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Advanced Econometric Techniques (ECOM90005)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Availability
Semester 1
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This course is designed to introduce you to the mathematical underpinnings of the main tools used in empirical economics. Special emphasis will be given to three topics: models of probability, methods of estimation, and methods of inference. Simple mathematical analysis, in particular both differential and integral calculus as well as linear algebra, will be used extensively throughout the course. In an effort to bridge the gap between analytic, closed-form methods and numerical methods, you will also be introduced to a high-level matrix and programming language, Matlab, to provide you with a basis to solve problems which have no closed-form solutions.

Intended learning outcomes

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



  • Critically evaluate current econometric research published in the top ranking international economic and econometric journals;
  • Reproduce existing econometric research;
  • Identify the key arguments and strategies underlying current and existing econometric research.

Generic skills

On successful completion of this subject, students should have improved the following generic skills:

  • Evaluation of ideas, views and evidence
  • Synthesis of ideas, views and evidence
  • Critical thinking
  • Application of software to write computer programs to perform a series of steps
  • Statistical reasoning
  • Problem solving skills
  • Written and oral communication

Last updated: 31 January 2024

Eligibility and requirements

Prerequisites

Admission into the MC-COMECO Master of Commerce (Economics)

OR

One of

Code Name Teaching period Credit Points
ECOM40006 Econometrics 3
Semester 1 (On Campus - Parkville)
 12.5
ECOM90013 Econometrics 3
Semester 1 (On Campus - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

None

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

DescriptionTimingPercentage

10 weekly assignments, 400 words each

  • 4000 words (total)
Throughout the teaching period30%

End-of-semester examination

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

Last updated: 31 January 2024

Dates & times

  • Semester 1
    Principal coordinatorMarc Chan
    Mode of deliveryOn Campus (Parkville)
    Contact hoursOne three-hour lecture per week.
    Total time commitment170 hours
    Teaching period26 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 ends21 June 2024

    Semester 1 contact information

    Email: marc.chan@unimelb.edu.au

Time commitment details

Estimated total time commitment of 170 hours per semester

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

    You will be advised of prescribed texts by your lecturer.

  • Related Handbook entries

    This subject contributes to the following:

    TypeName
    CourseMaster of Economics
    CourseMaster of Commerce (Finance)
    CourseMaster 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