Uusi opinto-opas (sisältäen myös opetusohjelmat) lukuvuodelle 2018-2019 sijaitsee osoitteessa https://opas.peppi.utu.fi . Tältä sivustolta löytyvät enää vanhat opinto-oppaat ja opetusohjelmat.

The new study guide (incl. teaching schedules) for academic year 2018-2019 can be found at https://studyguide.utu.fi. This site contains only previous years' guides.

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Archived Curricula Guide 2014–2016
Curricula Guide is archieved. Please refer to current Curricula Guides
KT043022 KTS24 Advanced Econometrics 10 ECTS
Organised by
Economics
Person in charge
Nadine Chlass
Planned organizing times
Period(s) I II III IV
2014–2015 X
2015–2016 X
Preceding studies
Compulsory: TK082019 TKM7/LRS22/KT35 Introduction to Economics or equivalent knowledge

Learning outcomes

The aim of this course is to deepen students understanding of modern econometrics and to teach how selected econometric techniques are applied in empirical economic research. The course wishes to provide the student with necessary knowledge for understanding applied econometric papers and for conducting empirical econometric analysis independently.

Contents

The regression framework and the underlying statistical theory are introduced at a fairly general level. The basic asymptotic (large sample) theory and its application to ordinary least squares estimation are treated under the random sampling assumption, common in empirical analyses of cross-sectional data. Problems related to multicollinearity, heteroscedasticity, omitted variable bias and simultaneity are covered. Instrumental variable estimation and related techniques are studied carefully. Other topics include panel regressions, binary response regressions and some time series models. Theoretical problem sets and empirical demonstrations with econometric software are an important part of the course.

Teaching methods

Teaching method Contact Online
Lectures 30 h 0 h
Exercises 14 h 0 h

Lectures 30 h (Nadine Chlass), Exercises 14 h (Kim Ristolainen)

Modes of study

Option 1
Available for:
  • Degree Programme Students
  • Other Students
  • Doctoral Students
  • Exchange Students
Written exam
  • In English
Participation in classroom work
  • In English
Exercise(s)
  • In English

Evaluation

Numeric 0-5.

Recommended year of study

4. year spring
5. year spring

Belongs to following study modules

Department of Economics
Department of Economics
Department of Economics
Department of Economics
Department of Economics
Department of Economics
Department of Economics
Department of Economics
Department of Economics
Department of Economics

Incoming examinations

Mar 13, 2020
May 6, 2020

Open enrolments

Dec 2, 2019 - Dec 15, 2019
2015–2016
Teaching
Archived Teaching Schedule. Please refer to current Teaching Shedule.
Implementation details are unavailable.
Department of Economics
Economics
Economics
Finnish Study Modules