EC2C4      Half Unit
Econometrics II

This information is for the 2025/26 session.

Course Convenor

Dr Ragvir Sabharwal

Dr Marcia Schafgans

Availability

This course is compulsory on the BSc in Economics and Economic History, BSc in Finance, BSc in Philosophy and Economics and BSc in Politics and Economics. This course is available on the BSc in Accounting and Finance, BSc in Data Science, BSc in Environment and Sustainable Development, BSc in Geography with Economics, BSc in International Social and Public Policy with Economics, BSc in Mathematics and Economics, BSc in Mathematics with Economics, BSc in Mathematics, Statistics and Business, BSc in Philosophy, Politics and Economics, BSc in Philosophy, Politics and Economics (with a Year Abroad), Diploma in Accounting and Finance, Erasmus Reciprocal Programme of Study and Exchange Programme for Students from University of California, Berkeley. This course is freely available as an outside option to students on other programmes where regulations permit. It does not require permission. This course is available with permission to General Course students.

Requisites

Mutually exclusive courses:

This course cannot be taken with MG205 at any time on the same degree programme.

Pre-requisites:

Before taking this course, students must have completed: ((MA107 and ST107) or (MA100 and ST102))

Co-requisites:

Students must complete EC2C3 either before taking this course or in the same year as this course.

Course content

This course builds on the material learned in EC2C3.  The focus of the course is the underlying theory of empirical research in economics: estimation methods, properties of estimators (unbiasedness, standard error formula, sampling distribution, consistency) and hypothesis testing. Topics include: Bivariate and multiple regression (estimation, inference, asymptotic property); heteroskedasticity; endogeneity (omitted variables and simultaneity); instrumental variables and two-stage least squares; binary choice models; and time series analysis. 

Teaching

1 hours of classes in the Spring Term.
30 hours of lectures and 9 hours of classes in the Winter Term.

Formative assessment

Students are expected to engage with the weekly problem sets each week. Students will receive feedback on selected questions from four problem sets.

 

Indicative reading

• J. Wooldridge Introductory Econometrics. A Modern Approach, Cengage

Assessment

Exam (90%), duration: 120 Minutes, reading time: 15 minutes in the Spring exam period

Continuous assessment (10%)

Continuous assessment (10%) in the WT Exam (90%, duration: 2 hours, reading time: 15 minutes) in the spring exam period.


Key facts

Department: Economics

Course Study Period: Winter and Spring Term

Unit value: Half unit

FHEQ Level: Level 5

CEFR Level: Null

Total students 2024/25: 270

Average class size 2024/25: 17

Capped 2024/25: No
Guidelines for interpreting course guide information

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Personal development skills

  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication
  • Application of numeracy skills
  • Specialist skills