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

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