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Empirical Methods for Business (ECON90076)
Graduate courseworkPoints: 12.5Online
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Overview
Availability | Term 1 - Online Term 3 - Online |
---|---|
Fees | Look up fees |
The subject introduces students without a strong mathematical background to some of the methods used to collect, present and analyse data and to provide illustrative applications to decision problems faced by business managers. Topics will be chosen from: sources of data; sampling and collection of primary data; presentation and summary measures of data; random variation of data and some implications for hypothesis testing and forecasting; an introduction to decision models with uncertainty; the use and interpretation of estimated regression equations; some forecasting methods used by business.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Explain how statistical theory applies to decision-making;
- Explain how data is sampled, collected and presented using a range of summary measures;
- Construct and analyse relevant measures of the random variation of data;
- Construct and explain the implications of hypothesis tests and estimates of regression equations;
- Explain some forecasting methods;
- Evaluate evidence to inform decision making.
Generic skills
- Evaluation of ideas, views and evidence
- Synthesis of ideas, views and evidence
- Strategic thinking
- Critical thinking
- Application of theory to economic policy and business decision making
- Accessing economic and other information
- Summary and interpretation of information
- Application of Windows software
- Problem solving skills
- Negotiation and bargaining
- Written communication
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECOM90009 | Quantitative Methods for Business |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Description | Timing | Percentage |
---|---|---|
Weekly end-of-module quizzes
| Throughout the semester | 15% |
Weekly Workbook questions. (Approximately 3 pages in length)
| Throughout the semester | 10% |
Individual assignment
| Week 4 | 10% |
Group assignment
| Week 8 | 15% |
Final Exam
| End of term | 50% |
Last updated: 3 November 2022
Dates & times
- Term 1 - Online
Coordinator Jonathan Thong Mode of delivery Online Contact hours Pre teaching start date 29 January 2018 Pre teaching requirements Orientation activities Teaching period 5 February 2018 to 1 April 2018 Last self-enrol date 30 January 2018 Census date 23 February 2018 Last date to withdraw without fail 16 March 2018 Assessment period ends 8 April 2018 - Term 3 - Online
Coordinator Jonathan Thong Mode of delivery Online Contact hours Pre teaching start date 16 July 2018 Pre teaching requirements Orientation activities Teaching period 23 July 2018 to 16 September 2018 Last self-enrol date 17 July 2018 Census date 10 August 2018 Last date to withdraw without fail 31 August 2018 Assessment period ends 23 September 2018
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Graduate Certificate in Business
Last updated: 3 November 2022