ETX4410 Macroeconometrics
Faculty of Business and Economics
ETX4410 Macroeconometrics is a level 4, 6-credit-point, undergraduate and postgraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 2 at Caulfield. It needs ETC3450, ETF3231, ETC3550, ETC3400, ETC3410 or ETF3200.
- Credit points
- 6
- Offered in 2024
- Semester 2
- Caulfield
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Requisites
Before ETX4410
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ETX4410
No unit lists ETX4410 as a prerequisite in the 2024 handbook.
Enrolment rules
You must be enrolled in course B3701 to undertake this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit involves a critical review of recent empirical work and techniques in modern macroeconometrics. The topics to be covered include: i) the techniques used to estimate causal effects for use in policy-making, and applying these in a range of contexts; ii) structural vector autoregressions; iii) practical applications of these topics that address macroeconomic issues. On completion of this unit, you should be familiar with recent developments in these fields, and have developed the skills to undertake empirical work. Further, you should be able to critically evaluate empirical work and related policy implications.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the modelling of trends, cycles and structural breaks
- 2
specify, estimate and interpret structural vector autoregressions
- 3
understand and critically assess methods used in applied settings such as by the Reserve Bank of Australia.
Workload and teaching
- Workshops36 hours
- Teaching approachActive learning
- Teaching approachResearch activities
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 allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
Contacts
- Chief Examiners
- Dr Benjamin Wong
Common questions
What are the prerequisites for ETX4410?
You need ETC3450, ETF3231, ETC3550, ETC3400, ETC3410 or ETF3200 before you enrol. Enrolment rules also apply.
When is ETX4410 offered?
In 2024, ETX4410 runs in Semester 2 at Caulfield.
How much work is ETX4410?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETX4410 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.