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Unit of study_
ECMT3120: Applied Econometrics
2024 unit information
Econometric theory provides techniques to quantify the strength and form of relationships between variables. Econometric methods are concerned with the appropriate use of these techniques in practical applications in economics. This unit provides an introduction to the theory and practice of econometrics, and discusses general principles for undertaking applied work. Topics may include simple and multiple regression, cross-sectional and panel data, instrumental variables, nonlinear regression, and limited dependent variable models. We will cover theoretical and conceptual foundations, and provide applied examples with programming in software such as Stata.
Unit details and rules
Managing faculty or University school:
Economics
| Code | ECMT3120 |
|---|---|
| Academic unit | Economics |
| Credit points | 6 |
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Prerequisites:
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ECMT3110 or ECMT3010 or ((ECMT2150 or ECMT2950) and ECMT2160) |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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ECMT3020 |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. utilise methods to produce, validate and interpret simple and multiple regression models
- LO2. calculate and understand the statistical significance of regression models
- LO3. carefully define statistical models
- LO4. identify and apply extensions to the regression model which address special features of different data structures, and the testing of inequality restrictions on the regression coefficients
- LO5. achieve fluency with methods like properties of least squares estimators, hypothesis testing, instrumental variables, and discrete choice models.
Unit availability
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Modes of attendance (MoA)
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