INTRODUCTION TO ECONOMETRICS

2021/2022
Official course title
INTRODUCTION TO ECONOMETRICS
Course code
ET2013 (AF:303802 AR:167577)
Modality
On campus classes
ECTS credits
6
Degree level
Bachelor's Degree Programme
Educational sector code
SECS-P/05
Period
1st Term
Course year
3
Where
VENEZIA
Moodle
Go to Moodle page
The course contributes to achieve the main objectives of the bachelor degree in "Economia e Commercio" and "Economics, Markets, and Finance". In line with the rest of the program this course introduces students to the main mathematical and statistical methods for estimating economic relationships. Particular attention will be given to the methodological rigor and the use of the proper econometric language. During the course some empirical examples will be provided using standard econometric softwares (such as gretl, R and STATA)
Students will learn the main basic econometrics tools needed to derive and interpret estimation results based on the nature of the data. Students will develop data analysis skills and critical thinking.
Political Economics and Mathematics
Strongly suggested: Statistics
- Economic data and steps in empirical economic analysis
- Recall of statistics and mathematical tools needed in econometrics
- Linear regression models in cross-sectional settings: Multiple regression analysis, Ordinary Least Square estimator (OLS) and properties.
- Interpretation and comparison of regression models
- Specification test and data problems
- Heteroskedasticity, autocorrelation and and Generalized Least Squares estimator (GLS)
- Univariate time series analysis. ARMA process. Stationarity and unit root tests
Verbeek, M., A guide to Modern Econometrics, Fifth Edition. Wiley Custom, 2009
Written exam on the econometrics concepts learned during the course: (i) analytical solution of basic econometric problems (ii) discussion of the estimation results (iii) interpretation of tests and estimates obtained using an econometric software.
Lectures, practical sections and tutorials
English
written
Definitive programme.
Last update of the programme: 21/04/2021