This unit is intended to be an introduction to the classical linear regression model (CLRM), the underlying assumptions, and the problem of estimation. Further, we consider hypothesis testing, and interval estimation, and regressions with dummy variables and limited dependent variable models. Finally, we consider different functional forms of the regression model and the problem of heteroskedasticity. Throughout we will try to emphasise the essential interplay between econometric theory and economic applications.
Unit details and rules
Academic unit | Economics |
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Credit points | 6 |
Prerequisites
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ECMT1010 or ECOF1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015 or DATA1001 or DATA1901 |
Corequisites
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None |
Prohibitions
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ECMT1001 or ECMT1002 or ECMT1003 or ECMT1021 or ECMT1022 or ECMT1023 |
Assumed knowledge
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Students enrolled in this unit have an assumed knowledge equal to or exceeding 70 or higher in HSC Mathematics (or equivalent), or 35 or higher in HSC Mathematics Extension 1 (or equivalent), or 35 or higher in HSC Mathematics Extension 2 (or equivalent) |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Ye Lu, ye.lu1@sydney.edu.au |
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