040131 Introductory Econometrics
UK (4 hours per week, 8 ECTS)
Language of instruction: English
Time and location:
Tuesday,
18:30-20:00, Hörsaal 14, Oskar
Morgenstern Platz
Wednesday,
18:30-20:00, Hörsaal 4, Oskar
Morgenstern Platz
Starts: October 8, 2019
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) in static and dynamic
equations 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. Dates will be convened in class: first test
should be in early November, third test in late January. No alternative
dates for these tests can be provided. Tests carry weights of 25 %,
35 %, and 40 % in the final grade. An additional 10 % of the
final grade can be obtained from occasional homework assignments that can be
done in groups of up to three students. A positive grade requires at least
50 % of the score of 100 and attendance at the first written test.
Dropping the course without a grade is only possible before the first written
test.
VO (2 hours per week, 4 ECTS)
Language of instruction: English
Time and location:
Monday, 16:45-18:15, Hörsaal 14, Oskar Morgenstern Platz
[Note that units on October 7 and October 14 were at
different time and location:
18:30-20:00, Hörsaal 1]
Starts: October 7, 2019
Course description: The course covers topics in the realm of
macroeconomics that will help students understand and analyze the macroeconomic
performance of countries both in the long run and at business-cycle
frequencies.
This lecture course reviews material on macroeconomics
that participants know from their bachelor studies and aims at deepening 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 are:
1. The demand side of the economy