This unit provides an introduction to the econometrics of cross-section and panel data. We start with a discussion of the assumptions underlying the simple and multiple linear regression model. We then build an understanding of the econometric methods available when these assumptions do not hold. More specifically, we cover heteroscedasticity and GLS, omitted variable bias, measurement error and instrumental variables. We finish with an introduction to using pooled cross sections and panel data for policy analysis and to estimate treatment effects. Throughout the unit, emphasis is placed on economic applications of the models and practical computer applications are incorporated.
Unit details and rules
Academic unit | Economics |
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Credit points | 6 |
Prerequisites
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(ECMT1010 or MATH1905 or MATH1005 or MATH1015 or DATA1001 or DATA1901 or ENVX1002) and (ECMT1020 or MATH1002 or MATH1902 or DATA1002 or DATA1903) or (BUSS1020) |
Corequisites
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None |
Prohibitions
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ECMT2110 or ECMT2950 |
Assumed knowledge
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None |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Luke Hartigan, luke.hartigan@sydney.edu.au |
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Tutor(s) | Felipe Queiroz Pelaio, felipe.queirozpelaio@sydney.edu.au |