On this page:
- Overview
- Undergraduate Options
- Postgraduate Options
- How To Find Out More
- Related Subjects and Careers
- List of Courses
This subject is taught by the School of Economics and Finance.
Overview
If economics is to be useful for policy purposes or for making forecasts, it needs to use quantitative work to justify and support its arguments. Econometrics provides the necessary base for such quantitative work - it is all about using powerful techniques to test economic ideas. Econometrics is concerned with the theory and application of statistical methodology in economics. It strives to test economic theory by examining empirical evidence. Studying econometrics bridges the gap between being 'a student and being a practitioner' because quantitative analytical skills are highly valued in the workplace. Inclusion of units in econometrics in a business, commerce or economics degree will significantly improve a student's job prospects.
At Victoria from 2009, there is not dedicated Econometrics major, although you can add Econometrics courses to your Bachelor of Commerce and Administration (BCA) degree or Bachelor of Arts (BA) degree study.
Undergraduate Options
Econometrics study begins in your first year, covering statistical techniques used in research and business, and mathematics in the courses QUAN 102 and QUAN 111. Second year courses cover regression models, business and economic forecasting and quantitative methods in QUAN 201, QUAN 202 and QUAN 203. Third year courses are labelled as ECON 301, ECON 303 and FINA 306.
Transitional Arrangements For Enrolled Students Prior To 2009
Students who started a BCA study prior to 2009 are able to complete a BCA degree with a major in Econometrics in accordance to the 2008 degree statute as long as they do so by the end of 2011. There are several transitional arrangements in place for students affected by both the change in majoring requirements and also the Faculty of Commerce and Administration overall change to 15 point course credits across 100 to 300-level courses. For more information please see Transitional Arrangements for BCA students enrolled prior to 2009.
The requirements for the Econometrics major, under the 2009 BCA statute, were:
- ECON 140, QUAN 102 (or STAT 131 or 193) and QUAN 111 (or MATH 113 and 114)
- ECON 201 or 202, QUAN 201, QUAN 203 (or SAT 231)
- QUAN 301, QUAN 303 or 304
Note: In 2010, students wanting to study STAT 231 can replace this courses with STAT 232 towards majoring requirements.
Postgraduate Options
Postgraduate Qualifications in Econometrics
While there is not dedicated Econometrics Honours programme, it is possible to add Econometrics courses to a BCA(Hons) or BA(Hons) programme.
How To Find Out More
You can order more information on this subject using our Request for Study Material form.
Victoria's Student Recruitment and Course Advice Office offers advice on courses and help with planning your degree.
Contact the Commerce and Administration Faculty Student Administration Office for information on Admission, qualifications and courses, course advice and selection criteria, exemptions and prerequisites and your Application to Study.
Econometrics courses are taught within the School of Economics and Finance, Rutherford House, e-mail sef@vuw.ac.nz.
Related Subjects and Careers
| Related Subjects | Careers |
|---|---|
|
Banking |
List of Courses
Please note: the list below shows undergraduate-level courses only. For a complete course listing, see the list of all Econometrics courses.
| 100 Level Econometrics Courses |
|---|
QUAN 102 – Statistics for Business |
QUAN 103 – Introductory Maths for Business |
QUAN 111 – Mathematics for Economics and Finance |
| 200 Level Econometrics Courses |
|---|
QUAN 201 – Introduction to Econometrics |
QUAN 202 – Business and Economic Forecasting |
| 300 Level Econometrics Courses |
|---|
QUAN 301 – Econometrics |
QUAN 303 – Applied Econometrics |
QUAN 304 – Financial Econometrics |
QUAN 371 – Financial Mathematics |