ECO202 APPLIED CONOMETRICS

Trimester 1 2020

Unit Guide
 ECO202 APPLIED ECONOMETRICS
TREMESTER 1 2020

UNIT DETAILS
Unit code ECO202 Unit name APPLIED ECONOMETRICS

CONTACTS

Ms. VU Phuong Linh

ISB Unit Coordinator 17 Pham Ngoc Thach, Ward 6, District 3, HCM City

[email protected]

Dr DOAN Anh Tuan

Email: [email protected]
UEH Convenor/
Teaching Academic Consultation arrangements: Please liaise directly with the academic
teaching this unit regarding appropriate consultation times. It is
usually best to make contact with these staff via email.

Mr. NGUYEN Hong Ngoc

Unit Academic Tutor 17 Pham Ngoc Thach, Ward 6, District 3, HCM City

Email: [email protected]

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Contents

Submission 11
Unit information 2 Referencing and citation requirements 11
An introduction to this unit 2 Assignment cover sheet 11
Textbook requirements 2 Turnitin 11
Self-Plagiarising 12
Attendance requirements 2
Late submission 12
Online Learning Requirements 2
Extension of due date for submission 12
Special requirements 2
Resubmission 12

Assessment information 3 Teaching and Learning activities 13

Unit Learning outcomes 3
Approach to Learning 3 Learning resources 17
Assessment summary 4 Overview of learning resources 17
Feedback on Assessment 4
Prescribed textbook 17
Assessment 1: Mid-semester examination 5 Essential readings 17
W eight 5 Additional readings 17
Type of colla boration 5 Online Resources 18
Due 5
Week 7 5 Class Policies and Rules 19
Subm ission 5
What is expected of you 19
Form at 5
Workload 19
Length 5
Student responsibilities and conduct 19
Curriculum mode 5
What you can expect from the teaching team 20
Overview 5
Key policies 20
Marking criteria: 5
Assessment 2: Research Project 6 Academic integrity 20
Weight 6 Raising concerns 21
Type of collaboration 6
Due 6
Week 14, Sunday 26 April 2020 at 23:59 6
Submission 6
Format 6
Length 6
Curriculum mode 6
Overview 6
Marking Criteria 6
Assessment 3: Practical Exercises 9
Weight 9
Type of collaboration: 9
Due 9
Length 9
Curriculum mode 9
Overview 9
Assessment 4: Final examination 10
Weight 10
Type of collaboration 10
Due 10
Format 10
Length 10
Curriculum mode 10
General assessment requirements 11

Edition: ISB TR1 2020

 ECO202 APPLIED ECONOMETRICS
TREMESTER 1 2020

Unit information
An introduction to this unit
Applied Econometrics examines regression analysis and its use in business especially in
economics, finance and accounting. Topics will include the properties of estimators, hypothesis
testing, specification error, multicollinearity, dummy variables, heteroskedasticity, serial
correlation. It also introduces other modelling techniques in finance and economics. Empirical
assignments undertaken by the student form an integral part of the unit. The emphasis is on
learning by doing in small group workshops.

Textbook requirements
Wooldridge, J.M (2016), Introductory Econometrics: A Modern Approach, 6 th Edition, South-
Western Cengage Learning.

Attendance requirements
It is recommended that students attend all scheduled classes in order to succeed in this unit.
ISB policy requires students to enter electronic finger print before entering the classes. Please
let your lecturer and/or ISB know if you are unable to attend any session.

Online Learning Requirements

Unit materials will be made available on the unit’s E-Learning (E-Learning) site
(https://elearning.isb.edu.vn). You are expected to consult E-Learning at least twice a week, as
all unit announcements will be made via E-Learning. Teaching and learning materials will be
regularly updated and posted online by the teaching team.

Special requirements
Essential Equipment:
Not Applicable
Legislative Pre-Requisites:
Not Applicable

Changes to Unit as a Result of Past Student Feedback

The University values student feedback in order to improve the quality of its educational
programs. The feedback provided helps us improve t eaching methods and units of study. The
survey results inform unit content and design, learning guides, teaching methods, assessment
processes and teaching materials.
You are welcome to provide feedback that is related to the teaching of this unit. At the end of
the semester you will be given the opportunity to complete a Student Feedback on Unit (SFU)
questionnaire to assess the unit. You may also have the opportunity to complete a Student
Feedback on Teaching (SFT) questionnaire to provide feedback for i ndividual teaching staff.

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Assessment information
Unit Learning outcomes
Applied Econometrics examines regression analysis and its use in business especially in
economics, finance and accounting. Topics will include the properties of estimators, hypothesis
testing, specification error, multicollinearity, dummy variables, heteroskedasticity, and se rial
correlation. It also introduces other modelling techniques in finance and economics. Empirical
assignments undertaken by the student form an integral part of the unit. The emphasis is on
learning by doing in small group workshops.
The table below outlines the unit learning outcomes (ULOs) for this unit. Upon completion of this
unit, students will be able to: The table below outlines the unit learning outcomes (ULOs) for
this unit. Upon completion of this unit, students will be able to:

1. Apply the basic elements of econometric modelling and forecasting.

2. Demonstrate how standard computer software may be used to analyse simple

financial and economic problems with a statistical package.

3. Demonstrate “hands-on” experience in constructing econometric models.

4. Define business problems and analyse using appropriate quantitative

techniques.

Approach to Learning
To achieve the outcomes for this unit, the teaching will focus on both the theoretical and practical
components of econometrics modelling. The students are to review concepts learned in
Statistics for Business prior to lecture 1. The concepts are further discussed in Readings 1 and
2. Students are strongly encouraged to read the various Readings before coming to lectur es and
Pracs and to attempt all multiple choce questions posted on E-Learning and also those
distributed in lectures and prac sessions.
The emphasis on application is reflected in a major focus on experiential learning. This is
reflected in a major computer based research reports, which requires student groups to solve
an economic, social or financial problem of their choice. As well, tutorials will make extensive
use of real data set and real world problems.

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Assessment summary
The assessment items in this unit are designed to enable you to demonstrate that you have
achieved the unit learning outcomes. Completion and submission of all assessment items which
have been designated as mandatory or compulsory is essential to receive a passing grade.

ASSESSMEN ASSESSMENT ITEM AND DUE DATE LEARNING VALUE

T NUMBER OUTCOMES (/100)

1. Mid-semester examination 1,4 20%

Due: Week 7

2. Research Project 1-3 20%

Proposal Due: Week 3
(Thursday 20th February 2020)
Final Project Due: Week 14
Sunday 10th May at 23:59 on E-Learning

3. Practical exercises (12 in total, should 1, 2 10%

complete at least 6)

4. Final exam 1-4 50%

Due: During formal examination period

 Note: Assessments in this unit have been developed to collect evidence of student attainment
of learning outcomes.
The summary table above shows which assessment tasks are used to assess unit and course -
level learning outcomes.
 Note: To pass this unit you must:
 Complete all assessment items
 Achieve an overall mark of at least 50 per cent

 Note: It is recommended that students complete all available assessment elements in order
to maximise marks. An automatic Fail Non - Submission grade will be awarded if any assessment
task is not submitted/completed as per the details specified.

Feedback on Assessment
Feedback is an important part of the learning process that can improve your progress to wards
achieving the learning outcomes. Feedback is any written or spoken response made in relation
to academic work such as an assessment task, a performance or product. It can be given to you
by a teacher, an external assessor or student peer, and may be given individually or to a group
of students. As a International School of Business student, it is your responsibility to seek out
and act on feedback that is provided to you as a resource to further your learning.
 Note: Before you receive your results for each piece of assessment they may be moderated.
Moderation is a process whereby the unit coordinator regulates the marking of individual markers
to achieve consistency in the application of unit objectives, performance standards and marking
criteria. You should note that, consistent with the Criteria and Standards Based Assessment
policy, the final marks for the cohort may be also adjusted if marks are very high or low or there
are inconsistencies between teams. Marks for an individual piece of assessme nt will not be
changed after you have your moderated results.

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Assessment 1: Mid-semester examination

W eight
20%
Type of collaboration
Individual
Due
Week 7
Submission
In-class
Format
The mid-session examination will take the form of 30 multiple choice questions, involving
evaluation of statistical models and techniques in finance and economics, hypotheses tests and
calculations of statistics. Students will have 90 minutes to complete the mid -session exam.
There will be no supplementary mid-session exam. Students who miss the exam because of
valid medical or other personal reasons will need to apply officially for special consideration.
Special consideration is given to students whose performance during the teaching session, in
an assignment or in an exam has been affected by serious misadventure, accident or extenuating
circumstances beyond their control. Applying for and receiving special consideration means that
those circumstances are taken into account when we calculate your grade.
A student whose request for special consideration is approved will have the weighting of his/her
final exam increased on a pro rata basis to account for the missed mid -session exam.
The exam will not be handed back to students; however the exam results will be discussed in
class in the following week’s class. Students who wish to dispute their mark should take up the
matter with the unit coordinator.
Length
90 minutes
Curriculum mode
Multiple choice
Overview
The mid-session quiz will be held at the beginning of the lecture class in Week 7 (week beginning
Monday, 16 March 2020) of the session. Unless otherwise advised, it will be held in the usual
classroom. The mid-session examination will cover material up to and including the lecture
material presented in class in Week 6.
Marking criteria:
Students must be able to produce the correct answer.

STANDARD One mark will be awarded for each question answered correctly in the mid -
semester exam. Missing and incorrect answers will be awarded zero. No
marks will be deducted for incorrect answers

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Assessment 2: Research Project

W eight
20%
Type of collaboration
Group
Due
Week 14, Sunday 10 May 2020 at 23:59
Submission
Via E-Learning
Format
Group report will follow the structure of an econometrics paper. The project should open with a
concise introduction which clearly states the objectives of the analysis.
This should be followed by a discussion of the theoretical framework of the model, th e
development of the theoretical model and how it is used to test the specified hypotheses for the
particular project given the group. This discussion should also contain the importance of the
hypotheses for various markets or economies.
The theoretical model should then be followed by a section on the empirical model, how it relates
to the theoretical model, and how it is to be estimated. An account should also be made here of
how the empirical model has been designed to test the fundamental hypotheses se t for the
project.
The project must also contain a clear and concise description of the data and data sources. This
will also include relevant descriptive statistics and description of data transformations necessary
for model estimation.
A section on empirical results must be included in the project. This should contain complete
descriptions of statistical results reported in neatly designed tables compiled by the students.
The tables should only contain outcomes relevant to the project and should not ove r report or
replicate statistics.
Clear reference must be made here to relevant null hypotheses and how test outcomes do or do
not support the null. The report should end with concluding remarks summarising the work and
pointing to its strengths and weaknesses.
A separate Research Report handbook will be made available on E-Learning.
Length
Up to 10 pages (3,000 word equivalency)
Curriculum mode
Report
Overview
Group assignment will develop the quantitative skills and also test the application of various
theoretical concepts. Learning cooperatively with peers may help students to develop
interpersonal, professional, and cognitive skills to a higher level. Groups will be asked to
submit a research proposal in Week 3 of session (23.59 Thursday 20 February 2020). A list
of approved research projects topics will be posted in Weeks 5 -6. The last day to change groups
is on the 20 February 2020. No other arrangements will be accepted after that. The completed
research report is due on Sunday, 10 May 2020.
Marking Criteria

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CRITERION Present information in the form of an empirical research paper.

STANDARD The report uses appropriate structure and format, includes required
components, and draws convincing conclusions supported by empirical results.

Marking guides are to be submitted with your assessment and can be printed from the
E-Learning site for this unit.

CATEGORY BELOW STANDARD MEETS STANDARD ABOVE STANDARD

Introduction There is no introduction The introduction The introduction provides

or it fails to describe the includes a description of a complete and concise
objectives of the work. the objectives. description of the
objectives.

Theoretical There is no clear There is a description of A clear and analysis of

model description of the the theoretical model the fundamental
theoretical model and and its relevance to the theoretical model is
its relevance. empirical question. undertaken with
numbered sequential
suitably and clearly
annotated. Reference is
clearly made to how the
theoretical model is
germane to the empirical
questions asked in the
project.

Econometric Unclear, incomplete or There is a description of Clear and

Model missing description of the empirical model and comprehensive
the empirical model, its how it is used. description of the
use and tests. empirical model is given,
how it stems from the
theoretical model and
how the empirical model
has been adapted to
facilitate the required
hypotheses tests.
Appropriate use is made
of numbered sequential
and suitably annotated
equations is made.

Data Poor or no reference to A description of base Clear account of data;

base data and sources. data and required their sources, and well
No description of transformations. documented and
transformation and presented descriptive
variables used. statistics with figures and
tables. Clear exposition
of necessary data
transformations and the
resultant variables used
in the analysis.

Empirical results Not clear, missing or not Clearly stated and A clear and detailed
based on the results of based results of the account of empirical
the analysis. Reporting analysis. results showing
of irrelevant statistics or adequate reporting of
statistics and hypotheses

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CATEGORY BELOW STANDARD MEETS STANDARD ABOVE STANDARD

repetitive reporting of tests. Accompanied by
rival statistics and tests. appropriate well
designed tables.

Structure Disjointed report with A continuing report with Clear logical flow which
simply a series of sections following each demonstrates
individual and unrelated other adequately. cooperative teamwork
individual contributions. and where all members
participated in the final
composition of all parts
of the report.

Referencing Citations are not Correctly formatted Correctly formatted

included or are not citations are included citations are included
correctly formatted or where appropriate, all where appropriate, all
included in the citations are included in citations are included in
reference list. There is the reference list, all the reference list, all
no reference list or references are cited in references are cited in
the reference list is not the report and the the report and the
correctly formatted. reference list is reference list is correctly
There are more than correctly formatted. formatted. References
one or two minor errors There may be one or are academic references
in formatting. two, minor errors in and not sourced from the
formatting. internet.

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Assessment 3: Practical Exercises

W eight
10%
Type of collaboration:
Individual
Due
These quizzes will open after the the lecture and stay open till one day before the next lecture
(11:59pm).
Length
10 questions each
Curriculum mode
Multiple choice Quizzes
Overview
Students are to complete 12 on-line multiple quizzes on E-Learning. You are only allowed to do
one attempt. Please remember to submit all attempts. Do not close a quiz without submitting.
You need to attempt all quizzes to get the mark, the highest 6 will be recorded and will account
for 6 percent of your total practical mark. Each time you open the quiz, you will be given 10
multiple-choice questions at random from a larger set of questions. Upon submission of the quiz,
you will immediately be able to see your score and the correct answers.
The other 4 percent will come from group work done in class. The quizzes a nd workshop group
exercises will give you a good indication of how well you understand the material each week.
They will also help prepare you for the mid-session and final exam.

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Assessment 4: Final examination

W eight
50%
Type of collaboration
Individual
Due
During formal examination period
Format
The final examination will comprise of two sections: Section A and Section B.
Section A
This section will contain form of 20 multiple choice questions, involving evaluation of statistical
models and techniques in finance and economics, hypotheses tests and calculations of
statistics.
Section B
This section will comprise two subsections. The questions will either, require analysis of results
tables of models similar to, but not necessarily repeating, those es timated in the unit workshops.
Length
3 hours
Curriculum mode
End of session exam

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General assessment requirements

Submission
– All assignments must be submitted by the specified due date and time.
– Complete your assignment and follow the individual assessment item instructions on how
to submit. You must keep a copy of all assignments submitted for marking.
Referencing and citation requirements
This unit uses the American Psychological Association (APA) referencing style. Full details and
examples are available on the Library website.
Assignment cover sheet
You are to keep a copy of all assessments submitted for marking.
Submission through E-Learning and Turnitin indicates your acknowle dgement and acceptance
of the work being your own. Some assessments may be required to be submitted with an
assignment cover sheet (check the submission requirements section for each assessment). In
these instances, links to assignment cover sheets can be located in your E-Learning site.
Group assignments are to be submitted with a group assignment cover sheet indicating the
names of all group participants. Some units may also require you to submit a peer evaluation of
group member participation. This may b e conducted online or in hardcopy format. Details will be
provided via the E-Learning site.
Turnitin
The Turnitin plagiarism prevention system may be used within this unit. Turnitin is accessed via
logging into E-Learning for the unit. If Turnitin is being used with this unit, this means that your
assignments have to be submitted through the Turnitin system. Turnitin from iParadigms is a
web-based text-matching software that identifies and reports on similarities between documents.
It is also widely utilised as a tool to improve academic writing skills. Turnitin compares
electronically submitted papers against the following:
– Current and archived web: Turnitin currently contains over 24 billion web pages including
archived pages.
– Student papers: including International School of Business student submissions since
2007
– Scholarly literature: Turnitin has partnered with leading content publishers, including
library databases, text-book publishers, digital reference collections and subscription -
based publications (e.g. Gale, Pro- quest, Emerald and Sage)
Turnitin is increasingly seen as an industry standard. It is an important tool to assist students
with their academic writing by promoting awareness of plagiarism. By submitting your
assignment to Turnitin you will be certifying that:
– I hold a copy of this assignment if the original is lost or damaged
– No part of this assignment has been copied from any other students’ work or from any
other source except where due acknowledgement is made in the assignment
– No part of the assignment has been written for me by any other person/s
– I have complied with the specified word length for this assignment
– I am aware that this work may be reproduced and submitted to plagiarism detection
software programs for the purpose of detecting possible plagiarism (which may retain a
copy on its database for future plagiarism checking).

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Self-Plagiarising
You are to ensure that no part of any submitted assignment for this unit or product has been
submitted by yourself in another (previous or c urrent) assessment from any unit, except where
appropriately referenced, and with prior permission form the Lecturer/Tutor/Unit Co -ordinator of
this unit.
Late submission
– If you submit a late assessment, without receiving approval for an extension of time,
(see next item), you will be penalised by 10% per day for up to 10 days. In other words,
marks equal to 10% of the assignment’s weight will be deducted from the mark awar ded.
– For example, if the highest mark possible is 50, 5 marks will be deducted from your
awarded mark for each late day.
– Saturday and Sunday are counted as one calendar day each.
– Assessments will not be accepted after the marked assessment task has been re turned
to students.
Extension of due date for submission
Extensions are only granted in exceptional circumstances. To apply for an extension of time,
locate an application form via the International School of Business homepage or copy the
following link: https://www.elearning.isb.edu.vn
Application forms must be submitted to the Unit Coordinator. Requests for extension should be
made as early as possible and submitted within policy deadlines. Appropriate, su pporting
documentation must be submitted with the application. An application for an extension does not
automatically mean that an extension will be granted. Assessments will not be accepted after
the marked assessment task has been returned to students.
Application for Special Consideration
It is strongly recommended that you attend all scheduled learning activities to support your
learning. If you have suffered misadventure, illness, or you have experienced exceptional
circumstances that have prevented your attendance at class or your completion and submission
of assessment tasks, you may need to apply for Special Consideration via the International
School of Business website. http://www.isb.edu.vn or the Student Centre. Special Consideration
is not automatically granted. It is your responsibility to ensure that any missed content has been
covered. Your lecturer will give you more information on how this must be done.
Resubmission
Resubmission of assessment items will not normally be granted if requested.

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Teaching and Learning activities

ISB teaching and learning activities consist of 15 sessions and begins on Monday, 06 January 2020.
Vietnamese Lunar New Year will be from 20th January to 2nd February 2020.
SESSION TOPIC PREPARATION ASSESSMENTS DUE

Week 1 Lecture  Introduction of the nature of Wooldridge (2016),

06 - 12 economics and economic data; Chapter 1
Jan 2020  Research project introduction; Slides
 Team formation. Team Slides supplements
strengths. Managing teams over Learning guide
the tremester. Schedule
Tutor  Statistics review Slides supplements - Practical exercises (12 in
total, should complete at
least 6)
Week 2 Lecture  Regression analysis with cross Wooldridge (2016),
13 – 19 section data (the simple Chapter 2
Jan 2020 regression model); Slides
 Proposal writing guidance; Slides supplements
 Paper reading list; Academic papers
 Use cite while you write: Endnote package
Reference tool guide.

Tutor Problems solving and computer Wooldridge (2016), - Practical exercises (12 in
excercies: Chapter 2 total, should complete at
 Properties of OLS, and unit of Stata package least 6)
measurements
 Expected values and variance of
the OLS estimators
Week 3 Lecture  Multiple regression analysis: Wooldridge (2016), Assessment 2:
17 – 23 Estimation and interpretation Chapter 3
Proposal submission
Feb 2020  Efficiency of OLS: The Gauss- Slides
Markov theorem; Slides supplements
 Proposal review and comments Stata package
Academic papers
Tutor Problems solving and computer Wooldridge (2016), - Practical exercises (12 in
excercies: Chapter 3 total, should complete at least
 Mechanics and interpretation of Stata package 6)
OLS
 Including irrelevant variables in a
regression
 Omitted variable bias
Week 4 Lecture  Multiple regression analysis: Wooldridge (2016),
24 Feb – Testing Hypotheses with t-test Chapter 4
01 Mar  Proposal presentation Slides
2020 Slides supplements
Stata package
Tutor Problems solving and computer Wooldridge (2016), - Practical exercises (12 in
excercies: Chapter 4 total, should complete at least
 Testing hypothesis with t-test Stata package 6)

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Week 5 Lecture  Multiple regression analysis: Wooldridge (2016),

02 – 08 Testing Hypotheses with p-value Chapter 4
Mar 2020 and confidence intervals Slides
 Testing multiple linear Slides supplements
restrictions: The F-test
Academic papers
 Problem of multicollinearity Stata package
 Writing research report:
Introduction section
Tutor Problems solving and computer Wooldridge (2016), - Practical exercises (12 in
excercies: Chapter 4 total, should complete at least
 Testing Hypotheses with p-value Academic papers 6)
and confidence intervals Stata package
 Writing Introduction section:
review
Week 6 Lecture  Effects of data scalling Wooldridge (2016),
09 – 15  More estimations on functional Chapter 6
Mar 2020 form Slides
 Prediction and residual analysis Slides supplements
Writing research report: Academic papers
Literature review section Stata package
Tutor Problems solving and computer Wooldridge (2016), - Practical exercises (12 in
excercies: Chapter 6 total, should complete at least
 Using logarithmic functional Stata package 6)
forms
 Regression with quadratics
models
Regression with interaction
terms
Week 7 Tutor  Review and discussion session Wooldridge (2016),
16 – 22 Chapters 1 – 6
Mar 2020 Slides
Slides supplements
Tutor  Mid semester examination Assessment 1: Mid
semester examination
Week 8 Lecture  Using single dummy Wooldridge (2016),
23 – 29 independent variables Chapter 7
Mar 2020  Using dummy variables for Slides
multiple categories Slides supplements
 Interactions involving dummy Academic papers
variables Stata package
 Regression with a binary
dependent variable
 Writing research report: Data
and methodology
Tutor Problems solving and computer Wooldridge (2016), - Practical exercises (12 in
excercies: Chapter 7 total, should complete at least
 Interpreting coefficients on Stata package 6)
dummy explanatory variables
 Regression with ordinal dummy
variables
 Interactions among dummy

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varaibles
 Regression and coefficient
interpretation with binary
dependent variable
Week 9 Lecture  Consequences of Wooldridge (2016),
30 Mar – heteroskedasticity for OLS Chapter 8
05 Apr  Testing for heteroskedasticity Slides
2020
 WLS and GLS estimations Slides supplements
 Writing research report: Academic papers
Empirical results Stata package
Tutor Problems solving and computer Wooldridge (2016), - Practical exercises (12 in
excercies: Chapter 8 total, should complete at least
 Robus LM test Stata package 6)
 White test
 Regression and coefficient
interpretation with WLS and GLS
Week 10 Lecture  Regression analysis with time Wooldridge (2016),
06 – 12 series data Chapter 10,
Apr 2020  Regression analysis with panel Chapter 14
data Stata package
 Final report discussion Slides supplements
 How to write an academic paper Class notes
Academic papers
Tutor Problems solving and computer Wooldridge (2016), - Practical exercises (12 in
excercies Chapter 10 total, should complete at least
 Trends and Seasonality Stata package 6)
 Time series regression model
Week 11 Lecture More on specification and data Wooldridge (2016),
13 – 19 issues Chapter 9,
Apr 2020  Testing for functional form Chapter 15
misspecification Slides
 Testing for unobserved Slides supplements
explanatory variables Academic papers
 Endogeneity problem and Stata package
alternative solutions
 Writing research report: Abstract
and Conclusion
Tutor Problems solving and computer Wooldridge (2016), - Practical exercises (12 in
excercies: Chapter 9, total, should complete at least
 RESET test Stata package 6)
 Using lagged dependent variable
as proxy variables
Week 12 (no Final report revision
20 – 26 lecture)
Apr 2020
Tutor Applying panel data methods Wooldridge (2016), - Practical exercises (12 in
Chapter 14 total, should complete at least
Stata package 6)

Week 13 Lecture Group presentations Class notes

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27 Apr – Tutor  Testing for Endogeneity Wooldridge (2016), - Practical exercises (12 in
03 May  Applying IV methods Chapter 15 total, should complete at least
2020 Stata package 6)

Week 14 (no Final project submission Assessment 2: Final

04 – 10 lecture) project submission
May
2020 Tutor Review and discussion session Wooldridge (2016),
Chapters 7 – 15
Slides
Slides supplements
Week 15 (no Final semester examination Assessment 4: Final exam
11 – 17 lecture)
May
2020

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Learning resources
Overview of learning resources
Prescribed Wooldridge, J.M (2016), Introductory Econometrics: A Modern Approach , 6th
textbook Edition, South-Western Cengage Learning.

Essential
readings

Additional – Ait-Sahalia, Y & Hansen, LP 2010, Handbook of financial econometrics, North-

readings Hollan/Elsevier, Amsterdam; Boston.
– Asteriou, D & Hall, S 2007, Applied econometrics: a modern approach , Palgrave,
Macmillan.
– Baltagi, BH 2011, Econometrics, Springer-Verlag Berlin Heidelberg, Berlin,
Heidelberg.
– Barreto, H, Howland, FM & MyiLibrary 2006, Introductory econometrics using
Monte Carlo simulation with Microsoft Excel , Cambridge University Press,
Cambridge; New York.
– Bowerman, BL & O’Connel, RT 1993, Forecasting and time series: an applied
approach, 3rd edn, Duxbury, Belmont.
– Carter Hill, R, Griffiths, WE & Judge, GG 2001, Undergraduate econometrics,
2nd edn, Wiley.
– Carter Hill, R, Griffiths, WE & Judge, GG 2008, Principles of econometrics, 3rd
edn, Wiley.
– Dougherty, C 2002, Introduction to econometrics, Oxford University Press,
London.
– Greene, WH 2012, Econometric analysis, 7th edn, Pearson series in economics,
Pearson Education, Boston, MA.
– Gregoriou, GN, Pascalau, R & Palgrave, C 2011, Financial econometrics
modelling market microstructure, factor models and financial risk measures ,
Palgrave Macmillan, Basingstoke.
– Gujurati, DN & Porter, DC 2009, Basic econometrics, 5th edn, McGraw-Hill
International, New York.
– Halcoussis, D 2005, Understanding econometrics, Thomson South-Western,
Australia.
– Kacapyr, E 2011, Introductory econometrics for undergraduates: a student’s
guide to the basics, ME Sharpe, Armonk, NY.
– Lardaro, L 1993, Applied econometrics, Harper Collins College Publishers,
Rhode Island.
– Lee, MJ & SpringerLink 2010, Micro-econometrics methods of moments and
limited dependent variables, Springer-Verlag New York, New York, NY.
– Levine, DM, Stephan, D, Krehbiel, TC & Berenson, ML 2002, Statistics for
managers using Microsoft Excel, 3rd edn, Prentice Hall International Inc., New
York.
– Maddala, GS 2000, Introductory econometrics, Prentice Hall Englewood Cliffs,
New Jersey.
– Mikosch, T, Kreiß, JP, Davis, RA, Andersen, TG & SpringerLink 2009, Handbook
of financial time series, Springer-Verlag Berlin Heidelberg, Berlin, He idelberg.

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– Mills, TC & Patterson, K 2009, Palgrave handbook of econometrics v.2 applied

econometrics, Palgrave Macmillan, Basingstoke.
– Patterson, K 2000, An introduction to applied econometrics: a time series
approach, Macmillan Press, London.
- Pindyck, RS & Rubenfeld, DL 1998, Econometric models and econometric
forecasts, 4th edn, McGraw Hill International Editions, Singapore.
– Ramanathan, R 1998, Introductory econometrics with applications , 4th edn,
Dryden Press (Harcourt Brace).
– Schmidt, SJ 2005, Econometrics, McGraw-Hill Irwin, Boston.
– Stock, JH & Watson, MW 2007, Introduction to econometrics, 2nd edn, Pearson
International Edition.
– Studenmund, AH 2006, Using econometrics: a practical guide , 5th edn, Pearson
International Edition.
– Tsay, RS 2010, Analysis of financial time series, 3rd edn, Wiley, Hoboken, NJ.
– Zax, JS 2011, Introductory econometrics: intuition, proof, and practice , Stanford
Economics and Finance, Stanford, California.

Online E-resources
Resources
- ProQuest:
http://search.proquest.com/login
- Username: UEHCMC2010
- Password: thuvien0810
See also e-resources page: http://elearning.isb.edu.vn

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Class Policies and Rules

What is expected of you
W orkload
In order to optimise the value of your learning, it is strongly advised that you prepare before
each session, enthusiastically participate in each session, and then reflect on each session. The
amount of time spent out of class will vary for each individual, depending on competencies and
proficiency in any area. Effective learning requires interaction between you, your instructor, and
your peers.
The better prepared you are before each session the greater the learning va lue due to more
focused questions and discussions. In addition, reflecting on what you have learned is an
important process for you to confidently apply your newly learned skills.
Student responsibilities and conduct

Student Check your unit E-Learning site on a regular basis and each week complete any
responsibilities required preparatory work before attending class.
Ensure that you receive all messages sent to your student email address and check
your email daily. This is the primary means b y which the University communicates
important information to you.
Attend and participate in all classes – failure to engage in classes often leads to
poor results.
Familiarise yourself with University policies on assessment and examinations.
Ensure that you understand the requirements, including timetables, for examinations
and other assessments tasks.
Ensure you read and understand the assessment requirements and note the
submission dates. Seek assistance from teaching staff when needed.
Notify relevant staff (e.g. unit coordinator, welfare officer) as soon as possible prior
to, or at the beginning of, the semester to accommodate special requirements.
Submit individual and unassisted assessment work, except as otherwise permitted.
Cheating, plagiarism, fabrication or falsification of data will be severely dealt with.
Behave ethically and appropriately, avoiding any action or behaviour which would
unfairly disadvantage or advantage another student. Where group work is assigned,
ensure that every group member has the opportunity to contribute in a meaningful
way.

Student conduct Pay attention and actively engage in classes. Engagement is critical to success and
and behaviour classes provide key information for all examinable material.
Respect the needs of other students who are participating in any class activities.
Use electronic devices in class only as directed by teaching staff to participate
effectively in learning activities – not for social media, surfing the net or checking
email.
Use online communication tools constructively. Communication tools are used for
learning material and for interaction between students and between teaching staff
and students. Inappropriate usage may be considered as a form of ‘misconduct’.
If issues arise with other students, or teaching staff, please see the unit coordinator
in the first instance rather than broadcasting your concerns in a public forum.

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What you can expect from the teaching team

Academic staff carry out their teaching responsibilities under the authority of the Dean of the
School of Business. The responsibilities of staff are outlined below.

Staff Assess students’ work fairly, objectively and consistently and when in doubt consult
responsibilities with the unit coordinator or Director of Academic Program.
Provide students with appropriate, helpful and explanatory feedback on all work
submitted for assessment.
Make reasonable accommodation (e.g. length of time to complete) in assessment tasks
and examinations for students with special requirements and to seek assistance from
the Disability Advisor and Counsellor where appropriate and needed.
Ensure deadlines for the submission of examination papers to the Academic Registrar
are met.
Immediately report to the unit coordinator any instances of student cheating, collusion
and/or plagiarism.

Staff code of Act in good faith and with honesty, integrity, transparency and impartiality.
conduct Act with diligence and responsiveness and treat other University members with
fairness, respect and courtesy and without discrimination or harassment.
Foster and protect the reputation of the University.
Carry out duties as best you can within your delegated authority, constantly enhancing
your professional knowledge.
Be accountable for all actions and decisions, providing d ocumentation and sound
reasons for them.
Not act in a manner that inhibits another person from fulfilling the requirements of their
position.
Respect the confidentiality of entrusted information.
Be alert to issues of conflict of interest and take action t o declare and avoid them.
Use University resources properly and in accordance with work health and safety
obligations.
Report all fraud and corrupt conduct.

Key policies
All policies that apply to you as a International School of Business student can be located online
at www.isb.edu.vn
In particular it is essential that you are familiar with assessment policies and procedures as well
as the student misconduct rule and how to avoid misconduct of any t ype. Breaches of this policy
can have very serious consequences.

Academic integrity
Academic integrity describes thoughts and actions which demonstrate respect and honesty
toward your fellow learners and scholars. The acknowledgement of sources and a commitment
to open, ethical conduct are the foundation of research, learning and teaching in higher
education and beyond.

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The University is committed to academic integrity, honesty and the promotion of ethical
scholarship. Under the University's student code of conduct, you are expected to:
 act honestly and ethically in the production of all academic work and assessment tasks;
 give recognition to any direct quotes used from other authors or to those authors whose
work has made an intellectual contribution to the contents of your work;
 acknowledge shared ownership of ideas in group projects or assessment tasks.

If you do not behave with academic integrity, you are likely to face allegations of academic
misconduct. The University’s student misconduct rule defines academic misconduct as “conduct
by a student that in any way undermines or otherwise puts at risk the academic integrity of any
course, unit of study or assessment (including examinations) or the University's academic
reputation”.

Raising concerns
If you have a concern about this unit please contact your lecturer or tutor in the first instance. If
the matter is not resolved, then you may contact the unit coordinator.
The University also has a complaints resolution unit. Staff in that unit can provide you with
advice on addressing your concerns within the School and, in some circumstances, they may
undertake an investigation. Concerns must be raised with the complaints resolution unit within
a six month timeframe.

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