Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

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Unit Overview


This unit deals with basic econometric issues and modelling skills such as hypothesis testing and statistical inference; correlation; the linear regression model; relaxing the assumptions of the classical linear regression model; forecasting; use of empirical examples to test hypotheses in economics and finance; and an introduction to the use of computer software packages.

6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Details for undergraduate courses
  • Level 2 core unit in the Economics; Business Analytics major sequences
  • Level 2 option in the Business Economics major sequence
  • Level 2 elective

Students are able to (1) demonstrate an understanding of the concept of ordinary least squares regression and its underlying assumptions; (2) conduct regression analysis with common nonlinear specifications; (3) conduct multivariate regression analysis, working with explanatory variables which are continuous, ordinal, nominal and binary; (4) conduct analysis of limited and discrete dependent variables; (5) demonstrate an understanding of the difference between cross-sectional, time-series and panel data regression; and (6) appreciate the importance of data quality, fundamentals of sound research design, and the limitations of commonly applied econometric techniques.


Indicative assessments in this unit are as follows: (1) quizzes; (2) assignment; and (3) examinations. Further information is available in the unit outline.

Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Yanrui Wu
Unit rules
STAT1520 Economic and Business Statistics
or STAX1520 Economic and Business Statistics
or ECON1111 Quantitative Methods for Business and Economics
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week

Wooldridge, J. Introductory Econometrics. 1st ed.: Cengage 2012



  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.