Skip to main content

Unit information: Applied Quantitative Research Methods in 2020/21

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

Co-requisites

None

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Description

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.

Intended learning outcomes

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.

Teaching details

Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities

Assessment Details

Empirical project (50%) 2 x assignments (25% each)

Reading and References

Gujurati, Damodar. Econometrics by Example

"Mastering Metrics" by Angrist and Pischke

Elements of forecasting by Francis Diedold

Feedback