Microeconometrics (ECOM40001)

HonoursPoints: 12.5On Campus (Parkville)

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Overview

Availability
Semester 2
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The specification, estimation and testing of a range of models used to analyse microeconometric data is examined. The models to be considered may include discrete choice models, models for censored and truncated data, models of duration data, models with self-selectivity, models of count data, and panel data.

Intended learning outcomes

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

  • Identify microeconometric models appropriate for different types of survey data
  • Explain why and how standard techniques of estimations must be modified in a variety of microeconometric situations
  • Apply econometric techniques to test hypothesis in a variety of microeconometric models
  • Evaluate the robustness of results obtained from using econometric techniques on real world microeconometric data
  • Analyse results obtained from microeconometric data and explain their implications for economic theory

Generic skills

  • High level of development: written communication; problem solving; statistical reasoning; application of theory to practice; interpretation and analysis; critical thinking; use of computer software; receptiveness to alternative ideas.

  • Moderate level of development: synthesis of data and other information; evaluation of data and other information.

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

Last updated: 3 November 2022

Eligibility and requirements

Prerequisites

Admission into BH-COM or BH-ARTS (Economics) and

Code Name Teaching period Credit Points
ECOM40006 Econometrics 3
Semester 1 (On Campus - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

Students may not gain credit for both

Code Name Teaching period Credit Points
ECOM40001 Microeconometrics
Semester 2 (On Campus - Parkville)
 12.5
and
Code Name Teaching period Credit Points
ECOM90008 Microeconometrics
Semester 2 (On Campus - Parkville)
 12.5
.

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: 3 November 2022

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

  • 1000 words
Week 820%

Assignment 2

  • 1000 words
Week 1220%

End of Semester Exam

  • 2 hours
Hurdle requirement: To pass this subject, students must pass the end-of-semester exam 		During the examination period60%

Last updated: 3 November 2022

Dates & times

  • Semester 2
    Principal coordinatorJohn de New
    Mode of deliveryOn Campus (Parkville)
    Contact hoursThree hours of classes 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

    John P de New johnhd@unimelb.edu.au

Time commitment details

An estimated total time commitment of at least 170 hours.

Last updated: 3 November 2022

Further information

  • Texts

    Prescribed texts

    Cameron and Trivedi Microeconometrics Using Stata

    Recommended texts and other resources

    Cameron and Trivedi Microeconometrics

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 3 November 2022