Open Universities Australia 13 6736 Favourites
Open Universities Australia
  • Study online
    • Explore study online
    • Architecture & construction
    • Art & creative design
    • Business & management
    • Community services & care
    • Education & teaching
    • Engineering
    • Health & medical science
    • Humanities & social science
    • IT & computer science
    • Law & justice
    • Media & communication
    • Psychology & mental health
    • Science
    • Search all courses
    • Study types
    • Undergraduate degrees
    • Postgraduate courses
    • Pathways and pre-university
    • Single subjects
    • Short courses
    • Choosing a course
    • Help me choose a course
    • Chat with a student advisor
    • Compare courses
    • Degrees vs single subjects
  • How OUA works
  • Your studies
    • Getting started
    • Key dates
    • Minimum age requirements
    • How to enrol
    • Applying for credit
    • Study planning
    • Textbooks & study materials
    • Computer requirements
    • Exams
    • International students
    • Financial options
    • Student loans
    • Study allowances
    • Fees
    • Support
    • Getting advice
    • Study preparation
    • Disability support
    • Smarthinking
    • Special Circumstances
    • COVID-19 & Study
  • Advice
13 6736
Favourites
Sign in
  • OUA
  • Subjects

Postgraduate TAS-BEA603-2021

Economics and Statistical Analysis

From

$2,702 $0

Your upfront cost: $0

International student?

Duration

12 weeks

Study method

100% online

Available loans

  • HECS-HELP
  • FEE-HELP

Assessments

Subjects may require attendance

Prior study

Not required

Study terms

  • 22 Feb 2021
UTAS
Australia’s fourth oldest university, the University of Tasmania, is highly regarded internationally for teaching and academic excellence. The university offers more than 100 undergraduate degrees and more than 50 postgraduate programs across a range of disciplines. The university offers students a diverse range of opportunities, the chance to learn from leading experts, and excellent preparation for their future careers.

QS RANKING 2021

19

Times Higher Education Ranking 2021

25

  • 2021

Subject details

What you'll learn

Upon completion of this subject, the student should be able to:

  1. Understand key statistical and economic concepts and their application in business environment.  
  2. Apply data analysis, basic statistical techniques and the economic way of thinking to explain simple economic events, decisions and actions.  
  3. Communicate statistical and economic analyses and provide relevant recommendations for business and/or government policy decision making.
Topics covered
    • Defining and Collecting Data
    • Organising and Visualising Variables
    • Numerical Descriptive Measures
    • Basic Probability
    • Discrete Probability Distributions
    • Confidence Interval Estimation
    • Fundamentals of Hypothesis Testing
    • Managers and Economics
    • Demand, Supply and Equilibrium Prices
    • Demand Elasticities
    • Measuring Macroeconomic Activity
    • Open Economy and International Trade
    • Exchange Rate and the Open Economy
Entry requirements

In order to enrol in this subject, you must be accepted into one of the following degrees:

Core
  • TAS-PAS-MAS-2021
  • TAS-MPA-MAS-2021

Special requirements

No special requirements

Description

This subject provides managers with an introduction to a comprehensive range of key data analysis, statistics, microeconomic and macroeconomic topics. The emphasis is on the practical application of basic statistical techniques, economic concepts and models to real world business-oriented problems and on developing students’ ability to apply the economic way of thinking to solving problems within a firm and understanding the economic environment in which they operate. The use of mathematics and arithmetical calculations are kept to a minimum for selected topics in statistics by using the Microsoft Excel spreadsheet package.

Assessments

  • Online Semester Test (20%%)
  • Invigilated Examination (60%)
  • Group Analysis (20%)
Textbooks

Check the learning management system (LMS) of your university for textbook details.

Related degrees

Postgraduate TAS-PAS-MAS-2021

Master of Professional Accounting Specialisation

Postgraduate TAS-MPA-MAS-2021

Master of Professional Accounting

Tell us a little about yourself

Open Universities Australia
Facebook Twitter Instagram LinkedIn YouTube
  • Contact us
  • About us
  • OUA Blog
  • Media centre
  • Partnerships
  • Universities
  • Your career
  • FAQ and glossary
  • Work with us
  • Courses
  • MBA online
  • COVID-19 and study
  • Partner Hub
  • Open2Study

Open Universities Australia is a not-for-profit organisation.
© Open Universities Australia 2021. All rights reserved.

  • Cookies
  • Copyright
  • Disclaimer
  • Privacy
  • Terms of use
  • Site map