ETS3410 Applied econometrics
Faculty of Business and Economics
ETS3410 Applied econometrics is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 at South Africa. It needs ETS2410 and unlocks 1 unit.
- Credit points
- 6
- Offered in 2020
- Semester 1
- South Africa
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2022 entry.
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Requisites
Before ETS3410
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ETS3410
1 unit list ETS3410 as a prerequisite or corequisite.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit presents econometric models and techniques that are widely used in modern applied econometrics. Emphasis is placed on models that address the special problems that arise when analysing microeconomic data, that is, data at the level of individual consumers, households and firms. The topics covered include modelling discrete dependent variables, modelling data sets that have both a cross-section and a time-series dimension and conducting inference in models in which the dependent variable is jointly determined with one or more of the regressors. The models taught in this unit are widely used in empirical work in economics, finance and marketing.
Offerings in 2020
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | South Africa | On campus |
Assessment
- Within semester assessment40%
Learning outcomes
When you finish this unit, you should be able to:
- 1
conduct statistical inference in statistical models with a binary dependent variable (LOGIT and PROBIT models)
- 2
conduct statistical inference in statistical models with a limited dependent variable (TOBIT and Censored Regression models)
- 3
conduct statistical inference in statistical models with one or more endogenous explanatory variables
- 4
conduct statistical inference in a system of simultaneous equations
- 5
conduct statistical inference on data that has a time series dimension.
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, 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
Lecture notes on Moodle
Contacts
- Chief Examiners
- Mr Rakesh Bhurtun
Common questions
What are the prerequisites for ETS3410?
You need ETS2410 before you enrol.
What can I take after ETS3410?
ETS3410 is a prerequisite or corequisite for 1 unit, including ETC5420.
When is ETS3410 offered?
In 2020, ETS3410 runs in Semester 1 at South Africa.
How much work is ETS3410?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETS3410 have an exam?
No. ETS3410 has 1 assessment task and no exam.