Wooldridge, J.M. (2009 - or later). Introductory Econometrics. A Modern Approach, 4th edition, Thomson South-Western. We are primarily concerned with chapters 1-4 and 6-8. The book is available at the Pustet bookshop on campus or can be ordered there.
Quantitative economic analyses are typically subject to a more or less high degree of uncertainty. Econometrics offers, among other things, methods of quantifying and testing economic relationships with the help of data and thereby estimating the degree of uncertainty underlying the results. In this course, students learn the central econometric tools and the underlying econometric theory. They will be able to
The focus of the course "Introduction to Econometrics" (formerly Econometrics I) is on the analysis of cross-sectional data (data collected by different units or subjects within a period).
It is essential that the students learn to apply the taught econometric methods on the basis of a number of empirical questions. An example of application is the identification of the influencing variables of trade flows, wages, rents, real estate prices, manager salaries. EViews is the main software used.
Prof. Lea Cassar, Ph.D.
Phone: +49 941 943-2550
Office: RW(L) 5.12
Office hours: by arrangement