Universität Wien

040121 UK Applied Econometrics 1 (2024S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 120 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

o These four hours contain a two hour “lecture block” and a two hour “exercise block”.
o On Tuesday 5 and 12, there will be lecture blocks only (2 times from 1.15 to 4.30pm)
- (voluntary) tutorial, 1 hour per week

Lecture blocks: every Tuesday from 1.15 to 2.45pm, HS 1, and in the first two weeks in addition from 3.00 to 4.30pm. This part is taught by Leopold Sögner.

Exercise blocks: Either on Tuesday from 3.00 to 4.30pm (taught by Leopold Sögner) or on Thursday 1.15 to 2.45pm, HS 14 (taught by Philipp Gersing). You are free to choose one of these slots. Students volunteer to solve exercise (3 points per exercise). The corresponding problem sets will be on Moodle at least one week before they become due; a solved version will be provided after the corresponding exercise block.

  • Tuesday 05.03. 13:15 - 16:30 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 07.03. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 14.03. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 19.03. 13:15 - 16:30 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 21.03. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 09.04. 13:15 - 16:30 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 11.04. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 16.04. 13:15 - 16:30 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 18.04. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 23.04. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 23.04. 15:00 - 16:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 25.04. 13:15 - 14:45 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 30.04. 13:15 - 16:30 Hörsaal 1 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Thursday 02.05. 13:15 - 14:45 Hörsaal 4 Oskar-Morgenstern-Platz 1 Erdgeschoß

Information

Aims, contents and method of the course

The aim of the course is to provide students a thorough understanding of theoretical foundations and proper applications of basic econometric techniques of least squares estimation and related topics.

Examples and applications will be illustrated using the open-source software R.

In an accompanying tutorial, students will deepen the material based on exercises and applications using R. The tutorial will be offered by Yavor Iliev.

Assessment and permitted materials

Assessment
The assessment consists of the following parts:

(i) Three Exams, a 45 min:
Part I, April 9, 2024, (HS 1, 13:15-14:00), on the correspond. topics covered in the course.
Part II, May 2, 2024 (HS 4 13:15-14:00); on the corresponding topics covered in the course.
Part III, May 2, 2024 (HS 4, 14:00-14:45); on R.

Questions can consist of multiple-choice questions, analytical derivations and interpretations of empirical results.

For the Exam the Moodle system will be used. Hence, it is necessary to have your laptops with you!

ii) Take-home assignments. Students have to solve and have to hand in written assignments. They can consist of multiple-choice questions, analytical derivations, and interpretations of empirical results. Solved exercises have to be uploaded to the Moodle system before the start of the exercise part on Tuesday, no matter whether you choose to attend the exercise part Tuesday or on Thursday.

Necessary material for (i-iii): you need a laptop, for all exams moodle will be used.

Grading:
For the final grade the individual assignments count as follows:
i) Three exams: 75%, 25% each
ii) Assignments: 25%
iii) Extra points for class room participation in the “exercise block”, 3% per participation.

Important: Aside from the three assignments, there will be no additional examination possibilities afterwards.

To pass the course, a minimum level of 50% has to be reached.

Rating:
[86%; 100%]: 1.0
[74%; 86%): 2.0
[62%;74%): 3.0
[50%; 62%): 4.0
[0; 50%): 5.0

Examination language: Students can do the examinations in English.

Minimum requirements and assessment criteria

Assessment
The assessment consists of the following parts:

Part I, April 9, 2024, (HS 1, 13:15-14:00), on the correspond. topics covered in the course.
Part II, May 2, 2024 (HS 4 13:15-14:00); on the corresponding topics covered in the course.
Part III, May 2, 2024 (HS 4, 14:00-14:45); on R.

Questions can consist of multiple-choice questions, analytical derivations and interpretations of empirical results.

For the Exam the Moodle system will be used. Hence, it is necessary to have your laptops with you!

ii) Take-home assignments. Students have to solve and have to hand in written assignments. They can consist of multiple-choice questions, analytical derivations, and interpretations of empirical results. Solved exercises have to be uploaded to the Moodle system before the start of the exercise part on Tuesday, no matter whether you choose to attend the exercise part Tuesday or on Thursday.

Necessary material for (i-iii): you need a laptop, for all exams moodle will be used.

Grading:
For the final grade the individual assignments count as follows:
i) Three exams: 75%, 25% each
ii) Assignments: 25%
iii) Extra points for class room participation in the “exercise block”, 3% per participation.

Important: Aside from the three assignments, there will be no additional examination possibilities afterwards.

To pass the course, a minimum level of 50% has to be reached.

Rating:
[86%; 100%]: 1.0
[74%; 86%): 2.0
[62%;74%): 3.0
[50%; 62%): 4.0
[0; 50%): 5.0

Examination language: Students can do the examinations in English.

Examination topics

The linear regression model
Applications of the linear model and using R

Reading list

Dougherty, C., “Introduction to Econometrics”, 3rd ed., Oxford University Press, 2007.
Franses, P. H., van Dijk, D., and Opschoor, A., “Time Series Models for Business and Economic Forecasting”, 2nd ed., Cambridge University Press, 2014.
Heij, De Boer, Franses, Kloek, and Van Dijk, ''Econometric Methods with Applications in Business and Economics'', Oxford University Press, 2004.
Stock, J.H., Watson, M.W., ''Introduction to Econometrics'', 3rd edition, Pearson, 2012.
Studenmund, A. H. “Using Econometrics”, 6th ed., Pearson, 2011

Online Literatur basierend auf R:

Association in the course directory

Last modified: We 31.07.2024 11:25