Course Title: Econometric Techniques

Part A: Course Overview

Course Title: Econometric Techniques

Credit Points: 12


Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

ECON1223

City Campus

Undergraduate

625H Economics, Finance and Marketing

Face-to-Face

Sem 1 2006,
Sem 1 2007,
Sem 1 2008,
Sem 1 2009,
Sem 1 2010,
Sem 1 2011,
Sem 1 2012,
Sem 1 2013,
Sem 1 2014,
Sem 1 2015,
Sem 1 2016,
Sem 1 2017

ECON1238

City Campus

Postgraduate

625H Economics, Finance and Marketing

Face-to-Face

Sem 1 2008,
Sem 1 2010,
Sem 1 2011,
Sem 1 2012,
Sem 1 2013,
Sem 1 2014,
Sem 1 2015,
Sem 1 2016,
Sem 2 2016,
Sem 1 2017,
Sem 2 2017

Course Coordinator: Dr Ahmed Skali

Course Coordinator Phone: No phone

Course Coordinator Email: ahmed.skali@rmit.edu.au

Course Coordinator Location: Building 80


Pre-requisite Courses and Assumed Knowledge and Capabilities

None.


Course Description

Much of the data available to model in economics, finance and related disciplines involves features that make the application of the linear regression model inappropriate. This course will discuss a range of techniques that can be used to deal with such situations. These modelling techniques need to take account of the features of both the data generating and the data collection processes. The course is concerned with both the theoretical issues involved and with the application of the techniques. You will use an econometric software package that enables estimation of the models covered in the course.


Objectives/Learning Outcomes/Capability Development

-


On successful completion of this course you will be able to:

  1. Undertake empirical analysis using correct analytical techniques.
  2. Discuss coherently, logically and in a scholarly manner the findings of research activities.
  3. Reflect on findings of analysis, justifying judgements and decisions.
  4. Discuss and present findings of research activities in a logical, coherent and succinct manner independently and/or as a member of a group.
  5. Analyze data in an ethical manner, avoiding selective use of data, concealing of results and fabrication of outcomes.


Overview of Learning Activities

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.


Overview of Learning Resources

Various learning resources are available online through myRMIT/Blackboard. In addition to topic notes; assessment details and a study schedule you may also be provided with links to relevant online information; readings; audio and video clips and communication tools to facilitate collaboration with your peers and to share information.
Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT Library website.
Additional resources and/or sources to assist your learning will be identified by your course coordinator will be made available to you as required during the teaching period.


Overview of Assessment

The assessment alignment list below shows the assessment tasks against the learning outcomes they develop.

Assessment Task 1: 50%
Linked CLOs:1, 2, 3, 4, 5
Assessment Task 2: 50%
Linked CLOs: 1, 2, 3

Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.