ETF3210 Econometrics and statistics for energy and climate
Faculty of Business and Economics
ETF3210 Econometrics and statistics for energy and climate is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2023. It needs ETC2410, ETF2100, ETC2420, ETW2510, ETF2020 or ETC3440.
- Credit points
- 6
- Offered in 2023
- Not offered
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2025 entry.
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Requisites
Before ETF3210
Prerequisites
Pass these before you enrol.
After ETF3210
No unit lists ETF3210 as a prerequisite in the 2023 handbook.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit introduces econometric models and methods for analyzing energy and climate data. You will develop an in-depth understanding of how the markets work, how to obtain and interpret data, and how to use statistical analysis to deal with important real-world problems related to the energy and climate.
Offerings in 2023
The 2023 handbook lists no offerings for ETF3210.
Assessment
- Within semester assessment50%
- ExaminationThreshold hurdle50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
describe energy markets and various types of energy data
- 2
discuss and interpret climate data
- 3
explore time series, panel data and spatial econometrics models that are relevant for energy and climate data and select appropriate models for a given data set
- 4
understand methods for estimating relevant models, and employ statistical packages to apply the models to real world data
- 5
interpret and communicate the output of data analysis.
Workload and teaching
- Tutorials18 hours
- Seminars24 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.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
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
ETF3210 is part of 2 areas of study in the 2023 handbook.
Common questions
What are the prerequisites for ETF3210?
You need ETC2410, ETF2100, ETC2420, ETW2510, ETF2020 or ETC3440 before you enrol.
When is ETF3210 offered?
ETF3210 has no offerings listed in the 2023 handbook.
How much work is ETF3210?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETF3210 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include ETF3210?
ETF3210 is part of Business analytics and statistics.