wwwdev@monash.edu.au
Wed Dec 2 13:01:52 EST 1998
Auth: C Whip, University Webmaster's Office
Copyright © Monash University 1998 - All Rights Reserved - Caution
On completion of a major in econometrics or business statistics, students should have developed a quantitative and statistical way of thinking about business and economics problems. Over a three year sequence students should have progressed from a general understanding to a thorough understanding of one or more of econometric theory, applied econometrics, forecasting, business statistics and business modelling. They should have acquired a detailed knowledge of the theoretical foundations of their chosen areas, the current methods of application, and a working knowledge of supporting computer software packages. Students should have developed critical and analytical abilities to successfully apply quantitative techniques as well as logical problem solving skills. They should have acquired skills in extracting, analysing, interpreting and reporting quantitative information to aid decision making. Potential honours students will have been provided with the background required to proceed with studies at fourth year level.
The Department of Econometrics and Business Statistics offers two first-year subjects, ETC1020 and ETC1031 both of which are compulsory for undergraduate students enrolled in the Bachelor of Accounting, Bachelor of Commerce or Bachelor of Economics, seven second-year subjects, eight third-year subjects and a fourth-year honours program.
There is a quota on these subjects for students enrolled for degrees in other faculties.
The subject ETC2400 provides
the foundation for third-year subjects in econometrics, and students who plan
to take a major in econometrics are strongly advised to take it. In addition,
such students would find passes in first-year mathematics helpful. Students
should refer to the details of the third-year subjects to ascertain the
specific prerequisites. Other students who wish to proceed to work in economic
statistics at the third-year level should take ETC2410. ETC2400 and ETC2410
cover the same material but from different perspectives. ETC2400 places more
emphasis on the statistical theory which underlies econometrics while ETC2410
takes a much more applied approach.
All the subjects listed above have as a prerequisite a pass in ETC1031. Further
prerequisites and restrictions are prescribed in the outline of individual
subjects.
Students may select one or more of the third-year subjects taught by the Department of Econometrics and Business Statistics other than ETC3470 for a pass degree.
wwwdev@monash.edu.au
Wed Dec 2 13:01:52 EST 1998