Course Details in 2024/25 Session

Module Title	LM Applied Econometrics and Policy Analysis
School	Birmingham Business School
Department	Economics
Module Code	07 40054
Module Lead	Toby Kendall
Level	Masters Level
Credits	20
Semester	Semester 1
Pre-requisites
Co-requisites
Restrictions	None
Exclusions
Description	This module takes an applied approach to econometric analysis, and how data is used to inform policy analysis. The approach is grounded in an understanding of relevant econometric theory, deepening and broadening students' knowledge and understanding of econometric techniques needed for empirical analysis of a range of micro- and macroeconomic data. There is a practical focus on handling and analysing data, and interpreting econometric results, across a range of applications. The module goes on to analyse how both theory and data are used to inform and evaluate economic policy, in a range of public-sector settings. There is a focus on how to communicate both empirical and policy analysis, and consideration given to issues relating to sustainability and social responsibility in policy formulation.
Learning Outcomes	By the end of the module students should be able to: Apply economic and econometric analysis to a range of policy questions Critically evaluate different approaches and research methodologies applied to economic decision-making and policy, including an understanding of issues related to sustainability and social responsibility Demonstrate a high level of competence in data-handling, hypothesis testing and interpreting econometric output Display written and oral communication skills that communicate understanding of empirical and policy analysis in Economics
Assessment
Assessment Methods & Exceptions	Assessment: 7-minute group presentation (30%) 2000-word individual computer project and report (70%) Reassessment: Resubmission of failed component(s): 1000-word individual reflection on group presentation task (30%) 2000-word individual computer project and report (70%)
Other
Reading List