Rhedir gan Bangor Business School
20.000 Credyd neu 10.000 Credyd ECTS
Trefnydd: Dr Chrysovalantis Vasilakis
The course introduces students to regression analysis, the pitfalls that empirical researchers confront when using these tools, and the methods they use to overcome them. Throughout there is a strong focus on trying to establish cause and effect, rather than just associations.
The course will cover the linear regression model (LRM), ordinary least squares, goodness of fit and the explanatory power of a regression model, hypothesis testing, model diagnostics, Heteroskedasticity, Multicollinearity, Dummy Variables, Autocorrelation, measurement error, simultaneity bias, endogeneity, Instrumental variables, Maximum Likelihood Estimation, Panel data (Static and Dynamic Models).
D- to D+ (40-49%): No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives.
A- to A+ (70%+): Outstanding Performance. The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills.
B- to B+ (60-69%): Very good performance Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practical elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills.
C- i C+
C- to C+ (50-59%): Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.
Demonstrate team work skills in analysing a contemporary econometric issue.
Collect and critically evaluate data from primary and secondary resources.
Appropriately apply econometric techniques in the assessment of financial and banking issues.
Demonstrate a critical awareness of the merits and pitfalls of the implicit assumptions and the limitations underlying empirical models.
Demonstrate the ability to assess and interpret surveys, reports and academic literature that apply advanced econometrics.
Demonstrate a thorough awareness of theoretical and practical aspects of econometrics.
An assignment provided to students such that to collect, manipulate data and apply the econometric techniques and interpret their results.
|ARHOLIAD||Exam Semester 1 - 2.5hrs||
A 2,5 hour exam with three sections. Section A multiple choice questions. Section B and C have typically three equally weighted questions from which two need to be answered on each of these sections. A pocket calculator is essential and a formula sheet is given.
Strategaeth addysgu a dysgu
Lectures: 3 hours of lectures each week (10 weeks x3 hours).
|Practical classes and workshops||
Computer workshops: 1 hour each week.
Review and reflect upon the course material.
- Rhifedd - Medrusrwydd wrth ddefnyddio rhifau ar lefelau priodol o gywirdeb
- Defnyddio cyfrifiaduron - Medrusrwydd wrth ddefnyddio ystod o feddalwedd cyfrifiadurol
- Dadansoddi Beirniadol & Datrys Problem - Gallu dadelfennu a dadansoddi problemau neu sefyllfaoedd cymhleth. Gallu canfod atebion i broblemau drwy ddadansoddiadau ac archwilio posibiliadau
- Cyflwyniad - Gallu cyflwyno gwybodaeth ac esboniadau yn glir i gynulleidfa. Trwy gyfryngau ysgrifenedig neu ar lafar yn glir a hyderus.
- Gwaith Tîm - Gallu cydweithio'n adeiladol ag eraill ar dasg gyffredin, ac/neu fod yn rhan o dîm gweithio o ddydd i ddydd
- Hunanymwybyddiaeth & Ystyried - Bod yn ymwybodol o'ch cryfderau, gwendidau, nodau ac amcanion eich hun. Gallu adolygu ,cloriannu a myfyrio'n rheolaidd ar eich perfformiad eich hun ac eraill.
Sgiliau pwnc penodol
- Abstraction. From the study of economic principles and models, students see how one can abstract the essential features of complex systems and provide a useable framework for evaluation and assessment of the effects of policy or other exogenous events. Through this, the typical student will acquire proficiency in how to simplify while still retaining relevance. This is an approach that they can then apply in other contexts, thereby becoming more effective problem-solvers and decision-makers.
- Problem solving and critical analysis: analysing facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
- Research: the ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use that research for evidence-based decision-making.
- Numeracy: the use of quantitative skills to manipulate data, evaluate, estimate and model business problems, functions and phenomena.
Rhestrau Darllen Bangor (Talis)http://readinglists.bangor.ac.uk/modules/asb-3317.html
Stock and Watson Introduction to Econometrics: International Edition. C.Dougherty. Introductory to Econometrics
Rhagofynion a Chydofynion
Cyrsiau sy’n cynnwys y modiwl hwn
Gorfodol mewn cyrsiau:
- NL41: BSc Accounting and Economics year 3 (BSC/ACCEC)
- NL4B: BSc Accounting and Economics (4 year with Incorp Foundation) year 3 (BSC/ACCEC1)
- NL42: BSc Accounting and Economics with International Experience year 4 (BSC/AEIE)
- L190: BSc Business Economics year 3 (BSC/BEC)
- L19B: BSc Business Economics (4 year with Incorporated Foundation) year 3 (BSC/BEC1)
- L191: BSc Business Economics with International Experience year 3 (BSC/BECIE)
- 8V55: BSc Banking and Finance (with International Experience) year 3 (BSC/BFIE)
- N391: BSc Banking and Finance year 3 (BSC/BFIN)
- N39B: BSc Banking and Finance (4 year w Incorporated Foundation) year 3 (BSC/BFIN1)
- L192: BSc Business Economics (Bangor International College) year 3 (BSC/BICBE)
- N324: BSc Banking and Finance (Bangor International College) year 3 (BSC/BICBF)
- L193: BSc Financial Economics (Bangor International College) year 3 (BSC/BICFE)
- L111: BSc Financial Economics year 3 (BSC/FINEC)
- L11B: BSc Financial Economics (4 year w Incorporated Foundation) year 3 (BSC/FINEC1)
Opsiynol mewn cyrsiau:
- N107: BA Business year 3 (BA/BUS)
- L1T1: BA Economics and Chinese year 4 (BA/ECCH)
- LR13: BA Economics/Italian year 4 (BA/ECIT)
- LL13: BA Sociology/Economics year 3 (BA/ECS)
- LL2B: BA Sociology & Economics (4 yr with Incorporated Foundation) year 3 (BA/ECS1)
- LR14: BA Economics/Spanish year 4 (BA/ECSP)
- LR11: BA French/Economics year 4 (BA/FREC)
- LR12: BA German/Economics year 4 (BA/GEC)
- LV11: BA History/Economics year 3 (BA/HEC)
- L202: BA Politics and Economics year 3 (BA/POLEC)
- LL14: BA Social Policy/Economics year 3 (BA/SPEC)
- LL1B: BA Social Policy & Economics (4yr with Incorp Foundation) year 3 (BA/SPEC1)
- NN44: BSc Accounting and Banking with International Experience year 4 (BSC/ABIE)
- NN43: BSc Accounting and Banking year 3 (BSC/ACCB)
- NN46: BSc Accounting and Banking (4 year with Incorp Found) year 3 (BSC/ACCB1)
- NNM1: BSc Business Studies & Marketing with Intl Experience year 4 (BSC/BSMIE)
- NN1M: BSc Business Studies and Marketing year 3 (BSC/BSMKT)
- NN1K: BSc Business Studies & Marketing (4 year with Incorp Found) year 3 (BSC/BSMKT1)