Modelling in Science Education and Learning (Aug 2017)

Econometric modelling

  • M. Alguacil Marí,
  • E. Jiménez Fernández

DOI
https://doi.org/10.4995/msel.2017.7690
Journal volume & issue
Vol. 10, no. 2
pp. 239 – 250

Abstract

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The current economic environment, together with the low scores obtained by our students in recent years, makes it necessary to incorporate new teaching methods. In this sense, econometric modelling provides a unique opportunity offering to the student with the basic tools to address the study of Econometrics in a deeper and novel way. In this article, this teaching method is described, presenting also an example based on a recent study carried out by two students of the Degree of Economics. Likewise, the success of this method is evaluated quantitatively in terms of academic performance. The results confirm our initial idea that the greater involvement of the student, as well as the need for a more complete knowledge of the subject, suppose a stimulus for the study of this subject. As evidence of this, we show how those students who opted for the method we propose here obtained higher qualifications than those that chose the traditional method.

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