Econometrics (11227.1)
Level: | Level 2 - Undergraduate Intermediate Unit |
---|---|
Credit Points: | 3 |
HECS Bands: | Band 3 2013-2020 (Expires 31 Dec 2020) Band 4 2021 (Commenced After 1 Jan 2021) Band 5 2021 (Commenced Before 1 Jan 2021) |
Faculty: | Faculty of Business, Government & Law |
Discipline: | Canberra School of Politics, Economics and Society |
Availability
Unit Outlines
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- Semester 2, 2019, ON-CAMPUS, BRUCE (189959) - View
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Syllabus
This unit deals with econometric models and their application to problems in economics, finance and business. The unit builds on basic statistics concepts covered in an introductory statistics course. The focus is mainly on practical issues concerned with specifying, estimating and testing econometric models using a computer package. Topics covered in the unit include linear regression (with one and multiple regressors), hypothesis testing, regression with panel data, regression with binary dependent variable and time series regression and forecasting.
Learning Outcomes
After successful completion of this unit, students will be able to:
1. Use econometric models and methods to analyse and interpret real data in finance and economics;
2. Manipulate econometric software to conduct empirical econometric analysis focused on solving a range of real world problems in finance and economics;
3. Identify the limitations of commonly used econometric models; and
4. Incorporate the outputs of various statistical and econometric models in reports to stakeholders, in ways that assist them to make decisions.
Assessment Items
Contact Hours
One 2 hour lecture and one 1 hour tutorial on-campus per week.
Prerequisites
11165 Quantitative Methods in Commerce
Corequisites
None.
Assumed Knowledge
Students should have knowledge of basic statistics contained in the pre-requisite unit 'Quantitative Methods in Commerce'.
Incompatible Units
None.
Equivalent Units
6541 Econometrics
Referenced Courses
- 986AA Bachelor of Arts / Bachelor of Advertising and Marketing Communication
- 987AA Bachelor of Arts / Bachelor of Journalism
- 988AA Bachelor of Arts / Bachelor of Media Arts and Production
- 989AA Bachelor of Arts / Bachelor of Public Relations
- 798AA Bachelor of Arts/Bachelor of Commerce
- 125JA Bachelor of Arts/Bachelor of Communication and Media Studies
- 216JA Bachelor of Arts/Bachelor of Communication in Advertising
- 217JA Bachelor of Arts/Bachelor of Communication in Journalism
- 218JA Bachelor of Arts/Bachelor of Communication in Media and Public Affairs
- 219JA Bachelor of Arts/Bachelor of Communication in Public Relations
- 799AA Bachelor of Arts/Bachelor of Information Technology
- 801AA Bachelor of Arts/Bachelor of Laws
- 802AA Bachelor of Arts/Bachelor of Management
- 804AA Bachelor of Arts/Bachelor of Science in Psychology
- MGB302 Bachelor of Commerce (Business Economics)
- MGB303 Bachelor of Commerce (Finance and Banking)
- MGIT01 Bachelor of Commerce/ Bachelor of Information Technology
- MGSC01 Bachelor of Commerce/ Bachelor of Laws
- 392AB Bachelor of Science
- 994AA Bachelor of Science / Bachelor of Journalism
- NPSC01 Bachelor of Science/ Bachelor of Laws
- 836AA Bachelor of Science/Bachelor of Laws