MAE306 - Applied Econometrics for Economics and Finance

Unit details

Note: You are seeing the 2017 view of this unit information. These details may no longer be current. [Go to the current version]
Year2017 unit information
Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Unit chair:

W Lee

Prerequisite:

Must have passed one unit in MAE101, MAE203, MAE256

Corequisite:Nil
Incompatible with: Nil
Contact hours:

Campus: 1 x 2 hour class, 1 x 1 hour seminar per week

Cloud (online): Online independent and collaborative learning activities including 3 scheduled online seminars

Content

Econometrics represents the application of statistical methods to economic models. The same methods are also widely employed in accounting, finance, marketing and management, as well as in other social sciences including political science, history, psychology and sociology. The first part of the unit will build on the classical regression model and explore consequences of relaxing model assumptions. The second part of the unit will cover contemporary advanced econometric methods, including instrumental variables and panel data models. Econometric software will be employed to enhance the learning process.

Assessment

Eight online graded homework assignments, 20%

Written Report (Individual) 2000 words, 20%

Examination (2 hours) 60%

Hurdle requirement: achieve at least 50% of the marks available on the examination

Unit Fee Information

Click on the fee link below which describes you: