ETC4410 Macroeconometrics
Faculty of Business and Economics
ETC4410 Macroeconometrics is a level 4, 6-credit-point, undergraduate and postgraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 2 at Caulfield. It needs ETC3550, ETC3410, ETC3400, ETC3450, ETF3200 or ETF3231.
- Credit points
- 6
- Offered in 2023
- Semester 2
- Caulfield
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ETC4410. This is its 2023 entry, the latest one.
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Requisites
Before ETC4410
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ETC4410
No unit lists ETC4410 as a prerequisite in the 2023 handbook.
Enrolment rules
You must be enrolled in course B3701 to undertake this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit involves a critical review of recent empirical work and techniques in modern macroeconometrics. The topics to be covered include: i) the techniques used to estimate causal effects for use in policy-making, and applying these in a range of contexts; ii) structural vector autoregressions; iii) practical applications of these topics that address macroeconomic issues. On completion of this unit, you should be familiar with recent developments in these fields, and have developed the skills to undertake empirical work. Further, you should be able to critically evaluate empirical work and related policy implications.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the modelling of trends, cycles and structural breaks
- 2
specify, estimate and interpret structural vector autoregressions
- 3
understand and critically assess methods used in applied settings such as by the Reserve Bank of Australia.
Workload and teaching
- Workshops36 hours
- Teaching approachProblem-based learning
- 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.
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.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- Dr Benjamin Wong
Common questions
What are the prerequisites for ETC4410?
You need ETC3550, ETC3410, ETC3400, ETC3450, ETF3200 or ETF3231 before you enrol. Enrolment rules also apply.
When is ETC4410 offered?
In 2023, ETC4410 runs in Semester 2 at Caulfield.
How much work is ETC4410?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETC4410 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.