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ECMT6002 - Econometric Applications
Faculty of Arts and Social Sciences - 6 credit points
HECS Band five
EFTSL: 0.125000000
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Department: Economics
Offered session(s): 1, 2
Prerequisites: ECMT5001
Prohibitions: ECMT5002
Classes: 1x3-hr lecture/week

Assessment: group project (25%), mid-semester test (25%) and 1x2hr final exam (50%)

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.
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