Academic Year/course:
2017/18
525 - Master's in Economics
61340 - Econometrics: a Case Study
Syllabus Information
Academic Year:
2017/18
Subject:
61340 - Econometrics: a Case Study
Faculty / School:
109 - Facultad de Economía y Empresa
Degree:
525 - Master's in Economics
ECTS:
3.0
Year:
1
Semester:
Second semester
Subject Type:
Optional
Module:
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5.1. Methodological overview
The methodology followed in this course is oriented towards achievement of the learning objectives. A wide range of teaching and learning tasks are implemented, such as lectures, student participation, practical activities and autonoomus work (preparation of classes, readings, problems). The practical part prevails over the theoretical one.
Computing resources will be used, especially GRETL, STATA and GAUSS.
5.2. Learning tasks
The course includes the following learning tasks:
- Lectures (20 hours): compulsory attendace
- Autonomous work (45 hours): preparation of coursework and assignments, and study
- Presentation and defense of assignments (10 hours): compulsory attendance
5.3. Syllabus
The course will address the following topics:
Topic 1. Introduction
Topic 2. Prices, inflation and Exchange rates
Topic 3. Labour market: structuralist models vs hysteresis
Topic 4. Economic cycles
Topic 5. Stochastic convergence
Topic 6. Public Sector models
5.4. Course planning and calendar
Provisional calendar of dates:
|
Topic
|
Dates
|
|
Prices, inflation and Exchange rates
- Persistence
- Fractional Integration
- Threshold models
- STAR models
|
2nd week February
|
|
Labour market: structuralist models vs hysteresis
- Structural change
- Bai-Perron methodology
|
4th week February
|
|
Economic cycles
- Markov-Switching models
- Cycle concordance
- Cycle dating
|
2nd week March
|
|
Stochastic convergence
- Unit root tests
- Stationarity tests
- Deterministic trends
|
4th week March
|
|
Public Sector models
- Cointegration
- Error correction mechanism
- Johansen methodology
|
2nd week April
|
|
Presentation and discussion of assignments
|
May
|