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Econometrics

Study Econometrics at UNE

Contents

Introduction

Econometrics is concerned with the theory and application of statistical methodology in economics. UNE offers units in applied econometrics. If economics is to give advice to politicians and businessmen, it needs to use quantitative work to justify and support its arguments. Units in econometrics and quantitative methods provide the necessary base for such quantitative work. The first year units are business statistics units designed to provide a basic grounding in statistical inference, in the context of economic and business applications. Note: QM (Quantative Methods) units are offered by the Discipline of Econometrics.

Why Study Econometrics at UNE

Econometrics provides a set of analytical tools that are useful to business and commerce students as well as economics students. Econometrics is an important area of study because it strives to test economic theory by examining empirical evidence. Also, econometric methods are used to analyse practical business and planning problems, ranging from federal government taxation plans to small business sales campaigns. Studying econometrics fills a gap between being "a student" and being "a practitioner". Because quantitative analytical skills are highly valued in the workplace, inclusion of units in econometric or quantitative methods in a business, commerce or economics degree will improve a student’s job prospects.

Courses

Course Books and Degree Planners (including course regulations and majors)

 

Undergraduate
Bachelor of Agricultural and Resource Economics
Bachelor of Business
Bachelor of Business/Bachelor of Economics
Bachelor of Economics
Bachelor of Economics/Bachelor of Laws

Postgraduate Research

Master of Economics

Postgraduate

Graduate Diploma in Agricultural Economics
Graduate Diploma in Economics
Graduate Diploma in Econometrics
Master of Economics
Master of Economic Studies

Bachelor Honours

Bachelor of Agribusiness with Honours
Bachelor of Economics with Honours

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Course/Degree Coordinators

Bachelor of Agribusiness and
Bachelor of Agricultural and Resource Economics
            Associate Professor Oscar Cacho
            Phone: 02 6773 3215                     Email: ocacho@une.edu.au

Bachelor of Economics and Bachelor of Economics (Hons)
            Associate Professor Mahinda Siriwardana
            Phone: 02 6773 2501                       Email: asiriwar@une.edu.au

 Masters
            Assoc. Professor Jack Sinden
            Phone:  02 6673 2293                        Email: jsinden@une.edu.au

 PhD
            Assoc. Professor Phil Simmons
            Phone:  02 6773 2314                       Email. psimmons@une.edu.au

Units

UNE's Course and unit Catalogue (unit coordinator, residential school dates, semester offered, unit requirements)
Econ 271/371 Introductory Econometrics
Econ 374/474 Econometric Analysis of Financial Markets
Econ 375/475 Time-Series Econometrics
Econ 376/476 Applied Econometrics
Econ 377/477 Efficiency and Productivity Analysis
GSB 743 Quantitative Techniques for Management
QM 161 Business Statistics 1
QM 162/262 Business Statistics 2
QM 264/364 Introduction to Business Forecasting 
QM 267/367 Survey Methods for Business and Economics

Members who teach, research and publish in Econometrics are:

Dr George Battese (Honorary Fellow)
Pauline Fleming
Dr Albert Wijeweera (Honorary Fellow)
Dr Renato (Rene) Villano

Careers

Many graduates find careers in the:

  • Private sector 
  • Government
  • Non-government organisations
  • Research organisations

Career Opportunities in the Private Sector:

  • Banks and financial institutions/insurance companies
  • Wholesale/retail/export
  • Manufacturing and Infrastructure
  • Information technology

Career Opportunities in the Government Sector

  • Policy-making roles involving analysis and implementation of economic policy issues, such as Treasury, Planning Departments
  • Research and development in government bodies such as CSIRO, Australian Bureau of Agricultural and Resource Economics
  • Teaching: Secondary; University
  • International agency work, such as International Monetary Fund, World Bank, Food and Agriculture Organisation of the United Nations, Asian Development Bank 

Partnerships, Networks and Industry Links

Economics Society
http://www.une.edu.au/ues/

Agricultural Business Research Institute (ABRI)
http://abri.une.edu.au/

Institute for Rural Futures
http://www.ruralfutures.une.edu.au/

Department of Primary Industries
http://www.agric.nsw.gov.au/general/centres/armidale/

Meat & Livestock Australia
http://www.mla.com.au/default.htm

Sheep CRC
http://www.sheep.crc.org.au/

Carbon
http://www.une.edu.au/carbon/

NSW Agriculture
 http://www.dpi.nsw.gov.au/agriculture

Publications

Publicatons by members of this area can be found at the School's publication web page: http://www.une.edu.au/economics/publications/

Research

Research conducted by members in the Econometrica specialisation and successful grants can be found on the School's Research website :http://www.une.edu.au/economics/research.php

Contacts

Economics, including
Agricultural and Resource Economics, Econometrics and Economic History
Telephone: +(61 2) 6773 2432 or 3278 or 2781
Fax:              +(61 2) 6773 3596
E-mail: economics@une.edu.au

School Administration

You may contact the school administrative staff on:
02 6773 2432 or 3278 or 2781

Email: bepp@une.edu.au

Contact Information for UNE

Other UNE Contacts and Directorates

University switchboard:

 International    +61 2 6773 3333