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Module Title LM Econometrics with Trade Applications
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 06720
Module Lead Nicholas Horsewood
Level Masters Level
Credits 30
Semester Full Term
Pre-requisites
Co-requisites
Restrictions none
Contact Hours Lecture-0 hours
Seminar-0 hours
Tutorial-0 hours
Project supervision-0 hours
Demonstration-0 hours
Practical Classes and workshops-0 hours
Supervised time in studio/workshop-0 hours
Fieldwork-0 hours
External Visits-0 hours
Work based learning-0 hours
Guided independent study-0 hours
Placement-0 hours
Year Abroad-0 hours
Exclusions none
Description

This module will provide students with an understanding of modern advanced econometric procedures, with emphasis placed on interpreting econometric results and critically evaluating the techniques employed.  In the first semester there will be a technical review of the classical linear model, examining the implications when the key assumptions are violated.  This will be followed by a general survey of the main techniques in the applied literature.  Both computer and econometric classes will support the lectures.

In the second semester, the module will provide an in-depth examination of the applied econometrics literature, focusing on the recent developments.  The lectures will include examples of econometric modeling using non-stationary data and panel estimation.  The second part examines the econometrics underlying the tests of international trade theory and the empirical applications of new economic geography.

Learning Outcomes

By the end of the module the student should be able to:

  • demonstrate a comprehensive knowledge and understanding of traditional econometrics;
  • identify and critically appraise recent developments in advanced econometrics techniques and their application;
  • synthesise econometric studies in the empirical literature and critically analyse the results and approaches adopted.
Assessment 06720-01 : Multiple choice test : Class Test (20%)
06720-02 : Computer exercises : Coursework (20%)
06720-03 : Written exam : Exam (Centrally Timetabled) - Written Unseen (60%)
Assessment Methods & Exceptions 3 hour written examination 60%, computer exercises 25%, 1 hr multiple-choice test 15% Reassessment: 3 hour examination (100%)
Other none
Reading List none