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ECMT1020 - Business and Economic Statistics B
Faculty of Arts and Social Sciences - 6 credit points
HECS Band five
Domestic Fee: $3,480
International Fee: $4,080
EFTSL: 0.125000000
Help? - Unit of Study Costs
Department: Economics
Offered session(s): 1, 2
Prerequisites: ECMT1010 or ECOF1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015
Prohibitions: ECMT1021, ECMT1022, ECMT1023
Classes: 2x1-hr lectures/week, 1x2-hr workshop/week

Assessment: 3x quizzes (25%), workshop questions/homework (10%), assignment (15%) and 1x2hr final exam (50%)

This unit broadens the knowledge gained in the unit ECMT1010 Business and Economic Statistics A by introducing further tools (and their applications) for use in economics, finance, marketing and accounting. This unit features practical applications. Possible topics include: further aspects of hypothesis testing including goodness-of-fit models; regression analysis including a brief introduction to logit models, time series and its applications to economics and finance; input-output analysis; index numbers and mathematics of finance. The material is further complemented by mathematical topics including matrices and partial differentiation. In addition, students are expected to use data resources on the World Wide Web, retrieve data and analyse this data using Excel.Other than in exceptional circumstances, it is strongly recommended that students do not undertake Business and Economic Statistics B before attempting Business and Economic Statistics A.
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