TYPE OF COURSE: Compulsory for Specialization “International economics and finance"
NUMBER OF CREDITS: 6 ECTS credits
EXPECTED LEARNING OUTCOMES
The course aims at familiarizing the students with the application of econometric theory to real economic problems with the use of computers and specialized software. Key elements of econometric theory for each stage of econometric research are also presented. The course aims at training the students to enable them doing their own empirical research as well as for understanding better other existing research.
Review of econometric theory with applications using econometric software.
Regression analysis and applications by stage of econometric research. Emphasis on issues frequently presented in econometric research.
Statistical inference using the three main types of statistical tests (likelihood ratio, Wald, Lagrange multiplier) and the special cases of t and F tests.
Special models with applications: systems of equations, probit/logit, dynamic models, time series models, panel data.
Econometric applications on: demand, production, family budgets, small macro models, terms of trade evolution, growth and inequality, sales and advertising, etc using data mainly from the Greek economy.
- Introductory Econometrics. A Modern Approach. J.M. Wooldridge
- Econometrics. Elias Tzavalis
- Applied Econometrics. E. Tsionas
TEACHING METHODS: Lectures and tutorials at the Computing Lab
ASSESSMENT METHODS: Written exams
LANGUAGE OF INSTRUCTION: Greek – English terminology