Introduction to Econometrics unit (BEA242)

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

Availability

Specific information on 2027 unit availability will be available in August

Key Dates

Study Period	Start date	Census date	WW date	End date
Semester 1	21/2/2027	15/3/2027	18/4/2027	12/6/2027

* 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 2027 are indicative and subject to change. Finalised census dates for 2027 will be available from the 1st October 2026. 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

2027 fee information will be available in August.

Requisites

Prerequisites

BEA140

Teaching

Assessment	Online quiz (20%)|Applied Assignment (40%)|Take Home Exam (40%)
Timetable	View 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

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