Faculties and centres
This is the second course in Econometrics in the Degree of Economics and is scheduled for the first term of the third year. The students have previously completed two courses in Statistics and Econometrics I in the previous semester (second semester of the second year). Econometrics II continues the study of the regression model presented in Econometrics I, discussing their application in more general situations. On the one hand, we consider the regression analysis with time series data (Part 1) and with longitudinal data (Part 2) instead of only with cross-sectional data and Econometrics I. In addition, we discuss how estimation and inference is carried out when the basic assumptions studied in Econometrics I does not hold. In particular, Lesson 2 (Part 1) focuses on the presence of autocorrelation. Lesson 3 (Part 2) discuss how to proceed if the model includes endogenous regressors. Finally, Lessons 5 and 6 (Part 3) consider nonlinear models.
General Competences (CG)
General Competences acquired at University of Alicante (CGUA)
Specific Competences (CE)
- To understand intermediate econometric techniques for data analysis.
- To establish relations between economic variables, quantifying them and evaluating results, in situations where basic hypotheses cannot be met.
- To assess different responses to an economic variable when other variables change, usingan econometric model.
- To develop the ability to interpret the results obtained when estimating a model where basic hypotheses cannot be met.