The purpose of this unit is to extend econometric techniques and theory beyond the ideal world of the classical linear regression model. It introduces various econometric methods and their properties to analyse more realistic economic phenomena where some of the classical assumptions are most likely to be violated. The topics include: binary-choice models; multi-response models; maximum likelihood estimation; matrix algebra; GLS estimation; instrumental-variable and GMM estimation; unit-root and co integration tests; VECM; and models for panel data. -- Course Website
Instructor: Dr Daehoon Nahm
Prerequisites: 6cp at 200 level including (ECON232 or ECON233 or ECON334)