Agricultural
University of Athens
Department of Regional
& Economic Development

[6424] Econometrics I

Course Content

Regression analysis, Bivariate and multivariate regression analysis. Assumptions of the normal, classical linear model, Induction and problems, Multicollinearity, Heteroscedasticity, Autocorrelation, Nonlinear models, Qualitative response models, Panel data and time series models, Simultaneous equation models and methods, Forecasting

Learning results

The learning outcomes of the course are:

For students to understand the nature of regression analysis and to be able to interpret bivariate and multivariate analysis results.

Understand and apply the normal linear regression model, make hypothesis tests and make predictions.

Understand and apply diagnostic tools for residue control.

To propose solutions to correct problems presented by the respective data and which have the consequence of violating the assumptions of the normal linear model.

To know and solve the problems of multicollinearity, heteroscedasticity and autocorrelation.

Know basic modeling principles and be able to apply non-linear models.

Know what quality response models are and apply them where necessary.

Know and apply panel data regression models

Know and apply basic time series concepts and tools and make forecasts.

Know basic regression routines and tools in Excel or R.

Bibliography

1. Gujarati, D.N. και Porter, D.C. (2017). ΟΙΚΟΝΟΜΕΤΡΙΑ, ΑΡΧΕΣ ΚΑΙ ΕΦΑΡΜΟΓΕΣ, 5η έκδοση, Εκδόσεις Τζιόλα, ISBN: 978-960-418-382-1 2. Maddala, C.S. (2008). Introduction to Econometrics, Wiley Publications, 3η έκδοση 3. Asteriou, D., Hall, G.S. (2018). Εισαγωγή στην Οικονομετρία, Εκδόσεις Προπομπός, ISBN: 9786185036331 4. Wooldridge, J. (2013). Εισαγωγή στην Οικονομετρία, μια σύγχρονη προσέγγιση, Εκδόσεις Παπαζήση 5. Χάλκος, Χ.Ε. (2011) Οικονομετρία, Εκδόσεις Gutenberg

Educational Staff

Angeliki Menegaki

2265072268
amenegaki@aua.gr
Dr Angeliki N Menegaki is a Full Professor of Applied Economics in […]

NEWSLETTER

Incorporated into the Agricultural University of Athens (AUA), Law 4589 - Government Gazette 13/A/29.01.2019. Originally it belonged to the School of Management and Economics of the former Technical University of Central Greece. It is located in Amfissa, Phocis.
The address of the Department is: New building, Nea Polis, Amfissa, P.O. Box 33100
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