316-317 Econometrics

Students may not gain credit for both 316-317 Econometrics and 316-316 Basic Econometrics.

At least one of 316-201 Intermediate Macroeconomics and 316-202 Intermediate Microeconomics, and either 316-205 Introductory Econometrics or 620-202 Statistics.

The multiple regression model and extensions is further examined in this subject. Normally topics will include classical testing procedures, non-linear least squares, generalised least squares, heteroskedasticity and autocorrelation, stochastic regressors, dynamic models, simultaneous equations and an introduction to maximum likelihood methods and limited dependent variable models. Theoretical concepts use matrix algebra and will be illustrated by applied examples. The computer software used is Eviews.

A 2-hour end-of-semester examination (65%), class assignments up to 40 pages in total (30%), and tutorial attendance and participation (5%).