MODELLING WITH ECONOMETRICS: CHALLENGES AND SOLUTIONS
Credit points: 15
This subject builds on the multiple regression methodology and presents some general estimation and testing methods used in modern econometrics for applied economics and finance. The first part covers estimation and testing methods that address issues which arise when working with data that have a more general structure, such as cross-sectional data, discrete choice or outcome data and panel data. The second part of the subject will cover issues that are related to testing and estimation using non-stationary time series data in economics and finance, involving both unit root testing and co-integration. Empirical applications in economics and finance will be carried out using EVIEWS or similar software.
SchoolLa Trobe Business School
Subject Co-ordinatorJae Kim
Available to Study Abroad/Exchange StudentsYes
Subject year levelYear Level 3 - UG
Available as ElectiveNo
PrerequisitesECM2IE OR ECO2EME
Quota Management StrategyN/A
Quota-conditions or rulesN/A
Minimum credit point requirementN/A
Self sourced or Uni sourcedN/A
Entire subject or partial subjectN/A
Total hours/days requiredN/A
Location of WBL activity (region)N/A
WBL addtional requirementsN/A
Graduate capabilities & intended learning outcomes
Intended Learning Outcomes
Select to view your study options…
Melbourne (Bundoora), 2020, Semester 1, Day
Maximum enrolment sizeN/A
Subject Instance Co-ordinatorJae Kim
One 1.00 h laboratory class per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
"Conducted as computer lab classes where students work on applications and assessments relevant to the curriculum."
One 2.00 h lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
|One 2-hour final examination, equivalent to 2,000 words per student.||N/A||N/A||No||50||SILO1, SILO2, SILO3, SILO4, SILO5|
|Two tutorial quizzes, equivalent to 250 words each per student, or 500 words in total.||N/A||N/A||No||10||SILO1, SILO2|
|Two individual quantitative assignments on empirical estimation, equivalent to 500 words each.||N/A||N/A||No||20||SILO1, SILO3, SILO4|
|One group research-related assignment, equivalent to 1,000 words per student. Groups of two, so total equivalent word count of 2,000 words for the assignment.||N/A||N/A||No||20||SILO1, SILO2, SILO3, SILO4, SILO5|