The course covers the fundamentals of econometrics, starting from the statistical foundations. Our primary emphasis will be on the linear regression model and the intuition behind the Ordinary Least Squares (OLS) estimation, an essential method in the toolkit of every economist. We will explore the theoretical properties of OLS, engage in hypothesis testing, study the linear regression model's assumptions, discuss potential violations, and learn appropriate remedies. Furthermore, we will introduce several advanced topics, including endogeneity, logistic regression, and panel data methods.
Our main focus will be on the practical applications of econometric techniques. Each topic will be illustrated with empirical examples and reinforced through hands-on exercises during seminars.
Poslední úprava: Kukačka Jiří, doc. PhDr., Ph.D. (12.09.2024)
The course covers the fundamentals of econometrics, starting from the statistical foundations. Our primary emphasis will be on the linear regression model and the intuition behind the Ordinary Least Squares (OLS) estimation, an essential method in the toolkit of every economist. We will explore the theoretical properties of OLS, engage in hypothesis testing, study the linear regression model's assumptions, discuss potential violations, and learn appropriate remedies. Furthermore, we will introduce several advanced topics, including endogeneity, logistic regression, and panel data methods.
Our main focus will be on the practical applications of econometric techniques. Each topic will be illustrated with empirical examples and reinforced through hands-on exercises during seminars.
Poslední úprava: Kukačka Jiří, doc. PhDr., Ph.D. (12.09.2024)
Cíl předmětu -
The primary objective is to enhance students' understanding of econometrics by establishing, revising, and systematizing their knowledge in this field. This course is highly recommended for students who have completed introductory statistics and seek to learn the fundamental principles of quantitative empirical analysis in economics and finance. Econometrics is essential for understanding the relationships between economic variables, serving as the vital link that connects economic theories with real-world data.
Econometrics equips you with the necessary skills and tools to succeed in your interests, whether they are in economic forecasting, the empirical testing of scientific hypotheses, the estimation of numerical relationships between economic variables to inform policymakers or academic audiences, or just satisfying your natural curiosity.
Poslední úprava: Kukačka Jiří, doc. PhDr., Ph.D. (12.09.2024)
The primary objective is to enhance students' understanding of econometrics by establishing, revising, and systematizing their knowledge in this field. This course is highly recommended for students who have completed introductory statistics and seek to learn the fundamental principles of quantitative empirical analysis in economics and finance. Econometrics is essential for understanding the relationships between economic variables, serving as the vital link that connects economic theories with real-world data.
Econometrics equips you with the necessary skills and tools to succeed in your interests, whether they are in economic forecasting, the empirical testing of scientific hypotheses, the estimation of numerical relationships between economic variables to inform policymakers or academic audiences, or just satisfying your natural curiosity.
Poslední úprava: Kukačka Jiří, doc. PhDr., Ph.D. (12.09.2024)
Literatura -
Core textbooks (selected chapters): Studenmund, A. H. (2016). Using Econometrics: A Practical Guide. Pearson Education, 7th Ed., .pdf (7th Global Ed. from 2017 [e-book] or 6th International Ed. from 2014 also possible). Wooldridge, J. M. (2016). Introductory Econometrics: A Modern Approach. Cengage Learning, 6th Ed., .pdf (5th Ed. from 2012, 7th Ed. from 2018 [e-book], or 8th Ed. from 2025 [e-book] also possible).
Poslední úprava: Kukačka Jiří, doc. PhDr., Ph.D. (06.02.2026)
Core textbooks (selected chapters): Studenmund, A. H. (2016). Using Econometrics: A Practical Guide. Pearson Education, 7th Ed., .pdf (7th Global Ed. from 2017 [e-book] or 6th International Ed. from 2014 also possible). Wooldridge, J. M. (2016). Introductory Econometrics: A Modern Approach. Cengage Learning, 6th Ed., .pdf (5th Ed. from 2012, 7th Ed. from 2018 [e-book], or 8th Ed. from 2025 [e-book] also possible).
Poslední úprava: Kukačka Jiří, doc. PhDr., Ph.D. (06.02.2026)
Vstupní požadavky -
Knowledge of basic statistical concepts is assumed and will be briefly reviewed in the first lecture. An intuitive overview can be found in Studenmund (2016 [2014]), Chapter 17 [15]: Statistical Principles (see the 'Files' section). A more advanced treatment is provided in Wooldridge (2016), Appendices B and C-1 to C-3. For additional preparation, a highly accessible introduction by Joe Blitzstein (Harvard University) is available on YouTube, and a complementary online course can be found on Khan Academy.
Familiarity with basic matrix algebra is also expected, as it is essential for understanding several lectures and exercises. A concise summary is included in Wooldridge (2016), Appendix D. Further useful tutorials with practice exercises and solutions are available on Stat Trek, Khan Academy, and 3Blue1Brown.
If the course reaches its maximum capacity, the course lecturers may deregister students for whom the course is not compulsory.
Poslední úprava: Kukačka Jiří, doc. PhDr., Ph.D. (03.02.2026)
Knowledge of basic statistical concepts is assumed and will be briefly reviewed in the first lecture. An intuitive overview can be found in Studenmund (2016 [2014]), Chapter 17 [15]: Statistical Principles (see the 'Files' section). A more advanced treatment is provided in Wooldridge (2016), Appendices B and C-1 to C-3. For additional preparation, a highly accessible introduction by Joe Blitzstein (Harvard University) is available on YouTube, and a complementary online course can be found on Khan Academy.
Familiarity with basic matrix algebra is also expected, as it is essential for understanding several lectures and exercises. A concise summary is included in Wooldridge (2016), Appendix D. Further useful tutorials with practice exercises and solutions are available on Stat Trek, Khan Academy, and 3Blue1Brown.
If the course reaches its maximum capacity, the course lecturers may deregister students for whom the course is not compulsory.
Poslední úprava: Kukačka Jiří, doc. PhDr., Ph.D. (03.02.2026)
