able to analyse stationary and non-stationary time series models,

· be able to analyse panel data models,

· be able to generalise their knowledge to econometric problems that haven't been treated during the course,

· be able to understand relevant empirical and econometric research.

Competences and skills
For a passing grade the student must

Judgement and approach
For a passing grade the student must

have developed the ability to pursue further studies in the subject and should be able to search for and evaluate information with a high degree of independence. Students shall also have developed the ability to individually write an empirically orientated essay.

Contents

This course gives the basis that is needed to enable students to empirically analyse economic data without making unrealistic assumptions. Modern econometric techniques are treated, and at the same time considerable emphasis is placed on fundamental econometric thinking. Theoretical studies are interwoven with practical applications in the form of computer exercises, which are carried out using econometric software on a PC.

Examination details

Grading scale: TH
Assessment: Written exams take place at the end of the course. There will be further opportunities for examination close to this date. The computer exercises will be marked, and the marks carried forward to examinations taken the same term. Other forms of examination may be used to a lesser extent.

Admission

Admission requirements:

The number of participants is limited to: No
The course overlaps following course/s: NEKM23, NEKN31

Reading list

Contact and other information

Course coordinator: David Edgerton, David.Edgerton@nek.lu.se
Course homepage: http://www.nek.lu.se
Further information: Identical to NEKN31