This subject area is offered by the School of Economics (Faculty of Arts and Social Sciences).
The major in Econometrics focuses on the application of mathematical and statistical techniques to the analysis of social, financial, business and economic data, which is available in ever increasing quantity and complexity. It blends the essentials of economics with a balanced and rigorous training in modern econometric theory and associated empirical methods. This major is training for an area of high employer demand, with employers increasingly looking for graduates with highly sophisticated quantitative skills.
Econometrics is a Table B subject area - Major II subject area for the Bachelor of Commerce (Liberal Studies).
Requirements for a major in Econometrics
These requirements are for students enrolled in the Bachelor of Commerce and related combined degrees and the Bachelor of Commerce (Liberal Studies).
For the award of a major in Econometrics, students complete:
(1) 12 credit points in junior prerequisite units of study, as follows:
- BUSS1020 Quantitative Business Analysis OR ECMT1010 Introduction to Economic Statistics +
- ECMT1020 Introduction to Econometrics.
+ Students enrolled in the Bachelor of Commerce and combined degrees (administered by the Business School) MUST complete BUSS1020 as a prerequisite for this major (as it is a core unit for these programs).
(2) 36 credit points in senior units of study, comprising:
(i) 12 credit points in compulsory units of study, as follows:
- ECMT2150 Intermediate Econometrics
- ECMT2160 Econometrics Analysis
(ii) 24 credit points in elective units of study (with a minimum of 18 credit points at 3000-level) selected from the following:
- ECMT2120 Analysis of Discrete Choice Data *
- ECMT2130 Financial Econometrics
- ECMT3110 Econometric Models and Methods
- ECMT3120 Applied Econometrics
- ECMT3130 Forecasting for Economics and Business
- ECMT3150 The Econometrics of Financial Markets
- ECMT3160 Statistical Modelling *
- ECMT3170 Computational Econometrics
- ECMT3171 Spatial Econometrics *
- ECOS3903 Applied Microeconometrics ^
- ECOS3904 Applied Macroeconometrics ^
* Not offered for 2017.
^ These units can only be counted toward either an Economics or an Econometrics major, not both.
Note: All units of study listed are six credit points unless otherwise indicated.
Unit of study prerequisites, corequisites and other requirements are outlined in Table B units of study: School of Economics.