EC3414 - Econometrics 3B

Credit points:	03
Year:	2005
Student Contribution Band:	Band 2
Administered by:

Difference and differential equations; maximum likelihood; Monte Carlo simulation; conceptual basis of time series analysis; ARCH/GARCH processes; Box-Jenkin methodology of modelling stationary and non-stationary time series; unit root(s) and cointegration tests; simultaneous equation model; VAR and VEC modelling of multiple time series and forecasting.

Learning Outcomes

• to provide a sound knowledge of the theory and general application of time series econometrics software packages to carry out research and analysis.

Graduate Qualities

• The ability to think critically, to analyse and evaluate claims, evidence and arguments;
• The ability to adapt knowledge to new situations;
• The ability to define and to solve problems in at least one discipline area;
• The ability to communicate effectively with a range of audiences;
• The ability to lead, manage and contribute effectively to teams;
• The ability to speak and write logically, clearly and creatively;
• The ability to calculate, produce, interpret and communicate numerical information;
• The ability to select and use appropriate IT tools;
• The ability to access and employ online technologies effectively;
• The ability to use and interpret different media;
• A coherent and disciplined body of skills, knowledge, values and professional ethics in at least one discipline area;
• The ability to use a variety of media and methods to retrieve, analyse, evaluate, organise and present information;
• The ability to reflect on and evaluate learning processes and products;
• The ability to learn independently and in a self-directed manner;
• A commitment to lifelong learning and intellectual development.

Prerequisites:

EC2101 or EC3413

Availabilities
, , Study Period 2
Census Date 31-Aug-2005
Coord/Lect:	Dr Rabiul Beg.
Contact hours:	26 hours 12 hours 12 hours - Workshops
Assessment:	(50%); (30%); (20%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.