This unit introduces students to the empirical analysis of relationships between economic variables. The approach is based on linear regression theory, and emphasises 'hands on' data analysis. Topics studied will include properties of least squares estimators, hypothesis testing, the choice of appropriate functional form, the use of dummy variables, issues around modelling survey data and the problems of serial correlation, heteroscedasticity and multicollinearity. Students will learn how to critically analyse empirical economic studies. -- Course Website
Instructor: Professor Brett Inder, Dr Kathryn Cornwell, Mr Jason Ng
Prerequisites: ETC1010, ETC2010 or ETC1031