INTRODUCTORY ECONOMETRICS

ECM2IE

2015

Credit points: 15

Subject outline

This subject provides students with the necessary skills in statistical and econometric techniques to carry out independent empirical studies. This subject presents the theory of multiple regression used to estimate and test the validity of economic relationships. Students will study OLS estimation, the Gauss-Markov Theorem, diagnostic tests and GLS estimation. Students will also study the applications of these techniques to various empirical examples using Eviews software.

School: La Trobe Business School

Credit points: 15

Subject Co-ordinator: Heidi Ryoo

Available to Study Abroad Students: Yes

Subject year level: Year Level 2 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: ECO2IED or BUS1BAN or ECO1ISB

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: STA3LM

Special conditions: N/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsPrinciples of Econometrics, Fourth EditionPrescribedGriffiths, W., R. Hill and G. Lim, WileyN/A
ReadingsUsing Eviews for Principles of Econometrics, Fourth EditionPrescribedGriffiths, W., R. Hill and G. LimWILEY

Graduate capabilities & intended learning outcomes

01. Critically analyse an estimated model

Activities:
Laboratory classes, Assignments, Examinations
Related graduate capabilities and elements:
Inquiry/ Research(Inquiry/ Research)
Writing(Writing)
Creative Problem-solving(Creative Problem-solving)
Critical Thinking(Critical Thinking)

02. Demonstrate an understanding of statistical formulas and apply them to specific examples

Activities:
Laboratory Classes, Assignments, Examinations
Related graduate capabilities and elements:
Inquiry/ Research(Inquiry/ Research)
Critical Thinking(Critical Thinking)

03. Use the software package 'EViews' and/or the printouts of its output to diagnose violation of assumptions and perform estimation and hypothesis tests

Activities:
Laboratory Classes, Assignments, Examinations
Related graduate capabilities and elements:
Creative Problem-solving(Creative Problem-solving)
Writing(Writing)
Inquiry/ Research(Inquiry/ Research)
Critical Thinking(Critical Thinking)

04. Demonstrate an understanding of the properties of good estimators, the Gauss-Markov Theorem and the assumptions it requires

Activities:
Assignments, Examinations
Related graduate capabilities and elements:
Inquiry/ Research(Inquiry/ Research)

Albury-Wodonga, 2015, Semester 2, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Heidi Ryoo

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Laboratory ClassWeek: 31 - 43
One 1.0 hours laboratory class per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Assessments

Assessment elementComments%ILO*
Assignment1001, 02, 03, 04
Mid semester exam2001, 02, 03, 04
One 2-hour final examination (hurdle)6001, 02, 03, 04
Tutorial Assignment1001, 02, 03, 04

Bendigo, 2015, Semester 2, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Heidi Ryoo

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Laboratory ClassWeek: 31 - 43
One 1.0 hours laboratory class per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Assessments

Assessment elementComments%ILO*
Assignment1001, 02, 03, 04
Mid semester exam2001, 02, 03, 04
One 2-hour final examination (hurdle)6001, 02, 03, 04
Tutorial Assignment1001, 02, 03, 04

Melbourne, 2015, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Heidi Ryoo

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Laboratory ClassWeek: 10 - 22
One 1.0 hours laboratory class per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Assignment1001, 02, 03, 04
Mid semester exam2001, 02, 03, 04
One 2-hour final examination (hurdle)6001, 02, 03, 04
Tutorial Assignment1001, 02, 03, 04

Melbourne, 2015, Semester 2, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Heidi Ryoo

Class requirements

Laboratory ClassWeek: 31 - 43
One 1.0 hours laboratory class per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Assessments

Assessment elementComments%ILO*
Assignment1001, 02, 03, 04
Mid semester exam2001, 02, 03, 04
One 2-hour final examination (hurdle)6001, 02, 03, 04
Tutorial Assignment1001, 02, 03, 04

Mildura, 2015, Semester 2, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Heidi Ryoo

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Laboratory ClassWeek: 31 - 43
One 1.0 hours laboratory class per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Assessments

Assessment elementComments%ILO*
Assignment1001, 02, 03, 04
Mid semester exam2001, 02, 03, 04
One 2-hour final examination (hurdle)6001, 02, 03, 04
Tutorial Assignment1001, 02, 03, 04

Shepparton, 2015, Semester 2, Online

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Heidi Ryoo

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Laboratory ClassWeek: 31 - 43
One 1.0 hours laboratory class per week on any day including weekend during the day from week 31 to week 43 and delivered via online.

Assessments

Assessment elementComments%ILO*
Assignment1001, 02, 03, 04
Mid semester exam2001, 02, 03, 04
One 2-hour final examination (hurdle)6001, 02, 03, 04
Tutorial Assignment1001, 02, 03, 04

Vietnam, 2015, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: Heidi Ryoo

Class requirements

LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Assignment1001, 02, 03, 04
Mid semester exam2001, 02, 03, 04
One 2-hour final examination (hurdle)6001, 02, 03, 04
Tutorial Assignment1001, 02, 03, 04