ECON4135 – Applied statistics and econometrics

Course content

The course contains theory of regression analysis for econometrics, and explains applications of regression analysis to a variety of econometric problems and types of data: Linear regression with one or more regressors; Hypothesis testing and confidence intervals in multiple regression; Nonlinear regression; Logistic regression; Panel data models; The use of instrument variables; Regression for program evaluation; Experiments and quasi-experiments; A bit of time series analysis (simple auto-regression). Students will also be introduced to statistical computing with Stata.

Learning outcome

Knowledge outcomes:
The course builds on a first course in statistics, and gives broad knowledge of many aspects of regression analysis relevant and useful for econometric studies, as listed above. The focus is on modeling and economic meaning rather than on proving theorems. The successful student will have insight and knowledge to understand much of the applied econometric literature, and to do simpler econometric analyses.

Skills:
Stata is a program language for statistical and econometric computation. Basic skills in using Stata in performing various regression analyses on economically interesting data will be developed through exercises, and through study of the examples in the textbook. Without the skills of formulating econometric problems, developing appropriate regression models, and understanding and explaining numerical output from such analyses and their ramifications, skills in computing is of less value. The skill of making economic sense of complex data is what the course is supposed to develop in the students.

Admission

Students who are admitted to study programmes at UiO must each semester register which courses and exams they wish to sign up for in Studentweb.

Students enrolled in other Master's Degree Programmes can, on application, be admitted to the course if this is cleared by their own study programme.

If you are not already enrolled as a student at UiO, please see our information about admission requirements and procedures.

Prerequisites

Formal prerequisite knowledge

Bachelor’s degree in Economics, or equivalent.

Overlapping courses