ECM001-Introduction to Econometric Analysis

Module Provider: School of Politics, Economics and International Relations
Number of credits: 0 [0 ECTS credits]
Level:7
Terms in which taught: Autumn term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2023/4

Module Convenor: Mr Adesola Olumayowa Sunmoni
Email: a.sunmoni@reading.ac.uk

Type of module:

Summary module description:

This module is primarily designed to give students a general understanding of basic econometrics with an emphasis on the interpretation of basic linear regression results and their relevance in economic analysis.Ìý

Aims:

The module aims to introduce students to the empirical analysis of economic models.

Assessable learning outcomes:

The module covers various aspects of Econometrics.ÌýAt the end of the module students should be able to:

• understand issues involved in regression model specification;


• interpret regression results;


• conduct simple hypothesis tests;


• have a general understanding of the main assumptions that underlie the application of statistics to economic problems.

Additional outcomes:

Outline content:

• The simple linear regression model, interpretation of different functional forms.


• The multiple linear regression model.


• Inference in the multiple linear regression model, hypothesis testing.


• Further forms of regression models and their interpretation.

Global context:

This module is compulsory for the MSc Business Economics degree programme.

Brief description of teaching and learning methods:

Lectures will be used for the exposition of the principal concepts, principles and techniques.Ìý

Contact hours:

Ìý	Autumn	Spring	Summer
Lectures	20
Guided independent study:	30
Ìý	Ìý	Ìý	Ìý
Total hours by term	50	0	0
Ìý	Ìý	Ìý	Ìý
Total hours for module	50

Summative Assessment Methods:

Method

Percentage

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:

None. Rather the module helps to prepare students to take another module which is assessed.

Formative assessment methods:

Penalties for late submission:

The below information applies to students on taught programmes except those on Postgraduate Flexible programmes. Penalties for late submission, and the associated procedures, which apply to Postgraduate Flexible programmes are specified in the policy 'Penalties for late submission for Postgraduate Flexible programmes', which can be found here: /cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmissionpgflexible.pdf
The Support Centres will apply the following penalties for work submitted late:

• where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
• where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

The University policy statement on penalties for late submission can be found at: /cqsd/-/media/project/functions/cqsd/documents/cqsd-old-site-documents/penaltiesforlatesubmission.pdf
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Assessment requirements for a pass:

Reassessment arrangements:

Additional Costs (specified where applicable):

1) Required text books:Ìý None

2) Specialist equipment or materials:Ìý None

3) Specialist clothing, footwear or headgear:Ìý None

4) Printing and binding:Ìý None

5) Computers and devices with a particular specification:Ìý None

6) Travel, accommodation and subsistence:Ìý None

Last updated: 12 July 2023