Postgraduate - UnitETF5400 - Econometric theory

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.

Level	Postgraduate
Faculty	Faculty of Business and Economics
Offered	Caulfield First semester 2012 (Evening)
Coordinator(s)	Professor Mervyn Silvapulle

Synopsis

The topics covered in this unit would be

invaluable for any student intending to work in applied econometrics, and
essential to understand journal articles in econometrics. This unit introduces some of the essentials to develop a working knowledge of econometrics for large samples. The topics covered include, weak law of large numbers, multivariate central limit theorem, large sample properties of the least squares estimator in the linear model, large sample properties of maximum likelihood estimators, and applications of these to some econometric models used in applied econometric research.

Outcomes

The learning goals associated with this unit are to:

define different models used in econometrics and statistics
compare different methods of estimating and testing econometric models
recommend suitable methods of inference
evaluate different methods of inference for econometric models
summarise the advantages and disadvantages of various methods of inference.

Assessment

Within semester assessment: 100%

Chief examiner(s)

Professor Mervyn Silvapulle

Contact hours

3 hours per week

Prerequisites

Students must be enrolled in course codes 3816 or 3822 or 3194 or 4412. It is recommended that students should have a high level of familiarity with the topics covered in ETF2100 and ETF2700.