The first course of Microeconometrics will provide the basic tools in econometrics. After reviewing statistical inference, it will introduce the linear model, at first with a single regressor and then with multiple regressors. Topics covered will be interpretation of population parameters, estimation by OLS, test of hypotheses and use of different functional forms. Estimation of parameters in linear and static panel data models will be covered. The emphasis will be placed on the econometrics tools as well as on their use for applications in economics, finance and banking.
- Week 1
Intro to Econometrics
Review of Probability and Statistics
- Week 2
Regression Models I
Least squares and other methods
- Week 3
Regression Models II
Simple and multiple linear regressions
- Week 4
Omitted variable, Measurement Errors
- Week 5
- Week 6
- Week 7
The course aims at providing basic tools of econometrics in order to allow students to understand empirical analyses in Economics and to perform their own works.
Theoretical classes will be complemented by computer lab classes and tutorials.
The recommended statistical package is STATA.
Written exam in the classroom (70%), and exercises (30%).