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Microeconometrics (ECOM40001)
HonoursPoints: 12.5Not available in 2023
To learn more, visit 2023 Course and subject delivery.
Overview
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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: 31 January 2024
Eligibility and requirements
Prerequisites
Admission into or selection of one of the following:
- BH-COM Bachelor of Commerce (Degree with Honours)
- Economics specialisation (formal) in the BH-ARTS Bachelor of Arts (Degree with Honours)
AND
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECOM40006 | Econometrics 3 | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECOM90008 | Microeconometrics | Not available in 2024 |
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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Assignment 1
| Week 4 | 20% |
Assignment 2
| Week 8 | 20% |
End-of-semester examanination
| During the examination period | 60% |
Last updated: 31 January 2024
Dates & times
Not available in 2023
Time commitment details
An estimated total time commitment of at least 170 hours.
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 31 January 2024
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: 31 January 2024