316-317 Econometrics

Students who are currently enrolled in 316-316 Basic Econometrics are not eligible to enrol in 316-317 Econometrics.

One of 316-201 Intermediate Macroeconomics and 316-202 Intermediate Microeconomics, and one out of 316-205 Introductory Econometrics, 620-202 Statistics, or an H2B or better in 316-206 Quantitative Methods 2.

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%).