ECMT3997: Semester 2, 2021

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Units ECMT3997 Semester 2 2021 [Normal day]

Unit of study_

ECMT3997: Interdisciplinary Impact in Econometrics

Semester 2, 2021 [Normal day] - Camperdown/Darlington, Sydney

Overview

Students will apply microeconomic and econometric principles to problems in an interdisciplinary context. This unit builds on theoretical knowledge in microeconomics and applying new methods of micro-econometric analysis to real-world problems. Students will explore methodologies extensively used in applied microeconomics including instrument variables, GMM, panel data methods, probit and logit models, Tobit model, and sample selection models. Various empirical topics will be discussed in an interdisciplinary context. Students will have an opportunity to define a research problem, conduct a literature review, analyse data, and present research results in an interdisciplinary context.

Unit details and rules

Unit code	ECMT3997
Academic unit	Economics
Credit points	6
Prohibitions ?	ECOS3903
Prerequisites ?	((ECMT2150 or ECMT2950) and ECMT2160) or (ECOS2901 and (ECMT2150 or ECMT2950))
Corequisites ?	None
Assumed knowledge ?	None
Available to study abroad and exchange students	Yes

Teaching staff

Coordinator	Nicolas de Roos, nicolas.deroos@sydney.edu.au

Type	Description	Weight	Due	Length
Assignment	Final report written assignment	60%	Week 10 Due date: 22 Oct 2021 at 23:00	3000 words
Outcomes assessed:
Assignment	Media presentation media presentation	40%	Week 13 Due date: 12 Nov 2021 at 23:00	1500 words
Outcomes assessed:

Assessment summary

Final Report – written economic analysis report
Media Presentation – communicate economics concepts and ideas to a non economics audience

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a High distinction indicates work of an exceptional standard, a Distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name	Mark range	Description
High distinction	85 - 100
Distinction	75 - 84
Credit	65 - 74
Pass	50 - 64
Fail	0 - 49	When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see sydney.edu.au/students/guide-to-grades

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

Deduction of 5% of the maximum mark for each calendar day after the due date.
After ten calendar days late, a mark of zero will be awarded.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

Penalty: 5% per calendar day late. If work is submitted more than 10 days after the due date, or is submitted after the return date, the mark will be 0.

Academic integrity

The Current Student website provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Learning support

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

Weekly schedule

WK	Topic	Learning activity
Week 01	Introduction	Lecture and tutorial (3 hr)
Week 02	Guest lecture	Lecture and tutorial (3 hr)
Week 03	Edgeworth cycles	Lecture and tutorial (3 hr)
Week 04	Collusion	Lecture and tutorial (3 hr)
Week 05	Obfuscation and collusion	Lecture and tutorial (3 hr)
Week 06	Empirical evidence	Lecture and tutorial (3 hr)
Week 07	Empirical methods	Lecture and tutorial (3 hr)
Week 08	Written report and policy brief	Lecture and tutorial (2 hr)
Week 10	Overview of communication principles	Lecture and tutorial (3 hr)
Week 11	Advanced research techniques	Lecture and tutorial (3 hr)
Week 12	Putting research techniques into practice	Lecture and tutorial (3 hr)
Week 13	Review	Lecture and tutorial (3 hr)

Attendance and class requirements

Lectures will be delivered online. Tutorials will be offerred online and in-person (if circumstances permit).

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

Please refer to the ECMT3997 Canvas site for a list of readings.

Learning outcomes

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

Outcomes
Graduate qualities

At the completion of this unit, you should be able to:

LO1. Apply economic principles and econometric methods to problems in an interdisciplinary context.
LO2. Critically review relevant literature.
LO3. Apply appropriate quantitative and analytical techniques to generate and interpret results for interdisciplinary research problems.
LO4. Demonstrate an understanding of insights provided by economics and econometrics as they apply to real-world problems in an interdisciplinary context.
LO5. Communicate research in an interdisciplinary audience.
LO6. Demonstrate an understanding of the nature and implications of assumptions and value judgements involved in interdisciplinary research.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1	Depth of disciplinary expertise Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.
GQ2	Critical thinking and problem solving Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.
GQ3	Oral and written communication Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.
GQ4	Information and digital literacy Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.
GQ5	Inventiveness Generating novel ideas and solutions.
GQ6	Cultural competence Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.
GQ7	Interdisciplinary effectiveness Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.
GQ8	Integrated professional, ethical, and personal identity An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.
GQ9	Influence Engaging others in a process, idea or vision.

Outcome map

Learning outcomes	Graduate qualities
Learning outcomes

Responding to student feedback

This section outlines changes made to this unit following staff and student reviews.

This is the first time this unit has been offered.

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.

Current students

Overview

Overview

Unit details and rules

Teaching staff

Assessment

Assessment

Assessment summary

Assessment criteria

Late submission

Academic integrity

Learning support

Learning support

Simple extensions

Special consideration

Using AI responsibly

Weekly schedule

Weekly schedule

Attendance and class requirements

Study commitment

Required readings

Learning outcomes

Learning outcomes

Graduate qualities

Outcome map

Responding to student feedback

Responding to student feedback

Disclaimer

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