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ETC4340 - Principles of econometrics

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate, Postgraduate Faculty of Business and Economics

Leader: Professor Don Poskitt


Clayton Second semester 2007 (Day)


Econometric and statistical techniques serve as the tools of inductive inference, enabling us to assess the size and likelihood of possible errors, to decide whether discrepancies between theory and practice can be attributed to chance, and to judge the merits of predictions based on past observations. Despite this generality a collection of basic ideas and concepts form the core principles underlying much econometric and statistical analysis. This unit discusses these core principles. Topic headings: models and data structures, the general linear model and associated inference, the likelihood principle, maximum likelihood distribution theory, likelihood based inference.


The learning objectives of this unit are to:


As for ETC3400 but with a different examination structure

Contact hours

Two 1-hour lectures and one 2-hour tutorial per week


ETC2400 or permission