Study Programmes 2015-2016
| ECON0213-1 | ||||||||
| Advanced Econometrics | ||||||||
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Duration :
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| 30h Th, 15h Pr | ||||||||
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Number of credits :
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Lecturer :
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| Eric Bonsang | ||||||||
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Language(s) of instruction :
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| English language | ||||||||
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Organisation and examination :
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| Teaching in the second semester | ||||||||
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Units courses prerequisite and corequisite :
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| Prerequisite or corequisite units are presented within each program | ||||||||
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Course contents :
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| The topics that will be covered are: 1. Recap of multiple linear regression 2. Rescaling, Functional form, interaction terms, multiple regression analysis with qualitative information 3. Heteroscedasticity 4. Endogenous explanatory variable, functional form misspecification, and measurement error 5. Panel data methods 6. Instrumental variable estimation and two stage least squares 7. Limited dependent variable models and sample selection correction | ||||||||
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Learning outcomes of the course :
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| Emphasis: Studying modern methods and techniques for the analysis of economic data. Objectives: provide students with a serious understanding of the concepts of modern methods used in econometrics; learn how to approach new methodological issues and concepts; learn how to approach an empirical issue in economics using the appropriate tools and concepts; help students to critically interpret econometric analysis; understand the advantages and limitations of particular type of approaches/tools that are used in econometrics; gain experience in presenting new theoretical material; gain experience in the application and interpretation of modern econometric tools to real life data. | ||||||||
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Prerequisite knowledge and skills :
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| Students should have good basic knowledge in probability theory, in statistics and have had a previous introduction to econometrics of the level of ECON0212-3 Econométrie. Students can also refer to the Appendix and to chapter 1 to 5 of Wooldridge, J., Introductory Econometrics: A Modern Approach, 5th edition. | ||||||||
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Planned learning activities and teaching methods :
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| see below. | ||||||||
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Mode of delivery (face-to-face ; distance-learning) :
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Recommended or required readings :
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Assessment methods and criteria :
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| The final grade will be based on: an empirical paper (30%), written or oral exam (50%), and active participation meetings (20%). | ||||||||
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Work placement(s) :
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Organizational remarks :
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| Presence and active participation are required. | ||||||||
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Contacts :
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