units

ETC3410

Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedClayton First semester 2012 (Day)
Clayton Second semester 2012 (Day)
Coordinator(s)Mr John Stapleton

Synopsis

This unit presents econometric models and techniques that are widely used in modern applied econometrics. Emphasis is placed on models that address the special problems that arise when analysing microeconomic data, that is, data at the level of individual consumers, households and firms. The topics covered include modelling discrete dependent variables, modelling data sets that have both a cross-section and a time-series dimension and conducting inference in models in which the dependent variable is jointly determined with one or more of the regressors. The models taught in this unit are widely used in empirical work in economics, finance and marketing.

Outcomes

The learning goals associated with this unit are to:

  1. conduct statistical inference in statistical models with a binary dependent variable
  2. conduct statistical inference in statistical models with one or more endogenous explanatory variables
  3. conduct statistical inference in a system of simultaneous equations
  4. conduct statistical inference on data that has both a time series and a cross section dimension.

Assessment

Within semester assessment: 40%
Examination (2 hours): 60%

Chief examiner(s)

Professor Brett Inder & Mr John Stapleton (S1 2012)Professor Brett Inder & Dr Kathryn Cornwell (S2 2012)

Contact hours

4 hours per week

Prerequisites

Students must have passed one of the following before undertaking this unit. ECC2410, ETC2400, ETC2410, ETC3440

Prohibitions

ECC3410, ETC4341, ETW3410