Module Catalogues, Xi'an Jiaotong-Liverpool University   
 
Module Code: ECO214
Module Title: Econometrics II
Module Level: Level 2
Module Credits: 5.00
Academic Year: 2017/18
Semester: SEM2
Originating Department: International Business School
Pre-requisites: N/A
   
Aims
Econometrics II is concerned with the testing of economic theory using real world data. This module is complimentary to Econometrics I, expanding the principles of Ordinary Least Squares regression analysis when dealing with panel data and time series data. The module will provide practical experience via regular laboratory session.
Learning outcomes 
By the end of the module you will be able to:

1. expand the framework of multiple regressions to a panel data setting

2. understand the implications of a fixed effects

3. Formulate, estimate and conduct tests of hypotheses using time series data

4. make use of robust standard errors in different scenarios: heteroskedasticity, clusters and autocorrelation

5. identify the occurrence of structural breaks.

6. Identify the presence of unit roots testing appropriately

7. to have a basic understanding of advanced topics in Econometrics that will be covered further in module BU32225 (advanced Econometrics).

8. to conduct regression analysis and present the results to other people well trained in econometrics.


Method of teaching and learning 
We follow the same approach than Econometrics 1. The module will be taught using a combination of lectures, computer lab and directed study. The lectures provide an introduction to the topics covered in the syllabus. This will be built upon by practical experience in laboratory sessions and structured exercises. Learning will be reinforced by appropriate readings from the module text
Syllabus 
1. Review of multiple regressions


2. Panel data I


3. Panel data II


4. Introduction to time series and forecasting


5. Nonstationarity I: unit roots


6. Nonstationarity II: structural breaks


7. Dynamic causal effect in time series


8. Bivariate VAR and cointegration


Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26     12      112  150 

Assessment

Sequence Method % of Final Mark
1 Midterm Exam 15.00
2 Group Presentation 15.00
3 Final Exam 70.00

Module Catalogue generated from SITS CUT-OFF: 10/22/2017 10:49:04 AM