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MAE900 - Applied Econometrics

Year:

2024 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne)
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Daniel Avdic
Cohort rule:This unit is only available to students enrolled in M820, M900
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.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 2 hour on-campus lecture and 1 x 1 hour on-campus seminar each 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) Portfolio

Part A: Case Study: Data Analysis with Written Report (Analytical)
Part B: Reflection (Discussion – Peer)

Part A: 4000 words
Part B: 15 minute presentation

Part A: 30%
Part B:30 %

Week 10
End-of-unit assessment task: Written 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

The texts and reading list for the unit can be found on the University Library at the link here: MAE900 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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