Postgraduate Coursework Units of Study

ECMT6002 - Econometric Applications

Semester 2, 2012  |  Credit Points: 6

Coordinator: Diane Dancer

Description

This unit illustrates how econometric methods can be applied to economic data to solve problems that arise in economics and business. Econometric theory provides the techniques needed to quantify the strength and form of relationships between variables. Applied econometrics is concerned with the strategies that need to be employed to use these techniques effectively; to determine which model to specify and whether the data are appropriate. Guidelines for undertaking applied work are discussed. Case studies drawn from economics, marketing, finance, and accounting are also discussed. The unit includes a major econometric modelling project.

Assessments

group project (25%), mid-semester test (25%) and 1x2hr final exam (50%)

Classes

1x3-hr lecture/week

Prerequisites

ECMT5001

Prohibitions

ECMT5002

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