Statistics, Econometrics, Second Cycle, 7.5 credits

Learning outcomes

Knowledge and understanding

After completed studies, the student shall have

• advanced knowledge of basic concepts in regression analysis
• advanced knowledge of econometric theory and the basic tools needed to carry out empirical studies and analysis.

Competence and skills

After completed studies, the student shall be able to

• critically evaluate different regression models and to choose an appropriate modelling approach
• communicate modelling issues and results
• identify and analyse real world problems using econometrics tools.

Judgement and approach

After completing the course the student shall have the ability to

• integrate and make autonomous use of their knowledge in econometrics
• independently seek new knowledge and judge its relevance for problems in econometrics.

Content

• Multiple linear regression, multicollinearity, model selection.
• Ridge regression, Lasso regression, cross-validation.
• Prediction, estimation with linear restrictions, test for linear restrictions.
• Robust standard errors: Heteroskedasticity, autocorrelation, diagnostic tools and estimation.
• Endogeneity/IV-estimation
• Generalized linear model, probit and logit models
• Regression with panel data.
• Non-linear regression models
• Non-parametric regression.

Examinations and grades

Written Examination, 5 credits (Code: A001)
Grades used are Fail (F), Sufficient (E), Satisfactory (D), Good (C), Very Good (B) or Excellent (A).

Project, 2.5 credits (Code: A002)
Grades used are Fail (U) or Pass (G).

According to the Higher Education Ordinance, Chapter 6, Section 18, a grade is to be awarded on the completion of a course, unless otherwise prescribed by the university. The university may determine which grading system is to be used. The grade must be determined by a teacher specifically nominated by the university (the examiner).

In accordance with university regulations on grading systems for first and second-cycle courses and study programmes (Vice-Chancellor’s decision ORU 2018/00929), one of the following grades is to be used: fail (U), pass (G) or pass with distinction (VG). For courses included in an international master’s programme (60 or 120 credits) or offered to the university’s incoming exchange students, the A to F grading scale is to be used. The vice-chancellor, or a person appointed by them, may decide on exceptions from this provision for a specific course, if there are special grounds for doing so.

The grades used on this course are Fail (F), Sufficient (E), Satisfactory (D), Good (C), Very Good (B) or Excellent (A).

Comments on grades

To obtain a passing grade for the course as a whole, a passing grade is required on all course components. The final grade for the entire course is a function of the grades of the course components. Detailed information on the requirements for different grade levels is given at the course start.

Modes of assessment

Written Examination, 5 credits (Code: A001)

Project, 2.5 credits (Code: A002)
Oral and written presentation

For students with a documented disability, the university may approve applications for adapted or other modes of assessment.

For further information, see the university's local examination regulations.

Specific entry requirements

First-cycle courses of 90 credits in Statistics, alternatively first-cycle courses of 30 credits in statistics and 60 credits in mathematics, alternatively first-cycle courses of 60 credits in statistics including 7.5 credits of Statistical theory and 7.5 credits of Regression analysis/Econometrics. The applicant must also have the course Statistics, Probability Theory, Second Cycle, 5 credits and qualifications corresponding to the course "English 6" or "English B" from the Swedish Upper Secondary School.

For further information, see the university's admission regulations.

Other provisions

Students who have been admitted to and registered on a course have the right to receive tuition and/or supervision for the duration of the time period specified for the particular course to which they were accepted (see, the university's admission regulations (in Swedish)). After that, the right to receive tuition and/or supervision expires.

Reading list and other learning resources

William H. Greene (latest edition)
Econometric Analysis
Pearson.

As well as supplementary material that will be provided during the course.