Studying online

There are now 3 possible online modes for units:

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

Units available in Online Restricted mode have been adapted for online study only for those students who require the unit to complete their studies and who are unable to attend campus owing to exceptional circumstances beyond their control. To be enrolled in a unit in Online Restricted mode, students should contact their Student Advising Office through askUWA

Click on an offering mode for more details.

Unit Overview

Description
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.
Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 1UWA (Perth)Face to face
Semester 1OnlineOnline Restricted
Details for undergraduate courses
  • Level 2 core unit in the Professional Economics major sequence
  • Level 2 option in the Economics major sequence
  • Level 2 elective
Outcomes
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.
Assessment
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
Prerequisites:
STAT1520 Economic and Business Statistics or equivalent; ECON1111 or equivalent.
Co-requisites:
Nil.
Incompatibility:
Nil.
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
Texts

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.
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  • 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.