ECON 2515 - Intermediate Applied Econometrics II
North Terrace Campus - Summer - 2022
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General Course Information
Course Details
Course Code ECON 2515 Course Intermediate Applied Econometrics II Coordinating Unit Economics Term Summer Level Undergraduate Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week. Intensive in Summer Semester Available for Study Abroad and Exchange Y Prerequisites ECON 1008 or ECON 1011 or equivalent Incompatible ECON 2504 Assumed Knowledge ECON 1005 and ECON 1012 Restrictions Not suitable for BEc(Adv) students Assessment Typically assignments, mid-term test and final exam Course Staff
Course Coordinator: Patricia Sourdin
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:
1. Have an in-depth knowledge of Economic data structure and use adequate visual tools to present data
2. Estimate simple and multiple linear regressions with quantitative data
3. Test and correct for heteroscedasticity
4. Estimate linear regressions with qualitative data
5. Interpret outcomes of the regressions
6. Discuss and communicate methodology and results in a teamUniversity 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) Attribute 1: Deep discipline knowledge and intellectual breadth
Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.
1-5 Attribute 2: Creative and critical thinking, and problem solving
Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.
3,5 Attribute 3: Teamwork and communication skills
Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.
6 Attribute 4: Professionalism and leadership readiness
Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.
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Learning Resources
Required Resources
The required textbook for this course is Introductory Econometrics by Jeffrey M. Wooldridge, Mokhtarul Wadud, Jenny Lye, 2nd editionOnline Learning
MyUni Course WebPage provides lecture notes, computer lecture notes, homework questions and solutions. Please check this page frequently for important announcements and corrections. -
Learning & Teaching Activities
Learning & Teaching Modes
Summer School is intensive over 6 weeks. There are 24 hours of lectures and 11 hours of tutorials.
Students are expected to attend tutorials and they will not be recorded. If any tutorial is missed, students will need to catch up on any missed material.Workload
No information currently available.
Learning Activities Summary
Topics Title Chapters 1 Introduction and review Chapters 1 and 3 2 The simple regression model Chapter 4 3 Multiple regression Analysis: estimation Chapter 5 4 Multiple regression analysis: inference Chapter 6 5 Model specification Chapter 7 6 Multiple regression analysis with qualitative information: binary (or dummy) variables Chapter 8 7 Heteroscedasticity Chapter 9 -
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 Task Type Weighting Learning Outcome Assignments Group 30% 1-6 Mid-term test Individual 20% 1-5 Final Exam Individual 50% 1-5 Total: 100% Assessment Related Requirements
Some assignments and homework require you to use STATA software. The University has recently purchased a site licence for Stata, and Stata 17.0 MP is now available in the Software Centre to download. Any student who needs it has access to it as long as they have a compatible operating system and memory etc.
Students may download it to one personally-owned device. See the ITDS ‘Software for Students’ page: https://www.adelaide.edu.au/technology/your-services/software/software-for-students. The info for Stata is down at the bottom of the list.
Stata is also installed in the computer labs or may be accessed via ADAPT on your personal devices.Please allow additional time for completing the assignments as the computer labs may not always be available.
Assessment Detail
1. There will be 1 assignment to be submitted in groups throughout the course. No individual work will be accepted for this component. Further details will be posted to MyUni. Modified arrangements due to exceptional circumstances will be considered on a case-by-case basis. The dates and submission guidelines will be announced on MyUni. The assignment is worth 30% of the final grade and is not redeemable.
2. There will be a mid-semester test worth 20% of the final grade. Further details will be announced on MyUni. The test is redeemable if students choose not, or are unable, to do the tests. The weighting of the missed test will be added to the weighting of the final exam.
Submission
Submission of the assignments is required as per instructions on MyUni. Legible hand-writing and the quality of English expression are considered to be integral parts of the assessment process, and may affect marks. Marks cannot be awarded for answers that cannot be read or understood.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.
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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.
The revisions to this course, based on student feedback, include a clearer structure of topics, clearer due dates, and making the midterm redeemable. -
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.
