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Econometrics 2 (ECOM90002)

Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)

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Overview

Availability
Semester 1 - Dual-Delivery
Semester 2 - Dual-Delivery
FeesLook up fees

Extensions of the multiple regression model are examined. Topics include causal and statistical interpretations of regression models, instrumental variables, panel data and time series regression models and relevant statistical theory.

Intended learning outcomes

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

  • Explain various problems of interpretation of causal estimates in regression and how the problems may be addressed using instrumental variables.
  • Apply least squares methods to estimation and inference for linear regression models with panel data.
  • Apply least squares to estimation, inference and interpretation for single and multiple equation models for stationary and non-stationary time series data.
  • Derive, simulate and interpret statistical properties of least squares estimators in these settings.

Generic skills

  • 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.
  •  Moderate level of development: written communication; collaborative learning; team work; critical thinking; synthesis of data and other information.
  • Some level of development: accessing data and other information from a range of sources.

Last updated: 12 November 2022

Eligibility and requirements

Prerequisites

One of

Code Name Teaching period Credit Points
ECOM20001 Econometrics 1
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
 12.5
ECOM30001 Basic Econometrics
Semester 1 (Dual-Delivery - Parkville)
 12.5
ECOM90001 Basic Econometrics
Semester 1 (Dual-Delivery - Parkville)
 12.5
MAST20005 Statistics
Summer Term (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
 12.5

OR

A grade of H2A or above in the following:

Code Name Teaching period Credit Points
ECON20003 Quantitative Methods 2
Semester 1 (Dual-Delivery - Parkville)
Summer Term (Online)
Semester 2 (Dual-Delivery - Parkville)
 12.5

AND

One of

Code Name Teaching period Credit Points
ECON20001 Intermediate Macroeconomics
Semester 2 (Dual-Delivery - Parkville)
 12.5
ECON20002 Intermediate Microeconomics
Semester 1 (Dual-Delivery - Parkville)
Summer Term (Online)
 12.5
FNCE20001 Business Finance No longer available
FNCE10002 Principles of Finance
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
Summer Term (Online)
 12.5
ECON90047 Macroeconomics 2
Semester 1 (Dual-Delivery - Parkville)
 12.5
ECON90045 Microeconomics 2
Semester 2 (Dual-Delivery - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

Code Name Teaching period Credit Points
ECOM30002 Econometrics 2
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
 12.5

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: 12 November 2022

Assessment

DescriptionTimingPercentage

Assignment 1

  • 600 words
Week 47.5%

Assignment 2

  • 600 words
Week 67.5%

Assignment 3

  • 600 words
Week 97.5%

Assignment 4

  • 600 words
Week 127.5%

End-of-semester examination

  • 3 hours
Hurdle requirement: Successful completion of this subject requires a pass (50%) in the final exam.		During the examination period70%

Additional details

Important online examination information: This examination is the equivalent of a 2-hour assessment; however, students are provided with 3-hours to accommodate the time that will be required for typesetting of mathematical expressions and the uploading of documents.

Last updated: 12 November 2022

Dates & times

  • Semester 1
    Principal coordinatorMatthew Greenwood-Nimmo
    Mode of deliveryDual-Delivery (Parkville)
    Contact hours2 x 1 hour recorded lectures, 1 hour live online tutorial.
    Total time commitment170 hours
    Teaching period28 February 2022 to 29 May 2022
    Last self-enrol date11 March 2022
    Census date31 March 2022
    Last date to withdraw without fail 6 May 2022
    Assessment period ends24 June 2022

    Semester 1 contact information

    matthew.greenwood@unimelb.edu.au

  • Semester 2
    Principal coordinatorKevin Staub
    Mode of deliveryDual-Delivery (Parkville)
    Contact hours2 x 1 hour recorded lectures, 1 hour live online tutorial.
    Total time commitment170 hours
    Teaching period25 July 2022 to 23 October 2022
    Last self-enrol date 5 August 2022
    Census date31 August 2022
    Last date to withdraw without fail23 September 2022
    Assessment period ends18 November 2022

Time commitment details

An estimated total time commitment of at least 170 hours.

Last updated: 12 November 2022

Further information

  • Texts

    Prescribed texts

    There are no specifically prescribed or recommended texts for this subject.

  • Related Handbook entries

    This subject contributes to the following:

    TypeName
    CourseMaster of Commerce (Accounting)
    CourseMaster of Commerce (Finance)
    CourseMaster of Commerce (Decision, Risk and Financial Sciences)
    CourseMaster of Applied Econometrics
  • 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.

  • 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: 12 November 2022