Introductory Econometrics - ECON241
This unit introduces some basic econometric techniques employed by economists in the analysis of economic relationships. These techniques are also used extensively in marketing and finance. Topics covered will usually include: estimation and hypothesis testing; simple and multiple regression; prediction; the interpretation and evaluation of regression models, including an elementary discussion of nonlinear modelling, heteroscedasticity, auto-correlation, multicollinearity and specification error; and the use of categorical or qualitative data in regression models. Emphasis throughout the unit is on the application of econometric techniques and the interpretation of estimated results rather than formal theoretical proofs and derivations.
| Credit Points: | 3 |
| When Offered: | S1 Day - Session 1, North Ryde, Day S1 Evening - Session 1, North Ryde, Evening S2 Day - Session 2, North Ryde, Day S3 Day - Session 3, December 2017 - February 2018, North Ryde, Day |
| Staff Contact(s): | Associate Professor Roselyne Joyeux |
| Prerequisites: |
15cp at 100 level or above including ((STAT150 or STAT170 or STAT171 or PSY122) and (ECON110 or ECON111)) |
| Corequisites: | |
| NCCW(s): | ECON141 |
| Unit Designation(s): | |
| Unit Type: | |
| Assessed As: | Graded |
| Offered By: | Department of Economics Faculty of Business and Economics |
Course structures, including unit offerings, are subject to change.
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