IDENTIFYING DATA 2017_18
Subject (*) EMPIRICAL METHODS IN MANAGEMENT Code 20725105
Study programme
Technology and Engineering Management (2017)
Cycle 2nd
Descriptors Credits Type Year Period
3 Compulsory First 1Q
Language
Anglès
Department Economics
Coordinator
ASLANIDIS ., NEKTARIOS
E-mail nektarios.aslanidis@urv.cat
Lecturers
ASLANIDIS ., NEKTARIOS
Web
General description and relevant information This course is intended to be an introduction to specification, estimation, and evaluation of econometric models. We review aspects of the single equation linear model, consider instrumental variable estimation, and models with heteroskedasticity. Throughout we will try to emphasize the essential interplay between econometric theory and economic applications.

Competences
Type A Code Competences Specific
 A1.4 Apply advanced methods of theoretical and empirical analysis to company decision-taking.
 A1.5 Analyse the complexity of the micro- and macroeconomic and legal environment of technology and innovation companies in a changing and ill-defined context.
Type B Code Competences Transversal
 B1.1 Manage complex information
 B3.1 Work in a team collaboratively and with responsibility shared among multidisciplinary, multi-lingual and multicultural teams in complex environments.
 B3.2 Foster interdependency and shared responsibility.
 B3.3 Resolve disputes in a constructive manner.
 B5.3 Apply new and advanced technologies with initiative and entrepreneurial spirit.
Type C Code Competences Nuclear

Learning outcomes
Type A Code Learning outcomes
 A1.4 Understand and apply techniques for the empirical analysis of economic data.
Interpret empirical analyses.
Use methods of empirical analysis to prepare economic decisions.
 A1.5 Analyse national and international markets.
Type B Code Learning outcomes
 B1.1 Manage complex information.
 B3.1 Organise a team to carry out empirical analysis.
 B3.2 Take responsibility for the overall result of teamwork and not merely for the part that was done personally.
 B3.3 Resolve disputes that arise during teamwork in a constructive manner.
 B5.3 Apply latest-generation instruments for strategic analysis.
Type C Code Learning outcomes

Contents
Topic Sub-topic
Tema 1: Linear regression model 1.1 Linear regression
1.2 Ordinary Least Squares
1.3 Misspecification problems
1.4 Inference and hypothesis testing
1.5 Examples
Tema 2: Instrumental variables
2.1 The problem of endogeneity
2.2 Omitted variables
2.3 Instrumental variables estimation
2.4 Testing overidentification restrictions
2.5 Examples


Tema 3: Heteroskedasticity
3.1 The problem of heteroskedasticity
3.2 Testing for heteroskedasticity
3.3. Weighted Least Squares
3.4 Examples

Planning
Methodologies  ::  Tests
  Competences (*) Class hours
Hours outside the classroom
(**) Total hours
Introductory activities
1 1 2
Lecture
A2
A3
B3
B4
C3
30 41 71
Personal tuition
2 0 2
 
 
(*) On e-learning, hours of virtual attendance of the teacher.
(**) The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies
Methodologies
  Description
Introductory activities Hablar de datos economicos
Lecture Presentar y elaborar modelos estadísticos/econometricos
Personal tuition Horas de consulta/visita.

Personalized attention
Description
La atención personalizada en la asignatura se plantea con horas de consulta(visita).

Assessment
Methodologies Competences Description Weight        
Others  
 
Other comments and second exam session

The 2nd exam call consists of an exam (100% of the total mark).


Sources of information

Basic Wooldridge J.M, Introductory Econometrics: A Modern Approach, Thomson,

Complementary

Recommendations


(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation.