ETF2100 - Introductory econometrics

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Overview

Econometrics is a set of research tools employed across the economics and business disciplines. This unit covers the basic tools for estimation in the context of simple and multiple linear regression, the sampling properties of the least squares estimator, statistical inference and hypothesis testing. It also covers regression with dummy … For more content click the Read More button below.

Econometrics is a set of research tools employed across the economics and business disciplines. This unit covers the basic tools for estimation in the context of simple and multiple linear regression, the sampling properties of the least squares estimator, statistical inference and hypothesis testing. It also covers regression with dummy variables, model specification issues and estimation problems when least squares assumptions are violated.

Offerings

S1-01-CAULFIELD-ON-CAMPUS

S1-FF-CAULFIELD-FLEXIBLE

S2-01-CAULFIELD-ON-CAMPUS

Requisites

Prerequisite

Prohibition

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Professor Duangkamon Chotikapanich

Dr Janjala Chirakijja

Notes

IMPORTANT NOTICE:
Scheduled teaching activities and/or workload information are subject to change in response to COVID-19, please check your Unit timetable and Unit Moodle site for more details.

Learning outcomes

On successful completion of this unit, you should be able to:

apply econometric tools to modelling, estimation, inference, and forecasting in the context of real world economic and business problems

formulate and test hypotheses about the relationships between variables

understand the nature and consequences of violation of the classical assumptions and know how to test for violations

apply the skills and knowledge from the unit to real situations in business and economics

demonstrate the ability to generate and analyse statistical output for business and economic applications using an appropriate statistical software.

Teaching approach

Active learning

Assessment summary

First semester - Within semester assessment: 40% + Examination: 60%

Second semester - Within semester assessment: 60% + Examination: 40%

This unit contains a hurdle requirement that you must achieve to be able to pass the unit. The consequence of not achieving a hurdle requirement is a fail grade (NH) and a maximum mark of 45 for the unit.

Scheduled and non-scheduled teaching activities

Lectures

Tutorials

Workload requirements

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Other unit costs

Costs are indicative and subject to change.
Electronics, calculators and tools: $40