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UnitLevel 3Undergraduate

ETC3440 Introductory econometrics

Faculty of Business and Economics

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ETC3440 Introductory econometrics is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2020. It needs ETB1100, ETW1000, STA1010, ETC1000, ETW1100, ETF1100, FIT1006, ETS1102 or SCI1020 and unlocks 19 units, leading on to 28 units in all.

Credit points
6
Offered in 2020
Not offered
Workload
144 hours
per semester

This is the 2020 handbook entry. See the 2025 entry.

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Requisites

Before ETC3440

Prerequisites

Pass these before you enrol.

One of

Prohibitions

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

One of

After ETC3440

19 units list ETC3440 as a prerequisite or corequisite.

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Equivalent units

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

Overview

This unit introduces students to the empirical analysis of relationships between economic variables. The approach is based on linear regression theory, and emphasises 'hands on' data analysis. Topics studied will include properties of least squares estimators, hypothesis testing, the choice of appropriate functional form, the use of dummy variables, issues around modelling survey data and the problems of serial correlation, heteroscedasticity and multicollinearity.

Offerings in 2020

The 2020 handbook lists no offerings for ETC3440.

Learning outcomes

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

  1. 1

    understand and derive the properties of ordinary least squares in summation and matrix notation

  2. 2

    interpret, evaluate and apply inferential methods to multiple linear regression

  3. 3

    understand the use and implications of data scaling, functional form and dummy variables in regression modelling

  4. 4

    identify the presence of heteroscedasticity, adjust OLS standard errors and perform feasible GLS in regression models

  5. 5

    understand issues related to modelling with time-series data.

Workload and teaching

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 Farshid Vahid-Araghi

Common questions

What are the prerequisites for ETC3440?

You need ETB1100, ETW1000, STA1010, ETC1000, ETW1100, ETF1100, FIT1006, ETS1102 or SCI1020 before you enrol.

What can I take after ETC3440?

ETC3440 is a prerequisite or corequisite for 19 units, including ETC3550, ETC3580, ETC5340, ETC5341, ETC5345 and ETF3200. Those lead on to 28 units in all.

When is ETC3440 offered?

ETC3440 has no offerings listed in the 2020 handbook.

How much work is ETC3440?

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

More details

Credit points
6
Level
3
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Econometrics and Business Statistics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 3
Study abroad
Not available
Handbook years
202020212022202320242025