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ECON376 Applied Econometrics

Updated: 09 December 2009
Credit Points 6
Offering Not offered in 2010
Intensive School(s) None
Supervised Exam There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
Pre-requisites 48cp and ECON271 or ECON371
Co-requisites None
Restrictions ARE314 or ARE414 or ECON476 or EMET266 or EMET366 or EMET466
Notes None
Combined Units ECON476 - Applied Econometrics
Coordinator(s) Nam Hoang (nam.hoang@une.edu.au)
Unit Description

The main objective of the unit is to introduce applied econometric methods to deal with panel and time series models. Topics include seemingly unrelated regression models and simultaneous equations models. Real-world examples are used to illustrate particular techniques. Examples are drawn from both microeconomics and macroeconomics. Problems and exercises are solved using an econometrics software package.
Prescribed Material
Mandatory 		Shrink Wrapped Package(s):

Note: Students are expected to purchase prescribed material

Principles of Econometrics 3E and Eviews Handbook
ISBN: 9780470818732
Carter Hill, R., John Wiley 3rd ed. 2008
Note: Package includes: Carter Hill, R., Griffiths, W.E. and Judge, G.G., Principles of Econometrics, 3rd revised ed. (ISBN 9780471723608); and Carter Hill, R., Griffiths, W.E and Lim, G.C., Using EViews for Principles of Econometrics: with e-Views Computing Handbook, 3rd revised ed. (ISBN 9780471787112).
Text refers to: Semester 2 , On and Off Campus
Recommended Material
Optional 		Text(s):

Note: Recommended material is held in the University Library - purchase is optional

Introductory Econometric: A Modern Approach
ISBN: 9780324581621
Wooldridge, J.M., Thomson 4th ed. 2009
Text refers to: Semester 2 , On and Off Campus
Referenced Material
Optional 		Text(s):

Note: Reference material is held in the University Library - purchase is optional

Introductory Econometrics with Applications
ISBN: 9780030152283
Ramanathan, R., Harcourt Brace Jorarovich 3rd ed. 1995
Note: Available from the Dixson Library, UNE
Text refers to: Semester 2 , On and Off Campus
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Title Exam Length Weight Mode No. Words
Assignment 1 15%
Assessment Notes
Assignments are problem-based, requiring students to interpret data and equation models, and complete computer exercises, there are no word limits.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-4 GA: 1, 2, 4, 6
Assignment 2 15%
Assessment Notes
Assignments are problem-based, requiring students to interpret data and equation models, and complete computer exercises, there are no word limits.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-4 GA: 1, 2, 4, 6
Assignment 3 15%
Assessment Notes
Assignments are problem-based, requiring students to interpret data and equation models, and complete computer exercises, there are no word limits.
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-4 GA: 1, 2, 4, 6
Final Examination 2 hrs 55%
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1 GA: 6

Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. gain an understanding of econometric techniques used for the estimation of simultaneous equations and seemingly unrelated regression models;
  2. gain an understanding of econometric techniques used for the estimation of panel models;
  3. gain an understanding of the role of computers in the estimation of systems of equations;
  4. gain an understanding of the limitations and potential uses of econometric techniques in the analysis of economic behaviour.

Graduate Attributes (GA)
Attribute Taught Assessed Practised
1 Knowledge of a Discipline
Teach and assess understanding of econometric concepts and applications. 		True True True
2 Communication Skills
Teach and assess how to present an empirical and econometric research. 		True True True
3 Global Perspectives
Application of econometric theories using applied examples. 		True True
4 Information Literacy
Teach, assess and practice information literacy in understanding econometric concepts. 		True True True
5 Life-Long Learning
Teach and practice application of concepts in real and practical problems. 		True True
6 Problem Solving
Teach, assess and practice the application of econometric concepts in problem solving. 		True True True
7 Social Responsibility
Students are taught the ethics of applying econometric concepts in real problem scenarios. 		True True
8 Team Work
Students work in teams and groups during tutorials. 		True
   

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