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Introduction to Econometrics unit (BEA242)

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Unit year 2026

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Location: Hobart, Online

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 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.

Summary

Unit name Introduction to Econometrics
Unit code BEA242
Credit points 12.5
College/School Tasmanian School of Business and Economics
Discipline Economics
Coordinator Associate Professor Satoshi Yamazaki
Available as an elective? Yes
Delivered By University of Tasmania
Level Intermediate

Sustainable Development Goals

The Unit Coordinator has identified that this unit aligns with the following UN Sustainable Development Goals. We welcome your thoughts and feedback on the alignment of the unit with these goals.

Availability

Location Study period Attendance options Available to
Hobart Semester 1 This unit is available through on-campus delivery Available to International Students Available to Domestic Students
Online Semester 1 This unit is available through off-campus delivery Available to International Students Available to Domestic Students
  • Key:
  • This unit is available through on-campus delivery On-campus
  • This unit is available through off-campus delivery Off-Campus
  • Available to International Students International students
  • Available to Domestic Students Domestic students
Note

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Key Dates

Study Period Start date Census date WW date End date
Semester 1 23/02/2026 17/03/2026 20/04/2026 14/06/2026

* 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 (refer to How do I withdraw from a unit? for more information).

Unit census dates currently displaying for 2026 are indicative and subject to change. Finalised census dates for 2026 will be available from the 1st October 2025. Note census date cutoff is 11.59pm AEST (AEDT during October to March).

About Census Dates

Learning Outcomes

  • Select, specify and use appropriate data and linear econometric models to inform economic and business decisions.
  • Identify and evaluate the causes, consequences and remedies for violations of the classical linear regression model's assumptions.
  • Demonstrate knowledge of statistical software as well as Interpret and communicate output from statistical software.

Fee Information

Field of Education Commencing Student Contribution 1,3 Grandfathered Student Contribution 1,3 Approved Pathway Course Student Contribution 2,3 Domestic Full Fee 4
091903 $2,174.00 $1,703.00 not applicable $2,862.00
  • Available as a Commonwealth Supported Place
  • HECS-HELP is available on this unit, depending on your eligibility3
  • FEE-HELP is available on this unit, depending on your eligibility4

1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.

If you have any questions in relation to the fees, please contact UniConnect or more information is available on StudyAssist.

Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.

Requisites

Prerequisites

BEA140

Teaching

AssessmentOnline quiz (20%)|Applied Assignment (40%)|Take Home Exam (40%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

You will need the following text [available from the Co-op Bookshop]:

The prescribed textbook, available from the Co-op Bookshop or www.coop-bookshop.com.au is:

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

Many students find it useful to consult alternative references as part of their study program. Some useful alternative references are:

Stock & Watson, Introduction to Econometrics, 3rd edition, Addison Wesley, 2010

Wooldridge, Introductory Econometrics, 4th edition, South-Western College, 2008

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