MajorUndergraduate

ECNM-MAJ Econometrics

Faculty of Business and Economics

Econometrics (ECNM-MAJ) is a major worth 48 credit points, listing 15 units, taught at Clayton. It is offered in 1 course: Bachelor of Commerce.

Credit points
48
Units
15
Campus
Clayton
Offered in
1 course

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Requisite map

Overview

Econometrics combines economic theory with mathematical and statistical models using real-world data to evaluate corporate and government policies, and to forecast trends under uncertainty. Within this major, you will develop your capacity to undertake statistical inference, apply time-series and data analytic techniques using computational methods. You will cultivate advanced critical thinking, evidence-based reasoning, and technical communication skills together with the responsible use of digital econometric tools and programming software. This quantitative major prepares you to tackle complex industry challenges, leading data initiatives as econometricians, data analysts, risk modellers, and policy consultants across global sectors.

Availability
Econometrics is listed in B2001 Bachelor of Commerce at Clayton as a major and minor.

Structure

Rules
The major comprises 48 credit points, with no more than 12 credit points at unit Level 1 and at least 18 credit points at unit Level 3.

You must complete 48 credit points comprising:
- 36 credit points of core units; and
- 12 credit points of specified discipline units.
Core units36 credit points
You must complete 36 credit points comprising:
- ETC1000, ETC1010 and ETC2410 (18 credit points) and;
- At least three units (18 credit points) from the remaining units listed below.

Notes:

- You may choose to complete all units. If you choose this option, you will only need to complete one unit (6 credit points) from the Specified discipline units.

- If you are enrolled in the B2030 Bachelor of Commerce and Bachelor of Actuarial Science and are completing the Actuarial Studies specialisation, you cannot select ETC3460, as you will complete this unit as a part of the Actuarial Studies specialisation in Part C: Specialist Studies.

- Either ETC3400 or ETC3410 is recommended if you are planning to undertake Honours in Econometrics and Business Statistics.
Specified discipline units12 credit points
You must complete 12 credit points from the following units.

Notes:

- If you complete all units from the core unit requirements above, you only need to complete one unit (6 credit points) from the following units.

- You may complete either ECC2000 or ECC2010. Only one of these units can count towards the 12 credit points required.

- If you are enrolled in the B2030 Bachelor of Commerce and Bachelor of Actuarial Science and are completing the Actuarial Studies specialisation, you cannot select ETC2440, ETC2520 and ETC3550 as you will complete these units as a part of the Actuarial Studies specialisation in Part B: Discipline Studies.

- If you are enrolled in a degree in mathematics or engineering and wish to complete this major, you may replace ETC2440 with MTH1030 or ENG1005.

Courses that offer it

Notes

Please note that this Area of Study was previously coded as ECONOMTR05.

Common questions

Which courses offer Econometrics?

1 course in 2027: Bachelor of Commerce.

What units are in Econometrics?

It lists 15 units, including ECC2000, ECC2010, ETC1000, ETC1010, ETC2410, ETC2420, ETC2440 and ETC2520. The structure above shows which are required and which you choose.

Major details

Type
Major
Study level
Undergraduate
Credit points
48
Faculty
Faculty of Business and Economics
Handbook years
2027