INTRODUCTION TO TIME SERIES ECONOMETRICS

ECM3ITE

2014

Credit points: 15

Subject outline

The purpose of this subject is to introduce students to the theoretical and applied aspects of univariate time-series modeling in Economics and Finance. The topics to be discussed include the motivation for time series analysis and forecasting, time series decomposition, exponential smoothing, difference equations, the Box-Jenkins methodology, intervention analysis, transfer function models, stochastic trends, and unit-root testing. There will be a strong focus on applications and on the use of the EViews time series software package.

Faculty: Faculty of Business, Economics and Law

Credit points: 15

Subject Co-ordinator: Laszlo Konya

Available to Study Abroad Students: Yes

Subject year level: Year Level 3 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: ECM2IE or ECO2EME

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsElements of forecasting (4th ed.)PrescribedDiebold, F.SOUTH-WESTERN COLLEGE PUBLISHING: CINCINNATI, 2007
ReadingsAn introduction to applied econometrics: A time series approachRecommendedPatterson, K.PALGRAVE MACMILLAN:UK ACADEMIC, 1998
ReadingsApplied econometric time seriesRecommendedEnders, W.3RD EDN, JOHN WILEY, 2010
ReadingsTime series models for business and economic forecastingRecommendedFranses, P. H.CAMBRIDGE UNIVERSITY PRESS, 1998

Albury-Wodonga, 2014, Semester 1, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Laszlo Konya

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

Assessments

Assessment elementComments%
Three 1,000-word assignments100

Bendigo, 2014, Semester 1, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Laszlo Konya

Class requirements

TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

LectureWeek: 10 - 22
One 2.0 hours lecture per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

Assessments

Assessment elementComments%
Three 1,000-word assignments100

Melbourne, 2014, Semester 1, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Laszlo Konya

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

Assessments

Assessment elementComments%
Three 1,000-word assignments100

Mildura, 2014, Semester 1, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Laszlo Konya

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

Assessments

Assessment elementComments%
Three 1,000-word assignments100

Shepparton, 2014, Semester 1, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Laszlo Konya

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on any day including weekend during the day from week 10 to week 22 and delivered via online.

Assessments

Assessment elementComments%
Three 1,000-word assignments100