Key facts
UNE unit code: ECON376
*You are viewing the 2025 version of this unit which may be subject to change in future.
- Trimester 2 - On Campus
- Trimester 2 - Online
- Armidale Campus
- Yes
- No
- Yes
- 6
Unit information
Advance your understanding of econometric models and learn to confidently use these tools in your economic, business or finance research projects.
This practical unit will equip you with the skills you need to appropriately apply econometric methods by using instrumental variables, panel models, time series models and discrete choices models.
Topics include regression with endogenous variables, fixed-effects/random-effects models, simultaneous equations models, ARCH/GARCH models, non-stationary methods and Probit/Logit/Tobit models.
Using real-world examples drawn from both microeconomics and macroeconomics, you will gain insights into when and how particular techniques are used. You will also gain practical experience using an econometrics software package to solve problems and exercises.
Offerings
For further information about UNE's teaching periods, please go to Principal Dates.
| Teaching period | Mode/location |
|---|---|
| Trimester 2 | On Campus, Armidale Campus |
| Trimester 2 | Online |
*Offering is subject to availability
Intensive schools
There are no intensive schools required for this unit.
Enrolment rules
Notes
offered in odd-numbered years
Please refer to the student handbook for current details on this unit.
Unit coordinator(s)
Learning outcomes
Upon completion of this unit, students will be able to:
- demonstrate a specialist understanding of econometric techniques used for the estimation of simultaneous equations;
- construct a synthesis of econometric techniques used for the estimation of panel models, time series models and discrete choice models;
- critically evaluate the role of computers in the estimation of systems of equations, panel models, time series models and discrete choice models; and
- critically evaluate the limitations and potential uses of econometric techniques in the analysis of economic behaviour.
Assessment information
Assessments are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
| Title | Must Complete | Weight | Offerings | Assessment Notes |
|---|---|---|---|---|
| Assignment 1 | Yes | 20% | All offerings | Assignments are problem based, requiring students to interpret data and equation models, and complete computer exercises. |
| Assignment 2 | Yes | 20% | All offerings | Assignments are problem based, requiring students to interpret data and equation models, and complete computer exercises. |
| Final Examination | Yes | 60% | All offerings | Students must obtain at least 40% in the final exam and 50% overall to receive a pass (or better) in the unit. |
Learning resources
Textbooks are subject to change up to 8 weeks prior to the start of the teaching period in which you are undertaking the unit.
Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.
Principles of Econometrics
ISBN: 9781118452271
Carter Hill, R. Griffiths, W. E. and Lim, G. C., Wiley 5th ed. 2019
Text refers to: All offerings
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