This course differs from other courses as its main objective is to convey the ideas of statistical modeling. These use methods such as estimation and testing.
However the focus is on applying these methods in order to obtain a statistical model for a given problem.
Different tools in this respect are discussed including
+ different classes of models (including models for count data, categorical data and panel data)
+ various diagnostic tools (hypothesis tests; AIC, stepwise selection procedures)
+ modelling tools such as non-parametric estimation methods
The course will mostly use likelihood maximization as estimation methods. But also econometric estimation tools like GMM (of which instrumental variables are a special case) are discussed to support modelling. The main reference is thr book by Cameron and Trivedi.
The course is quite intense as it features 4 hours of lectures each week supplement with a problem solving session/tutorial.
Exams: The course features a mid term exam and a final exam.
Colin Cameron and Pravin Trivedi: Microeconometrics: Methods and Applications. Cambridge University Press, 2005.
Frequency | Weekday | Time | Format / Place | Period | |
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weekly | Mo | 14-16 | S1-209 | 07.04.-18.07.2025
not on: 4/21/25 / 6/9/25 |
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weekly | Fr | 12-14 | U2-223 | 07.04.-18.07.2025
not on: 4/18/25 |
Module | Course | Requirements | |
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31-M-Ectr1 Econometrics 1 | Statistical and Econometric Models | Graded examination
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Student information |
The binding module descriptions contain further information, including specifications on the "types of assignments" students need to complete. In cases where a module description mentions more than one kind of assignment, the respective member of the teaching staff will decide which task(s) they assign the students.
Degree programme/academic programme | Validity | Variant | Subdivision | Status | Semester | LP | |
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Studieren ab 50 | |||||||
Wirtschaftswissenschaften - Angebote für Erasmus / Incomings (Bachelor) |
Basic knowledge of statistics (such as the BA courses 31-M3 and 31-M9) is required. All prerequisites are covred with material in the lecture, however, the lectures will be hard to follow without sufficient prior knowledge.
The first two weeks in the course will provide hints on whether the prior knowledge is sufficient.