Econometrics
There is a two-year sequence of subjects from the Department of
Econometrics and Business Statistics available to arts students on the Clayton
campus. The subjects offered are set out below. There is no honours level work
in econometrics in the Faculty of Arts. Students wishing to undertake honours
work in this and related fields of economics will do their studies in the
Faculty of Business and Economics.
All students enrolling in subjects taught by the Department of Econometrics and
Business Statistics must have their enrolment approved by an adviser in the
office of the Faculty of Business and Economics. A quota is imposed on ETC1020
and ETC1031 (Business and economic statistics), and students will not normally
be permitted to enrol unless they obtain a VCE score at least equivalent to
that required for admission to the Bachelor of Economics/Bachelor of Commerce
course and satisfy the necessary mathematics prerequisite, or have other
qualifications which would normally meet the admission requirements.
Restrictions on enrolments and prerequisites are:
- ETC1020
- One of ETC1031 (prerequisite or corequisite ETC1020) or
ETC1032 (prerequisite or corequisite ETC1020)
- ETC2400 Econometrics (prerequisite ETC1031) or ETC2410 Practical
econometrics (prerequisite ETC1031 or credit in ETC1032)
- ETC2430 Actuarial statistics (prerequisite ETC1031).
- ETC2450 Applied forecasting for business and economics (prerequisite
ETC1031 or a credit in ETC1032)
- ETC2480 Decision models for managers (prerequisite ETC1031 or ETC1032)
- ETC2490 Business simulation (prerequisite ETC1031 or a credit in ETC1032)
- ETC2500 Marketing research analysis (prerequisite ETC1031 or a credit in
ETC1032; prohibitions ETC2420 and MKF2121)
For details of course content
and reference books for these subjects, students should consult the entry for
the Department of Econometrics and Business Statistics in the handbook for the
Faculty of Business and Economics. First-year level ETC subjects have a
weighting of six points and each second-year level subject has a weighting of
eight points towards the BA degree.
- ETC1020 Business and economic statistics
- ETC1031 Business and economic statistics, sequence 1
- ETC1032 Business and economic statistics, sequence 2
- ETC2400 Econometrics
- ETC2410 Practical econometrics
- ETC2430 Actuarial statistics
- ETC2450 Applied forecasting for business and economics
- ETC2480 Decision models for managers
- ETC2490 Business simulation
- ETC2500 Marketing research analysis