Örebro University School of Business

Course Syllabus

General aims for second cycle education

Second-cycle courses and study programmes shall involve the acquisition of specialist knowledge, competence and skills in relation to first-cycle courses and study programmes, and in addition to the requirements for first-cycle courses and study programmes shall
- further develop the ability of students to integrate and make autonomous use of their knowledge
- develop the students' ability to deal with complex phenomena, issues and situations, and
- develop the students' potential for professional activities that demand considerable autonomy, or for research and development work.

(Higher Education Act, Chapter 1, Section 9)

The general goal of the course is to give deepened knowledge of regression models that are useful in economics.

After completion of the course, the student will have
- Deeper knowledge of basic concepts in regression analysis
- Deeper knowledge of econometric theory and the basic tools needed to carry out empirical economic studies and analysis
- The ability to critically evaluate different regression models and to choose an appropriate modelling approach
- The ability to communicate modelling issues and results.

1) Specification and Computation in the context of Classical Linear Regression Model
2) Statistical Inference in Finite Samples in the context of Classical Linear Regression Model
3) After a review of the linear model, we will develop the asymptotic distribution theory necessary for analysis of generalized linear and nonlinear models
4) We will include also elements of the following estimation methods:
- Instrumental variables estimation
- Maximum likelihood estimation
- Generalized method of moments (GMM) estimation and two step estimation methods.

Lectures and computer labs.

Students who have been admitted to and registered on a course have the right to receive tuition and/or supervision for the duration of the time period specified for the particular course to which they were accepted (see, the university's admission regulations (in Swedish)). After that, the right to receive tuition and/or supervision expires.

For further information, see the university's local examination regulations (in Swedish).

According to the Higher Education Ordinance, Chapter 6, Section 18, a grade is to be awarded on the completion of a course, unless otherwise prescribed by the university. The university may prescribe which grading system shall apply. The grade is to be determined by a teacher specifically appointed by the university (an examiner).

According to regulations on grading systems for first- and second-cycle education (vice-chancellor's decision 2010-10-19, reg. no. CF 12-540/2010), one of the following grades is to be used: fail, pass, or pass with distinction. The vice-chancellor or a person appointed by the vice-chancellor may decide on exceptions from this provision for a specific course, if there are special reasons.

Grades used on course are Fail (U), Pass (G) or Pass with Distinction (VG).

Final Grade
For the concluding grade Pass on the course, a pass in both the Written Examination and Computer Labs is required. For the grade Pass with Distinction, Pass with Distinction on the Written examination and Pass on the Computer Labs is required.

The final grade will be translated into the ECTS grading scale.

For further information, see the university's local examination regulations (in Swedish).

First-cycle courses of 90 credits in statistics, including an independent project of 15 credits, alternatively 30 credits are for studies in statistics and 60 credits for mathematics, as well as the course Statistics, Statistical Theory, second cycle, 7.5 credits, or first-cycle courses of 90 credits in economics, including an independent project of 15 credits as well as courses of 60 credits in statistics and the course Statistics, Statistical Theory, second cycle, 7.5 credits. The applicant must also have qualifications corresponding to the course "English 6" or "English B" from the Swedish Upper Secondary School.

For further information, see the university's admission regulations (in Swedish).

Students who have previously completed higher education or other activities are, in accordance with the Higher Education Ordinance, entitled to have these credited towards the current programme, providing that the previous studies or activities meet certain criteria.

For further information, see the university's local credit transfer regulations (in Swedish).

Required Reading

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