Applied Econometrics
Course: Economics and Economic Policy
Structural unit: Faculty of Economics
Title
Applied Econometrics
Code
ОК 1.1
Module type
Обов’язкова дисципліна для ОП
Educational cycle
Second
Year of study when the component is delivered
2023/2024
Semester/trimester when the component is delivered
1 Semester
Number of ECTS credits allocated
4
Learning outcomes
PLO 1. Formulate, analyze and synthesize solutions scientific and practical problems.
PLO 2. Develop, substantiate, and make effective decisions on the development of socio-economic systems and management of economic entities.
PLO 4. Develop socio-economic projects and a system of all-inclusive actions for their implementation, taking into account the goals, expected socio-economic outcomes, risks, legislative, resource, and other constraints.
PLO 7. Select effective methods for managing economic activity, ground proposed solutions based on relevant data and scientific and applied research.
PLO 8. Collect, process, and analyze statistical data, scientific and analytical materials needed for solving complex political and economic problems.
PLO 9. Make effective decisions under conditions of uncertainty and challenges that require the use of new approaches, methods, and tools of socio-economic, political, and economic research.
Form of study
Full-time form
Prerequisites and co-requisites
- to know: the basic principles of the functioning of the economy at the micro- and macro-level; basics of mathematics for economists and probability theory; principles of academic integrity;
- be able to: calculate economic indicators, process statistical data, analyze; primary information;
- to have: skills in using Microsoft Office Word, Microsoft Office Excel; Eviews; build simple econometric models.
Course content
The program of the academic discipline consists of the following content modules:
1. Generalization of the multiple regression model. The module covers construction and analysis, multiple regression, distributed lag models, and time series econometrics.
2. Models of microeconometrics and models for panel data. The module examines the estimation and application of discrete and limited dependent variable models and regression models for panel data.
Recommended or required reading and other learning resources/tools
Wooldridge J.M. Introductory Econometrics: A Modern Approach. 7edition. Cengage Learning, 2019. – 816р.
Hill C., Griffiths W.E., Lim G.C. Principles of Econometrics. - 5th edition. - Wiley, 2018. – 918 p.
Stock J. H. and Watson M. W. Introduction to Econometrics. 4th edition, Addison-Wesley, 2018 - 800p.
Ставицький А.В., Харламова Г.О. Моделювання мікроекономічних процесів. Навч. посібник. – Київ, Аграр Медіа Груп, 2018 – 182 с.
Харламова Г.О., Ставицький А.В. Навчально-методичний комплекс з дисципліни “Quantitative economics / Кількісні методи в економічних дослідженнях” Київ. , Аграр Медіа Груп, 2021. 17 с.
Planned learning activities and teaching methods
Information-traditional with elements of problem-oriented learning: lectures, practical classes, cases, control work, independent analytical work (project)
Assessment methods and criteria
Student evaluation forms: (max. 60 points / min. 36 points)
- semester assessment:
1. Calculation tasks (RN 1.1.-1.2.; 2.1-2.5) (Min. - 12 points, Max. - 20 points).
2. Modular control papers (RN 1.1.; 2.1-2.3) (Min. – 12 points, Max. – 10 points).
3. Implementation of the project (RN 1.1.-1.2., 2.2.-2.5., 3.1., 4.1.) (Min. - 12 points, Max. - 30 points).
- final evaluation in the form of an exam (RN 1.1; 2.1-2.5) – 40 points.
A student is not allowed to take the exam if he received less than 36 points during the semester.
If the student's grade on the exam is lower than the minimum threshold level (24 points), then the points for the exam are not added to the semester grade (they are considered equal to zero), and the final grade in the discipline is unsatisfactory.
Language of instruction
Ukrainian
Lecturers
This discipline is taught by the following teachers
Ganna
Oleksiivna
Kharlamova
Department of Economic Cybernetics
Faculty of Economics
Faculty of Economics
Departments
The following departments are involved in teaching the above discipline
Department of Economic Cybernetics
Faculty of Economics