ESF:BPE_ZAEK Introduction to Econometrics - Course Information
BPE_ZAEK Introduction to EconometricsFaculty of Economics and Administration
- Extent and Intensity
- 2/2/0. 8 credit(s). Type of Completion: zk (examination).
- doc. Ing. Daniel Němec, Ph.D. (lecturer)
prof. Ing. Osvald Vašíček, CSc. (lecturer)
Mgr. Hana Fitzová, Ph.D. (seminar tutor)
Mgr. Jakub Chalmovianský (seminar tutor)
doc. Ing. Daniel Němec, Ph.D. (seminar tutor)
Ing. Mgr. Vlastimil Reichel, Ph.D. (seminar tutor)
- Guaranteed by
- doc. Ing. Daniel Němec, Ph.D.
Department of Economics - Faculty of Economics and Administration
Contact Person: Mgr. Jarmila Šveňhová
Supplier department: Department of Economics - Faculty of Economics and Administration
- Wed 16:00–17:50 P101
- Timetable of Seminar Groups:
BPE_ZAEK/02: Wed 8:00–9:50 VT206, V. Reichel
BPE_ZAEK/03: Wed 10:00–11:50 VT206, V. Reichel
BPE_ZAEK/04: Tue 16:00–17:50 VT204, J. Chalmovianský
BPE_ZAEK/05: Tue 12:00–13:50 VT204, H. Fitzová
BPE_ZAEK/06: Tue 14:00–15:50 VT202, J. Chalmovianský
BPE_ZAEK/07: Tue 10:00–11:50 VT206, H. Fitzová
- elementary probability and mathematical statistics
- Course Enrolment Limitations
- The course is also offered to the students of the fields other than those the course is directly associated with.
- fields of study / plans the course is directly associated with
- there are 18 fields of study the course is directly associated with, display
- Course objectives
- The course is designed to give students experience of using econometric methods important in economics, finance and other business subjects. It provides skills in regression essential for understanding much of the literature of economics, finance, and empirical studies in other areas of business.
We begin with the simple regression and multiple regression models. They are treated in depth and in range of applications. Careful attention is given to the interpretations of regression results and hypothesis testing. A part of the course introduces various modern tools for analyzing economic time series regression. Moreover, further topics in regression analysis are presented including regression with panel data and binary dependent variable.
By the end of the course students should be able to use regression models in many different applications, and to critically examine reported regression results in empirical research in economics and other business studies. They will be able to identify and deal with a number of econometric problems in the analysis of time series and cross-section data, and will have experience of a range of basic econometric methods.
The course is designed to give students an understanding of why econometrics is necessary and to provide them with a working knowledge of basic econometric tools so that:
They can apply these tools to modeling, estimation, inference, and forecasting in the context of real world economic problems.
They can evaluate critically the results and conclusions from others who use basic econometric tools.
They have a foundation and understanding for further study of econometrics.
They have an appreciation of the range of more advanced techniques that exists and that may be covered in later econometric courses.
- 1. Introduction to econometrics and working with data
- 2. A non-technical introduction to regression
- 3. Simple regression model
- 4. Multiple regression model
- 5. Freeing up the classical assumptions - heteroskedasticity
- 6. Freeing up the classical assumptions - autocorrelated errors
- 7. Instrumental variables method
- 8. Qualitative choice and limited dependent variable models
- 9. Univariate time series analysis
- 10. Regression with time series variables
- 11. Vector autoregressive models
- 12. Models for panel data
- 13. Other models, methods and issues
- required literature
- KOOP, Gary. Introduction to econometrics. Chichester: John Wiley & Sons, 2008. 371 s. ISBN 9780470032701. info
- CIPRA, Tomáš. Finanční ekonometrie. 1. vyd. Praha: Ekopress, 2008. 538 s. ISBN 9788086929439. info
- recommended literature
- HILL, R. Carter, William E. GRIFFITHS and Guay C. LIM. Principles of econometrics. 3rd ed. Hoboken: John Wiley & Sons, 2008. xxvii, 579. ISBN 9780471723608. info
- WOOLDRIDGE, Jeffrey M. Introductory econometrics : a modern approach. 4th ed. (International stude. Canada: South-Western, 2009. xx, 865. ISBN 9780324585483. info
- GUJARATI, Damodar N. and Dawn C. PORTER. Basic econometrics. 5th ed. Boston: McGraw-Hill, 2009. xx, 922. ISBN 9780071276252. info
- STOCK, James H. and Mark W. WATSON. Introduction to econometrics. Brief ed. Boston: Pearson/Addison Wesley, 2008. xxvi, 379. ISBN 9780321432513. info
- KENNEDY, Peter. A guide to econometrics. 6th ed. Malden: Blackwell, 2008. xii, 585. ISBN 9781405182584. info
- Teaching methods
- lectures, class discussion, computer labs practices, drills
- Assessment methods
- homeworks, final project, written and oral exam
- Language of instruction
- Follow-Up Courses
- Further comments (probably available only in Czech)
- The course is taught annually.
General note: Přednášky jsou dostupné online a ze záznamu.