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Unit of study_
ECMT6002: Econometric Applications
2025 unit information
This unit illustrates how econometric methods can be applied to economic data to solve problems that arise in economics and business. Econometric theory provides the techniques needed to quantify the strength and form of relationships between variables. Applied econometrics is concerned with the strategies that need to be employed to use these techniques effectively; to determine which model to specify and whether the data are appropriate. Guidelines for undertaking applied work are discussed. Case studies drawn from economics, marketing, finance, and accounting are also discussed. The unit includes a major econometric modelling project.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Postgraduate |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
|
Prerequisites:
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ECMT5001 |
|---|---|
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Corequisites:
?
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None |
| Prohibitions:
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ECMT6702 |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. list and explain the assumptions underlying the multiple regression model
- LO2. understand major econometric methods, including least squares, instrumental variable, 2SLS, and maximum likelihood
- LO3. interpret the estimates from the application of models to data
- LO4. explain the advantages and disadvantages of various models and estimators
- LO5. apply appropriate models and estimators to real data sets using specialised econometric software.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 1 2024
|
Normal day | Camperdown/Darlington, Sydney | |
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Semester 2 2024
|
Normal day | Camperdown/Darlington, Sydney |
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
|
Semester 1 2025
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
|
|
Semester 2 2025
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
|
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Modes of attendance (MoA)
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