UnitLevel 5Postgraduate

ETF5910 Introductory applied econometrics

Faculty of Business and Economics

ETF5910 Introductory applied econometrics is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2025 in Semester 1 and Semester 2 at Caulfield. It needs ETC5900, ETW1001, ETX1100, ETF1100, FIT1006, ETX5900, ETB1100, ETF5900, SCI1020, ETC1000, ETM5900 or STA1010 and unlocks 13 units, leading on to 21 units in all.

Credit points: 6
Offered in 2025: Semester 1, Semester 2; Caulfield
Assessment: Exam 100%; and 3 other tasks
Workload: 144 hours; per semester

This is the 2025 handbook entry. See the 2027 entry.

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Requisites

Before ETF5910

Prohibitions

You can't enrol if you have passed any of these.

One of

Prerequisites

Pass these before you enrol.

One of

After ETF5910

13 units list ETF5910 as a prerequisite or corequisite.

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Enrolment rules

If you are enrolled in course B5007, B6022, B6030, B6036, B6043 or B6045, there is no prerequisite.

Overview

Econometrics is a set of research tools employed not only in economics but also in business disciplines. This unit covers the basic tools for estimation in the context of simple and multiple linear regression, the sampling properties of the least squares estimator, statistical inference and hypothesis testing. It also covers regression with dummy variables, model specification issues and estimation problems when least squares assumptions are violated. Statistical analysis software is used as the software package.

Offerings in 2025

Teaching period	Campus	Mode
First semester	Caulfield	Blended
Second semester	Caulfield	On campus
November teaching period	Caulfield	On campus, block

Assessment

Within semester assessment
50%
Examination
50%
Exercise
10%
Written
40%
Examination
50%

Learning outcomes

When you finish this unit, you should be able to:

1
apply econometric tools to modelling, estimation, inference, and forecasting in the context of real world economic and business problems
2
formulate and test hypotheses about the relationships between variables
3
understand the nature and consequences of violation of the classical assumptions and know how to test for violations
4
apply the skills and knowledge from the unit to real situations in business and economics, critically analysis and evaluate the results from applications, and make policy recommendations
5
demonstrate the ability to generate and analyse statistical analysis software computer output for business and economic applications.

Workload and teaching

Tutorials12 hours
Seminars24 hours
Workshops12 hours
Workshops24 hours
Workshops36 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

ETF5910 is part of 2 areas of study in the 2025 handbook.

Contacts

Chief Examiners: Alyssa Hu; Associate Professor Bin Peng; Professor Otavio Bartalotti

Common questions

What are the prerequisites for ETF5910?

You need ETC5900, ETW1001, ETX1100, ETF1100, FIT1006, ETX5900, ETB1100, ETF5900, SCI1020, ETC1000, ETM5900 or STA1010 before you enrol. Enrolment rules also apply.

What can I take after ETF5910?

ETF5910 is a prerequisite or corequisite for 13 units, including ETC5340, ETC5341, ETC5345, ETC5346, ETC5550 and ETC5580. Those lead on to 21 units in all.

When is ETF5910 offered?

In 2025, ETF5910 runs in Semester 1 and Semester 2 at Caulfield.

How much work is ETF5910?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ETF5910 have an exam?

Yes. The exam is worth 100% of the final mark, alongside 4 other tasks.

Which majors and minors include ETF5910?

ETF5910 is part of Data analytics for business; and Economics and health.

More details

Credit points: 6
Level: 5
Study level: Postgraduate
Faculty: Faculty of Business and Economics
Organisational unit: Department of Econometrics and Business Statistics

Type: Coursework
EFTSL: 0.125
Student contribution: SCA Band 1
Study abroad: Available
Handbook years: 2020 2021 2022 2023 202420252026 2027