This course aims at providing the student basic knowledge about relatively advanced regression models and methods that are relevant to applied economists. With a mix of econometric theory and applications the course will develop the student's skills to conduct own empirical research projects.
MSc Programme in Agricultural Economics
MSc Programme in Environment and Development
MSc Programme in Environmental and Natural Resource Economics
MSc Programme in Forest and Nature Management
MSc Programme in Sustainable Forest and Nature Management
The main objective of the course is to provide an introduction
to the more advanced themes in econometric modeling with an
emphasis on application of estimation techniques and statistical
After completing the course it is expected that the student is able to:
- Reflect about the appropriate choice of estimator given certain types of data such as panel data, data with a binary dependent variable and other types of limited dependent variables.
- Reflect about econometric problems and solutions in relation to endogenous regressors.
- Formulate, estimate and interpret results of multiple linear regression models.
- Formulate, estimate and interpret results of econometric models for binary dependent variables.
- Formulate, estimate and interpret results of econometric models for corner solution responses. (Only corners eq. to zero)
- Formulate, estimate and interpret results of econometric models for count data.
- Formulate, estimate and interpret results of linear econometric models for panel data.
- Formulate, estimate and interpret results of linear econometric models with endogenous regressors.
- Understand the concepts of consistency, unbiasedness and asymptotic normality of estimators.
- Understand the concept of prediction, and understand that the calculation of expected values varies between models.
- Understand the concept of endogeneity
- Discuss the results of econometric analyses based on model assumptions and limitations.
- Interpret outcomes of econometric analyses and draw appropriate conclusions.
lectures, own reading, exercises, computer laboratory work, and work with case-reports
Jeffrey M. Wooldridge. Introductory Econometrics: EMEA
The literature is indicative. The exact literature will be announced at Absalon at the beginning of the course.
It is absolutely necessary to have passed a course in statistics
and econometrics with competences corresponding to:
- LMAB10069 Statistical Data Analysis 1
- NIFB14014U Econometrics
Academic qualifications equivalent to a BSc degree is recommended.
- The students get individual written feedback on the three assignments handed in during the course, and joint verbal feedback on each assignment.
- During exercises the students get verbal feedback on their methods and interpretations of results
- The students get verbal feedback on the learing targets during the joint summing up exercises in class.
- 7,5 ECTS
- Type of assessment
Written examination, 4 hours under invigilation
- Type of assessment details
- the written examination counts 100% of the grade.
The course has been selected for ITX exam
See important information about ITX-exams at Study Information, menu point: Exams -> Exam types and rules -> Written on-site exams (ITX)
- All aids allowed
As the exam is an ITX-exam, the University will make computers available to students at the exam. Students are therefore not permitted to bring their own computers, tablets, or mobile phones.
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
Criteria for exam assessment
See Learning Outcome
Single subject courses (day)
- Practical exercises
- Project work
- Course number
- 7,5 ECTS
- Programme level
- Full Degree Master
- Block 1
- No restrictions
The number of seats may be reduced in the late registration period
- Study Board of Natural Resources, Environment and Animal Science
- Department of Food and Resource Economics
- Faculty of Science
- Sinne Smed (6-67766e3c34374465707971726d326f7932686f)
Laura Mørch Andersen
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Courseinformation of students