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Empirical Methods for Business (ECON90076)
Graduate courseworkPoints: 12.5Online
To learn more, visit 2023 Course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Term 1
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Contact hours: https://unimelb.edu.au/professional-development/contact-us
Term 3
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Contact hours: https://unimelb.edu.au/professional-development/contact-us
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: 31 January 2024
Eligibility and requirements
Prerequisites
None
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECOM90009 | Quantitative Methods for Business |
Semester 2 (Dual-Delivery - Parkville)
Semester 1 (Dual-Delivery - 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: 31 January 2024
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: 31 January 2024
Dates & times
- Term 1 - Online
Coordinator Jonathan Thong Mode of delivery Online Contact hours Total time commitment 170 hours Pre teaching start date 23 January 2023 Pre teaching requirements Orientation activities Teaching period 30 January 2023 to 26 March 2023 Last self-enrol date 24 January 2023 Census date 17 February 2023 Last date to withdraw without fail 10 March 2023 Assessment period ends 2 April 2023 Term 1 contact information
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Contact hours: https://unimelb.edu.au/professional-development/contact-us
- Term 3 - Online
Coordinator Jonathan Thong Mode of delivery Online Contact hours Total time commitment 170 hours Pre teaching start date 17 July 2023 Pre teaching requirements Orientation activities Teaching period 24 July 2023 to 17 September 2023 Last self-enrol date 18 July 2023 Census date 11 August 2023 Last date to withdraw without fail 1 September 2023 Assessment period ends 24 September 2023 Term 3 contact information
Email: continuing-education@unimelb.edu.au
Phone: + 61 3 8344 0149
Contact hours: https://unimelb.edu.au/professional-development/contact-us
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 31 January 2024
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 - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 31 January 2024