Courses & Units

Introduction to Econometrics BEA242

Hobart

Note:

Introduction

The goal of the unit is to develop a thorough understanding of basic econometric methods so that the student can, at the end of this unit: Critically evaluate empirical studies in economics and finance which involve use of simple econometric techniques in estimation and inference; Develop an appreciation of the likely problems in data and know how to deal with them; Obtain a good background for a further study in econometrics and applied economics. This unit is compulsory in all majors in the Bachelor of Economics degree and in combined Economics degrees and it is also a compulsory unit in the Finance major. This unit is the prerequisite for BEA342 Econometrics which itself is the prerequisite for the Honours program in economics and finance.

Summary

Unit name Introduction to Econometrics
Unit code BEA242
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics and Finance
Coordinator

Dr Satoshi Yamazaki

Teaching staff

Level Intermediate
Available as student elective? Yes
Breadth Unit? No

Availability

Location Study period Attendance options Available to
Hobart Semester 1 On-Campus Off-Campus International International Domestic Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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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.

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TNE Program units special approval requirements.

Key Dates

Study Period Start date Census date WW date End date
Semester 1 24/2/2020 23/3/2020 13/4/2020 31/5/2020

* 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).

Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.

About Census Dates

Learning Outcomes

  • LO1: Select, specify and use appropriate data and linear econometric models
  • LO2: Identify and evaluate the causes, consequences and remedies for violations of the classical linear regression model's assumptions
  • LO3: Interpret and communicate output from econometric models

Fees

Domestic

Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
3 2020: $1,394.00 2020: $2,354.00 091903

Fees for next year will be published in October. The fees above only apply for the year shown.

Please note: international students should refer to this page to get an indicative course cost.

Requisites

Prerequisites

BEA140

Teaching

Teaching Pattern

1 x 2 hour lecture, 1 x 1 hour workshop per week. Please check the unit outline for details.

Assessment

Online quizzes (20%), Assignment (20%), Final exam (60%).

TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Hill, Griffiths & Lim. Principles of Econometrics (5th Edition), Wiley, 2018. ISBN 978-1-119-32094-4.

Recommended

Students must ensure that they have access to the following equipment and software:

  • Computer with Internet access and Internet Browser compatible to UTAS’s MyLO.
  • Software capable of estimating multiple regression such as MS Excel, EViews, R is required to complete the assignment and workshop exercises. In addition Word processing software is required to complete the assignment.
  • EViews and MS Excel are installed in TSBE “TEAL” Computer Lab (SB.AR15.L01.136).

Students will be instructed how to use EViews and MS Excel in BEA242 in the workshops to perform econometric analysis.

In addition students studying by distance in order to participate in the online workshop and communication with teaching staff must also have a:

  • Webcam
  • Microphone
  • Skype account and software (www.skype.com)
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The University reserves the right to amend or remove courses and unit availabilities, as appropriate.