units

ETX6510

Faculty of Business and Economics

18 September 2017 22 November 2024
Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 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.

print version

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.

LevelPostgraduate
FacultyFaculty of Business and Economics
OfferedClayton Second semester 2015 (Day)
Coordinator(s)Dr Bonsoo Koo

Synopsis

This unit provides a rigorous treatment of core methods of econometric estimation and inference in a single and also multiple equation settings. While students are encouraged to look at every problem from several views (informal, algebraic, geometric, etc.), a large emphasis is placed on constructing formal arguments, and the importance of clear notation, definitions, assumptions and deductive arguments is emphasised. Formal lectures and references to graduate level textbooks are provided, and students are also assigned and encouraged to read some classic journal articles. This unit is designed for PhD students who intend to write a thesis in econometrics or business statistics. It is not intended for PhD students in other disciplines who need to learn some quantitative techniques for the empirical section of their dissertations, although students from other departments who are interested in more advanced methods may wish to take this unit.

Outcomes

The learning goals associated with this unit are to:

  1. ensure PhD candidates master the core elements of econometrics to be able to generalise and apply these principles to research questions
  2. encourage and train PhD students to grind through complex scholarly journal articles and harvest the elements needed to conduct research
  3. train PhD students in developing a habit of using clear notation and clear arguments in research work.

Assessment

Within semester assessment: 40%
Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Dr Bonsoo Koo

Prerequisites

Students must have successfully completed ETX6500 or BEX6500 to enrol in this unit.