ECOM30002 Econometrics 2
University of Melbourne · Level 3 · 12.5 points · Runs in 2026: Semester 1, Semester 2.
- Final exam 50%
Is ECOM30002 hard?
ECOM30002: Harder. Makes it harder: Reviewers say it’s hard (4 reviews).
What you learn
Next-step econometrics: finding causal effects, instrumental variables, panel data and time series.
After it you can
- Use instrumental variables to estimate causal effects
- Model panel and time series data
- Test an economic question with data you collect
What you need first
((ECON20001 or ECON20002 or FNCE10002 or FNCE20001) and (ECOM20001 or ECOM30001 or MAST20005)) or ((ECON20001 or ECON20002 or FNCE10002 or FNCE20001) and ECON20003)
- ECON20001 Intermediate Macroeconomics
- ECON20002 Intermediate Microeconomics
- FNCE10002 Principles of Finance
- ECOM20001 Econometrics 1
- ECOM30001 Basic Econometrics
- MAST20005 Statistics
- ECON20003 Quantitative Methods 2
What it leads to
Careers
Helps toward: Statistician, Actuary, Economist
How it’s assessed
Projects 40%, Tests 10%, Final exam 50%
Student reviews and ratings
Summarised from 4 students on StudentVIP (2016–2021)
- Newer reviews call it maths- and proof-heavy, a step up from the first econometrics subject; linear algebra or mathematical economics helps. An older review found it fairly easy.
- Assignments are done in R, so coding experience helps; without a coding or maths background they can be tough.
- The exam was seen as fair but very long. One reviewer complained of few practice exams and none with solutions.
- Reviewers agree it suits students who enjoy statistics or plan on honours or stats-heavy fields like finance; the semester 2 run got a poorer write-up.
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 ECOM30002
Quick answers
- When is ECOM30002 offered?
- Runs in 2026: Semester 1, Semester 2.
- What do I need before taking ECOM30002?
- Needs ((ECON20001 or ECON20002 or FNCE10002 or FNCE20001) and (ECOM20001 or ECOM30001 or MAST20005)) or ((ECON20001 or ECON20002 or FNCE10002 or FNCE20001) and ECON20003).
- Does ECOM30002 have a final exam?
- Yes, the final exam is 50% of the mark. Assessment: Projects 40%, Tests 10%, Final exam 50%.
- Is ECOM30002 hard?
- From 4 student reviews on StudentVIP: Newer reviews call it maths- and proof-heavy, a step up from the first econometrics subject; linear algebra or mathematical economics helps. An older review found it fairly easy.
- What do students say about ECOM30002?
- Newer reviews call it maths- and proof-heavy, a step up from the first econometrics subject; linear algebra or mathematical economics helps. An older review found it fairly easy. Assignments are done in R, so coding experience helps; without a coding or maths background they can be tough. The exam was seen as fair but very long. One reviewer complained of few practice exams and none with solutions.
- Can I take ECOM30002 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 ECOM30002?
- 2 subjects need it first, for example ECOM30003, ECOM30004.
- Can I rate ECOM30002?
- 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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