Teaching Responsibility
LJMU Schools involved in Delivery:
Liverpool Business School
Learning Methods
Lecture
Workshop
Module Offerings
7000LBSIF-SEP-MTP
Aims
This module aims to equip students with the necessary skills to critically evaluate and undertake empirical research within the financial and economic sciences. Students will formulate a practical understanding of the required quantitative methods in the financial and economic sciences with an application of the fundamentals of financial econometrics to real world data. Students will also engage in content that builds their understanding of research methods in finance and economics enabling them to formulate a coherent critique of the academic landscape thus generating a salient and achievable research hypothesis.
Learning Outcomes
1.
Interpret and critically evaluate extant research within the economic and financial sciences.
2.
Write suitable reports on statistical and financial information through the formulation of coherent research hypotheses.
3.
Critically analyse and construct fundamental financial and economic models for analysis.
4.
Implement and critically review quantitative methodologies in finance and economics.
Module Content
Outline Syllabus:Statistics – descriptive statistics, probability distributions, hypothesis testing.
Regression – Ordinary least squares regressions, dummy variable regressions, regression diagnostics.
Financial econometrics – quantitative financial models, cross-sectional models, time-series models.
Research methods – formulating the research question, systematic literature review, research methodologies.
Relevant research tools/software.
Module Overview:
Students will gain a practical understanding of the quantitative methods in the financial and economic sciences and develop their understanding of research methods.
Students will gain a practical understanding of the quantitative methods in the financial and economic sciences and develop their understanding of research methods.
Additional Information:This module will give students the necessary skills to undertake robust empirical research.