BEX6510 Foundations of econometrics
Faculty of Business and Economics
BEX6510 Foundations of econometrics is a level 6, 0-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 2 at Clayton. It needs ETX6500 or BEX6500.
- Credit points
- 0
- Offered in 2021
- Semester 2
- Clayton
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2027 entry.
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Requisites
Before BEX6510
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After BEX6510
No unit lists BEX6510 as a prerequisite in the 2021 handbook.
Enrolment rules
Students must be enrolled in course 0029 or 3194.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit provides a rigorous treatment of core methods of econometric estimation and inference in a single and also multiple equation settings. While students are encouraged to look at every problem from several views (informal, algebraic, geometric, etc.), a large emphasis is placed on constructing formal arguments, and the importance of clear notation, definitions, assumptions and deductive arguments is emphasised. Formal lectures and references to graduate level textbooks are provided, and students are also assigned and encouraged to read some classic journal articles. This unit is designed for PhD students who intend to write a thesis in econometrics or business statistics. It is not intended for PhD students in other disciplines who need to learn some quantitative techniques for the empirical section of their dissertations, although students from other departments who are interested in more advanced methods may wish to take this unit.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment40%
- ExaminationThreshold hurdle60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
ensure PhD candidates master the core elements of econometrics to be able to generalise and apply these principles to research questions
- 2
encourage and train PhD students to grind through complex scholarly journal articles and harvest the elements needed to conduct research
- 3
train PhD students in developing a habit of using clear notation and clear arguments in research work.
Workload and teaching
- Lectures24 hours
- Tutorials24 hours
- Teaching approachActive 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.
Contacts
- Chief Examiners
- Professor Donald Poskitt
Common questions
What are the prerequisites for BEX6510?
You need ETX6500 or BEX6500 before you enrol. Enrolment rules also apply.
When is BEX6510 offered?
In 2021, BEX6510 runs in Semester 2 at Clayton.
How much work is BEX6510?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BEX6510 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.