| Unit name | Econometrics 2 for Economics and Finance |
|---|---|
| Unit code | ECON20006 |
| Credit points | 20 |
| Level of study | I/5 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Mr. Monardo |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
ECON20004 Econometrics 1 |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
Why is this unit important?
Economics, as a social science, relies on analysis of observed data to test and improve theoretical models, with econometrics providing the tool to build causal relationships between economic variables. In this unit, you will build upon the material covered in Econometrics 1, with a shift in focus towards applying econometrics to problems in economics.
In the unit, you will further develop the following topics:
Topic 1: Regression analysis with cross-sectional data (Revision)
Topic 2: Regression analysis with time series data
Topic 3: Heteroskedasticity with cross-sectional and time series data
Topic 4: Limited dependent variable models
Topic 5: Regression analysis with panel data
How does this unit fit into your programme of study?
This unit builds upon the methods introduced in Econometrics 1, and adds to your understanding of modern econometrics. The techniques developed within this unit will be essential for students completing applied projects in the Applied Economics Dissertation, and an understanding of the methods used will be important to engage with empirical literature in applied, final-year units.
At the end of the unit students will:
Teaching will be delivered through a combination of large and small group classes, supported by online resources
Tasks which count towards your unit mark
Each assessment assesses all learning outcomes
When assessment does not go to plan
Reassessment will be via a single 2 hour examination.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ECON20006).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
