ETF5320 Applied econometrics
Faculty of Business and Economics
ETF5320 Applied econometrics is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2025 in Semester 2 at Caulfield. It needs ETC2410, ETF5910, ETW2510, ETC3440, ETC5241 or ETF2100 and unlocks 4 units.
- Credit points
- 6
- Offered in 2025
- Semester 2
- Caulfield
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2025 handbook entry. See the 2027 entry.
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Requisites
Before ETF5320
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ETF5320
4 units list ETF5320 as a prerequisite or corequisite.
Enrolment rules
If you are enrolled in B6036, B6043 or B6045 there are no prerequisites.
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 2025
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | Blended |
Assessment
- Written40%
- 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
- Tutorials12 hours
- Seminars24 hours
- Workshops12 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. 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 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
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
ETF5320 is part of 2 areas of study in the 2025 handbook.
Contacts
- Chief Examiners
- Dr Janjala Chirakijja
Common questions
What are the prerequisites for ETF5320?
You need ETC2410, ETF5910, ETW2510, ETC3440, ETC5241 or ETF2100 before you enrol. Enrolment rules also apply.
What can I take after ETF5320?
ETF5320 is a prerequisite or corequisite for 4 units, including ETC5420, ETF5560, ETX5200 and ETX5441.
When is ETF5320 offered?
In 2025, ETF5320 runs in Semester 2 at Caulfield.
How much work is ETF5320?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETF5320 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.
Which majors and minors include ETF5320?
ETF5320 is part of Economics; and Economics and health.