Syllabus

Title
5355 Ökonometrie I
Instructors
Dr. Paul Hofmarcher
Contact details
Type
PI
Weekly hours
2
Language of instruction
Deutsch
Registration
02/16/17 to 02/27/17
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Thursday 04/06/17 03:00 PM - 09:00 PM TC.3.01
Friday 04/07/17 12:00 PM - 06:00 PM TC.3.21
Monday 04/24/17 03:00 PM - 05:00 PM LC.-1.038
Tuesday 04/25/17 03:00 PM - 05:00 PM LC.-1.038
Thursday 04/27/17 03:00 PM - 05:00 PM TC.3.01
Thursday 05/04/17 03:00 PM - 05:00 PM EA.6.032
Thursday 05/11/17 03:00 PM - 05:00 PM EA.6.032
Thursday 05/18/17 03:00 PM - 05:00 PM TC.3.01
Thursday 06/01/17 03:00 PM - 05:00 PM TC.3.01
Monday 06/26/17 03:00 PM - 05:00 PM TC.-1.61
Wednesday 06/28/17 10:00 AM - 12:00 PM TC.-1.61
Thursday 06/29/17 03:00 PM - 05:00 PM TC.3.01
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: Philipp Steinbrunner the organizes an R and Stata tutorial. 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

  • April 24, 15:00-17:00 in LC.-1.038(PC room)
  • April 25, 15:00-27:00 in LC.-1.038(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: 2017-03-09



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