Syllabus

Title
5791 Ökonometrie I
Instructors
Dr. Paul Hofmarcher
Contact details
Type
PI
Weekly hours
2
Language of instruction
Deutsch
Registration
02/13/15 to 03/02/15
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Thursday 03/05/15 03:00 PM - 05:00 PM TC.5.13
Thursday 03/12/15 03:00 PM - 05:00 PM TC.5.13
Thursday 03/19/15 03:00 PM - 05:00 PM TC.5.13
Thursday 03/26/15 03:00 PM - 05:00 PM TC.5.13
Thursday 04/16/15 03:00 PM - 05:00 PM TC.5.13
Thursday 04/23/15 03:00 PM - 05:00 PM TC.5.13
Thursday 04/30/15 03:00 PM - 05:00 PM TC.5.13
Thursday 05/07/15 03:00 PM - 05:00 PM TC.5.13
Thursday 05/21/15 03:00 PM - 05:00 PM TC.5.13
Thursday 05/28/15 03:00 PM - 05:00 PM TC.5.13
Thursday 06/11/15 03:00 PM - 05:00 PM TC.5.13
Thursday 06/18/15 03:00 PM - 05:00 PM TC.5.13
Thursday 06/25/15 03:00 PM - 05:00 PM TC.5.13
Contents

Unit     Topics
1    Chap. 1, Intro
2    Chap. 2, Simple regression model
3    Chap. 3, Multiple regression: estimation
4    Chap. 3, Multiple Regression: estimation
5    Chap. 4, Multiple Regression: inference
6    EXAM 1
7    Chap. 5, OLS asymptotics
8    LAB Session
9    Chap. 6, Functional forms
10    Chap. 7, Binary variables
11    Chap. 8, Heteroskedasticity
12    EXAM 2

Introduction to R in class and in a lab session

IMPORTANT:

The Center for Students of Economics (VW-Zentrum) organizes an R and Stata tutorial, lead by Manuel Bachmann and Stefan Jestl. Participation in one of the two tutorials is highly recommended. Please note, that both sessions cover the same topics - an introduction to R as well as Stata, so you can choose between

  • March 24, 15:00-19:00 in TC.-1.61 (PC room)
  • March 25, 16:00-20:00 in TC.-1.61 (PC room)
Learning outcomes

This course provides an introduction to the analysis of economic data using econometric methods that are based on the multiple regression model. After having taken the course, students should be able to ...

  • understand and critically reflect empirical studies that apply these methods
  • apply the theoretical knowledge acquired in the course to practical problems
  • carry out econometric work by themselves
Teaching/learning method(s)

Weekly course with lectures, exercises and practical examples using R

Assessment

GRADING

1) 40% exercises and participation
2) 30% Exam I
3) 30% Exam II

(minimum of 40% necessary in both Exams)

>87.5% 1
>75.0% 2
>62.5% 3
>50.0% 4

Readings
1 Author: Wooldridge, Jeffrey M.
Title: Introduction to Econometrics. Europe, Middle East and Africa Edition

Publisher: Cengage Learning
Edition: Europe, Middle East and Africa Edition
Remarks: Als Alternative kann auch die 4. oder 5. Auflage von „Introductory Econometrics. A Modern Approach“ des selben Autors verwendet werde. Da der Preis der 5. Auflage dieser Version allerdings deutlich ueber dem der „EMEA-Edition“ (Europe, Middle East and Africa Edition; ISBN10: 1-4080-9375-8) liegt, haben wir uns entschieden mit der EMEA-Edition zu arbeiten. Inhaltlich unterscheiden sich die Versionen allerdings kaum voneinander, und alle drei Editionen koennen fuer den Kurs verwendet werden.
Year: 2014
Content relevant for class examination: Yes
Recommendation: Essential reading for all students
Type: Book
Recommended previous knowledge and skills
Basic knowledge in statistics and mathematics
Availability of lecturer(s)
paul.hofmarcher@wu.ac.at

office hours upon appointment

Last edited: 2015-03-05



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