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ECMT3120 - Applied Econometrics
Faculty of Arts and Social Sciences - 6 credit points
HECS Band five
Domestic Fee: $3,662
International Fee: $4,287
EFTSL: 0.125000000
Help? - Unit of Study Costs
Department: Economics
Offered session(s): 2
Prerequisites: ECMT3110 or ECMT3010 or (ECMT2150 and ECMT2160)
Prohibitions: ECMT3020
Classes: 1x2-hr lecture/week, 1x1-hr tutorial/week

Assessment: group project (25%), mid-semester test (25%), 2hr final exam (50%)

Econometric theory provides techniques to quantify the strength and form of relationships between variables. Applied Econometrics is concerned with the appropriate use of these techniques in practical applications in economics and business. General principles for undertaking applied work are discussed and necessary research skills developed. In particular, the links between econometric models and the underlying substantive knowledge or theory for the application are stressed. Topics will include error correction models, unit roots and cointegration and models for cross section data, including limited dependent variables. Research papers involving empirical research are studied and the unit features all students participating in a group project involving econometric modelling.
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