- Code EMET2007
- Unit Value 6 units
- Offered by Research School of Economics
- ANU College ANU College of Business and Economics
- Course subject Econometrics
- Areas of interest Econometrics
This course provides an introduction to econometric methods and their applications. The main workhorse of applied econometrics is the linear regression model and the course will develop its theory and look at a wide range of applications. The course emphasizes intuitive and conceptual understanding as well as hands on econometric analysis using modern computer software on data sets from economics and business. Students learn how to conduct empirical studies, as well as how to analyze and interpret results from other empirical works. We cover a broad range of topics, including: brief review of basic statistics; ordinary least squares estimation and its properties; choice of functional form; departures from standard OLS assumptions; time series analysis.
This is a hand-on course with a focus on applications in economics as well as business. A standard statistical software will be used during computer sessions, no special programming skills are required.
Upon successful completion, students will have the knowledge and skills to:
Upon successful completion of the requirements for this course, students will
- understand and appreciate the challenges of empirical modelling in economics and business;
- have a deep knowledge of regression analysis (including statistical foundations, underlying assumptions, properties, extensions, limitations);
- understand econometric methods relevant for analyzing data used in economics and business;
- be able to use econometric software to conduct regression analysis on actual data sets;
- be able to interpret and critically evaluate the results of empirical analysis;
- be able to read and understand academic journal articles that make use of the concepts and methods that are introduced in the course;
- be able to independently conduct small scale empirical research and write up results;
- be able to think clearly about the relationship between data, model and estimation in econometrics.
See the course outline on the College courses page. Outlines are uploaded as they become available.
Assignment 1 - 10%
Assignment 2 - 10%
Mid-semester examination - 30%
Final examination - 50%
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WorkloadStudents taking this course are expected to commit at least 12 hours per week consisting of 2 hours of lectures, a 1 hour of computer tutorial and a 1 hour of problem solving tutorial as well as 8 hours of private study
Requisite and Incompatibility
Tuition fees are for the academic year indicated at the top of the page.
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- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
Offerings, Dates and Class Summary Links
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Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
|Class start date
|Last day to enrol
|Class end date
|Mode Of Delivery
|19 Feb 2018
|27 Feb 2018
|31 Mar 2018
|25 May 2018