| Unit name | Applied Quantitative Research Methods |
|---|---|
| Unit code | EFIM20010 |
| Credit points | 20 |
| Level of study | I/5 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Professor. Stephanie von Hinke |
| Open unit status | Not open |
| Pre-requisites |
EFIM10008 Mathematical and Statistical Methods 1 |
| Co-requisites |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
This unit aims to provide students with a functional understanding of econometrics, and the ability to interpret econometric models. The focus will be on the intuition and interpretation of the models. We will cover topics such as Ordinary Least Squares, instrumental variables, and time series. Students should be able to interpet output from these models as well as show knowledge of appropriate models to apply when presented with data. Students will be expected to develop a small mathematical understanding of the concepts underlying Ordinary Least Squares.
Students will be able to:
1. Show a functional ability to interpret econometric output from a variety of econometric models.
2. Recognise suitable econometric methods to address empirical questions.
3. Use computers to model empirical questions.
30 lectures (including exercise lectures)
9 classes
Summative assessments
2.5 hour examination at the end of the relevant teaching block. This assesses the following learning objectives:
Functional ability to interpret econometric output.
Ability to recognise suitable econometric methods to address empirical questions.
Formative assessments through regular classes. These will assess the following learning objectives:
Ability to use computers to model empirical questions
Ability to recognise suitable econometric methods to address empirical questions
Gujurati, Damodar. Econometrics by Example
"Mastering Metrics" by Angrist and Pischke
