ECON 7051 - Intermediate Econometrics IID
North Terrace Campus - Semester 1 - 2017
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General Course Information
Course Details
Course Code ECON 7051 Course Intermediate Econometrics IID Coordinating Unit Economics Term Semester 1 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Assumed Knowledge Introductory Statistics, Microeconomics & Macroeconomics Restrictions Available to MFin&BusEc, GCertAppEc, GCertIntEc, GDipIntEc, GDipAppEc, MAppEc & MHlthEco&Pol students only Assessment Typically group and individual assignments, tests and final exam Course Staff
Course Coordinator: Dr Nadya Baryshnikova
Semester 1
Course Coordinator: Dr Nadya Baryshnikova
Email: nadya.baryshnikova@adelaide.edu.au
Office hours: TBA
Office location: Nexus 10, Level 4, Room 4.04
Telephone: 8313 4821
Semester 2
Course Coordinator: Dr Patricia Sourdin
Office hours: TBA
Office location: TBA
Telephone: TBA
Course Timetable
The full timetable of all activities for this course can be accessed from Course Planner.
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Learning Outcomes
Course Learning Outcomes
On successful completion of this course, students will be able to:
- Conduct basic statistical and econometric analysis.
- Explain and interpret econometric results.
- Formulate a research question and answer it using basic econometric analysis.
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1,2,3 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
1,2,3 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
1,2,3 -
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.
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Learning & Teaching Activities
Learning & Teaching Modes
Classes will meet three times a week: 2 hours for lecture and once for a 1-hour tutorial. Office hours 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 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 three hours of lectures and tutorials each week, which means that students should undertake nine hours of self-study each week of the teaching term.
Note that postgraduate students are expected to perform additional tasks (these may be computational in nature) during tutorial sessions.
Homework assignments are issued each week. Students are expected to work in groups on these assignments. In addition to the weekly group questions there will be two assignments to be submitted individually for a grade. All students may be asked to present their solutions during each tutorial session.Learning Activities Summary
Teaching & Learning Activities Related Learning Outcomes Lectures 1,2,3
TENTATIVE LECTURE SCHEDULE (subject to change) :
Topics Title Chapters Topic 1 Introduction to Econometrics Chapter 1 (HGL) Topic 2 Introduction to Basic Statistics and Probability Probability Primer Topic 3 The Simple Linear Regression Model Chapter 2 Topic 4 Interval Estimation and Hypothesis Testing Chapter 3 Topic 5 Prediction, Goodness of Fit and Modeling Issues Chapter 4 Topic 6 The Multiple Linear Regression Model Chapter 5 Topic 7 Further Inference in the Multiple Regression Model Chapter 6 Topic 8 Using Indicator Variables Chapter 7 Topic 9 Heteoskedasticity Chapter 8 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.
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Assessment
The University'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
Assessment Task Due Date/ Week Weight Learning Outcomes Homework Assignments (in groups) Week TBA 20% 1,2 Individual Homework Assignments Week TBA 30% 1,2 Small Research Project Week TBA 5% 1,2,3 Final Exam Week TBA 45% 1,2
Assessment Detail
1. Homework will be posted each week. The students will be asked to form groups at the beginning of the course and do the exercises in these groups. 5 of these homeworks will be graded, the rest are not graded. The homeworks that will be graded will be announced on the course page in advance and will have a clearly marked due date. No individual work will be accepted for this component. The group homework is submitted online. The tutor will mark one question of his/her choice in each graded homework. At the end of the course, best 3 out of 5 marks will count toward the semester grade for this component.
2. There will be 2 homework assignments to be submitted individually throughout the course. The dates and submission guidelines will be announced on the course page. At the end of the course, best 1 out of 2 marks will count toward the semester grade for this component.
3. Small Research Project: There will be a small research project towards the end of the course done in groups, if possible. The due dates will be announced on the course web page in due course. The project will be discussed in the tutorials. Students will be presenting their finding during one of the tutorials as well.
Unless there are valid reasons and documentation, missed tests, projects 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. Missed or late submissions of any assignments will not be accepted and will be graded 0.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 Access Adelaide.
Submission of the assignments is required as per instructions on MyUni.
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Student Feedback
The University 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 University 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.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- International Student Support
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
- YouX Student Care - Advocacy, confidential counselling, welfare support and advice
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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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’s disciplinary procedures.
The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.
