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Econometrics 2 (ECOM30002)
Undergraduate level 3Points: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Sem 1: Harris.D@unimelb.edu.au
Sem 2: dmoreton@unimelb.edu.au
Semester 2
Sem 1: Harris.D@unimelb.edu.au
Sem 2: dmoreton@unimelb.edu.au
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
Extensions of the multiple regression model are examined. Topics include non-linear least squares, maximum likelihood estimation and related testing procedures, generalised least squares, heteroskedasticity, autocorrelation and models with stochastic regressors. Limited dependent variable and panel data models and issues involving time-series data are introduced. Theoretical concepts are illustrated by applied examples.
Intended learning outcomes
LO1: Explain various problems of interpretation of causal estimates in regression and how the problems may be addressed using instrumental variables.
LO2: Apply least squares methods to estimation and inference for linear regression models with panel data.
LO3: Apply least squares to estimation, inference and interpretation for single and multiple equation models for stationary and non-stationary time series data.
LO4: Derive, simulate and interpret statistical properties of least squares estimators in these settings.
Generic skills
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High level of development: problem solving; statistical reasoning; application of theory to practice; interpretation and analysis; evaluation of data and other information; use of computer software.
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Moderate level of development: written communication; collaborative learning; team work; critical thinking; synthesis of data and other information.
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Some level of development: accessing data and other information from a range of sources.
Last updated: 27 April 2024
Eligibility and requirements
Prerequisites
One of:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECOM20001 | Econometrics 1 |
Semester 2 (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
ECOM30001 | Basic Econometrics | Semester 1 (On Campus - Parkville) |
12.5 |
MAST20005 | Statistics | Semester 2 (On Campus - Parkville) |
12.5 |
or a grade of H2A or above in
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON20003 | Quantitative Methods 2 |
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
AND one of:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON20001 | Intermediate Macroeconomics | Semester 2 (On Campus - Parkville) |
12.5 |
ECON20002 | Intermediate Microeconomics |
Semester 1 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
FNCE20001 | Business Finance |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
FNCE10002 | Principles of Finance |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 27 April 2024
Assessment
Additional details
- 2 hour end of semester examination, 70%
- Assignment 1, 600 words, due week 4, 7.5%
- Assignment 2, 600 words, due week 6, 7.5%
- Assignment 3, 600 words, due week 9, 7.5%
- Assignment 4, 600 words, due week 12, 7.5%
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 27 April 2024
Dates & times
- Semester 1
Principal coordinator David Harris Mode of delivery On Campus (Parkville) Contact hours Two 1-hour lectures and a 1-hour tutorial/practice class per week Total time commitment 170 hours Teaching period 26 February 2018 to 27 May 2018 Last self-enrol date 9 March 2018 Census date 31 March 2018 Last date to withdraw without fail 4 May 2018 Assessment period ends 22 June 2018 Semester 1 contact information
Sem 1: Harris.D@unimelb.edu.au
Sem 2: dmoreton@unimelb.edu.au
- Semester 2
Principal coordinator David Moreton Mode of delivery On Campus (Parkville) Contact hours Two 1-hour lectures and a 1-hour tutorial/practice class per week Total time commitment 170 hours Teaching period 23 July 2018 to 21 October 2018 Last self-enrol date 3 August 2018 Census date 31 August 2018 Last date to withdraw without fail 21 September 2018 Assessment period ends 16 November 2018 Semester 2 contact information
Sem 1: Harris.D@unimelb.edu.au
Sem 2: dmoreton@unimelb.edu.au
Time commitment details
Estimated total time commitment of at least 170 hours.
Last updated: 27 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Graduate Diploma in Economics Course Master of Economics Major Economics Informal specialisation Economics - Breadth options
This subject is available as breadth in the following courses:
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 27 April 2024