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EC4703 - Advanced Econometrics

[Offered in even-numbered years]

Credit points: 3
Year: 2019
Student Contribution Band: Band 3
Administered by: College of Business, Law & Governance

This subject is offered to students with appropriate approval.

This subject is designed to give students advanced knowledge of a broad array of topics in econometric theory and prepare them to apply empirical applications to real world challenges. Topics will include: Limit theorems, likelihood function, MLE, GLS, IV, GMM methods of estimation, three large sample classical statistical tests, Nonlinearity, non-stationarity and co-integration tests, limited dependent variable models and qualitative response models, panel data models and single equation as well as simultaneous equations models. Micro and macro-economic models analysis using SHAZAM, RATS, GAUSS, E-views.

Learning Outcomes

  • analyse and create adaptable econometric models based on various theories;
  • apply and implement econometric methods to real world scenarios;
  • interpret, produce and communicate econometric methodologies and results.
Prerequisites: (BU1003 AND BU1007 AND BX3122) OR EC5216

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.