Module: Applied Econometrics (4201-430)

Persons:

• Prof. Dr. Christine Wieck (verantwortlich)

Degree Program:

• Agricultural Sciences - Agricultural Economics (Master, since 01.10.2014)
  1. Semester, compulsory
• Bioeconomy (Master, since 01.10.2014)
  3. Semester, elective
• Bioeconomy (starting WS 16/17) (Master, since 01.04.2017)
  3. Semester, elective

Relation to other Modules:

This module is important for all students who want to carry out empirical economic research and policy analysis.

Prerequisites for Attendance:

For this module you must have a solid background in statistics and a good understanding of microeconomics. Successfully completed courses in both of these subjects at the undergraduate level are essential and assumed. Please take this seriously. You will not have the opportunity during the blocked module to review and improve your basic knowledge.

Sprache:

English

ECTS:

6 credits

Frequency:

every winter semester

Length of the Module:

1 semester

Module examination:

written test and homework assignment

Workload:

56 h presence + 104 h preparation at home + exam = 160 h workload

Professional competences:

Students are familiar with multiple regression models and selected topics in econometrics. They know how to handle data sets and carry out standard econometric analyses in the agricultural and food sector, using modern statistical software.

Key competences:

Students will acquire a competency in econometrics as it is applied to agricultural economics. Specifically, students will learn how to use econometric models and make assumptions for real life situations. They will be able to reach empirically based conclusions and communicate them effectively using statistical and econometric tools. Students will be trained in critical and analytical econometric thinking, enabling them to competently use their technical knowledge

Courses