Macroeconometrics

General data

Course ID:	2400-M2EMMAK
Erasmus code / ISCED:	14.3 The subject classification code consists of three to five digits, where the first three represent the classification of the discipline according to the Discipline code list applicable to the Socrates/Erasmus program, the fourth (usually 0) - possible further specification of discipline information, the fifth - the degree of subject determined based on the year of study for which the subject is intended. / (0311) Economics The ISCED (International Standard Classification of Education) code has been designed by UNESCO.
Course title:	Macroeconometrics
Name in Polish:	Makroekonometria
Organizational unit:	Faculty of Economic Sciences
Course groups:	(in Polish) Przedmioty kierunkowe do wyboru - studia II stopnia EM - grupa 3 (3*30h)
ECTS credit allocation (and other scores):	(not available) Basic information on ECTS credits allocation principles: the annual hourly workload of the student’s work required to achieve the expected learning outcomes for a given stage is 1500-1800h, corresponding to 60 ECTS; the student’s weekly hourly workload is 45 h; 1 ECTS point corresponds to 25-30 hours of student work needed to achieve the assumed learning outcomes; weekly student workload necessary to achieve the assumed learning outcomes allows to obtain 1.5 ECTS; work required to pass the course, which has been assigned 3 ECTS, constitutes 10% of the semester student load. view allocation of credits
Language:	Polish
Type of course:	obligatory courses
Prerequisites (description):	(in Polish) Wymagania wstępne Uczestnicy powinni mieć wcześniej podstawową wiedzę na temat statystyki - statystyki opisowej w zakresie rozumienia pojęć (średnia, odchylenie standardowe, błąd standardowy, itp.) i rozumienia graficznych form przedstawienia (histogram, box-plot, wykres punktowy, itp.), testowanie hipotez i przedziały ufności oraz podstawową znajomość ekonometrii (OLS, autokorelacja, testowania hipotez liniowych itp. Wymagania formalne Statystyka, ekonometria, Założenia wstępne Analiza danych statystycznych
Short description:	The seminar aims to provide you with the practical knowledge of the basic methods used in current macroeconometrics practice. It provides an in-depth introduction to the use of econometric techniques on several macroeconomic issues. The aim of the course is to gain knowledge about the application of econometrics to macroeconomic data. Therefore, each participant will have the opportunity to use these skills in practice. Teams of up to two people will write a research report up to 14 pages on a selected macroeconomic topic. The authors should use the econometric tools shown during the seminar, analyzing the answers to one of the typical macroeconomic issues common in the literature. All teams are required to present their work (max. 15 minutes) after completing the seminar
Full description:	Practical learning of the basic methods used in the current practice of macroeconometrics. The ability to use econometric techniques in macroeconomic analyzes. The scope of the subject will be divided into two main sections: panel methods used in macroeconomics and time series analysis.
Bibliography:	W. Charemza, D. Deadman, Nowa ekonometria, PWE, Warszawa 1997 H. Luetkepohl, New Introduction to Multiple Time Series Analysis, Springer, Berlin 2005 J. M. Wooldridge, Econometric analysis of cross section and panel data, MIT Press 2002 J. Mycielski, Ekonometria, WNE UW, 2009
Learning outcomes:	The aim of the course is to gain knowledge about the use of econometrics in the analysis of macroeconomic data. Therefore, each participant will have the opportunity to use these skills in practice. Teams of up to two people will be asked to write a thesis for 14 pages on a chosen macroeconomic topic. The authors should use the econometric tools shown during the seminar, analyzing the answers to one of the typical macroeconomic issues common in the literature. All teams are required to present their work (max. 15 minutes) after completing the seminar as a presentation. KW01, KW02, KW03, KW04, KW05, KU01, KU02, KU03, KU04, KU05, KU06, KU07, KK01, KK02, KK03
Assessment methods and assessment criteria:	Approved abstract - 25% of the final grade The final version of the work with the prepared macroeconomic model - 50% Presentation - 25% Teams of up to two people will be asked to write a thesis for 14 pages on a chosen macroeconomic topic. The authors should use the econometric tools shown during the seminar, analyzing the answers to one of the typical macroeconomic issues common in the literature. All teams are required to present their work (max. 15 minutes) after completing the seminar as a presentation.

This course is not currently offered.

Course descriptions are protected by copyright.
Copyright by University of Warsaw, Faculty of Economics Sciences.