Currículo

Econometrics EC-E

Contextos

Groupo: Economics > 1º Ciclo > Unidades Curriculares Obrigatórias

ECTS

6.0 (para cálculo da média)

Objectivos

Upon successful completion of this course students will be able to: - To understand the basic assumptions and concepts of the Multiple Linear Regression Model for cross-section data; - To understand the mechanics of OLS estimator; - To specify and test hypotheses on the context of the Linear Regression Model; - To test the validity of the fundamental assumptions of OLS and deal with their violations. - To understand the basic assumptions and concepts of the Multiple Linear Regression Model for Time Series; - To specify and estimate models for time series that capture specific features of the data like trends and seasonality. - To use econometric software (such as Stata). - To conduct correctly an empirical basic studies with real economic data. - To critically assess existent studies.

Programa

Part I Regression Analysis with Cross Section - The linear regression model for cross-section data - Statistical inference - Heteroscedasticity - Qualitative information: dummy variables - Topics on functional form Part II Regression Analysis with Time Series 3. Basic regression analysis 4. Further issues with OLS 5. Serial correlation and heteroskedasticity

Método de Avaliação

Each week there are 2 lecture of 1.5 hours each and 1 tutorial of 2 hours. Assessment is based on an on-site exam, which accounts for 100% of the grade. A minimum final mark of 9.5 is required to pass the module of Econometrics. Time allowed for the exam: 2 hours. The lecturer will provide formulae sheets before the exam, students are not allowed to write their own formulae sheets. Students are responsible for printing the statistical tables available in the website of the module and for taking them to the examination. Students are not permitted to write any notes in the statistical tables.

Carga Horária

Carga Horária de Contacto -

Trabalho Autónomo - 95.0

Carga Total -

Bibliografia

Principal

Introductory Econometrics: a Modern Approach,: Wooldridge, J. M. 2013 5th. ed., South-Western (Cengage Learning).

Secundária

A guide to modern econometrics: Verbeek, M. 2017 John Wiley & Sons
Introduction to Econometrics: Stock, J. H. e Watson, M. W. 2011 Pearson, Addison Wesley.