ecm4mes microeconometrics
MICROECONOMETRICS
ECM4MES
Not currently offered
Credit points: 15
Subject outline
In this subject, students develop skills for econometrically analysing microeconomic units i.e. individuals and firms. First, students learn about the econometrics of (public or private) program evaluation. Second, techniques for analysing panel datasets of large number of individuals over short periods of time are covered. Both of these topics extend how techniques covered in ECM2IE are used. In the third topic, substantially different techniques for analysing problems where the decision variable is discrete or truncated are introduced. Individual heterogeneity and endogeneity problems will be covered where relevant. Applications are drawn from industrial economics, finance, labour economics and marketing.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorJoanna Poyago-Theotoky
Available to Study Abroad StudentsYes
Subject year levelYear Level 4 - UG/Hons/1st Yr PG
Exchange StudentsYes
Subject particulars
Subject rules
Prerequisites ECM2IE or ECO2EME
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Microeconometrics: methods and applications | Prescribed | Cameron, A. Colin and Pravin K. Trivedi | UP |
| Readings | Introductory econometrics: a modern approach | Preliminary | Wooldridge, Jeffery | SOUTH-WESTERN |
Graduate capabilities & intended learning outcomes
01. Understand the econometrics of program evaluation.
- Activities:
- TBE
02. Understand how to econometrically model and analyse panel data.
- Activities:
- TBE
03. Understand how to econometrically analyse data which is discrete or truncated.
- Activities:
- TBE
04. Understand the problems of identification and selection bias and their remedies.
- Activities:
- TBE
05. Be able to perform econometric analyses using the above tools.
- Activities:
- TBE
Subject options
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