ECON324-14S1 (C) Semester One 2014

Econometrics

15 points

Details:
Start Date: Monday, 24 February 2014
End Date: Sunday, 29 June 2014
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 9 March 2014
  • Without academic penalty (including no fee refund): Sunday, 25 May 2014

Description

Advanced regression techniques. Estimation of simultaneous equations. Cross section methods.

Learning Outcomes

  • In this course you will learn:
  • how to use Stata.
  • how to estimate linear relationships using OLS and FGLS estimators.
  • how to interpret regression output
  • how to test linear hypotheses about regression coefficients, and know how to interpret those tests
  • the consequences of “nonspherical errors” (heteroskedasticity, serial correlation, and cross-sectional correlation) and estimation procedures for dealing with these problems
  • the problems caused by endogeneity and some methodologies for dealing with this problem
  • some of the opportunities and challenges offered by panel data and associated estimation strategies
  • some of the opportunities and challenges offered by time series data
  • the problems arising from estimating models with lagged dependent variables
  • about nonstationarity and spurious regression
  • tests for nonstationarity and cointegration
  • how to estimate short-and long-run economic relationships using error correction models
  • basics of computer programming
  • how to write computer simulations

Prerequisites

(1) ECON213 or STAT213; and (2) MATH102 or MATH199

Course Administrator

Bob Reed

Lecturer

Bob Reed

Assessment

Assessment Due Date Percentage 
Weekly assignments 20%
Final exam 45%
Term test 35%

Course links

Course Outline

Indicative Fees

Domestic fee $709.00

International fee $3,063.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Department of Economics and Finance .

All ECON324 Occurrences

  • ECON324-14S1 (C) Semester One 2014
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