Type: | Postgraduate Subject |
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Code: | ECON71-200 |
EFTSL: | 0.125 |
Faculty: | Bond Business School |
Semesters offered: |
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Credit: | 10 |
Study areas: |
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Subject fees: |
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Description
Econometrics is a sub-discipline of both statistics and economics and presents one interface between statistical theory and the real world. It provides the tools with which to test hypotheses and to generate forecasts of business activity. Topics include the classical regression model, remedial measures for violation of regression assumptions, binary choice models, panel data models and their applications. The technique such as hypothesis testing and its application will allow students to specialise in areas such as market research and other disciplines. The skills that students will develop in this subject are crucial in any applied work and will constitute an essential ingredient in most jobs in the field of business application, whether in the public or private sector.
Subject details
Learning outcomes
- Demonstrate advanced knowledge of linear regression, its maintained assumptions and their relevant statistical properties.
- Use simple/multiple regression models to interpret the underlying relationships between the variables and evaluate their statistical significance through hypothesis testing.
- Demonstrate how to determine, vis-a-vis diagnostic statistics, when the maintained assumptions of the linear regression model are violated and critically evaluate how to address the violations so that correct statistical inference can be drawn.
- Demonstrate the ability to solve business problems using econometrics packages.
- Demonstrate the ability to produce a written report that demonstrates higher order understanding of key concepts in applied econometrics.
Enrolment requirements
Requisites: |
Nil |
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Assumed knowledge: |
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
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Restrictions: |
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Subject outlines
- September 2024 [Standard - Linear Models and Applied Econometrics]
- May 2024 [Standard - Linear Models and Applied Econometrics]
- January 2024 [Standard - Linear Models and Applied Econometrics]
- September 2023 [Standard - Linear Models and Applied Econometrics]
- May 2023 [Standard - Linear Models and Applied Econometrics]
- January 2023 [Standard - Linear Models and Applied Econometrics]
- September 2022 [Standard - Linear Models and Applied Econometrics]
- May 2022 [Standard - Linear Models and Applied Econometrics]
- January 2022 [Standard - Linear Models and Applied Econometrics]
- September 2021 [Standard - Linear Models and Applied Econometrics]
- May 2021 [Standard - Linear Models and Applied Econometrics]
- January 2021 [Standard - Econometrics]
- September 2020 [Standard - Econometrics]
- May 2020 [Standard - Econometrics]
- January 2020 [Standard - Econometrics]
- September 2019 [Standard - Econometrics]
- May 2019 [Standard - Econometrics]
- January 2019 [Standard - Econometrics]
- September 2018 [Standard - Econometrics]
- May 2018 [Standard - Econometrics]
- January 2018 [Standard - Econometrics]
- September 2017 [Standard - Econometrics]
- May 2017 [Standard - Econometrics]
Subject dates
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January 2024
Standard Offering Enrolment opens: 12/11/2023 Semester start: 15/01/2024 Subject start: 15/01/2024 Cancellation 1: 29/01/2024 Cancellation 2: 05/02/2024 Last enrolment: 28/01/2024 Withdraw - Financial: 10/02/2024 Withdraw - Academic: 02/03/2024 Teaching census: 09/02/2024 -
May 2024
Standard Offering Enrolment opens: 17/03/2024 Semester start: 13/05/2024 Subject start: 13/05/2024 Cancellation 1: 27/05/2024 Cancellation 2: 03/06/2024 Last enrolment: 26/05/2024 Withdraw - Financial: 08/06/2024 Withdraw - Academic: 29/06/2024 Teaching census: 07/06/2024 -
September 2024
Standard Offering Enrolment opens: 14/07/2024 Semester start: 09/09/2024 Subject start: 09/09/2024 Cancellation 1: 23/09/2024 Cancellation 2: 30/09/2024 Last enrolment: 22/09/2024 Withdraw - Financial: 05/10/2024 Withdraw - Academic: 26/10/2024 Teaching census: 04/10/2024
Standard Offering | |
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Enrolment opens: | 12/11/2023 |
Semester start: | 15/01/2024 |
Subject start: | 15/01/2024 |
Cancellation 1: | 29/01/2024 |
Cancellation 2: | 05/02/2024 |
Last enrolment: | 28/01/2024 |
Withdraw - Financial: | 10/02/2024 |
Withdraw - Academic: | 02/03/2024 |
Teaching census: | 09/02/2024 |
Standard Offering | |
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Enrolment opens: | 17/03/2024 |
Semester start: | 13/05/2024 |
Subject start: | 13/05/2024 |
Cancellation 1: | 27/05/2024 |
Cancellation 2: | 03/06/2024 |
Last enrolment: | 26/05/2024 |
Withdraw - Financial: | 08/06/2024 |
Withdraw - Academic: | 29/06/2024 |
Teaching census: | 07/06/2024 |
Standard Offering | |
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Enrolment opens: | 14/07/2024 |
Semester start: | 09/09/2024 |
Subject start: | 09/09/2024 |
Cancellation 1: | 23/09/2024 |
Cancellation 2: | 30/09/2024 |
Last enrolment: | 22/09/2024 |
Withdraw - Financial: | 05/10/2024 |
Withdraw - Academic: | 26/10/2024 |
Teaching census: | 04/10/2024 |