EC205-Intermediate Econometrics

Module Provider: School of Politics, Economics and International Relations
Number of credits: 20 [10 ECTS credits]
Level:5
Terms in which taught: Spring / Summer term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites: EC204 Introductory Econometrics and EC206 Intermediate Mathematics for Economics
Modules excluded: EC207 Empirical Methods for Economics and Social Sciences
Current from: 2017/8

Module Convenor: Dr Hussein Hassan

Email: hussein.hassan@reading.ac.uk

Type of module:

Summary module description:

This module complements EC204 and will provide foundations for EC318. This module will explore more deeply ordinary least squares (OLS) regression and OLS properties, explore departures from standard assumptions and will further develop statistical software and data manipulation skills.


Aims:

 



In this module, which assumes familiarity with the multiple regression model, students will go a step further to critically evaluate the multiple regression model as well as examine methods to uncover causal relationships between variables. Readings will include published research papers applying these methods, in such areas as labour and development economics. Studying this module will give students a good understanding of more advanced econometric methods as well as how current economic research applies these techniques to analyse and develop policy. It will form an excellent basis for Part 3 modules in all areas of applied economics, and be of particular use in empirically based dissertations.


Assessable learning outcomes:

At the end of the module students should be able to:




  • understand the core methods of econometrics at an intermediate level;

  • undertake estimation and data manipulation tasks using computer software.


Additional outcomes:

Greater familiarity with econometric software and programming.


Outline content:

Formal lectures and computer classes; supported independent study.


Brief description of teaching and learning methods:

Formal lectures and computer classes; supported independent study.


Contact hours:
  Autumn Spring Summer
Lectures 20 2
Practicals classes and workshops 7
Guided independent study 153 18
       
Total hours by term 180.00 20.00
       
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 60
Set exercise 40

Summative assessment- Examinations:

One 3 hour unseen written paper.



Part 2 examinations are held in the Summer term.


Summative assessment- Coursework and in-class tests:

There will be one larger assignment or two shorter assignments due during the Spring term.


Formative assessment methods:

Exercises discussed during the lectures and classes.


Penalties for late submission:
The Module Convener will apply the following penalties for work submitted late:

  • where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day[1] (or part thereof) following the deadline up to a total of five working days;
  • where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

  • The University policy statement on penalties for late submission can be found at: http://www.reading.ac.uk/web/FILES/qualitysupport/penaltiesforlatesubmission.pdf
    You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

    Assessment requirements for a pass:
    A minimum overall mark of 40%.

    Reassessment arrangements:

    Re-assessment for all modules takes place in August/September of the same year.

    Re-assessment is by examination only; coursework is not included at the second attempt.


    Additional Costs (specified where applicable):
    1) Required text books:
    2) Specialist equipment or materials:
    3) Specialist clothing, footwear or headgear:
    4) Printing and binding: There may be optional costs associated with photocopying or printing sources listed on the reading list relating to this module. Please note that the Library charges approximately 5p per photocopy.

    5) Computers and devices with a particular specification:
    6) Travel, accommodation and subsistence:

    Last updated: 16 August 2018

    THE INFORMATION CONTAINED IN THIS MODULE DESCRIPTION DOES NOT FORM ANY PART OF A STUDENT'S CONTRACT.

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