Course overview
This course introduces the econometric techniques used to analyse data sets in economics, finance and commerce and leads to further study of applied economics. 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 builds on basic statistics, inference and regression and 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.
- Foundations of Econometrics
- OLS estimator
- Inference
- Model specification
Course learning outcomes
- Explain economic data structures and use appropriate visual tools to present data.
- Estimates simple and multiple linear regressions with quantitative data and interprets results.
- Test and correct for heteroskedasticity.
- Estimate linear regressions with qualitative data.
- Interpret results from regressions.
- Discuss and communicate methodology and results in a team.
- Apply appropriate methodology to determine statistical validity.
Availability
Class details
Adelaide City Campus East
Class number 26907
Section WS01
Size 50
Available 34
Class number 26906
Section WS02
Size 50
Available 48
Class details
Adelaide City Campus East
Class number 53957
Section WS02
Size 25
Available 24
Fee calculator
To display course fees, please select your status and program below:
We’re updating this Fee Calculator. It currently shows fees for programs only. Please check the relevant program for full fee details.
Study Abroad student tuition fees are available here.
Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information.
The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.