ETX5441 Macroeconometrics
Faculty of Business and Economics
ETX5441 Macroeconometrics is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 2 at Caulfield. It needs ETC3400, ETC3410, ETC5340, ETC5341, ETF3200, ETF5320, ETC3450, ETC5345, ETC3550, ETF3231, ETF5231, ETW3450 or ETW3510.
- Credit points
- 6
- Offered in 2027
- Semester 2
- Caulfield
- Assessment
- Exam 50%
- and 2 other tasks
- Workload
- 144 hours
- per semester
Reviews
No reviews yetNo reviews yet. Be the first to review ETX5441.
Requisites
Before ETX5441
Prerequisites
Pass these before you enrol.
- ETC3400Principles of econometricsNo reviews yet
- ETC3410Applied econometricsNo reviews yet
- ETC5340Principles of econometricsNo reviews yet
- ETC5341Applied econometricsNo reviews yet
- ETF3200Applied econometricsNo reviews yet
- ETF5320Applied econometricsNo reviews yet
- ETC3450Applied time series econometricsNo reviews yet
- ETC5345Applied time series econometricsNo reviews yet
- ETC3550Applied forecastingNo reviews yet
- ETF3231Business forecastingNo reviews yet
- ETF5231Business forecastingNo reviews yet
- ETW3450Applied time series for policy analysisNo reviews yet
- ETW3510Applied econometrics for behavioural modellingNo reviews yet
Prohibitions
You can't enrol if you have passed any of these.
After ETX5441
No unit lists ETX5441 as a prerequisite in the 2027 handbook.
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 2027
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Exercise10%
- Project40%
- Examination50%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
specify, estimate, and interpret tools for modern empirical macroeconomic analysis such as vector autoregressions and local projections
- 2
understand the modelling of trends and cycles
- 3
understand methods to utilise large datasets for macroeconomic analysis
- 4
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.
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
ETX5441 is part of 2 areas of study in the 2027 handbook.
Contacts
- Chief Examiners
- Dr Benjamin Wong
Common questions
What are the prerequisites for ETX5441?
You need ETC3400, ETC3410, ETC5340, ETC5341, ETF3200, ETF5320, ETC3450, ETC5345, ETC3550, ETF3231, ETF5231, ETW3450 or ETW3510 before you enrol.
When is ETX5441 offered?
In 2027, ETX5441 runs in Semester 2 at Caulfield.
How much work is ETX5441?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETX5441 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 2 other tasks.
Which majors and minors include ETX5441?
ETX5441 is part of Econometrics and business statistics; and Economics.