Course Code: C05

Course Title: Applied econometrics

College: SOAS CEDEP

Course Director: Andrew Dorward

Course Description: This course is about econometric methods and how they are applied to estimate and test the unknown parameters of economic relationships. Priority is given to both the statistical reasoning underlying the methodology and the practical considerations involved in using this methodology with a variety of models and real data.

There is a limit to the material that can be covered.    In an econometrics course it is difficult to trade-off breadth and depth since, without good groundwork and sufficient information at each stage, ideas may be misunderstood and techniques misapplied. This course follows the standard structure of most econometrics textbooks. It deals only with single-equation models, but by the end of the course you will be ready to tackle simultaneous equation models, which would be the next step in increasing proficiency in applied econometrics.

You should be able to

• understand the basic principles of regression analysis and statistical inference in the context of a single-equation regression model

• formulate a single-equation regression model and estimate its parameters

• carry out a variety of tests relating to the structural and stochastic specification of your model

• test hypotheses about economic behaviour in the context of your model and interpret the results of these tests

• specify and interpret models using dummy variables and different types of dynamic specification

• incorporate linear restrictions into your regression model and test these restrictions

• test for heteroscedasticity and autocorrelation of the disturbances of a regression model, and take appropriate action when these conditions are found to be present

Assessment: Exam 100%

Course Credit: All SOAS CeDEP short course students receive a certificate of completion. Students of SOAS CeDEP Short Courses who may wish to transfer credit to Certificate, Diploma or Masters-level programmes are advised to select short courses which also act as Core Modules on CeDEP's various programmes.

Course Study Hours/Duration: 240 hrs over 35 weeks

Schedule of Availability: Feb - Oct (Enrolment deadline prior to Feb start - 30th November)

Delivery Mechanisms: Print; CD-Rom; Online Discussion

Cost: £960

How to apply: To enquire about applying for this course, or for any other information, please contact the Course Administrator using the online Enquiry Form below