ETS2410 Introductory econometrics
Faculty of Business and Economics
ETS2410 Introductory econometrics is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2022. It needs ETS2111 or ETW2111 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2022
- Not offered
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ETS2410. This is its 2022 entry, the latest one.
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Requisites
Before ETS2410
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ETS2410
1 unit list ETS2410 as a prerequisite or corequisite.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit introduces you to the empirical analysis of relationships between economic variables. The approach is based on linear regression theory and emphasises 'hands on' data analysis. Topics studied will include properties of least squares estimators, hypothesis testing, the choice of appropriate functional form, the use of dummy variables, issues around modelling survey data, and the problems of serial correlation, heteroscedasticity and multicollinearity.
Offerings in 2022
The 2022 handbook lists no offerings for ETS2410.
Assessment
- Within semester assessment40%
- ExaminationThreshold hurdle60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand and derive the properties of ordinary least squares in summation and matrix notation
- 2
interpret, evaluate and apply inferential methods to multiple linear regression
- 3
understand the use and implications of data scaling, functional form and dummy variables in regression modelling
- 4
identify the presence of heteroscedasticity, adjust OLS standard errors and perform feasible GLS in regression models
- 5
understand issues related to modelling with time-series data.
Workload and teaching
- Lectures72 hours
- 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. 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.
Lecture and tutorials or problem-solving during tutorial/computer lab classes
Learning resources
Required resources
"Introductory Econometrics: A Modern Approach", by Jeffrey M.Wooldridge, either the 3rd Edition,
2006, or the 4th Edition, 2008.
Contacts
- Chief Examiners
- Ms Cynthia Bedwei-Majdoub
Common questions
What can I take after ETS2410?
ETS2410 is a prerequisite or corequisite for 1 unit, including ETS3410.
When is ETS2410 offered?
ETS2410 has no offerings listed in the 2022 handbook.
How much work is ETS2410?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETS2410 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.