Elements of Econometrics - ECON4207
Faculty: Australian School of Business
School: School of Economics
Course Outline: ECON4207 Course Outline
Campus: Kensington Campus
Career: Undergraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 3
Enrolment Requirements:
Prerequisite:ECON1203
Equivalent: ECON6003
Excluded: ECON2206
CSS Contribution Charge: 3 (more info)
Tuition Fee: See Tuition Fee Schedule
Further Information: See Class Timetable
Description
The aim of this course is to provide students with an in-depth understanding of the simple and multivariate regression models. This course deals with numerous economic applications emphasisng the practical aspects of model building. Extensions to the multiple regression model are considered in cases where the classical assumptions do not hold. In addition, topics including simultaneous equation models and qualitative choice models are covered using a range of applications from the fields of consumption, demand, investment and production economics.