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Unit of study_
ECMT2150: Intermediate Econometrics
2025 unit information
This unit provides an introduction to the econometrics of cross-section and panel data. We start with a discussion of the assumptions underlying the simple and multiple linear regression model. We then build an understanding of the econometric methods available when these assumptions do not hold. More specifically, we cover heteroscedasticity and GLS, omitted variable bias, measurement error and instrumental variables. We finish with an introduction to using pooled cross sections and panel data for policy analysis and to estimate treatment effects. Throughout the unit, emphasis is placed on economic applications of the models and practical computer applications are incorporated.
Unit details and rules
Managing faculty or University school:
Arts and Social Sciences
| Study level | Undergraduate |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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(ECMT1010 or BUSS1020 or ((MATH1005 or MATH1905) and MATH1115) or MATH1015 or DATA1001 or DATA1901 or ENVX1002) and (ECMT1020 or QBUS1040 or MATH1002 or MATH1902 or MATH1014 or DATA1002 or DATA1902) |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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ECMT2110 or ECMT2950 |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. Develop a foundation of probability theory and statistical knowledge to build an econometric skill set
- LO2. Be familiar with the linear regression model
- LO3. Be aware of the guidelines for using econometric techniques effectively
- LO4. Develop the skills needed to evaluate applied economic research
- LO5. Develop proficiency in the use of econometric software for econometric modelling
- LO6. Demonstrate problem-solving skills in research and inquiry
- LO7. Evaluate ideas, views, and evidence to demonstrate proficient information literacy
- LO8. Demonstrate critical thinking in research and inquiry
- LO9. Demonstrate social and professional understanding as well as ethical awareness in analysing data and reporting results.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 1 2024
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Normal day | Camperdown/Darlington, Sydney | |
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Semester 2 2024
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Normal day | Camperdown/Darlington, Sydney |
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 1 2025
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
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Semester 2 2025
|
Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
|
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Modes of attendance (MoA)
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