Faculty of Business and Economics

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This unit entry is for students who completed this unit in 2016 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.

0 points, SCA Band 3, 0.000 EFTSL

Postgraduate - Unit

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


Business and Economics

Organisational Unit

Department of Econometrics and Business Statistics


Dr Bonsoo Koo



  • Second semester 2016 (Day)


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.


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.


Within semester assessment: 40%
Examination: 60%

Workload requirements

36 hours per semester of formal class contact.

See also Unit timetable information

Chief examiner(s)


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