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Econometrics 2 (ECOM90002)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable (login required)(opens in new window)
Contact information
Semester 1
Liana Jacobi: ljacobi@unimelb.edu.au
Semester 2
Kevin Staub: kevin.staub@unimelb.edu.au
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
This subject teaches core methods used in economics, finance and business for empirical research and data analysis. 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. Methods are consolidated through a Capstone project involving hypothesis-formation, real-world data collection, and writing-up the results in a formal report.
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.
- Formulate hypotheses about economic phenomena, collect real-world data, apply econometric methods to test hypotheses, and draw evidenced-based conclusions or implications for economic theory and/or public policy.
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: 31 January 2024
Eligibility and requirements
Prerequisites
One of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECOM20001 | Econometrics 1 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ECOM30001 | Basic Econometrics | Semester 1 (On Campus - Parkville) |
12.5 |
ECOM90001 | Basic Econometrics | Semester 1 (On Campus - Parkville) |
12.5 |
MAST20005 | Statistics |
Summer Term (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
OR
A grade of H2A or above in the following:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON20003 | Quantitative Methods 2 |
Summer Term (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
Semester 1 (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 |
Summer Term (On Campus - Parkville)
Semester 1 (On Campus - Parkville)
|
12.5 |
No longer available | |||
FNCE10002 | Principles of Finance |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
ECON90047 | Macroeconomics 2 | Not available in 2024 |
12.5 |
ECON90045 | Microeconomics 2 | Semester 2 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECOM30002 | Econometrics 2 |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - 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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Capstone Project Proposal (report)
| Week 4 | 5% |
Mid-Semester Test
| Week 6 | 10% |
Capstone Project Progress Report (report)
| Week 8 | 10% |
Capstone Project Submission (report)
| Week 12 | 25% |
End-of-semester examination
| During the examination period | 50% |
Last updated: 31 January 2024
Dates & times
- Semester 1
Principal coordinator Liana Jacobi Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024 Semester 1 contact information
Liana Jacobi: ljacobi@unimelb.edu.au
- Semester 2
Principal coordinator Kevin Staub Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Teaching period 22 July 2024 to 20 October 2024 Last self-enrol date 2 August 2024 Census date 2 September 2024 Last date to withdraw without fail 20 September 2024 Assessment period ends 15 November 2024 Semester 2 contact information
Kevin Staub: kevin.staub@unimelb.edu.au
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
There are no specifically prescribed or recommended texts for this subject.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Commerce (Finance) Course Master of Commerce (Decision, Risk and Financial Sciences) Course Master of Applied Econometrics Course Master of Commerce (Accounting) - 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: 31 January 2024