EconometricsModule Details

Module Description

This module introduces students to the area of econometrics, the techniques involved applying the theory behind it, and how the discipline can help future managers to be successful in their duties.

Module Aims

The aim of the module is to introduce students to econometric theory and techniques.

Module Learning Outcomes

After completion of the module students should be able to:

1. Relate the econometric approach to economic theory.
2. Explain how econometrics are used for testing economic theory and models
3. Apply econometric models to business scenarios
4. Analyse economic models
5. Explain the econometric modelling process in the economic theory.