Empirical Research 1 - Modultafeln of TU Ilmenau
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|module properties Empirical Research 1 in degree program Master Wirtschaftsingenieurwesen 2015|
|department||Department of Economic Sciences and Media|
|ID of group||2542 (Economic Policy)|
|module leader||Prof. Dr. Thomas Grebel|
|term||winter term only|
|on-campus program (h)||34|
|details of the certificate|
25 % mid term paper, 50 % final term paper, 5 takehomes
|signup details for alternative examinations|
|maximum number of participants|
|previous knowledge and experience|
The objective of this course is to prepare students for basic empirical work. It is a hands-on course, where students learn to work with simulated as well as real economic data. Topics include basic data analysis, regression, testing and forecasting. Students will get in touch with software such as Mathematica and they will acquire the necessary skills to carry out there own empirical research.
Introduction to Econometrics using Mathematica, Monte-Carlo Simulation, testing consistency and efficiency of estimators, algebra of least squares, least square regressions, testing Gauss-Markov assumptions, Maximum-likelihood estimation.
|media of instruction|
Moodle-Kursraum: https://moodle2.tu-ilmenau.de/course/view.php?id=298; Slides, online-tutorials, software programming, takehomes
|literature / references|
Murray, Michael (2006): Econometrics: A Modern introduction, Pearson Addison-Wesley.
|evaluation of teaching|
WS 2014/15 (Vorlesung)
WS 2015/16 (Vorlesung)