Undergraduate - Area of study Econometrics and business statistics

Students who commenced study in 2015 should refer to this area of study entry for direction on the requirements; to check which units are currently available for enrolment, refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your area of study.

print version

This area of study entry applies to students commencing this course in 2015 and should be read in conjunction with the relevant course entry in the Handbook. Any units listed for this area of study relate only to the 'Requirements' outlined in the Faculty of Business and Economics component of any bachelors double degrees.

Managing faculty	Faculty of Business and Economics
Campus(es)	Clayton, Malaysia

Notes

Unit codes that are not linked to their entry in the Handbook are not available for study in the current year.

Description

Careers in the business world that use quantitative skills include the financial sector (stockbrokers, the insurance industry, finance companies, banks - e.g. developing models for investment opportunities), the manufacturing sector (e.g. providing quality control), and market research. Opportunities in the public sector include economic modelling, policy evaluation, and research into industry development.

Units

All students complete the requirements as outlined below for the degree in which they are enrolled.

Bachelor of Commerce

Bachelor of Commerce Scholars Program

Bachelor of Economics

Bachelor of Economics Advanced with Honours

To complete the econometrics and business statistics major in the Bachelor of Commerce. Bachelor of Commerce Scholars Program, Bachelor of Economics or Bachelor of Economics Advanced with Honours or related double degrees, students must complete:

(a.) The following two units (12 points):

ETC1000 Business and economic statistics
ETC2410 Introductory econometrics

(b.) Two units (12 points) from the following list:

ETC3400 Principles of econometrics
ETC3410 Applied econometrics
ETC3450 Time series analysis for business and economics
ETC3460 Financial econometrics

(c.) Four units (24 points) from the following list and from (b.) not previously completed:

ECC2000 Intermediate microeconomics
ECC2010 Intermediate macroeconomics
ECC3840 Mathematical economics
ETC1010 Data modelling and computing
ETC2430 Actuarial statistics
ETC2440 Mathematics for economics and business
ETC2450 Applied forecasting for business and economics
ETC2470 Applied business modelling
ETC2480 Business modelling methods
ETC2500 Marketing research analysis
ETC2520 Probability and statistical inference for economics and business
ETX2250 Data visualisation and analytics
ETC3250 Business analytics
ETC3420 Bayesian modelling and risk analysis
ETC3490 Risk and business modelling
ETC3500 Survey data analysis
ETC3510 Modelling in finance and insurance
ETC3530 Contingencies in insurance and pensions
ETC3860 Integrated economic modelling

Note: The major requires completion of at least two units (12 points) at each of second and third-year levels.

Bachelor of Business and Commerce

To complete the econometrics and business statistics major in the Bachelor of Business and Commerce or related double degrees, students must complete:

The following eight units (48 points):

ETW1000 Business and economics statistics and ETW1010 Data modelling and computing, or ETW1102 Business statistics and ETW2111 Business data modelling
ETW2410 Introductory econometrics
ETW2420 Survey methods and managerial statistics
ETW2480 Business modelling methods
ETW3410 Applied econometrics
ETW3420 Principles of forecasting and applications
ETW3480 Decision analysis for managers

Related areas of study

The faculty also offers related majors in the areas of:

Contact details

Visit http://www.buseco.monash.edu.au/student/contact/index.html

Relevant courses

Single degrees

2224 Bachelor of Business and Commerce
0179 Bachelor of Commerce
4419 Bachelor of Commerce Scholars Program
0023 Bachelor of Economics
4430 Bachelor of Economics Advanced with Honours

Double degrees

B2006 Bachelor of Commerce and Bachelor of Global Studies
L3005 Bachelor of Laws (Honours) and Bachelor of Commerce
0542 Bachelor of Arts and Bachelor of Commerce
0170 Bachelor of Arts and Bachelor of Economics
4097 Bachelor of Arts Scholars Program and Bachelor of Commerce Scholars Program
4417 Bachelor of Biomedical Science and Bachelor of Commerce
1941 Bachelor of Business and Commerce and Bachelor of Communication
4641 Bachelor of Commerce and Bachelor of Aerospace Engineering (Honours)
3830 Bachelor of Commerce and Bachelor of Business Information Systems
1319 Bachelor of Commerce and Bachelor of Economics
4635 Bachelor of Commerce and Bachelor of Engineering (Honours)
1469 Bachelor of Commerce and Bachelor of Science
4428 Bachelor of Commerce Scholars Program and Bachelor of Economics
4645 Bachelor of Environmental Engineering (Honours) and Bachelor of Commerce
1185 Bachelor of Music and Bachelor of Commerce