course-details-portlet

SØK1005 - Econometrics

About

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

Knowledge

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

Skills

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. The term papers can be written as a joint project.

Compulsory assignments

  • Compulsory aktivity

Further on evaluation

4 hours written school exam

Specific conditions

Compulsory activities from previous semester may be approved by the department.

Required previous knowledge

None

Course materials

Announced at the beginning of the term

Credit reductions

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

No

Facts

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

Coursework

Term no.: 1
Teaching semester:  SPRING 2023

Language of instruction: English, Norwegian

Location: Trondheim

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

Department with academic responsibility
Department of Economics

Examination

Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD School exam 100/100 C 2022-12-22 09:00 INSPERA
Room Building Number of candidates
Spring ORD School exam 100/100 C INSPERA
Room Building Number of candidates
  • * 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.
Examination

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

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