SØK1005 - Econometrics


Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 4 hours C

Course content

The course builds upon the bachelor course in statistics (SØK1004) and provides students with the necessary skills for analyzing and interpreting data, both in the univariate and in the multivariate case. Students will learn to distinguish random variation from systematic variation and causality from correlation. The course will therefore briefly revise core statistical concepts used to describe data, and then emphasize estimation of simple ad multiple linear regression models via ordinary least squares. Particular emphasis will be posed on developing student competence in the use of statistical techniques and in the critical evaluation of simple empirical analysis.

Learning outcome


You learn

  • to define basic concepts underpinning data analysis, such as mean, variance, and hypothesis testing
  • to define and derive the Ordinary least squares estimator (OLS)
  • to present the basic assumptions underlying the OLS estimator
  • to evaluate the credibility of causal claims in simple empirical applications


You should

  • be able to obtain summary statistics, tests and regression estimates
  • be able to interpret summary statistics and basic regression results
  • be able to criticize and evaluate simple empirical applications
  • be able to write simple statistical programs with a statistical and econometric software

General competence

You should

  • describe data and economic relationships based on data
  • distinguish correlation from causation
  • acquire basic programming skills
  • develop a reflective and critical approach to the practice of data analysis in economics

Learning methods and activities

2 hours of lectures every week, and 2 hours of practical assignments every other week. The course has compulsory activity. Specific requirements will be announced at the beginning of the term.

Compulsory assignments

  • Compulsory aktivity

Further on evaluation

4 hours written school exam

Required previous knowledge


Course materials

Announced at the beginning of the term

Credit reductions

Course code Reduction From To
SØK2901 5.0 AUTUMN 2020
MET2010 4.0 AUTUMN 2023
More on the course



Version: 1
Credits:  7.5 SP
Study level: Foundation courses, level I


Term no.: 1
Teaching semester:  SPRING 2024

Language of instruction: English, Norwegian

Location: Trondheim

Subject area(s)
  • Financial Economics
  • Economics
  • Social Sciences
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Department of Economics


Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD School exam 100/100 C 2023-12-18 15:00 INSPERA
Room Building Number of candidates
SL310 blå sone Sluppenvegen 14 12
SL520 Sluppenvegen 14 4
Spring ORD School exam 100/100 C 2024-06-04 09:00 INSPERA
Room Building Number of candidates
SL310 blå sone Sluppenvegen 14 31
SL228 Sluppenvegen 14 6
SL515 Sluppenvegen 14 8
SL310 lilla sone Sluppenvegen 14 80
SL310 turkis sone Sluppenvegen 14 59
SL321 Sluppenvegen 14 1
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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