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MAE900 - Applied Econometrics

Year:	2023 unit information
Enrolment modes:	Trimester 1: Burwood (Melbourne)
Credit point(s):	1
EFTSL value:	0.125
Unit Chair:	Trimester 1: Daniel Avdic
Cohort rule:	Must be enrolled in M820 Master of Research (Business) or M900 Doctor of Philosophy.
Prerequisite:	Nil.
Corequisite:	Nil
Incompatible with:	MAE906
Typical study commitment:	Students will on average spend 150 hours over the trimester undertaking the teaching, learning and assessment activities for this unit.
Scheduled learning activities - campus:	1 x 3 hour seminar per week

Content

This unit concentrates on developing analytical skills in the applications of econometric techniques. In this unit, students will explore a variety of topics in econometrics that include OLS, Limited Dependent Variable Models, Instrumental Variables and 2SLS, Difference in Differences and Panel Data Models as well as some introductory analysis of Time Series Models. Integral aspect of exploring each topic will be an empirical analysis using real data. Students will also learn programming in statistical software using programs such as STATA.

ULO	These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can:	Deakin Graduate Learning Outcomes
ULO1	Apply various econometric modelling techniques to empirically analyse problems and policy issues.	GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking
ULO2	Communicate complex econometric ideas, theories and responses using appropriate visual tools.	GLO1: Discipline-specific knowledge and capabilities GLO2: Communication
ULO3	Generate and interpret results of econometric analysis using statistical software packages such as STATA.	GLO1: Discipline-specific knowledge and capabilities GLO3: Digital literacy GLO4: Critical thinking
ULO4	Evaluate suitability of various econometric models for addressing different research questions.	GLO1: Discipline-specific knowledge and capabilities GLO4: Critical thinking GLO5: Problem solving

These Unit Learning Outcomes are applicable for all teaching periods throughout the year.

Assessment

Assessment Description	Student output	Grading and weighting (% total mark for unit)	Indicative due week
Assessment 1: (Individual) Problem sets x 3	1500 words each set	60%	Information not yet available
Written Response Test	3 hours	40%	End-of-unit assessment period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Hurdle requirement

Hurdle requirement: Achieve at least 50% of the marks available on the end-of-unit assessment task to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.

Learning Resource

There is no prescribed text. Unit materials are provided via the unit site. This includes unit topic readings and references to further information.

Unit Fee Information

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