Course objective
Econometrics is the application of statistical methods to the study of economic data and problems. Economists apply econometrics methods to measure economic phenomena and relationships, test the validity of competing economic theories, forecast economic variables, and evaluate government and business policies. Scientists use similar methods in other social sciences, business, engineering, medicine, etc.
Econometrics II is the mandatory course in econometrics for obtaining a master's degree in economics. This course gives the students a firm understanding of the theoretical aspects behind the commonly used inference techniques in economics.
Slides
Econometric causality: a framework
Finite-sample properties of OLS
Large-sample properties of OLS