STATISTICAL MODEL FOR UNDERSTANDING POLITICS: INTRODUCTION TO ECONONOMETRICS - 2018/9

Module code: POL2045

Module Overview

Econometrics is a research tool that involves the application of statistical methods for the analysis and critical evaluation of datasets. Econometrics is used by social scientists, particularly politics, economics, sociology, in order to explore competing hypotheses and generate predictions applied to real world puzzles. This module is designed for Level 5 undergraduate students specializing in politics and economics who want to work with quantitative data, gain a substantive understanding of the theory and practice of econometrics, learn how to use statistical inference and econometric analysis, and build awareness and expertise in testing hypotheses relying on evidence-based research. Understanding econometrics is recognized by economists and quantitative political scientists as an essential skill, which allows students to obtain an understanding and appreciation of econometric research applications, develop the ability to critically evaluate existing econometric research and policy analysis, and gain the skills to identify shortcomings and problems with studies and assess the confidence that should be placed in the proposed recommendations and conclusions.

Module provider

Politics

Module Leader

MIDDLETON AF Dr (Politics)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 5

JACs code: L140

Module cap (Maximum number of students): N/A

Module Availability

Semester 1

Prerequisites / Co-requisites

none

Module content

The course consists of lectures and small-group seminars organized as labs. The lectures provide an introduction to causal inference, quantitative research design, descriptive statistics, probabilities and the normal distribution, hypothesis testing, bivariate regression, multiple regression, problems in multiple regression, binary choice models and a brief overview of more advanced topics. The students will be provided with a dataset that will be used along the course in the seminars or lab sessions where the statistical software Stata is available. The course assessment will be based on a research design (10% of total mark – 1000 words) and two statistical assignments (both 1500 words and 45% of total mark).

Assessment pattern

Assessment type Unit of assessment Weighting
Coursework RESEARCH DESIGN (1000 WORDS) 10
Coursework STATISTICAL ASSIGNMENT I (1500 WORDS) 45
Coursework STATISTICAL ASSIGNMENT II (1500 WORDS) 45

Alternative Assessment

N/A

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate a comprehensive understanding of the main principles of a research design in Social Sciences and be able to successfully apply and describe the concepts covered during the lectures to the research topic of their choice. In addition, students will also have to demonstrate their ability to conduct independent quantitative analysis using Stata, identify the appropriate statistical method to be used to answer specific research questions and interpret the results obtained.

Thus, the summative assessment for this module consists of:

Research Design - 10%

Statistical Assignment I - 45%

Statistical Assignment II - 45%

Formative assessment and feedback

Students will receive written feedback for all the assignments submitted and they can also make use of the office hours discuss further problems related to the module and their content.

Module aims

  • The ability to develop a basic understanding of econometrics at the theoretical┬álevel
  • The hands-on experience of completing practice exercises using Stata
  • The capability to individually engage in applied analysis of cross sectional data.
  • The appreciation of the strengths and problems of different statistical methods

Learning outcomes

Attributes Developed
001 On completion of this module, students should be able to:
002 Read, understand, and evaluate quantitative analysis published in top journals PT
003 Identify the appropriate statistical method to be used to answer specific research questions KCPT
004 Use a variety of statistical methods and tools KCP
005 Perform and interpret quantitative data analysis using Stata KCPT

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Overall student workload

Independent Study Hours: 128

Lecture Hours: 11

Seminar Hours: 11

Methods of Teaching / Learning

The learning and teaching strategy is designed to:

Provide students with the theoretical tools to read, understand, and critically evaluate quantitative analysis published in academic journals and; provide students with the practical skills required to conduct independent quantitative research.

The learning and teaching methods include:

11 x 1hr Lectures, 11 x 1hr seminars and statistical application labs

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

Reading list for STATISTICAL MODEL FOR UNDERSTANDING POLITICS: INTRODUCTION TO ECONONOMETRICS : http://aspire.surrey.ac.uk/modules/pol2045

Programmes this module appears in

Programme Semester Classification Qualifying conditions
Politics and Economics BSc (Hons) 1 Compulsory A weighted aggregate mark of 40% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2018/9 academic year.