ETX6510 Foundations of econometrics
Faculty of Business and Economics
ETX6510 Foundations of econometrics is a level 6, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 2 at Clayton. It needs BEX6500 or ETX6500.
- Credit points
- 6
- Offered in 2024
- Semester 2
- Clayton
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2025 entry.
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Requisites
Before ETX6510
Prerequisites
Pass these before you enrol.
After ETX6510
No unit lists ETX6510 as a prerequisite in the 2024 handbook.
Enrolment rules
If you do not meet the prerequisite, you must be granted permission by the Honours or Masters Coordinator in the Department of Econometrics and Business Statistics to undertake this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit provides a rigorous treatment of core methods of econometric estimation and inference in a single and also multiple equation settings. While you are encouraged to look at every problem from several views (informal, algebraic, geometric, etc.), a large emphasis is placed on constructing formal arguments, and the importance of clear notation, definitions, assumptions and deductive arguments is emphasised. Formal lectures and references to graduate level textbooks are provided, and you are also assigned and encouraged to read some classic journal articles. This unit is designed for PhD students who intend to write a thesis in econometrics or business statistics. It is not intended for PhD students in other disciplines who need to learn some quantitative techniques for the empirical section of their dissertations, although students from other departments who are interested in more advanced methods may wish to take this unit.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment40%
- ExaminationThreshold hurdle60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
master the core elements of econometrics to be able to generalise and apply these principles to research questions
- 2
grind through complex scholarly journal articles and harvest the elements needed to conduct research
- 3
use clear notation and clear arguments in research work.
Workload and teaching
- Seminars36 hours
- Teaching approachActive 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. 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.
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.
Contacts
- Chief Examiners
- Dr Bonsoo Koo
Common questions
What are the prerequisites for ETX6510?
You need BEX6500 or ETX6500 before you enrol. Enrolment rules also apply.
When is ETX6510 offered?
In 2024, ETX6510 runs in Semester 2 at Clayton.
How much work is ETX6510?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ETX6510 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.