MajorUndergraduate

MTFE-MAJ Mathematical foundations of econometrics

Faculty of Business and Economics

Mathematical foundations of econometrics (MTFE-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

Mathematical foundations of econometrics delivers deep theoretical and computational training to underpin high-level statistical modelling and economic forecasting. The major combines advanced econometrics with linear algebra, calculus, statistical inference theory together with applications using computational methods. You will develop superior critical thinking, evidence-based reasoning, and complex problem-solving skills, while developing strong ethical awareness of the risks associated with big data and AI systems. This major prepares you for a career as a quantitative analyst, econometrician, and doctoral-level economic researcher.

Availability
Mathematical foundations of econometrics is listed in B2001 Bachelor of Commerce at Clayton as a major.

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;

- 30 credit points of core units; and
- 18 credit points of specified discipline units.
Core units30 credit points
You must complete 30 credit points comprising:

- at least one of ETC3410 or ETC3450 (6 credit points); and
- the remaining units listed below (24 credit points).

Notes:

- You may complete both ETC3410 and ETC3450. If you choose to complete both units, you will only need to complete 12 credit points from the specified discipline units.

- If you are enrolled in the Bachelor of Commerce and Bachelor of Science double degree and are completing the Mathematical Statistics major, you do not need to complete ETC2520. You must select any Level 2 unit from the Department of Econometrics and Business Statistics or the School of Mathematical Sciences to meet the required credit points.

- If you are enrolled in the Bachelor of Commerce and Bachelor of Actuarial Science double degree, you do not need to complete ETC2440. You must complete both ETC3410 and ETC3450 listed in the core units.
Specified discipline units18 credit points
You must complete 18 credit points from the following:

- Units selected from the list below; and/or
- ETC3410 or ETC3450, whichever you have not already completed as part of the core unit requirements above.

Notes:

- If you complete both ETC3410 and ETC3450, you only need to complete 12 credit points from the specified discipline units.

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

- You may complete either ETC3430 or MTH3251. Only one these units can count towards the total credit points required.

Courses that offer it

Notes

Please note that this Area of Study was previously coded as MTHFNDEC01.

Common questions

Which courses offer Mathematical foundations of econometrics?

1 course in 2027: Bachelor of Commerce.

What units are in Mathematical foundations of econometrics?

It lists 15 units, including ECC2000, ECC2010, ECC2551, ETC1010, ETC2410, ETC2440, ETC2520 and ETC3400. 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