academic with student reviewing figures on a computer screen

Professional course

Skills for Decision Makers: Applied Econometrics

About this course

Course code:
Professional/Short Course
Bristol Business School
Four days
Course director:
Dr Felix Ritchie

Page last updated 1 December 2016


As data availability grows, decision-makers find themselves able to ask a wider range of questions, which needs knowledge of specialist techniques; for example:

Can we exploit the fact that we have repeated information on the same people? What affects preferences for different product options? How does closeness to the shopping outlet affect sales? Are prices or preferences in one area affected by neighbouring areas? How do we deal with data collected as "unsatisfied-indifferent-satisfied"?

This course will introduce you to a number of the most useful techniques, showing how they can be applied and their limitations.

Careers / Further study

Credits earnt during this course can count towards postgraduate and MSc level qualifications.



What does it cover?

  • Specific econometric tools common in decision making
  • Their value added in practical situations
  • Evaluating the quality of results
  • Applying software packages

The module is organised around four study units of one day each

  • Modelling approaches
  • Multinomial logit; ordered probit and logit
  • Multiple observations on the same thing: individuals and company level data
  • Introduction to panel data
  • Fixed and random effects
  • Dynamic models
  • Understanding geographical variation
  • Spatial data analysis and spatial regression
  • Modelling economic relationships over time
  • Stationairity and cointegration
  • Principles of forecasting

Learning and Teaching

This course will be taught intensively over four days by leading academics and consultants from Bristol Economic Analysis at the Frenchay Campus in Bristol.

The course will apply cutting edge thinking to enlighten and resolve decision making in business and policy contexts. 

All experts are proven communicators (verbally and written) to non-academic audiences.


This course offers participants the opportunity to complete UWE's Master's level 15 credit module in Applied econometrics.  This requires completion of coursework and an exam.

Prices and dates

Supplementary fee information

Full fee: £950

20% early bird discount fee: £760 (for bookings paid in full 8 weeks or more in advance)

15% UWE Alumni Discount fee: £807.50 (available until the course start date)

Please note that discounts can not be used in conjunction with each other. The greatest discount available will be applied at your booking confirmation.

(Fees include your ILM registration and certification, car parking, lunch and refreshments)

February 2017 run

Day 1: 27 February 2017

Day 2: 28 February 2017

Day 3: 1 March 2017

Day 4: 2 March 2017

How to apply

How to apply

For all enquiries please complete our online enquiry form or contact us on the number below

To make a full or provisional booking for the February 2017 run of our course, please complete our online booking form

For further information

  • Email: Please complete the enquiry form above
  • Telephone: 0117 32 87265

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