Advanced Course in Econometrics, 5 cr

The main focus is on standard regression analysis. The course focuses on the main assumptions of the least squares method, the problems associated with them and their solutions. In addition, the course introduces the typical simultaneous determination of variables, i.e. endogeneity, and the instrument variable method suitable to be applied in such situations. The third key part of the course is the specific issues related to time series analysis (nonstationary and joint integration) as well as multivariate time series models or VAR models. In the exercises of the course, methods are applied to various materials using econometric software.