*The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see
Withdrawal dates explained for more information).
This unit provides the techniques required to quantify the magnitude, strength and form of relationships between variables and the strategies that need to be employed to use these techniques effectively. More specifically it examines the theory and use of the Classical Linear Regression Model (CLRM) and intermediate level econometric models, such as: IV, Logit, Panel, ECM, 3SLS, ARIMA. The unit supplies students with the econometric theory to be able to obtain answers from data using the latest econometrics software.
The unit teaches matrix algebra to re-examine the CLRM learnt in BEA242 Introduction to Econometrics. The unit demonstrates how to test violations of its assumptions, their consequences and how to remedy them. It then provides students with the knowledge of how to use a range of econometric models for the analysis of cross-section and time-series data and the ability to obtain answers to research policy questions in economics and finance. A working knowledge of the unit is essential for those students intending to work as professional economists, financial analysts and business analysts.
WEIGHT:
12.5%
ASSESSMENT:
Internal assessment 50%; Final exam 50%.
TEACHING PATTERN: 1 x 2 hour lecture, 1 x 1 hour workshop per week.
FLEXIBLE & ONLINE STUDY OPTIONS Note: Class attendance may still be required
Web dependent -
H
Some parts of this unit will be taught online
Resource supported teaching & learning -
H
Additional resources are provided for your optional use; e.g. audio taped lectures
About Flexible Study Options
Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
Campus - H Hobart, L Launceston, W Burnie. Study Centre - V Sydney, R Rozelle, P Beauty Point. Distance units may also have a campus identifier of I Isolated, N Interstate, O Overseas. Units delivered in Transnational Education (TNE) Programs have a campus identifier of A Hangzhou, F Fuzhou, G Shanghai, K KDU Malaysia, Q Kuwait or Y Hong Kong.
Special approval is required for enrolment into TNE Program units - campuses A, F, G, K, Q and Y click here for more information.