Spring 2019Autumn 2019
The course introduces regression analysis applied to cross-sectional data, panel data and time-series data. Instrumental variables techniques to solve a potential endogeneity problem will also be taught. The course will focus on applications of the econometric techniques and on practical and empirical examples.
- the simple regression model
- multiple regression analysis
- panel data techniques
- time-series analysis
- instrumental variable techniques
After completing this course, students should:
- understand what assumptions econometric models are based on
- know the central concepts and terminology of econometrics
- be able to interpret the results of empirical analyses and to be able to choose between competing regression models
- be able to conduct quantitative analysis where several factors can affect an outcome variable simultaneously
- be able to use STATA for doing econometric analysis, produce do-files and log-files, import data from excel, and produce tables and figures.
- be able to choose and apply an appropriate scientific method for analysing the research question
- be able to interpret and critically deal with empirical work in applied econometrics
- know the structure and requirements for a master thesis, and be able to develop a research question
- understand the ethical issues in collection and interpretation of data
- have a good background for more advanced econometric courses
14 lectures/classes and 5 practical computer sessions where the students learn the use of the econometric software STATA. The first computer session introduces Stata, and in the 4 remaining sessions the students will get help in solving an assignment. Students need to bring their own computer. Two of the four assignments must be submitted in order to get course approval. Assignments may be submitted, in groups of 3-4 students, and some feedback on the assignments will be given. Assignments, must be written in English.
Basic knowledge about statistics
Credit reduction due to overlap
ECN402 is a renaming of the previous ECO402, and you will not get credit for both courses.
ECN402 can not be combined with BUS444, BUS444E, BAN431, FIE401A/FIE401B or FIE449, due to similarities - and you will not get credit for both courses.
Requirements for course approval
Two of four assignments must be submitted and approved in order to get course approval. Assignments may be submitted, in groups of 3-4 students, and some feedback on the assignments will be given. Assignments must be written in English.
Students with previous results in ECN402OPPG og ECN402EKS do not need to obtain course approval.
One final written school exam of four (4) hours.
Grading scale A - F.
Econometric software package STATA
Jeffrey M. Wooldridge (2016): Introductory Econometrics: A Modern Approach, 6th edition. Some additional material will be distributed on Itslearning.
- ECTS Credits
- Teaching language
Autumn and spring. Offered spring 2019.
Spring 2019: Course responsible assistant professor Morten Sæthre, Department of Economics and postdoctoral fellow Fanny Landaud, Department of Economics