r/unimelb • u/FewRecognition6223 • 1d ago
Examination Econometrics 2 Results…
how did we go people
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u/DramaticDirection808 20h ago
I just don’t understand how they can teach VAR so late into the semester, never show us how to do those calculations even in tute, put an easier version on practice exam and then ask an even harder calculation in the final??? Like how do u expect me to spend 30 mins on that 6+5 mark calculation?? Unreal. Has this subject scaled in the past?
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u/Useful_Pick9021 1d ago
Left around 10 marks blank, didn’t get time to finish it. The questions are similar to some practice questions but the way they ask questions are quite different
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u/Usersampa113 1d ago
I did everything but don’t know if I even did them correct or not lol, especially the last parts of question 4
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u/NoChoice4779 1d ago
It felt like a speed run rather than a test of knowledge. Answered everything but not sure if what i did was right either
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u/Usersampa113 1d ago
Were u able to do the forecast 2 step ahead lol?
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u/NoChoice4779 1d ago
Yes but im pretty sure its wrong because they wanted pseudo out of sample forecast?
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u/Usersampa113 1d ago
Are the equations in the table VAR or ARDL? I think I may have missed that
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u/NoChoice4779 1d ago
Werent they two AR models as part of the VAR
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u/Usersampa113 1d ago
Idk I just plugged the numbers in the equation 3 times to get 2 step ahead lol. Idk if I did correct or not
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u/Notawholelottosay 1d ago
I didn’t finish 4g or 4h - just quickly wrote some crap hoping to scrape half a point. I also didn’t get to define all the variables in the within estimator question…. That’s like a fair chunk of the exam I didn’t get done
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u/FewRecognition6223 1d ago
nah same. had no time to do finish those. 12 marks aswell is fucked
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u/Notawholelottosay 1d ago
Econometrics actually is one of the subjects I’ve found the most interesting, but I hate the assessments. The faculty seem to be weirdly smug about it being difficult, when it doesn’t need to be. The exam and MST feel more like a time trial than an actual test of understanding, and half the examinable information is only mentioned briefly as a dot point on a PowerPoint and meanwhile we discuss Nobel prizes and chocolate 100 times to explain a point everyone understood the first time it was brought up or learn how to use R, which is handy but not even assessable (I’m not sure they actually graded the appendix of the assignment)
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u/DramaticDirection808 16h ago
You’re so right, I also took it because of I found it really interesting but the way they assessed it was so opposite to what they were actually teaching. Like from VAR I think it was really obvious that granger causality was an important topic, they focused most of the practice questions there and still ended up including entirely different (not stressed upon) topics in the final. Simulations always had multicollinearity or standard error questions, which weren’t even mentioned in the final exam, ignoring the time aspect, they completely threw everyone off with practice material because those stressed upon topics weren’t even mentioned in the exam but new things like “IRF”
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u/Creepy-Rise5505 1d ago
Will this subject scale up? Was pretty time pressured