ECO2099 : Econometric Analysis (Study Abroad S1)
- Offered for Year: 2024/25
- Available to incoming Study Abroad and Exchange students
- Module Leader(s): Dr Lena Janys
- Lecturer: Dr Chris Walsh
- Owning School: Newcastle University Business School
- Teaching Location: Newcastle City Campus
Semesters
Your programme is made up of credits, the total differs on programme to programme.
| Semester 1 Credit Value: | 10 |
| ECTS Credits: | 5.0 |
| European Credit Transfer System | |
Aims
The course Econometric Analysis provides students with a grounding in basic econometric methods. The techniques learnt in this course are part of an economist's essential 'tool kit'. It will provide students with an understanding of the basic techniques of multiple regression analysis and enable them to interpret and critically evaluate the results of empirical research in economics.
Outline Of Syllabus
The topics in semester 1 concentrate on single and multiple equation regression models and the application of Ordinary Least Squares (OLS) regression analysis:
1. Ordinary Least Squares (OLS) Model: Background and Estimation
2. Assumption of the OLS model
3. Properties of the OLS model: Unbiasedness and Efficiency
4. Hypothesis Testing
5. Goodness of Fit and Analysis of Variance
6. Functional Forms of Regression Models
7. Multiple Regression Analysis
8. Dummy Variables
Teaching Methods
Teaching Activities
| Category | Activity | Number | Length | Student Hours | Comment |
|---|---|---|---|---|---|
| Scheduled Learning And Teaching Activities | Lecture | 14 | 1:00 | 14:00 | PiP lectures |
| Scheduled Learning And Teaching Activities | Small group teaching | 3 | 1:00 | 3:00 | PiP seminars |
| Guided Independent Study | Independent study | 1 | 83:00 | 83:00 | N/A |
| Total | 100:00 |
Jointly Taught With
| Code | Title |
|---|---|
| ECO2009 | Econometric Analysis |
Teaching Rationale And Relationship
Lectures provide the basic technical structure of the methods introduced and an overview of the basic empirical modelling methods.
Small group teaching provide an opportunity to enhance both theoretical and practical aspects of modelling.
Assessment Methods
The format of resits will be determined by the Board of Examiners
Exams
| Description | Length | Semester | When Set | Percentage | Comment |
|---|---|---|---|---|---|
| Written Examination | 60 | 1 | A | 100 | N/A |
Formative Assessments
Formative Assessment is an assessment which develops your skills in being assessed, allows for you to receive feedback, and prepares you for being assessed. However, it does not count to your final mark.
| Description | Semester | When Set | Comment |
|---|---|---|---|
| Prob solv exercises | 1 | M | Seminar questions provided |
Assessment Rationale And Relationship
The examination tests understanding of the theoretical modelling elements of the course as well as that of empirical modelling methods. It is the appropriate way of assessing theoretical knowledge. Alternative examination of 24 hour online take-home exam in the event of in-person assessments not taking place.
Reading Lists
Timetable
- Timetable Website: www.ncl.ac.uk/timetable/
- ECO2099's Timetable