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Lecture Applied Econometrics

• Inhalt ausklappen Inhalt einklappen Course Information

  Lecturer:
  Bernd Hayo, Professor of Macroeconomics
  Course format:
  2 hours lecture
  2 hours tutorial
  Time and place:
  Please check the information on Marvin.
  Target group:
  Master students

• Inhalt ausklappen Inhalt einklappen Course Description

  The course introduces students to the quantitative analysis of economic data. In particular, it focuses on understanding and applying key empirical research methods. Topics include the principles of empirical research, bivariate and multivariate regression analysis and statistical testing. On successful completion of the course, students should be
  able to:
  – Make informed comments on empirical studies; and
  – Conduct their own empirical analyses.

• Inhalt ausklappen Inhalt einklappen Syllabus

  1. Principles of Empirical Research
  
  2. Basic Econometric Methods
  2.1 Basic statistics
  2.2 Bivariate regression
  2.3 Hypothesis testing
  2.4 Multivariate regression
  2.5 Diagnostic testing
  2.6 Dummy variables
  2.7 Regressions with time-series data
  
  3. Empirical Applications
  3.1 Hedonic price indices: Measuring prices when quality changes
  3.2 Wages and education: An application of dummy variables
  3.3 Learning-curve effects in production

• Inhalt ausklappen Inhalt einklappen Literature

  There is no single required text for the course. Many econometrics textbooks cover the same basic methods. Choice of book is largely a matter of personal preference.
  
  Learning material:
  You will find additional learning material, in particular lecture slides, on the learning platform “Ilias”.