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.
|Unit name||Introduction to Econometrics|
|Faculty/School||Tasmanian School of Business & Economics (TSBE)
|Discipline||Economics and Finance|
Dr Marius Matei
Dr Marius Matei
|Available as student elective?||Yes|
|Location||Study period||Attendance options||Available to|
|Hobart||Semester 1||On-Campus||Off-Campus||International International||Domestic Domestic|
- International students
- Domestic students
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|Study Period||Start date||Census date||WW date||End date|
* 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.
|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.
1 x 2 hour lecture, 1 x 1 hour workshop per week.
Please check the unit outline for details.
|Timetable||View the lecture timetable | View the full unit timetable|
Information about any textbook requirements will be available from mid November.
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