ECON376 Applied Econometrics

Updated: 15 December 2011

Credit Points	6
Offering	Not offered in 2012
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	ECON271 or ECON371 or candidature in a postgraduate award
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.
Materials	Text information will be published prior to commencement of the teaching period.
Disclaimer	Unit information may be subject to change prior to commencement of the teaching period.

Assessment

Assessment information will be published prior to commencement of the teaching period.

Learning Outcomes (LO)

Upon completion of this unit, students will be able to:

gain an understanding of econometric techniques used for the estimation of simultaneous equations;
gain an understanding of econometric techniques used for the estimation of panel models and discrete choice models;
gain an understanding of the role of computers in the estimation of systems of equations, panel models and discrete choice models; and
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 Students will learn this graduate attribute through lectures, readings, practise exercises, assignments and exam.
2	Communication Skills Students will be taught communication skills through written and oral feedback on the assignments and will practise skills such as style, clarity and development of ideas.
3	Global Perspectives Real-world economic data will be used in this unit. It will help students to understand the economic issues in a global context.
4	Information Literacy Students are taught to build advanced econometric models and analyse the results. These are assessed in assignments and exams and practised in exercises.
5	Life-Long Learning Students learn skills through the unit which will help them to solve econometric problems in their future career.
6	Problem Solving This will be taught, practised and assessed through lectures, exercises, assignments and the exam.
7	Social Responsibility Ethical applications of econometric methods will be taught and assessed through exercises, assignments and the exam.

Course and Unit Catalogue 2012