Course Code & Number
ECON 431
Course Title
Applied Econometrics
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite:
Pre-requisites: ECON 331-O OR ECON 331
Co-requisites: NONE
Catalog Description
A dual focus on econometric theory and hands-on experience working with economic data. Empirical investigation. Evaluation of econometric and other statistical evidence.
Course Objectives
This course aims at presenting the main econometric methods, and their associated Stata commands, that can be used for the analysis of observational data which include surveys, firm data, or administrative data and can take the form of cross-section or panel data. This course relies on hands-on learning and offers a wide range of tools, which can be used in many research settings and topics, emphasizing applications and implementation procedures addressing real-world questions, econometric methods used in current empirical research.
Software Usage
Students will use Stata and MS Office applications (Word, Excel, Access, Powerpoint) to work on their weekly assignments about 4 hours a week.
Course Learning Outcomes
Upon succesful completion of this course, a student will be able to
1. Identify different types of economic data sets and the analytic tools that are appropriate for each
2. Explain the basic econometric toolset for multivariate analysis
3. Be able to apply the proper tools to a given research question and data set
4. Explain how to interpret the results of econometric estimations
5. Be in a better position to critically evaluate your own work and the literature in management that uses regression analysis
6. Write an applied econometrics project and present the results to the class
7. Gain a working knowledge of STATA
Learning Activities and Teaching Methods:
Telling/Explaining
Discussion/Debate
Questioning
Reading
Collaborating
Case Study/Scenarion Analysis
Guest Speakers
Web Searching
Assessment Methods and Criteria:
Test / Exam
Quiz
Case Studies / Homework
Presentation (Oral/Poster)
Assessment Methods and Criteria Others:
Recommended Reading
1. Stock. J. H., and M. W. Watson, Introduction to Econometrics. 3rd Edition, M.A.: Addison Wesley-Pearson Education, Boston, 2010.
Required Reading
1. Wooldridge. J., Introductory Econometrics A Modern Approach. 4th Edition, Thompson South-Western, Cincinnati, 2008.
Learning Activities and Teaching Methods Others:
Course & Program Learning Outcome Matching:
