Course Co-ordinator: Dr A Zangelidis

Pre-requisite(s): EC 3023: Mathematical and Statistical Methods.

Econometrics is concerned with testing the compatibility of economic theories with events in the real world. Its development has influenced recent changes that have taken place in Economics to such an extent that some knowledge of Econometrics is essential if much of the modern literature is to be understood. Economic theories are seen as hypotheses about the nature of the world, and are expressed as an equation or a system of equations. These equations are then estimated using one or more of the methods of Econometrics. The acceptability or otherwise of the theory can then be decided upon, or the theory itself may be modified and retested. Econometrics is essentially the application of scientific empirical methods to Economics.

1 two-hour lecture and 1 one-hour lecture per week (Tuesday 15:00-17:00, Thursday 15:00-16:00); 1 one-hour tutorial every week (staring from teaching week 3, 8 tutorials in total); 3 one-hour computer workshops in weeks 35, 36 and 37, and 2 one-hour computer multiple-question quizzes on weeks 34 and 42.

1st Attempt: 1 three-hour examination (70%), and in-course assessment (30%).

The in-course assessment will consist of 2 one-hour multiple choice quizzes. Each quiz will consist of 12 multiple choice questions, and will count 15% of the overall course mark (30% in total).

Resit: 1 three-hour examination (70%), and in-course assessment (30%). Previous coursework will be taken into account unless doing so would cause a student who passed the resit exam to fail the course overall, in which case the overall mark will be CAS 9.