Introductory econometrics (2014/2015)



Course code
4S02453
Credits
6
Coordinator
Diego Lubian
Academic sector
SECS-P/05 - ECONOMETRICS
Language of instruction
Italian
Teaching is organised as follows:
Activity Credits Period Academic staff Timetable
Lezione 4 primo semestre Diego Lubian
Esercitazione 2 primo semestre Diego Lubian

Lesson timetable

primo semestre
Activity Day Time Type Place Note
Lezione Monday 3:40 PM - 5:20 PM lesson Lecture Hall B  
Lezione Tuesday 10:10 AM - 11:50 AM lesson Lecture Hall B  
Lezione Thursday 10:10 AM - 11:50 AM lesson Lecture Hall B  

Learning outcomes

Many economic decisions need quantitative answers to quantitative questions. The course plans to provide the basic econometric tools to reach two mail goals: 1) running, based on the available data, a quantitative analysis of the relation between economic variables and 2) correctly interpreting the results.
Econometric tools may be used in many economic domains (finance, labor economics, macroeconomics, microeconomics, marketing and political economy) as well as in social sciences (political science, sociology, health). The course will also show several applications in economics and management using the freeware software Gretl.

Syllabus

1. Introduction and refresher
1.1 Refresher of probability
1.2 Refresher of statistics

2. Regression analysis
2.1 Simple linear regression model and statistical inference
2.2 Multiple linear regression model and statistical inference
2.3 Non-linear regression
2.4 Diagnostics: outliers, heteroskedasticity, autocorrelation, structural breaks

3. Additional topics
3.1 Regression with a binary dependent variable
3.2 Instrumental variables regression

Assessment methods and criteria

Midterm (59%) and final (50%) exam

Reference books
Activity Author Title Publisher Year ISBN Note
Lezione James H. Stock, Mark W. Watson Introduzione all'econometria (Edizione 4) Pearson Education Italia 2016 978-8-891-90124-8