Courses & Units

Introduction to Econometrics BEA242




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 the Bachelor of Economics degree and it is also an excellent complimentary 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.


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

Dr Satoshi Yamazaki

Teaching staff

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


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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Key Dates

Study Period Start date Census date WW date End date
Semester 1 22/2/2021 23/3/2021 12/4/2021 30/5/2021

* 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).

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


Field of Education Commencing Student Contribution 1 Grandfathered Student Contribution 1 Approved Pathway Course Student Contribution 2 Domestic Full Fee
091903 $1,812.00 $1,419.00 not applicable $2,354.00

1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

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





Teaching Pattern

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


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

TimetableView the lecture timetable | View the full unit timetable



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


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 (
LinksBooktopia textbook finder

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