This course will examine modern applied research on macroeconomic and financial issues. The main objective is to allow students to understand and critically appraise applied work on macroeconomic and financial topics.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Select a model and combine from a model space comprising univariate or multivariate
- Apply and explain the principles of parsimony and fit;
- Explain the methodology of Dynamic Stochastic General Equilibrium modelling;
- Reconcile theory and evidence; and,
- Conduct hypothesis and diagnostic testing.
Indicative Assessment
- Assessment may consist of a Final Exam, mid-semester exam(s), quizzes, assignment(s) or some combination thereof. See the Class Summary for details. (100) [LO 1,2,3,4,5]
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Workload
Four contact hours per week, plus 6 hours personal study per week.
Requisite and Incompatibility
Prescribed Texts
Primarily, the reading material will comprise the journal research papers listed on the reading list. Although pitched at a slightly higher level than EMET3008 and EMET8010, the following text is helpful to dip into:
Canova, F. (2007) Methods for Applied Macroeconomic Research, Princeton.
Other helpful background books include:
Enders, W. Applied Econometric Time Series,Wiley, 1995,
Hamilton, J. D., Time Series Analysis, Princeton, 1994,
Verbeek, M., A Guide to Modern Econometrics, Wiley, 2008.
Majors
Fees
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- 34
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
Second Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 8163 | 27 Jul 2026 | 03 Aug 2026 | 31 Aug 2026 | 30 Oct 2026 | In Person | N/A |