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 2024 in Semester 2 at Caulfield. It needs ETF2100, ETW2510, ETC2410 or ETC3440 and unlocks 5 units.
- Credit points
- 6
- Offered in 2024
- Semester 2
- Caulfield
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Requisites
Before ETF3200
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ETF3200
5 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 provides you with an understanding of techniques in modern econometrics widely used for answering empirical questions in business and economics. You will learn to apply these methods to real-world problems and data using appropriate statistical software. The topics covered include multiple regression analysis, instrumental variables estimation, modeling discrete dependent variables, analysis of data sets that have both a cross-section and a time-series dimension, and difference-in-differences method.
Offerings in 2024
| 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
explain applied econometric concepts such as causal effects, endogeneity, selection bias, and simultaneity
- 2
understand the techniques in modern econometrics discussed in the unit including multiple regression analysis, instrumental variables estimation, modelling of discrete dependent variables, panel data analysis, and differences-in-differences method
- 3
use statistical software to manage data and conduct empirical analysis using the econometric techniques discussed
- 4
interpret empirical findings and discuss potential problems and limitations of empirical studies in business and economics.
Workload and teaching
- Seminars24 hours
- Tutorials18 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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
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.
Learning resources
Technology resources
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
ETF3200 is part of 2 areas of study in the 2024 handbook.
Contacts
- Chief Examiners
- Professor Farshid Vahid-Araghi
Common questions
What are the prerequisites for ETF3200?
You need ETF2100, ETW2510, ETC2410 or ETC3440 before you enrol. Enrolment rules also apply.
What can I take after ETF3200?
ETF3200 is a prerequisite or corequisite for 5 units, including ETC4420, ETC5420, ETF5200, ETX4410 and ETX5441.
When is ETF3200 offered?
In 2024, 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.