Technische Universität Ilmenau

Empirical Research 1 - Modultafeln of TU Ilmenau

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Information on the room and time of planned courses can be found in the e-calendar of events. Courses and examinations that are not listed in the e-calendar of events are planned "by appointment". A list of the events concerned can be found here: courses, examinations.

subject properties Empirical Research 1 in major Master Wirtschaftsingenieurwesen 2015
subject number101609
examination number2500408
departmentDepartment of Economic Sciences and Media
ID of group 2542 (Economic Policy Group)
subject leaderProf. Dr. Thomas Grebel
term Wintersemester
credit points4
on-campus program (h)34
self-study (h)86
Obligationobligatory elective
exam pass-fail certificate
details of the certificate
Signup details for alternative examinations
maximum number of participants
previous knowledge and experience

Mathematics, Statistics

learning outcome

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

Slides, online-tutorials, software programming, takehomes

literature / references

Murray, Michael (2006): Econometrics: A Modern introduction, Pearson Addison-Wesley.
Greene, W. H. (2008): Econometric Analysis, 6th Ed. Pearson International.
Wooldridge, Jeffrey M. (2012): Introductory Econometrics: A Modern Approach, 5th Ed. South-Western.

evaluation of teaching


Freiwillige Evaluation:

WS 2014/15 (Vorlesung)

WS 2015/16 (Vorlesung)