ECM607CNU-Macroeconometrics

Module Provider: School of Politics, Economics and International Relations
Number of credits: 10 [5 ECTS credits]
Level:7
Terms in which taught: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2021/2

Module Convenor: Dr Shixuan Wang
Email: shixuan.wang@reading.ac.uk

Type of module:

Summary module description:

NUIST Module Lead:  Dr. Wu Zhenyong, Email: wuzhy1983@163.com

This module is intended to teach students more advanced macroeconometrics, which focuses time series econometrics with macroeconomic applications. The module considers how to select and apply the most appropriate time series econometrics for a given economic dataset. In addition students will develop their econometric software skills using R.

Aims:

The aim of this module is to provide students with a more extensive knowledge and understanding of macroeconometrics, especially applying the techniques for research. Additionally, the module will teach students how to implement these econometric techniques, using R.

Assessable learning outcomes:

By the end of the course students should be able to:

• Understand the need and the nature of time series econometrics.


• Implement time series econometric methods using R.


• Read academic papers in macroeconometrics and understand the suitability of the methods employed.

Additional outcomes:

Students will develop their research and data handling skills, and be able to critically evaluate methods and approaches chosen by research papers.

Outline content:

Topics may include autoregressive moving-average models, unit root/stationarity tests, model selection and diagnostics, forecasting, and cointegration.

Brief description of teaching and learning methods:

Teaching will be a combination of lectures and computer classes.

Contact hours:

	Autumn	Spring	Summer
Lectures		10
Practicals classes and workshops		5
Guided independent study:
Wider reading (independent)		20
Advance preparation for classes		15
Revision and preparation		10
Carry-out research project		30
Reflection		10
Total hours by term	0	100	0
Total hours for module	100

Summative Assessment Methods:

Method	Percentage
Project output other than dissertation	100

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:

There will be one course project in which students will implement a set of econometric tasks by using R and produce a report.

Formative assessment methods:

There will be computer exercises for each topic, which will be discussed during the lectures and workshops.

Penalties for late submission:

The below information applies to students on taught programmes except those on Postgraduate Flexible programmes. Penalties for late submission, and the associated procedures, which apply to Postgraduate Flexible programmes are specified in the policy 􀀓Penalties for late submission for Postgraduate Flexible programmes􀀔, which can be found here: http://www.reading.ac.uk/web/files/qualitysupport/penaltiesforlatesubmissionPGflexible.pdf
The Support Centres 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 (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 50%.

Reassessment arrangements:

Re-assessment for all modules takes place in August of the same year and a new assignment will be set.

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. 

5) Computers and devices with a particular specification: 

6) Travel, accommodation and subsistence: 

Last updated: 7 September 2021