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EC3301 Econometrics

SCOTCAT credits:20
Academic year(s):2017/8
SCQF Level 9
Planned timetable:9.00 am - 11.00 am Tue.

The module develops student understanding of the classical linear econometric model (ordinary least squares). This will cover a range of topics including: estimation and inference in multivariate regression models; the use of limited dependent variables; large sample properties of OLS estimators; multicollinearity and heteroskedasticity. Student understanding of key econometric concepts and their application to economics will be developed, allowing them to estimate, interpret, test and critically evaluate economic relationships. The module will develop students applied skills through the use of appropriate econometric software.

Place in programme(s) and relationship to other modules


Compulsory for Applied Economics, Economics, Financial Economics, BA (Int Hons) Economics and Economics as a major

Optional for joint honours Economics.

UG Pre-requisite(s):Permission of the Economics Honours Adviser
UG Anti-requisite(s):EC3202
UG Modules required for:EC4401

Learning and teaching methods and delivery

Weekly contact:20 hours of lectures over 11 weeks, 2-hour practical classes (x 4 weeks) 1-hour tutorial (x 5 weeks) plus 1 office hour (x 12 weeks).
Total module hours:
  • Scheduled learning: 33
  • Guided independent study: 167

Assessment pattern

UG As defined by QAA:
  • Written examinations: 75%
  • Practical examinations: 0%
  • Coursework: 25%
UG As used by St Andrews:2-hour Written Examination = 50%, Coursework (incl. Class Test 25%) = 50%
UG Re-assessment:2-hour Written Examination = 100%


Module coordinator:Dr M Polisson
Module teaching staff:Dr M Polisson