Course
descriptions for the winter semester 2016/2017
040131
Introductory Econometrics
UK
(4 hours per week, 8 ECTS)
Language of instruction: English
Time and location:
Monday, 16:45-18:15,
Hörsaal 6, Oskar Morgenstern Platz
Wednesday, 18:30-20:00, Hörsaal 6, Oskar Morgenstern Platz
(no teaching in week 48)
Starts: October 3, 2016
Course description: The course provides an introduction to the most common
statistical methods that are used in empirical economics. This includes linear
regression (ordinary least squares, generalized least squares, instrumental
variables) and the corresponding hypothesis tests (restriction tests as well as
diagnostic tests). The basic literature used for the course is Jeffrey M. Wooldridge: Introductory
Econometrics (South-Western, 4th edition). The methods are highlighted in empirical
applications using Stata.
Plan of the course:
Assessment is based on three written tests (for
information on dates, please see the specific course information). No alternative
dates for these tests can be provided. The tests carry increasing weights of 25
%, 35 %, 45 % in the final grade (which includes a 5 %
bonus). A positive grade requires at least 50 % of the maximum achievable score
of 100 and attendance at the first written test. Dropping the course without a
grade is not possible after the first written test.
040054 Forecasting
UK (2 hours per week, 4 ECTS)
Language of instruction: English
Philip H. Franses, Dick van
Dijk, and Anne Opschoor: Time Series Models for
Business and Economic Forecasting. Cambridge.
390055 Econometrics of Seasonality (PhD-E)
UK, 2 hours per week (4 ECTS)
Language of instruction: English
Time and location:
Monday, 11:30-13:00,
Seminarraum 3, Oskar Morgenstern Platz
Starts: October 5, 2015
Description of course contents:
1.
Introduction to seasonal processes (basic
concepts of diverse models of seasonality)
2.
Deterministic
seasonality (seasonal dummies, tests with dummy seasonality as the null
hypothesis, e.g. the Canova-Hansen test)
3.
Seasonal
unit-root processes (seasonal random walk, tests with complex unit roots as
their null, e.g. the HEGY test)
4. Periodic models
5. Seasonal adjustment
040216
Macroeconomics (MA, International Business Economics)
VO (Lectures, 2 hours per week, 4 ECTS)
Language of instruction: English
This
lecture course aims at repeating the material on macroeconomics that
participants know from their bachelor studies and to deepen this knowledge. The
textbook “Macroeconomics: Institutions,
Instability, and the Financial System” (Wendy Carlin & David Soskice;
Oxford University Press) serves as the main literature for this course.
Topics to be covered will be:
1. Demand side, supply side, and macroeconomic policy;
2. Money, banking and the macro-economy;
3. The financial sector and crises;
4. The open economy