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2017/18 Taught Postgraduate Module Catalogue

LUBS5108M Applied Econometrics

15 creditsClass Size: 150

Module manager: Kausik Chaudhuri
Email: .

Taught: Semester 2 View Timetable

Year running 2017/18

Pre-requisites

LUBS5134MEconometrics

This module is not approved as an Elective

Module summary

The goal of this module is for you to learn how to integrate statistical tools with research designs that are useful in conducting empirical elements of research in applied economics; as such, there is an emphasis on specification. You will learn how to conceptualize, prepare for, and implement your own empirical projects.

Objectives

Building on the foundation laid by LUBS 5134M, this module aims to equip students with a good range of skills and tools for quantitative analysis. Its focus is on the use of data and econometric analysis to answer real-world questions and examine predictions of economic theory.

Learning outcomes
Upon completion of this module students will be able to critically evaluate:
- the limitations and uses of regression methods in economics
- regression packages and how they are used
- the need for nuanced, deep analysis of quantitative data in analytical settings
- the contrasting logics of different econometric methods

Skills outcomes
Upon completion of this module students will be able to:
Subject specific
- Utilise the fundamental tools of econometric analysis in real-world setting
- Utilise regression packages
- Competently analyse quantitative data, and run appropriate statistical and econometric tests


Syllabus

Indicative content
The module will focus on two concepts. The first is understanding econometric concepts and empirical tools. The second is to understand how to use these tools and concepts to implement empirical tests of economic concepts and theories. There will be some focus as well on policy evaluation methods.

Teaching methods

Delivery typeNumberLength hoursStudent hours
Computer Class52.0010.00
Lecture112.0022.00
Seminar52.0010.00
Private study hours108.00
Total Contact hours42.00
Total hours (100hr per 10 credits)150.00

Private study

2 hours reading per lecture for 22 hours; 1.5 hours per seminar/computer assignment for 15 hours; 25 hours for Project Report; 46 hours for revision for the final examination - total 108 hours

Opportunities for Formative Feedback

Progress will be monitored by students’ contributions made to seminars and computer-based workshops.

Methods of assessment


Coursework
Assessment typeNotes% of formal assessment
Report1500 word research report30.00
Total percentage (Assessment Coursework)30.00

The resit for this module will be 100% by examination


Exams
Exam typeExam duration% of formal assessment
Standard exam (closed essays, MCQs etc)3 hr 00 mins70.00
Total percentage (Assessment Exams)70.00

The resit for this module will be 100% by examination

Reading list

The reading list is available from the Library website

Last updated: 19/12/2017

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