Applied Econometrics (ECMT3120)

UNIT OF STUDY

Econometric theory provides techniques to quantify the strength and form of relationships between variables. Applied Econometrics is concerned with the appropriate use of these techniques in practical applications in economics and business. General principles for undertaking applied work are discussed and necessary research skills developed. In particular, the links between econometric models and the underlying substantive knowledge or theory for the application are stressed. Topics will include error correction models, unit roots and cointegration and models for cross section data, including limited dependent variables. Research papers involving empirical research are studied and the unit features all students participating in a group project involving econometric modelling.

Further unit of study information

Classes

1x2hr lecture/week, 1x1hr tutorial/week

Assessment

group project (25%), Mid-semester test (25%), 2hr Final exam (50%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

ECMT3110 or ECMT3010 or (ECMT2150 and ECMT2160)

Prohibitions

ECMT3020

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.