Economics and Statistical Analysis
PostgraduateTAS-BEA6032022
Course information for 2022 intake View information for 2025 course intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Economics and Statistical Analysis
About this subject
Upon completion of this subject, the student should be able to:
- Understand key statistical and economic concepts and their application in business environment
- Apply data analysis, basic statistical techniques and the economic way of thinking to explain simple economic events, decisions and actions
- Communicate statistical and economic analyses and provide relevant recommendations for business and/or government policy decision making
- 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
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.
- Online Quiz 1 (statistics) (12.5%)
- 24 Hours Take Home Exam (20%)
- Assignment (Group Report) (15%)
- Assignment (Individual Report) (15%)
- Online Quiz 2 (economics) (12.5%)
- Individual Essay (25%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-PFA-GCE-2022 - Graduate Certificate in Professional Accounting
- TAS-PFA-GDI-2022 - Graduate Diploma of Professional Accounting
- TAS-MPA-MAS-2022 - Master of Professional Accounting
Elective
- OUA-PSU-GCE-2022 - Postgraduate Single Subjects
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Graduate Certificate in Professional Accounting
PostgraduateTAS-PFA-GCE
Graduate Diploma of Professional Accounting
PostgraduateTAS-PFA-GDI
Master of Professional Accounting
PostgraduateTAS-MPA-MAS
PostgraduateOUA-PSU-GCE