Intermediate Econometrics
| Numbering Code | G-ECON31 5A403 LJ43 | Year/Term | 2022 ・ Second semester | |
|---|---|---|---|---|
| Number of Credits | 2 | Course Type | Lecture | |
| Target Year | Target Student | |||
| Language | Japanese | Day/Period | Tue.1 | |
| Instructor name | NISHIYAMA YOSHIHIKO (Institute of Economic Research Professor) | |||
| Outline and Purpose of the Course |
Econometrics is the study of methods of analyzing economic data. In this class, students will learn an overview of regression analysis, instrumental variable method, panel data analysis, discrete choice model, and statistical time series analysis model, all of which are often used in econometric analysis. |
|||
| Course Goals | This class has the following two goals: ① gaining the ability to read empirical analysis in academic paper, and ②learning the mathematical basis of econometrics to the extent necessary for conducting actual empirical analysis and using it to analyze data using statistical software. | |||
| Schedule and Contents |
The content of the class is an introduction to various analysis methods of economic data. The following content will primarily be studied. 1. Basics of Regression Analysis 2. Regression Analysis Theory 3. Missing Variable Problem 4. Interpreting the results of regression analysis 5. Explanation of practice problems 6. Manipulated Variable Method 7. Addendum to the Manipulated Variable Method 8. Midterm Examination 9. Qualitative Selection Model 10. Addendum to the Qualitative Selection Model 11. Basics of Panel Data 12. Analysis of Models of Panel Data 13. Basics of Time Series Analysis 14. Stationary Time Series Analysis 15. Feedback (midterm exams, examples answers to practice questions, answering questions) |
|||
| Evaluation Methods and Policy | Homework (20%), midterm exam (30%), final exam (50%). | |||
| Course Requirements | Completing a course on Mathematical Statistics or equivalent statistical knowledge. Knowledge of calculus and linear algebra. | |||
| Study outside of Class (preparation and review) | Students should read the distributed lecture notes in advance. In addition, they should solve the practice exercises given during class to test their understanding. | |||
| Textbooks | Textbooks/References | None | ||
| References, etc. | J. Stock and M. W. Watson "Introduction to Econometrics, Third Edition" (Pearson Education Inc.) | |||
