• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Econometrics
  • Areas of interest Econometrics
  • Academic career Undergraduate
  • Course convener
    • Dr Juergen Meinecke
  • Mode of delivery In Person
  • Co-taught Course EMET6007
  • Offered in First Semester 2019
    See Future Offerings

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.

Learning Outcomes

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.

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

Assignment 1 - 10%
Assignment 2 - 10%
Mid-semester examination - 30%
Final examination - 50%

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

Students 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

To enrol in this course you must have completed or be currently enrolled in ECON1101 and completed EMET1001 and STAT1008. Incompatible with EMET6007.

Majors

Minors

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
Band 3
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.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2019 $4140
International fee paying students
Year Fee
2019 $5460
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
2511 25 Feb 2019 04 Mar 2019 31 Mar 2019 31 May 2019 In Person

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