ecm4mes microeconometrics
MICROECONOMETRICS
ECM4MES
2014
Credit points: 15
Subject outline
In this subject, students develop skills for econometrically analysing microeconomic units i.e. individuals and firms. First, students learn about the econometrics of (public or private) program evaluation. Second, techniques for analysing panel datasets of large number of individuals over short periods of time are covered. Both of these topics extend how techniques covered in ECM2IE are used. In the third topic, substantially different techniques for analysing problems where the decision variable is discrete or truncated are introduced. Individual heterogeneity and endogeneity problems will be covered where relevant. Applications are drawn from industrial economics, finance, labour economics and marketing.
FacultyFaculty of Business, Economics and Law
Credit points15
Subject Co-ordinatorDavid Prentice
Available to Study Abroad StudentsYes
Subject year levelYear Level 4 - UG/Hons/1st Yr PG
Exchange StudentsYes
Subject particulars
Subject rules
Prerequisites ECM2IE or ECO2EME
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
Resource Type | Title | Resource Requirement | Author and Year | Publisher |
---|---|---|---|---|
Readings | Microeconometrics: methods and applications | Prescribed | Cameron, A. Colin and Pravin K. Trivedi | UP |
Readings | Introductory econometrics: a modern approach | Preliminary | Wooldridge, Jeffery | SOUTH-WESTERN |
Subject options
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Melbourne, 2014, Semester 2, Day
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinator
Class requirements
Computer LaboratoryWeek: 31 - 43
One 1.0 hours computer laboratory per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
SeminarWeek: 31 - 43
One 2.0 hours seminar per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
Assessments
Assessment element | Comments | % |
---|---|---|
Four assignments totalling 2000 word s | 40 | |
One two hour final exam | 60 |