ECOM20001 Econometrics 1
University of Melbourne · Level 2 · 12.5 points · Runs in 2026: Semester 1, Semester 2.
- Final exam 70%: exam-heavy
Is ECOM20001 hard?
ECOM20001: About average. Makes it harder: Final exam 70%, You must pass the exam on its own. No student reviews yet — based on the Handbook only.
What you learn
Regression and other data methods to estimate economic relationships, test theory and forecast.
After it you can
- Apply least squares to linear regression
- Estimate models and test hypotheses in software
- Diagnose problems like heteroskedasticity
What you need first
ECON10005 or MAST10010 or MAST10011 or MAST20004 or MAST20006
- ECON10005 Quantitative Methods 1
- MAST10010 Data Analysis
- MAST20004 Probability
- MAST20006 Probability for Statistics
What it leads to
- ECOM30002 Econometrics 2
- ECOM30003 Applied Microeconometric Modelling
- ECOM30004 Time Series Analysis and Forecasting
- ECON30002 Economic Development
- ECON30006 Labour Economics
- ECON30023 Health Economics
- ECON30024 Economics of Financial Markets
- ECON30025 Computational Economics and Business
- ECON30030 Topics in Asian Economic History
- FNCE30001 Investments
- FNCE30003 International Finance
- FNCE30006 Entrepreneurial Finance
- FNCE30007 Derivative Securities
- FNCE30010 Algorithmic Trading
- FNCE30011 Essentials of Corporate Valuation
- FNCE30014 Machine Learning in Finance
- MGMT30020 Analytics for Supply Chain & Operations
- MKTG30014 Data Driven Marketing
Can’t be taken together with
How it’s assessed
Assignments 15%, Quizzes 10%, Participation 5%, Final exam 70%
Student reviews and ratings
Summarised from 9 students on StudentVIP (2014–2021)
- A practical econometrics subject using R (older offerings used EViews) that builds quantitative skills useful at work.
- Most enjoy the content and coordination; only basic R is needed, though assignments can be tedious.
- Some found delivery and tutorials dry, and the final exam once leaned more on theory than past papers.
A summary of public reviews, not scored here.
Taken this subject? Rate it anonymously (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Rate ECOM20001
Quick answers
- When is ECOM20001 offered?
- Runs in 2026: Semester 1, Semester 2.
- What do I need before taking ECOM20001?
- Needs ECON10005 or MAST10010 or MAST10011 or MAST20004 or MAST20006.
- Does ECOM20001 have a final exam?
- Yes, the final exam is 70% of the mark. You must pass the exam on its own. Assessment: Assignments 15%, Quizzes 10%, Participation 5%, Final exam 70%.
- Is ECOM20001 hard?
- From 9 student reviews on StudentVIP: A practical econometrics subject using R (older offerings used EViews) that builds quantitative skills useful at work.
- What do students say about ECOM20001?
- A practical econometrics subject using R (older offerings used EViews) that builds quantitative skills useful at work. Most enjoy the content and coordination; only basic R is needed, though assignments can be tedious. Some found delivery and tutorials dry, and the final exam once leaned more on theory than past papers.
- Can I take ECOM20001 as breadth?
- Yes, for: Bachelor of Arts, Bachelor of Biomedicine, Bachelor of Design, Bachelor of Fine Arts (Acting), Bachelor of Fine Arts (Animation), Bachelor of Fine Arts (Dance), Bachelor of Fine Arts (Film and Television), Bachelor of Fine Arts (Music Theatre), Bachelor of Fine Arts (Production), Bachelor of Fine Arts (Screenwriting), Bachelor of Fine Arts (Theatre), Bachelor of Fine Arts (Visual Art), Bachelor of Music, Bachelor of Science.
- What can I take after ECOM20001?
- 18 subjects need it first, for example ECOM30002, ECOM30003, ECOM30004, ECON30002.
- Can I rate ECOM20001?
- Yes. If you've taken it, rate it anonymously on this page (difficulty, workload, marking, would you recommend it) and leave a tip for next year's students. Averages show once 3 students have rated it; tips are checked before they appear.
Source: University of Melbourne Handbook 2026
Always confirm in the official Handbook.
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