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UnitLevel 2Undergraduate

ETW2510 Introduction to econometrics

Faculty of Business and Economics

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ETW2510 Introduction to econometrics is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 and Semester 2 at Malaysia. It needs ETW2001 and unlocks 25 units, leading on to 39 units in all.

Credit points
6
Offered in 2023
Semester 1, Semester 2
Malaysia
Assessment
No exam
1 task
Workload
144 hours
per semester

This is the 2023 handbook entry. See the 2027 entry.

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Requisites

Before ETW2510

Prerequisites

Pass these before you enrol.

  • ETW2001Foundations of data analysis and modelling

Prohibitions

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

One of

After ETW2510

25 units list ETW2510 as a prerequisite or corequisite.

Show 17 more

Overview

This unit will introduce you to the empirical analysis of relationships between economic variables. The approach is based on linear regression theory and emphasises applied analysis of cross-sectional and time series data.

Topics studied include properties of the least squares estimators, hypothesis testing, the choice of appropriate functional forms, model selection, dummy variables, theoretical and practical issues around analysing real-world data and the problems it poses to regression modelling.

Offerings in 2023

Teaching periodCampusMode
First semesterMalaysiaOn campus
Second semesterMalaysiaOn campus

Assessment

  • Within semester assessment
    100%

Learning outcomes

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

  1. 1

    derive the statistical properties of the ordinary least squares estimator using the Classical Linear Model framework

  2. 2

    conduct meaningful statistical inferences on multiple linear regression models

  3. 3

    improve model specifications through the appropriate use of various functional forms and data scaling

  4. 4

    undertake appropriate modelling when Classical Linear Model assumptions are violated

  5. 5

    understand issues related to modelling with time series data.

Workload and teaching

  • Teaching approachProblem-based learning
  • Teaching approachActive learning
  • Teaching approachResearch activities
  • Teaching approachCase-based teaching

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 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 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.

This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.

This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.

Learning resources

Required resources

1. Wooldridge, J. M. (2019), Introductory Econometrics: A Modern Approach (7th ed). Boston, MA: Cengage Learning.

2. Heiss, F. (2016). Using R for Introductory Econometrics (1 edition). Dusseldorf: Amazon Digital Services

Where it fits

ETW2510 is part of 4 areas of study in the 2023 handbook.

Contacts

Chief Examiners
Mr Nazirul Hazim

Common questions

What are the prerequisites for ETW2510?

You need ETW2001 before you enrol.

What can I take after ETW2510?

ETW2510 is a prerequisite or corequisite for 25 units, including ETC3400, ETC3410, ETC3450, ETC3460, ETC3550 and ETC3580. Those lead on to 39 units in all.

When is ETW2510 offered?

In 2023, ETW2510 runs in Semester 1 and Semester 2 at Malaysia.

How much work is ETW2510?

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

Does ETW2510 have an exam?

No. ETW2510 has 1 assessment task and no exam.

Which majors and minors include ETW2510?

ETW2510 is part of Applied economics; Banking and financial management; and Econometrics and business statistics.

More details

Credit points
6
Level
2
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Econometrics and Business Statistics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Available
Handbook years
2021202220232024202520262027