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.
Offerings
S1-01-CAULFIELD-BLENDED
S2-01-CAULFIELD-BLENDED
Requisites
Prerequisite
Prohibition
Rules
Enrolment Rule
Contacts
Chief Examiner(s)
Associate Professor Bin Peng
Professor Otavio Bartalotti
Learning outcomes
On successful completion of this unit, you should be able to:
1.
apply econometric tools to modelling, estimation, inference, and forecasting in the context of real world economic and business problems
2.
formulate and test hypotheses about the relationships between variables
3.
understand the nature and consequences of violation of the classical assumptions and know how to test for violations
4.
apply the skills and knowledge from the unit to real situations in business and economics
5.
demonstrate the ability to generate and analyse statistical output for business and economic applications using an appropriate statistical software.
Teaching approach
Active learning
Problem-based learning
Assessment
1 - Within semester assessment
2 - Examination
Scheduled and non-scheduled teaching activities
Seminars
Tutorials
Workshops
Workload requirements
Workload
Learning resources
Technology resources
Other unit costs
Costs are indicative and subject to change.
Electronics, calculators and tools: $100