Courses & Units

Introduction to Econometrics BEA242

Hobart

Introduction

This unit provides an introduction into the econometric methods that can be used to examine the strength and form of relationships between economic variables. More specifically it examines the theory and use of the Linear Regression Model and Ordinary Least Square (OLS) estimation method. The unit also demonstrates how to test for violations of the assumptions on the Linear Regression Model, their consequences and how to remedy them. The econometric methods taught in this unit are essential for those students intending to work as professional economists, finance analysts and business analysts.

The goal of the unit is to develop a thorough understanding of basic econometrics so that the student can, at the end of this unit:

1 . Critically evaluate empirical studies in Economics, Finance and Business areas which involve use of simple techniques in estimation and inference;

2 . Develop an appreciation of the likely problems in data and know how to deal with them;

3 . Provide a good background to the student for a further study in econometrics and applied economics.

The unit is a compulsory unit 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. BEA242 is the prerequisite for BEA342 Econometrics which itself is the prerequisite for the Honours program in economics or finance.

Summary

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

Dr Marius Matei

Teaching staff

Dr Marius Matei

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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Key Dates

Study Period Start date Census date WW date End date
Semester 1 23/2/2015 23/3/2015 13/4/2015 29/5/2015

* 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 2015 are indicative and subject to change. Finalised census dates for 2015 will be available from the 1st October 2014.

About Census Dates

Fees

Domestic

Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
3 2015: $1,283.00 2015: $1,957.00 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.

Assessment

Please check the unit outline for details.

TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Information about any textbook requirements will be available from mid November.

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.