Area of studyUndergraduate

ECONOMTR02 Econometrics

Faculty of Business and Economics

Econometrics (ECONOMTR02) is an area of study worth 24 credit points, taught at Clayton.

Credit points
24
Units
0
Campus
Clayton

This is the 2020 handbook entry. See the 2026 entry.

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Requisite map

None of the units in Econometrics have prerequisites in the 2020 handbook.

Overview

In order to make the best possible decisions under uncertain conditions, business and government policy makers need to quantify the consequences of all possible options available to them. Econometricians use empirical evidence to predict the set of possible outcomes and determine the risks involved in each possible course of action, to help policy makers in this decision making process. They also use data to evaluate the effectiveness of existing social and economic policies.

Availability

Econometrics is listed in the Bachelor of Commerce at Clayton as a major or minor.

Structure

Minor requirements24 credit points
You must complete any four units (24 credit points) from the major with the prefix ETC or ETX offered at the Clayton campus, with at least two units (12 credit points) at level 2 or 3.

Area of study details

Type
Area of study
Study level
Undergraduate
Credit points
24
Faculty
Faculty of Business and Economics
Handbook years
2020202120222023202420252026