This unit develops foundations for more advanced study in econometrics. It begins with an introduction to matrix algebra, which is an essential part of the language of econometrics. This is followed by a formal introduction to probability and statistics, leading up to the law of large numbers and central limit theorem. Finally, these foundations are applied to the study of the linear regression model, the workhorse of econometric analysis.
Unit details and rules
Academic unit | Economics |
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Credit points | 6 |
Prerequisites
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ECMT2150 or ECMT2950 or ECMT2110 |
Corequisites
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None |
Prohibitions
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None |
Assumed knowledge
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None |
Available to study abroad and exchange students | Yes |
Teaching staff
Coordinator | Brendan K Beare, brendan.beare@sydney.edu.au |
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