ECMT1020 - Business and Economic Statistics B
Faculty of Arts and Social Sciences - 6 credit points
HECS Band five
Domestic Fee: $3,662
International Fee: $4,287
Help? - Unit of Study Costs
1, 2, 43
ECMT1010 or ECOF1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015
ECMT1001, ECMT1002, ECMT1003, ECMT1021, ECMT1022, ECMT1023
2x1-hr lectures/week, 1x2-hr workshop/week
3x quizzes (25%), workshop questions/homework (10%), assignment (15%) and 1x2hr final exam (50%)
This focus of this unit is to develop a student's understanding of regression analysis. The unit covers how linear regression models can be used to estimate relationships, to forecast, and to test hypotheses that arise in economics and business. Guidelines for using econometric techniques effectively are discussed and students are introduced to the process of model building. To develop a student's understanding of regression, economic applications are emphasised. This unit also makes extensive use of econometric software.
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.