Course Information

FieldValue
Course TitleEconometrics
Course CodeD-052-01
LevelPhD
ECTS Credits6.00
Faculty/unitEngineering Faculty
FieldMatemātika
Course TypeStandard
Course LeaderPavlyuk Dmitry - Dr. sc. ing. professor
AnnotationThis study course provides a comprehensive introduction to econometric data analysis, covering a range of topics related to sampling, validity, reliability, causality, qualitative and quantitative methods. Students will learn about the principles of sampling design, including considerations such as target population and sample representativity, as well as the classification of sampling methods. The course also covers the structure of data, levels of measurement, and scales, as well as the differences between categorical and continuous data and non-response bias. Students will explore the foundations of estimation and inference, including design-based inference, confidence intervals, variance estimation, and hypothesis testing, and will also learn about regression models, discrete choice models, and estimation methodology. The course provides practical aspects of longitudinal survey data analysis, time series, and macroeconometrics, and also covers the process of carrying out an empirical project, from posing a question to econometric analysis.
AimThe aim of this course is to provide students with a comprehensive understanding of the econometric data analysis process, from sampling design and data structure to estimation methodology and carrying out an empirical project, using both qualitative and quantitative methods to ensure validity, reliability, and causality.
LO1Ability to design and implement appropriate sampling methods and evaluate the representativity of their samples for a given target population.
LO2Ability to distinguish between categorical and continuous data and identify potential non-response bias, and be able to clean and preprocess data for effective econometric analysis.
LO3Ability to apply appropriate estimation and inference techniques, including regression models, discrete choice models, and panel regression models, to analyze and interpret data, and to carry out an empirical project from posing a research question to summarizing and presenting their results.
Required Literature
  • Greene, W.H. (2018), Econometric Analysis, 8th edition., Pearson, New York, NY.
  • Wooldridge, J.M. (2018), Introductory Econometrics: A Modern Approach, 7th edition., Boston, MA.
  • Huynh, KP, Jacho-Chavez, DT, & Tripathi, G (eds) 2019, The Econometrics of Complex Survey Data: Theory and Applications, Emerald Publishing Limited, Bingley. Available from: https://ebookcentral.proquest.com/lib/tsilv/detail.action?docID=5743727 .
Assessment MethodIn the frame of the course project/course work, students independently execute the tasks, considering the published schedule. The result of the execution is a report, which is graded, using a prior published grading scale. Considering assessment results the grade becomes available to student with the feedback. study the provided methodological and other materials, which are posted in e.tsi.lv. They independently perform tasks, prepare and draw up a report according to the requirements, form a list of questions that are discussed during classes with the teacher.
Independent studyAs part of the course project/course work, students independently study the provided methodological and other materials, which are posted in e.tsi.lv. They independently perform tasks, prepare and draw up a report according to the requirements, form a list of questions that are discussed during classes with the teacher.
Full-time
First Sit ElementsElement Weighting, %Group WorkLinks to Results
Reports30 LO1, LO2, LO3
Presentations30 LO1, LO2, LO3
Examination40 LO1, LO2, LO3

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