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QM2 Econometric Project
As part of the course requirements you have to undertake an econometric
evaluation of an economic issue using data that you have gathered either
留学生代写站from the host of data sets now available on the web, or that you have
assembled yourself from data published in journals or in official sources. The
data set must contain a minimum of 3 variables, (one dependent variable
and at least 2 right hand side variables to be added to a constant term). You
should concentrate on estimating a multiple (rather than simple) regression
model.

The model should be a causal one, (ie the right hand side variables should
explain the dependent variable, not the other way round). This also means, for
example, that you should not estimate a national accounts model of the form
Y=C+I+G+(X-M). This is an accounting identity and so the coefficients
shouldn’t be anything other than one, barring measurement error).
The econometric results should include a thorough statistical evaluation using
the full range of (relevant) diagnostic tests highlighted during the course. Do
not use tests just for the sake of it. There are no marks to be gained by doing
countless irrelevant tests. Only use tests that are relevant to the type of data
and economic relationship you are trying to estimate.

You should aim for a maximum of 2,500 words or around 8 pages of text, 2
to 3 tables of results and 2 or 3 figures (not including the log file)
Please provide a word count on your cover page
Please provide a word count on your cover page.

Project Objectives
The idea is to choose an economic issue which you find interesting, Outline a
theory and a set of testable hypotheses that follow on from that. Then test the
theory empirically using the tools you have learned during this term’s course.
The dissertation should read something like a typical article that you would
find in a (non-technical) academic journal like the Journal of Economic
Perspectives, (the collection of back issues is in the library).

Choosing a Topic
The most important thing is to choose a project that is feasible, that can be
finished within one month from start to finish and still allow you time to work
on your other subjects. This means confining your topic to a simple issue.
Also it is a good idea to choose a topic that you are interested in, rather than
one you fell you ought to do. The more you are interested the easier the
project will be. Do not write the theoretical part of your project until you know
you have data that can be used to test your hypotheses.

One good way to find a topic to study is to read the economic pages of the
broadsheet newspapers and/or academic articles summarised in overview
journals like the

                                Journal of Economic Perspectives
or
                                Journal of Economic Literature

both of which are in the library. In addition there are specialist journals, (and
therefore more technical), such as the

American Economic Review, Economic Jou本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。