Applied micro-econometrics EMET8001  - Details

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Offered By: School of Economics
Academic Career: Graduate Coursework
Course Subject: Econometrics
Offered in: Second Semester, 2010
Unit Value: 6 units
Course Description: This course goes beyond the simple ordinary least squares regression model. The course covers: brief review of ordinary least squares, instrumental variables estimation, panel data estimation, simultaneous equations models, nonlinear models (discrete choice, censored, and sample selection). Despite its name, the course is highly theoretical. The software of choice for the applied component is STATA, basic knowledge of which is required. Students will learn to understand, apply, and estimate state of the art micro--econometric models and methods and how to incorporate STATA in estimation of these models.
Learning Outcomes:

Upon completion of the course, students will know how to

  • work with and develop state of the art models of micro-econometrics
  • use the STATA software package for estimation of these models
  • estimate these models
Indicative Assessment: (subject to change) There will be four compulsory homework assignments. Each will count 10% towards the final course grade. There will be one compulsory final examination at the end of the semester. It will count 60% towards the final course grade.
Workload: 3 contact hours plus private study time.
Course Classification(s): AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs.
Areas of Interest: Econometrics
Eligibility: At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with introductory level courses in Economics, Statistics and Econometrics
Assumed Knowledge and
Required Skills:
The software of choice for the applied part is STATA with which you should be familiar.
Prescribed Texts: Introductory Econometrics, by Jeffrey Wooldridge, 4e
Preliminary Reading:

See Course Website

Indicative Reading List:

See Course Website

Programs: Graduate Diploma in Economics, Graduate Diploma in Economic Policy, Graduate Certificate in Actuarial Studies, Master of Economics, Master of Applied Economics, Master of Applied Economics, Master of Economic Policy, Master of International Trade and Economic Relations, Master of Health Economics, Master of Economics of Development, and Master of International and Development Economics
Other Information:

See Course Website

Academic Contact: See http://ecocomm.anu.edu.au/courses/course.asp?code=EMET8001