Applied Microeconometric Modelling (ECOM30003)

Undergraduate level 3Points: 12.5On Campus (Parkville)

You’re viewing the 2020 Handbook:
Or view archived Handbooks
You’re currently viewing the 2020 version of this subject
As part of the University’s response to COVID-19 and the associated Government restrictions and guidelines, most subjects will continue to be delivered online in Winter and Semester 2.
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.

Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.

Overview

Availability
Semester 2
FeesLook up fees

This subject examines estimation and testing of microeconometric models based on cross-sectional and panel data and quantitative and limited dependent variables. Illustrative application topics normally will include labour economics, consumer demand and finance. The computer software used is Stata.

Intended learning outcomes

On successful completion of this subject students should be able to:



  • Synthesise the best practice techniques in empirical modelling when cross-section data sets are used;
  • Synthesise the best practice techniques in empirical modelling when panel data sets are used;
  • Critically evaluate and employ applied techniques;
  • Describe and evaluate econometric theories;
  • Complete a semi-independent research project;
  • Generate and analyse econometric output using an econometric package such as Stata.

Generic skills

  • High level of development: written communication; statistical reasoning; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information; evaluation of data and other information.

  • Moderate level of development: problem solving; use of computer software; receptiveness to alternative ideas.

  • Some level of development: oral communication; accessing data and other information from a range of sources.

Last updated: 20 March 2025

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
ECOM30002 Econometrics 2
Semester 2 (On Campus - Parkville)
Semester 1 (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: 20 March 2025

Assessment

Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS

DescriptionTimingPercentage

Assignment 1

  • 500 words
Early in the teaching period20%

Assignment 2 (a draft will be due in Week 9 for feedback purposes)

  • 1500 words
Week 1220%

End of Semester Examination

  • 2 hours
Hurdle requirement: Successful completion of this subject requires a pass (50%) in the final exam.		During the examination period60%

Last updated: 20 March 2025

Dates & times

  • Semester 2
    Principal coordinatorJenny Williams
    Mode of deliveryOn Campus (Parkville)
    Contact hoursTwo 1-hour lectures and a 1-hour tutorial/practice class per week
    Total time commitment170 hours
    Teaching period 3 August 2020 to 1 November 2020
    Last self-enrol date14 August 2020
    Census date21 September 2020
    Last date to withdraw without fail16 October 2020
    Assessment period ends27 November 2020

    Semester 2 contact information

    jenny.williams@unimelb.edu.au

Time commitment details

An estimated total time commitment of at least 170 hours.

Last updated: 20 March 2025

Further information

Last updated: 20 March 2025