Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit convenor, lecturer and tutor
Chris Heaton
Contact via chris.heaton@mq.edu.au
06EaR-453
TBA on iLearn
Tutor
Colin Bowers
Contact via colin.bowers@mq.edu.au
TBA on iLearn
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
Admission to MRes
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
ECON8040
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Unit description |
Unit description
The aim of this unit is to enable MRes students to upgrade their basic econometric knowledge and skills to a level where they can independently design an empirical research project and use relevant econometric methods to draw valid conclusions, with clear understanding of advantages and limitations of the methods involved. To that end, students will be introduced to various econometric methods and their properties under different circumstances. |
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Late submissions of assessments Unless a Special Consideration request has been submitted and approved, no extensions will be granted. There will be a deduction of 10% of the total available assessment-task marks made from the total awarded mark for each 24-hour period or part thereof that the submission is late. Late submissions will only be accepted up to 96 hours after the due date and time.
No late submissions will be accepted for timed assessments – e.g., quizzes, online tests.
Submission time after the due date (including weekends) |
Penalty (% of available assessment task mark) |
Example: for a non-timed assessment task marked out of 30 |
<24 hours |
10% |
10% x 30 marks = 3-mark deduction |
24-48 hours |
20% |
20% x 30 marks = 6-mark deduction |
48-72 hours |
30% |
30% x 30 marks = 9-mark deduction |
72 – 96 hours |
40% |
40% x 30 marks = 12-mark deduction |
>96 hours |
100% |
Assignment won’t be accepted |
Special Consideration
To request an extension on the due date/time for a timed or non-timed assessment task, you must submit a Special Consideration application. An application for Special Consideration does not guarantee approval.
The approved extension date for a student becomes the new due date for that student. The late submission penalties above then apply as of the new due date
Name | Weighting | Hurdle | Due |
---|---|---|---|
Online lecture interaction | 10% | No | 9am Thursdays from Week 2 |
Tutorial Exercises | 20% | No | 9am Thursdays from Week 2 |
Take home test | 40% | No | Week 12 Tuesday 7am |
Assignment | 30% | No | Week 14, Monday 7am |
Assessment Type 1: Participatory task
Indicative Time on Task 2: 5 hours
Due: 9am Thursdays from Week 2
Weighting: 10%
Online lecture videos will include embedded exercises that engage students in the material being taught and ensure that students grasp essential concepts.
Assessment Type 1: Problem set
Indicative Time on Task 2: 10 hours
Due: 9am Thursdays from Week 2
Weighting: 20%
A weekly assessment (from Week 2) that covers material from previous lectures, with an emphasis on the most recent work, and ensures acquisition of the concepts and skills necessary to understand and apply the unit material.
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 20 hours
Due: Week 12 Tuesday 7am
Weighting: 40%
A diagnostic test of technical skills and applied knowledge acquired in the unit up until the week of the test.
Assessment Type 1: Report
Indicative Time on Task 2: 15 hours
Due: Week 14, Monday 7am
Weighting: 30%
A written report comprising the application of technical skills and theoretical concepts acquired in the unit to a simple research question in economics.
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Classes
Note: the intended delivery mode may need to change after the start of the session due to the evolving covid situation and students need to ensure they keep up with iLearn Announcements made during the session accordingly.
Required and Recommended texts and/or materials
Additional useful textbooks and resources.
Gujarati, D.N., and Porter, D.C. (2010) Essentials of Econometrics (4th ed.) McGraw-Hill.
A list of prescribed reading will be developed on the website as the unit progresses.
The data sets used in the textbook and in lectures will be provided on the website.
Technology Used and Required
The main software package used is Gretl (http://gretl.sourceforge.net/). This software is available for use on AppStream and may be freely downloaded for use elsewhere. The Microsoft Windows version is available at http://gretl.sourceforge.net/win32/. A Mac version is available at http://gretl.sourceforge.net/osx.html. Linux users should check their repositories or download the rpm or source from http://gretl.sourceforge.net/.
The use of a spreadsheet will often be helpful for tasks in this unit. Microsoft Excel will be used during tutorials and is available for students to use off-campus at https://wiki.mq.edu.au/display/microsoftstu/About;jsessionid=E26834FF0E276C3384E93466EE687514. For students who don’t wish to use Microsoft Excel, free alternatives include OpenOffice (http://www.openoffice.org), LIbreOffice (https://www.libreoffice.org/) and Gnumeric (http://www.gnumeric.org/, https://portableapps.com/apps/office/gnumeric_portable).
Course material is available on the learning management system (iLearn).
Announcements will be made regularly on iLearn. Students should ensure that these announcements, and posts on the online discussion forum, are forwarded to their email account, which they should check regularly. Staff may also occasionally directly email students. Students must check their email daily.
Students will need access to an internet-connected computer capable of streaming video and participating in Zoom meetings.
Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.
The Library provides online and face to face support to help you find and use relevant information resources.
Macquarie University offers a range of Student Support Services including:
Got a question? Ask us via AskMQ, or contact Service Connect.
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Unit information based on version 2022.04 of the Handbook