The Future of Education

In the context of In the context of the Economics and Business degrees, Econometrics provide a wide variety of tools which appear to be narrowly related to several main competences such as information management, creativity, problem solving or decision-making. Furthermore, the need of analyzing and interpreting the functioning of the economy suggests the convenience of learning Econometrics by doing Econometrics.

Team projects can play a main role in the teaching-learning process, since they allow students cooperating in the development of econometric models, taking benefit from econometric software and ICT facillities, and also improving their ability to work in team, as suggested by employers. Moreover, from the teachers´ perspective, the development of team projects represents a good opportunity to reexamine some methodological aspects, also opening new challenges in the management and assessment of the projects.

In this paper we summarize our experiences in supervising Econometrics team projects for more than a decade, describing the main pedagogical and organizational decisions. According to the available information (based both on objective statistics and online students´ surveys) we confirm some strengths of the experience (such as the use of Gretl, the virtual campus, the continuous assessment or the oral presentation) but also some weaknesses, mainly referred to organizational aspects and the improvement of critical and self-critical ability.