Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


Students are acquainted with the principles of empirical methods in economics, regression analysis in particular. They know how to utilize those methods in analyzing data. They know how to use the econometrics software package stata.

Credits: 6

Schedule: 11.01.2022 - 24.02.2022

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Otto Toivanen

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English


  • valid for whole curriculum period:

    Short recap of probability and statistics; basics of cross-section linear regression; hypothesis testing; evaluation of the reliability of regression results; instrumental variable regression.

Assessment Methods and Criteria
  • valid for whole curriculum period:

    Exam, exercises

  • valid for whole curriculum period:

    Lectures, exercises and preparation


Study Material
  • valid for whole curriculum period:

    James H Stock and Mark Watson (2011) Introduction to Econometrics: International Edition.

Substitutes for Courses
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth


Further Information
  • valid for whole curriculum period:

    The courses Capstone: Econometrics I (ECON-C4100) and Econometrics II (ECON-C4200) replace the course Capstone: Ekonometria ja data-analyysi (31C99904).

    Teaching Period:

    2020-2021 Spring III

    2021-2022 Spring III

    Course Homepage:

    Registration for Courses: In the academic year 2021-2022, registration for courses will take place on Sisu ( instead of WebOodi.