Statistics and Econometrics 1: Econometric Analysis of Cross Section and Panel Data – SS2019

Lecturer: Prof. Dr.Thorsten Schank
ID Number: 3210 (Lecture), 3215 (Tutorial)
Contact Time: 2 SWS lecture and 2 SWS tutorial
Credits: 6 ECTS for Master students
Time/Place:
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Tue, 10:15 – 11:45, 00 413 Container - Übungsraum 1 / PC-Pool 00-265
Wed, 16:15 – 17:45, 00 413 Container - Übungsraum 1 / PC-Pool 00-275

Please note that the course starts with two additional sessions of Stata introductory tutorials held by Dr. Constantin Weiser. Since the tutorials throughout the course are based on Stata, it is essential that students actively take part in these Stata introductory tutorials.

Tuesday, 23rd April: 16:00 - 18:00 in room HS VII
Friday, 26th April: 8:00 - 10:00 in room Übungsraum 1 (00413-Containerbau)

Students are obliged to submit a take-home with Stata questions between the two sessions. To assist you we provide an open consultation on April 24th and on 25th. On both days consultations will take place from 10:00-16:00 in the PC-Pool 00-275. More detailed information will be made available via ILIAS and in the first session.

On May 7th, we start with the regular sessions. The sessions alternate between lectures in the Container - Übungsraum 1 and solving problem-sets in the PC-Pool. The first session takes place in the Container - Übungsraum 1. Students will be informed beforehand when we meet in the PC-Pool.

Language: English
Grade: Written exam

 

Syllabus

This course aims to provide the participants with a profound understanding of econometric methods and tools with a particular focus on applied econometrics. We will follow a two-pillar concept by combining methodological lectures with empirical examples in the computer lab, using the software tool Stata. We will begin by reviewing some basic principles of econometrics and move on to the linear regression methodology, panel data sets and specification issues.

Agenda

Part 1: Principles of Econometrics
Part 2: Linear Regression
Part 3: Panel Data
Part 4: Specification Issues

Literature

Wooldridge (2013), Introductory econometrics.
Stock and Watson (2011), Introduction to econometrics.
Kohler and Kreuter (2012), Data Analysis Using Stata.

Further Readings

Wooldridge (2010), Econometric analysis of cross section and panel data.
Greene (2011), Econometric Analysis.

Download Area

Class material and handouts will be downloadable from the e-learning platform ILIAS.