MonMap
A course mapper by Monash Association of Coding (MAC)
Business and economic statistics
ETC1000
Synopsis
In this unit, you will learn how to analyse and interpret data to support evidence-based decision-making in business and economics. You will explore methods for summarising data, including tables, charts, and measures of central tendency and dispersion. Key topics include standardisation techniques, regression analysis, and the use of probability and sampling to understand uncertainty. The unit also covers statistical inference, including confidence intervals and hypothesis testing. Throughout, you’ll apply these concepts to real-world scenarios, developing practical skills in data analysis.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 1
- Audience
- Undergraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Econometrics and Business Statistics
- Handbook year
- 2026
Prerequisites
No prereqs in the handbook graph.
What it unlocks (28)
- Predictive analytics in accountingACX3300
- Equity marketsBFF2701
- Data and evidence in economicsECC3479
- The wealth and poverty of nationsECF3800
- Introduction to data analysisETC1010
- Introductory econometricsETC2410
- Statistical thinkingETC2420
- Actuarial cash flow modellingETC2430
- Mathematics for economics and businessETC2440
- Probability and statistical inference for economics and businessETC2520
- Statistical modelling for actuarial studiesETC2560
- Probability and statistical inference for economics and businessETC5252
- Statistical modelling for actuarial studiesETC5256
- Statistical foundations of business analyticsETF2020
- Introductory econometricsETF2100
- Data analysis in businessETF2121
- Optimisation for businessETF2480
- Statistical foundations of business analyticsETF5202
- Business optimisation skillsETF5650
- Introductory applied econometricsETF5910
- Data analysis in businessETF5912
- Data visualisation and communicationETF5922
- Introductory econometricsETX2100
- Data visualisation and communicationETX2250
- Data analyticsFIT3152
- Business decision modellingFIT3158
- Fundamentals of marketing analyticsMKC2130
- Marketing research analysisMKC2500
Offerings (2)
- Second semesterClayton · BLENDED
- First semesterClayton · BLENDED
Listed in 5 areas of study
- EconometricsCore units
- EconometricsCore units
- Sustainability and responsible managementCore units
- Sustainability and responsible managementCaulfield and Clayton units
- Supply chain managementAdditional Supply chain management units