ETF3200 Applied econometrics
Faculty of Business and Economics
ETF3200 Applied econometrics is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 2 at Caulfield. It needs ETC3440, ETF2100, ETC2410 or ETW2510 and unlocks 3 units.
- Credit points
- 6
- Offered in 2022
- Semester 2
- Caulfield
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2027 entry.
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Requisites
Before ETF3200
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ETF3200
3 units list ETF3200 as a prerequisite or corequisite.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in 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 applied econometrics. The topics covered are linear regression models with random regressors, method of moments and instrumental variables estimation; simultaneous equations models; models for time-series data; introduction to maximum likelihood estimation; models for discrete dependent variables and models for panel data. EViews computer software is used to carry out data analysis and estimation.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment40%
- Examination60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
conduct statistical inference in linear regression models with random regressors using the method of moments and the instrumental variables estimators
- 2
conduct statistical inference for simultaneous equations models
- 3
understand the statistical properties of non-stationary macroeconomic time series data and how to model the long-run relationships among co-integrated time series
- 4
conduct statistical inference in models with discrete dependent variables
- 5
conduct statistical inference in panel data models.
Workload and teaching
- Lectures24 hours
- Tutorials18 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.
Learning resources
Required resources
Hill, Griffiths and Lim (2018) Principles of Econometrics, 5th edition, John Wiley & Sons.
Where it fits
ETF3200 is part of 2 areas of study in the 2022 handbook.
Contacts
- Chief Examiners
- Professor Heather Anderson
Common questions
What are the prerequisites for ETF3200?
You need ETC3440, ETF2100, ETC2410 or ETW2510 before you enrol. Enrolment rules also apply.
What can I take after ETF3200?
ETF3200 is a prerequisite or corequisite for 3 units, including ETC4420, ETC5441 and ETF5200.
When is ETF3200 offered?
In 2022, ETF3200 runs in Semester 2 at Caulfield.
How much work is ETF3200?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETF3200 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.
Which majors and minors include ETF3200?
ETF3200 is part of Business analytics and statistics.