The teaching of econometrics
DOI:
https://doi.org/10.18041/1657-2815/libreempresa.2021v18n1.8676Keywords:
Objective, Methodology, Statistical Culture, Tool, Diagnosis, Theory and Practice, Prognosis, Complexity, Teaching, Introductory, Basic, AdvancedAbstract
All econometrics book authors agree on how difficult it is to teach econometrics to undergraduate economics students, especially because of their poor preparation in statistical mathematics and matrix algebra. Experience also blames poor information given to students on economics and econometrics studies. Econometrics can be focused on three levels depending on the interested group. Undergraduate courses must be demanding in statistics, matrix algebra, and cases applied to the student context. Teachers must be economists to explain the applications of content in various practice areas; failure in this goal produces apathy and desertion. Other causes of the problem may be teachers, the focus of the curriculum, the business of education, etc.
Downloads
References
Becker, William E. & Greene, William H. (2001). Teaching Statistics and Econometrics to Undergraduates. Journal of Economic Perspectives,Vol. 15, Nr. 4, pp. 169–182. https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.15.4.169
Friedman, Milton, Schwartz, A. J. (1963). A Monetary History of the United States, 1867–1960. Princeton: Princeton University Press.
Greene, William. Análisis Econométrico. (1999). Ed. Prentice Hall, Tercera edición. Madrid.
Hendry, David F. (2009). The Methodology of Empirical Econometric Modeling: Applied Econometrics Through the Looking-Glass. Palgrave Handbook of Econometrics: Vol. 2: Applied Econometrics, Vol. 2
Kahneman, Daniel. (2001). Thinking Fast and Slow. Editores Farrar, Straus and Giroux.
Lucas, Robert (1976). "Econometric Policy Evaluation: A Critique". In Brunner, K.; Meltzer, A. (eds.). The Phillips Curve and Labor Markets. Carnegie-Rochester Conference Series on Public Policy. 1. New York: American Elsevier. pp. 19–46. https://doi.org/10.1016/S0167-2231(76)80003-6
Martins, James E. (1967). Malinvaud, E.,Statistical Methods of Econometrics, Rand McNally, Chicago. https://onlinelibrary.wiley.com/doi/epdf/10.2307/1236965
Schumpeter, J.A. (1954). History of Economic Analysis. Routledge.
Downloads
Published
Issue
Section
License
Copyright (c) 2021 LIBRE EMPRESA

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.