INTRODUCTION TO ECONOMETRICS

Anno accademico
2016/2017 Programmi anni precedenti
Titolo corso in inglese
INTRODUCTION TO ECONOMETRICS
Codice insegnamento
ET2013 (AF:198766 AR:122300)
Modalità
In presenza
Crediti formativi universitari
6
Livello laurea
Laurea
Settore scientifico disciplinare
SECS-P/05
Periodo
1° Periodo
Anno corso
3
The course provides an elementary but comprehensive introduction to the
practice of econometrics, useful to correctly interpret estimates and tests in dynamic equations. The students will approach model specification strategies through simulations of economic and financial time series. By the end of the course students will be able to understand and manage univariate linear models estimated by standard econometric software (like Excel, EViews and Gretl). Students will develop data analysis competencies and critical thinking.
Compulsory:Microeconomics
Strongly suggested: Mathematics, Statistics, Macroeconomics
The problems faced by the econometrician. Types of data.
Recall of some concepts from sample estimation and testing theory. Recall of linear algebra.
Linear regression model and ordinary least squares. Goodness of fit and test of significance.
Univariate time series models. ARMA processes. Stationarity and unit roots tests.
Selecting regressors. Specification tests.
Heteroskedasticity and Autocorrelation. Generalised least squares.
Static and dynamic forecasts.
Carrying out an Empirical Project
Wooldridge, J.M., Introductory Econometrics: A Modern Approach, Fourth Edition,
South-Western College Publishing, 2009

Other references
Vogelvang B., Econometrics - Theory and Applications with EViews, FT Prentice Hall, 2005
scritto e orale
Assessment

Written discussion of the estimation results of an univariate linear model and solutions of elementary econometric problems.

* The exam is open book.

* During the exam only the material that is used during the classes (textbook, slides) can be consulted. It is not allowed to make notes on the material that can be consulted during the exam. Solutions of exercises can not be consulted during the exam. Additional notes made by the students are not allowed.

* The open book exam consists of a series of theoretical and/or numerical exercises.

* The student is allowed to use a simple non-graphical calculator. No cellular phones are allowed.

* The level of the exam questions is in correspondence with the exercises that were made or indicate in class.


Part of the final note could also depend on a practical exercise and homeworks.

Lectures and practice sessions.
Inglese
Assessment

Written discussion of the estimation results of an univariate linear model and solutions of elementary econometric problems.

* The exam is open book.

* During the exam only the material that is used during the classes (textbook, slides) can be consulted. It is not allowed to make notes on the material that can be consulted during the exam. Solutions of exercises can not be consulted during the exam. Additional notes made by the students are not allowed.

* The open book exam consists of a series of theoretical and/or numerical exercises.

* The student is allowed to use a simple non-graphical calculator. No cellular phones are allowed.

* The level of the exam questions is in correspondence with the exercises that were made or indicate in class.


Part of the final note could also depend on a practical exercise and homeworks.
  • Insegnamento sostenibile
  • CFU sostenibili: 1
  • Dispense e materiali di approfondimento e di autovalutazione disponibili online; testi di riferimento in formato e-book
  • Utilizzo strumenti open-source