Applied Econometrics

Learning Outcomes

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• successfully collaborate with others in a team on data analysis problems.
• use quantitative reasoning and analyse and interpret data, using output from standard statistical software.
• communicate the results and conclusions of data analyis thorugh an executive summary.

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• analyse and interpret economic data in an informative manner using econometric methods.
• apply statistical techniques to empirical data for statistical inference on the effects of economic policies and testing economic models.
• abstract the essential features of economic systems into a statistical model
• identify violations of the assumptions of classical linear regression and propose adequate solutions.

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• statistical tests for the empirical evaluation of economic policy.
• statistical tools for economic analysis that account for violations of classical linear regression assumptions.

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.