ECON 7051 - Intermediate Econometrics IID

North Terrace Campus - Semester 2 - 2014

This course provides an introduction to the econometric techniques used to analyse data sets in economics, business and finance. It builds on basic statistics, inference and regression as covered in introductory statistics courses. The focus is on understanding the methods involved, using statistical software to provide the results and then interpreting and commenting on these results. The course reviews basic statistics, regression and inference, and then introduces multiple regression analysis, which remains the most commonly used statistical technique in econometrics. The remainder of the course considers various practical aspects of linear regression models and may include dummy variables, different functional forms and the consequences of violation of the classical regression assumptions.

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Course Details

Course Code	ECON 7051
Course	Intermediate Econometrics IID
Coordinating Unit	Economics
Term	Semester 2
Level	Postgraduate Coursework
Location/s	North Terrace Campus
Units	3
Contact	Up to 4 hours per week
Assumed Knowledge	Introductory Statistics, Microeconomics & Macroeconomics
Restrictions	Available to MFin&BusEc, GradCertEc, GradCertIntEc, GradDipIntEc, GradDipAppEc & MHlthEco&Pol students only
Assessment	Typically tutorial participation &/or exercises, assignments, tests & final exam

Course Staff

Course Coordinator: Patricia Sourdin

Semester 1
Course Coordinator: Dr Nicholas Sim
Office hours: will be held by the lecturer on Monday 4-5pm or by appointment onlyOffice location: Nexus 10, Level 4, Room 4.46
Telephone: 8313 4927

Semester 2
Course Coordinator: Dr Patricia Sourdin
Email: patricia.sourdin@adelaide.edu.au
Office hours:
Office location: Nexus 10
Telephone:

Course Timetable

The full timetable of all activities for this course can be accessed from .

Course Learning Outcomes

The course aims to achieve the following outcomes. It will provide students:

1. with knowledge on the fundamentals of econometrics and its application

2. with knowledge and proficiency on the use of statistical packages for econometric and statistical analysis

3. with the ability to conduct independent data analysis and inquiry using the tools of statistics and econometrics

最新糖心Vlog Graduate Attributes

This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

最新糖心Vlog Graduate Attribute	Course Learning Outcome(s)
Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised.	1,2
The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner.	1,2
An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems.	1,2
A proficiency in the appropriate use of contemporary technologies.	2,3

Learning Resources

Required Resources

TEXT BOOK(S)
The required textbook is Principles of Econometrics, 4th Edition, Wiley by R. Carter Hill, William E. Griffits and Guay C. Lim.

Recommended Resources

The recommended book to accompany the required text is Using Stata for Principles of Econometrics, 4th Edition, by Adkins and Hill.

Online Learning

MyUni Course WebPage provides lecture notes and other course materials. Please check this page frequently for important announcements and corrections.
Learning & Teaching Activities

Learning & Teaching Modes

Classes will meet three times a week: twice for a 1-hour lecture on Mondays 11am-12pm and Thursdays 11am-12pm at The Braggs, G76 Bragg Lecture Theatre, and once for a 2-hour tutorial depending on the time slot students sign up for.
Office hours will be held by the lecturer on Monday 12-1pm or by appointment only. Office hours with tutors will be announced in due course. Please adhere strictly to the designated office hours.

Workload

The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The standard undergraduate workload for a full-time student is 48 hours per week which equates to 12 hours per 3 unit course. This course has four hours of lectures and tutorials each week, which means that students should undertake eight hours of self-study each week of the teaching term.
Weekly homework assignments are issued each week. The assignments are graded and students may be asked to present their solutions during tutorial sessions.

Learning Activities Summary

No information currently available.

Specific Course Requirements

Homework completion may require access to STATA. If you do not have STATA at home, you may use the computer labs on campus. Please refer to http://www.adelaide.edu.au/its/student_support/labs/ for further details.
For course related questions, students are encouraged to utilise the designated office hours of the lecturer. Questions over the telephone are strongly discouraged.

The 最新糖心Vlog's policy on Assessment for Coursework Programs is based on the following four principles:

Assessment must encourage and reinforce learning.
Assessment must enable robust and fair judgements about student performance.
Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
Assessment must maintain academic standards.

Assessment Summary

Students will be assessed based on the following:

Homework assignments and class participation: 15%

2 Mid-term tests: 30% (15% each)

Final examination: 55%

Unless informed otherwise, the 2 mid-term tests will be scheduled for Week 8 (Monday, 15 September 2014 and Thursday 18 September 2014) during the 11am-12pm lectures. Unless instructed otherwise, students are permitted to bring in an A4 size cheat sheet with both sides written for the mid-term test and final exam

Assessment Related Requirements

Attendance in class and tutorials is required.

Assessment Detail

The homework assignments will be posted one week prior to the due date. Students are expected to submit every homework assignment. Each week, the tutors may ask a group of students to present their solutions as part of class participation. Note that a supplementary test or examination will not be given to replace the missed homework assignments. Unless there are valid reasons and proper documentation, a missed test or examination will be graded 0. Please refer to the Modified Arrangements for Coursework Assessment Policy http://www.adelaide.edu.au/policies/3303 (and the Schedule to the Policy) for further details about eligibility and application forms.

Submission

Submission of the assignments is required as per instructions on MyUni.

Course Grading

Grades for your performance in this course will be awarded in accordance with the following scheme:

M10 (Coursework Mark Scheme)
Grade	Mark	Description
FNS		Fail No Submission
F	1-49	Fail
P	50-64	Pass
C	65-74	Credit
D	75-84	Distinction
HD	85-100	High Distinction
CN		Continuing
NFE		No Formal Examination
RP		Result Pending

Further details of the grades/results can be obtained from Examinations.

Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

Final results for this course will be made available through .

Student Feedback

The 最新糖心Vlog places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the 最新糖心Vlog to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
Student Support
Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
Fraud Awareness

Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.

The 最新糖心Vlog of Adelaide is committed to regular reviews of the courses and programs it offers to students. The 最新糖心Vlog of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.

Authorised by:	Deputy Vice-Chancellor and Vice-President (Academic)
Maintained by:	Course Outlines Administrator

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