The aim of the course (KS) Intermediate Econometrics is to provide students with an understanding of simple econometric models and to equip students with the ability to undertake, understand and critically assess empirical work. The focus of the course is on econometric theory; the focus of the accompanying intensifying course (IK) Intermediate Econometrics is on applications. Attending the intensifying course in the same semester as the course is highly recommended. Topics include multiple linear regression, model specification, binary variables, sources and consequences of endogeneity, identification, basic regression with time series and panel data.

English

Students should have basic knowledge in statistics and econometrics (see, for example, Appendix A-C and Chapters 1-3 in Wooldridge (2013)). The main target group are students of the Bachelor program Economics & Business. Students of other areas of specialization, or enrolled in other degree programs who are interested in empirical methods are most welcome.

Wooldridge, Jeffrey M. (2013). Introductory Econometrics: A Modern Approach. 5th edition (or 4th edition, 2008), South-Western Cengage Learning.

Further literature will be announced in the the lectures.

See KUSSS, opens an external URL in a new window for the schedule of the KS/IK.

All material is provided via JKU Moodle, opens an external URL in a new window.