316-470 Econometric Techniques

Credit Points

Coordinator

Prerequisites

316-318 Econometric Modelling or equivalent.

Semester

Contact

Subject Description

Appropriate estimation and inference techniques for models that involve a single equation and those involving systems of equations. Topics will include: asymptotic theory, maximum likelihood estimation, classical testing procedures, generalised least squares estimation, seemingly unrelated regression models, stochastic regressors, instrumental variables, simultaneous equations models and model-selection procedures.

Assessment

A 2-hour examination (70%) and class assignments (30%).

Prescribed Texts

• Judge G C and Griffiths W G et. al., Introduction to the Theory and Practice of Econometrics. 2nd ed., Wiley.
  or
  Johnston and DiNardo, Econometric Methods. McGaw-Hill, 1997.