Econometric Model Building - ECON3204

   
   
 
Contact: Kohn,Robert
 
 
Campus: Kensington Campus
 
 
Career: Undergraduate
 
 
Units of Credit: 6
 
 
Contact Hours per Week: 3
 
 
Enrolment Requirements:
 
 
Prerequisite: ECON2207
 
 
Offered: Semester 2 2005
 
 
Fee Band: 2
 
 

Description


This course aims to develop students' knowledge of the theory and practice of building causal econometric models for real-world application. Effective modelling requires a deep understanding of economic data, familiarity with a number of model design principles and an awareness of commonly-met construction problems and how to overcome them. These themes are discussed in sequence, in the context of two diverse applications. The presentation emphasises practicalities, rather than formal rigour.