Quantitative Research Techniques 2

Module description

Summary:

This module builds on Quantitative Research Techniques I and further develops your knowledge and understanding of econometric and methodological research tools and the application of various econometric methods and techniques to real life problems.

Additional Information:

Internationalisation
This methods covered in this module, such as those used to forecast inflation and GDP, are applicable across countries.

Sustainability
All of the resources for this module are available on the ELE (Exeter Learning Environment).

Employability
Students gain an understanding of the statistical techniques used to study topics such unemployment and forecasting inflation and economic growth which are all necessary skill for working in central banks. They also develop their numerical and problem-solving skills in learning these mathematical techniques.

Full module specification

Module title:Quantitative Research Techniques 2
Module code:BEEM112
Module level:M
Academic year:2016/7
Module lecturers:
  • Paulo Dias Costa Parente - Convenor
Module credit:15
ECTS value:

7.5

Pre-requisites:

None

Co-requisites:

BEEM102

Duration of module: Duration (weeks) - term 2:

11

Module aims

This module aims at providing the students with the necessary econometric and methodological research tools to equip them for carrying out empirical research projects as well as understand the contents of other Masters level modules.
The module is dedicated to the application of various econometric methods and techniques to real life problems.

ILO: Module-specific skills

  • 1. apply modern econometric techniques in the analysis of economic data

ILO: Discipline-specific skills

  • 2. formulate hypotheses of interest, derive the necessary tools to test this hypothesis and interpret the results
  • 3. show a specialised knowledge of applied aspects of econometrics that will enable him/her to carry out applied research or direct them towards an academic career

ILO: Personal and key skills

  • 4. have technical expertise in computing software, particularly econometric software, to tackle empirical problems
  • 5. demonstrate confidence in identifying, tackling and solving research problems

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
331170

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Contact hours22Lectures
11Tutorials

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Weekly exercises5-15 questions per week1-5Written or verbal feedback

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
20800

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Assignment20The assignment will be approximately of 5xA4 pages.1-5Written or verbal feedback
Written examination in May/June80Two hours1-5Written or verbal feedback
0
0
0
0

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Exam & AssignmentTwo hours Exam (100%)1-5September

Syllabus plan

Topics:


• Topics in Microeconometrics:
1. Maximum Likelihood Estimation
2. Binary choice Models and Limited Dependent Variables
3. Panel Data Models


• Topics in Time Series
1. Univariate Time Series Models.
2. Multivariate Time Series Models.
3. Unit Roots and Cointegration.

Indicative learning resources - Basic reading

Basic reading:
Indicative basic reading list:
Greene, W. (2008), Econometric Analysis, New Jersey: Prentice Hall, 6th Edition. (main textbook.)
Cameron, C. and P. Trivedi, (2005 ) Microeconometrics: Methods and Applications, Cambridge University Press
Hamilton, J. D. (1994), Time Series Analysis, Princeton University Press.

Module has an active ELE page?

Yes

Origin date

16/07/2014

Last revision date

16/07/2014