ETC3400

Econometric theory

(BUS)

Dr Farshid Vahid

6 points + Two 1-hour lectures and one 2-hour tutorial per week + Second semester + Clayton + Prerequisite: ETC2400 or permission

Synopsis: A unified theory of likelihood methods used to estimate and test the validity of economic relationships. Applications include the classical linear regression model, the generalised linear regression model, tests for linear restrictions and autocorrelation in the regression model. Other topics include an introduction to simultaneous equation models, the identification problem, instrumental variable estimators, limited information and full information simultaneous equation estimators.

Assessment: Written (6 fortnightly assignments): 40% + Examination (2 hours): 60%