Year

# ECON323-08S1 (C)Semester One 2008Econometrics I

 14 points, 0.1167 EFTS25 Feb 2008 - 29 Jun 2008 ↓Other occurrences

## Description

The estimation and testing of linear models. Basic time series methods.

The estimation and testing of linear models. Basic time series methods.

The aim of this course and ECON324 is to equip you with a collection of essential econometric tools that are required in modem empirical research in business and economics.  Successful completion of the course will help you read and understand other people's work, and provide you with the practical skills to perform an empirical analysis of your own.  Starting with the basics of regression analysis, various modules are added to extend the regression tool to more complex tasks as they are encountered by the practitioner.  The covered examples will come from micro-economics and macro-economics and the tools will be equally useful in business and management (in particular marketing and finance).  The material will be practiced in hands-on computing exercises during tutorials in the Commerce computer laboratory.

Content: The general linear regression model and multiple regression. OLS and statistical inference. Non-linear regression and the choice of functional form. Misspecification. Multicolinearlity. Heteroskedasticity, autocorrelation and the application of Generalised Least Squares.

## Pre-requisites

(1) ECON213 or (STAT212 and STAT214); (2) MATH 104 or MATH 105 or MATH 106 or MATH108.

ECON303

## Timetable

There will be one tutorial per week in addition to lectures.

## Assessment

Assessment Due Date Percentage
Assignment 1 7%
Assignment 2 8%
Final Exam 70%
Test 15%

## Textbooks

Recommended Reading

Griffiths, William E. , Hill, R. Carter., Judge, George G; Learning and practicing econometrics; Wiley, 1993.

Kennedy, Peter; A guide to econometrics; 4th ed; MIT Press, 1998.

Wooldridge, Jeffrey M; Introductory econometrics : a modern approach; 2nd ed; Thomson South-Western, 2003.

## Fees

Domestic fee \$502.00
International fee \$2,089.00

For further information see Department of Economics and Finance.

### All ECON323 Occurrences

• ECON323-08S1 (C) Semester One 2008
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