Registry
Module Specifications
Archived Version 2010 - 2011
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Description The purpose of this module is to introduce students to basic regression methods that are useful in analyzing social science data. The emphasis is on the application of statistical methods to analyze economic and/or financial data. In this module students will develop knowledge and skills in applying statistical methods to analyze data, using appropriate statistical software to analyze data, using regression models to test hypotheses, making and evaluating predictions based on statistical models. Students will participate in the following learning activities: attend and participate in lectures, familiarize themselves with the use of statistical software, work on take home assignments that replicate some previous empirical research, critically evaluate some of the literature in empirical research. | |||||||||||||||||||||||||||||||||||||||||
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Learning Outcomes 1. explain how to produce and evaluate forecasts using time series models 2. carry out basic statistical inference procedures (such as hypothesis testing and construction of confidence/prediction intervals) using regression models 3. use statistical software to produce and evaluate forecasts of real economic time series data 4. present results of statistical analyses using appropriate statistical displays (e.g. tables and graphs) | |||||||||||||||||||||||||||||||||||||||||
All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml |
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Indicative Content and
Learning Activities Linear regressionordinary least squares, Gauss-Markov theorem, hypothesis testing, robust inference, predictionTime series modelsautocorrelation, autoregressive models, dynamic forecasting, forecast evaluationNonstationaritystationarity, deterministic and stochastic trends, structural breaksDynamic causal effectsdistributed lag models, Granger causality, dynamic multipliers | |||||||||||||||||||||||||||||||||||||||||
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Indicative Reading List
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Other Resources None | |||||||||||||||||||||||||||||||||||||||||
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