Area of studyUndergraduate

ECONOMTR02 Econometrics

Faculty of Business and Economics

Econometrics (ECONOMTR02) is an area of study worth 24 credit points, listing 14 units, taught at Clayton.

Credit points
24
Units
14
Campus
Clayton

This is the 2022 handbook entry. See the 2026 entry.

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Requisite map

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 B2001 Bachelor of Commerce at Clayton as a major and minor.

Structure

Common questions

What units are in Econometrics?

It lists 14 units, including ETC1000, ETC1010, ETC2410, ETC2420, ETC2440, ETC2520, ETC3250 and ETC3400. The structure above shows which are required and which you choose.

Area of study details

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