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316-316 Basic Econometrics | |
Note | This subject, or 316-317 Econometrics, is one of the four subjects which students proceeding to an honours degree in Economics are required to take in either the third or fourth year of their course. |
Credit Points | 12.5 |
Coordinator | Dr L Cameron |
Prerequisites | 316-201 Intermediate Macroeconomics or 316-202 Intermediate Microeconomics and 316-206 Quantitative Methods 2. Students may not gain credit for this subject and for 316-205 Introductory Econometrics or 316-317 Econometrics. |
Semester | 1 (view timetable) |
Contact | Two 1-hour lectures, a 1-hour tutorial/seminar and an average of one hour of practice sessions a week |
Subject Description | Multiple regression analysis and its use in economics. Topics include the properties of the estimators, hypothesis testing, specification error, multicollinearity, dummy variables, heteroskedasticity, serial correlation, and an introduction to simultaneous systems. All theoretical concepts will be illustrated by applied examples. |
Assessment | A 2-hour examination (70%); empirical exercises (30%). |
Prescribed Texts |
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Search : Index : Faculty of Economics and Commerce : Economics
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Status: Official 1999 Last Modified: Tuesday October 20 11:49 SGML to HTML Conversion: Information Technology Services Authorised by: Academic Registrar Email Enquiries: Course_Information@registrar.unimelb.edu.au