IĀS255 Econometrics

Code IĀS255
Name Econometrics
Status Compulsory/Courses of Limited Choice; Courses of Free Choice
Level and type Post-graduate Studies, Academic
Field of study Mathematics and Statistics
Faculty Department of International Business, Transport Economics and Logistics
Academic staff Remigijs Počs, Māris Buiķis, Velga Ozoliņa
Credit points 2.0 (3.0 ECTS)
Parts 1
Annotation Econometric modelling, theoretical and applied econometrics. Simultaneous econometric equation systems. Estimation methods of parameters. Data collecting problems. Nonlinear econometric models. Multiple regression models. Times series models. Practical application of models. Econometric modelling software Eviews..
Goals and objectives
of the course in terms
of competences and skills
To introduce students with the most significant econometric methods. To form the ability to elaborate econometric equations, using econometric software. To form the ability to apply econometric methods and appropriate software for analysis of economic phenomena and processes.
Learning outcomes
and assessment
Students are able to name and characterize the most important econometric methods. - Quiz, exam
Students are able to specify different types of econometric models, estimating parameters of the equations using appropriate methods. - Quiz, laboratory assignments, exam
Students are able to analyse economic situation, trends, influence of different factors, seasonality, cycles, relations between different indicators etc. with the help of econometric models. - Laboratory assignments, tests, exam
Students are able to apply appropriate software to evaluate indicators characterizing different economic processes and to elaborate forecasts. - Laboratory assignments
Course prerequisites Mathematics, information science, economics, statistics

[Extended course information PDF]