UnitLevel 3Undergraduate

BEX3410 Applied econometrics

Faculty of Business and Economics

BEX3410 Applied econometrics is a level 3, 0-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 at Clayton. It has no prerequisites.

Credit points
0
Offered in 2022
Semester 1
Clayton
Assessment
Exam 60%
and 1 other task
Workload
144 hours
per semester

This is the 2022 handbook entry. See the 2023 entry.

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Requisites

Before BEX3410

Prohibitions

You can't enrol if you have passed any of these.

After BEX3410

No unit lists BEX3410 as a prerequisite in the 2022 handbook.

Enrolment rules

You must be enrolled in course 0029 or 3194 to undertake this unit.

Equivalent units

The same content under another code. Only one of them counts.

Overview

This unit presents econometric models and techniques that are widely used in modern applied econometrics. Emphasis is placed on models that address the special problems that arise when analysing microeconomic data, that is, data at the level of individual consumers, households and firms. The topics covered include modelling discrete dependent variables, modelling data sets that have both a cross-section and a time-series dimension and conducting inference in models in which the dependent variable is jointly determined with one or more of the regressors. The models taught in this unit are widely used in empirical work in economics, finance and marketing.

Offerings in 2022

Teaching periodCampusMode
First semesterClaytonOn campus

Assessment

  • Within semester assessment
    40%
  • Examination
    60%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    conduct statistical inference in statistical models with a binary dependent variable

  2. 2

    conduct statistical inference in statistical models with one or more endogenous explanatory variables

  3. 3

    conduct statistical inference in a system of simultaneous equations

  4. 4

    conduct statistical inference on data that has both a time series and a cross section dimension.

Workload and teaching

  • Tutorials12 hours
  • Lectures24 hours
  • Teaching approachActive learning
  • Teaching approachProblem-based learning

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.

Contacts

Chief Examiners
Dr Bonsoo Koo

Common questions

What are the prerequisites for BEX3410?

BEX3410 has no prerequisites, but enrolment rules apply.

When is BEX3410 offered?

In 2022, BEX3410 runs in Semester 1 at Clayton.

How much work is BEX3410?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does BEX3410 have an exam?

Yes. The exam is worth 60% of the final mark, alongside 1 other task.

More details

Credit points
0
Level
3
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Econometrics and Business Statistics
Type
HDR
EFTSL
0
Student contribution
SCA Band 4
Study abroad
Not available
Handbook years
2020202120222023