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EC3529: ECONOMETRICS (2019-2020)

Last modified: 25 Sep 2019 09:58


Course Overview

The course aims to provide students the basics of econometric theory and teach them a range of different estimation techniques that can be applied in practice when working with data. The first part of the course will focus mainly on teaching a working knowledge of basic methods and principles of econometric theory, while the second part will focus more on a sequence of specific problems involving the specification, estimation and interpretation of econometric models. Students participating in the course will have the opportunity to solve theory exercises and to estimate econometric models in a computer lab using actual data.

Course Details

Study Type Undergraduate Level 3
Session Second Sub Session Credit Points 30 credits (15 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Alexandros Zangelidis

Qualification Prerequisites

  • Either Programme Level 3 or Programme Level 4

What courses & programmes must have been taken before this course?

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

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.


Details, including assessment, may be subject to change until 31 July 2022 for 1st half-session courses and 23 December 2022 for 2nd half-session courses.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

  • 1 Computer Practical during University weeks 29, 31 - 33
  • 2 Lectures during University weeks 25 - 35
  • 1 Seminar during University weeks 27 - 31, 33 - 35

More Information about Week Numbers


Details, including assessment, may be subject to change until 31 July 2022 for 1st half-session courses and 23 December 2022 for 2nd half-session courses.

Summative Assessments

Exam

Assessment Type Summative Weighting 70
Assessment Weeks Feedback Weeks

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Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

2x multiple choice quiz (15% each)

Assessment Type Summative Weighting 30
Assessment Weeks Feedback Weeks

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Feedback

Feedback is given in the computer aided assessment on a question-by-qustion basis, giving students guidance on how to approach the question successfully. On a less formal basis, via verbal feedback during tutorial discussions and computer workshops.

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Formative Assessment

There are no assessments for this course.

Resit Assessments

Exam

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

Look up Week Numbers

Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

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