Business and Economic Statistics - ECON1203
Faculty: Australian School of Business
School: School of Economics
Course Outline: ECON1203 Course Outline
Campus: Sydney
Career: Undergraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 3
Enrolment Requirements:
Excluded: MATH2841, MATH2801, MATH2901, MATH2099 & ACTL2002
Equivalent: ECON2292
Excluded: MATH1041
CSS Contribution Charge: 2 (more info)
Tuition Fee: See Tuition Fee Schedule
Further Information: See Class Timetable
View course information for previous years.
Description
This course introduces students to basic statistical concepts and methods that are widely used in economics, finance, accountancy, marketing and, more generally, business. Emphasis is placed on applying statistical methods to draw inferences from sample data as an aid to informed decision-making. Course topics include: descriptive statistics, probability distributions, point and interval estimation of parameters, hypothesis testing, and regression models. Students will learn to solve statistical problems in an EXCEL spreadsheet environment. This course provides the basis for further study of statistical and econometric methods.