WORD LIMIT: The word limit is 3000 words (excluding tables and charts).

ORANISATION

The assessed project for this module will consist of group work (three students per group). Group members will be assessed together and each group will produce one piece of work. The aims are:

It is the responsibility of students to form groups. Each person should sign up via Tabula to confirm his/her group membership by 3.30pm on Friday 7th December 2018 (the group sign up will be opened in week 7 of the Autumn Term). Make sure your group meets as early as possible to agree a topic, confirm its feasibility and divide tasks. You should meet regularly throughout the Spring Term to share information, discuss results and prepare draft versions of the project. An important part of the learning outcome is that students learn to work in a group, but in the unlikely event that a student is unhappy in his/her group please contact your class tutor in the first instance to help find a solution.

SUBMISSION

One project per group is to be submitted electronically (https://tabula.warwick.ac.uk/) by the deadline 3.30pm on Monday 18th March 2019. Please nominate in advance which person will be making the submission on behalf of your group. You will need to submit two files: (i) the main project including all the tables and appendices as a PDF file; (ii) output file as a TXT file. You should also submit one Project Submission Form per group by the same deadline.

GENERAL COMMENTS

You will score good marks for a relatively simple exercise done well, showing good understanding and a critical appreciation of the techniques and the results you obtain. Students sometimes mistakenly believe they need to do something which is very 'advanced’ and wholly original to get a good mark. That would be true for a PhD, but not for an MSc Econometrics project. Choose something you feel comfortable working on together with your partners. The econometrics methods used should be within the scope of the econometrics module you have chosen to do. If the results are equivocal or do not support your prior beliefs, that is fine. Explain carefully what you find, why this is at odds with what you expected, and possibly conjecture why this might be.

Please do not expect to be told what to do – an important part of the project is deciding its scope and content. This means you should not expect to receive an answer to a question such as 'if I do x and y, will that be enough?’

The secret of success is planning. Make sure before you start that (i) you know what your initial economic model looks like, (ii) you are familiar with the existing literature, and (iii) suitable data are available. Projects may be based on published studies provided full acknowledgement is given.

Some samples of last year’s titles and actual projects of those who got 70% or more and gave us permission to upload can be found here.

HOW TO ORGANISE YOUR GROUP

In your first meeting you need to decide how to organise your team work. You may wish to consider the following points:

HELP - CLASS

Your group should have come up with the topic and thought about the necessary data you need by week 3 of Term 2. Week 4 class in Term 2 will provide an opportunity to discuss the project with your class tutor. However, remember that you can only ask very broad and general questions. There will also be another hour allocated for further questions later on in Term 2. The timing of this will be announced later.

DATA

A vast amount of data is available on the internet. The following are some good places to look.

Computers can waste a lot of time on even the simplest jobs, although we anticipate that most students will make use of their previous experience and use various options available in Stata. But give yourself plenty of time. Also allow yourself at least a week, preferably a fortnight, for writing up.

FINAL WRITEUP

The final presentation should contain brief accounts of the following aspects:

MARKING CRITERIA

The project will be awarded a mark out of 100.

There will be equal weighting of marks for group members (e.g. a project scoring 65 will mean a mark of 65 for each student in the group).

The Assessment and Feedback Form summarises the marking criteria for the project.

Generic feedback for the 2016-17 project.