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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 27 June 2017


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

Available on request for bespoke delivery


Please note we no longer deliver this course as an open programme. We can deliver this as a bespoke programme for your organisation at your preferred location or at our Bristol Business School on Frenchay Campus.

If you are interested in having this course delivered for your organisation, please complete the enquiry form below.

How to apply

How to apply

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


For further information

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

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