UnitLevel 1Undergraduate

ETC1010 Introduction to data analysis

Faculty of Business and Economics

ETC1010 Introduction to data analysis is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 1 and Semester 2 at Clayton. It needs ETB1100, ETF1100, STA1010, ETW1001, ETX1100, FIT1006, ETC1000 or SCI1020 and unlocks 6 units, leading on to 7 units in all.

Credit points
6
Offered in 2021
Semester 1, Semester 2
Clayton
Assessment
No exam
1 task
Workload
144 hours
per semester

This is the 2021 handbook entry. See the 2027 entry.

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Requisites

Enrolment rules

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level.  You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study.  You should self-assess your maths competency prior to enrolling in this unit.

Equivalent units

The same content under another code. Only one of them counts.

Overview

Introduction to principles and techniques for modelling actuarial, business and economic data. Concepts and practice in taking "data from the wild", reading different formats, tidying, and wrangling it into shape for analysis. Building models and making useful visualisations to achieve effective data-driven decision-making. Learn how to find data to solve problems. Build oral and written communication skills. Hands-on learning, with some team work projects.

Offerings in 2021

Teaching periodCampusMode
First semesterClaytonOn campus
Second semesterClaytonOn campus

Assessment

  • Within semester assessment
    100%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    learn to read different data formats, learn about tidy data and wrangling techniques

  2. 2

    apply effective visualisation and modelling to understand relationships between variables, and make decisions with data

  3. 3

    develop communication skills using reproducible reporting.

Workload and teaching

  • Tutorials24 hours
  • Lectures24 hours

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Where it fits

ETC1010 is part of 5 areas of study in the 2021 handbook.

Contacts

Chief Examiners
Professor Rob Hyndman
Dr Patricia Menendez Galvan

Common questions

What are the prerequisites for ETC1010?

You need ETB1100, ETF1100, STA1010, ETW1001, ETX1100, FIT1006, ETC1000 or SCI1020 before you enrol. Enrolment rules also apply.

What can I take after ETC1010?

ETC1010 is a prerequisite or corequisite for 6 units, including ETF3231, ETF3500, ETF5500, ETF5932, ETX3250 and FIT3152. Those lead on to 7 units in all.

When is ETC1010 offered?

In 2021, ETC1010 runs in Semester 1 and Semester 2 at Clayton.

How much work is ETC1010?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ETC1010 have an exam?

No. ETC1010 has 1 assessment task and no exam.

Which majors and minors include ETC1010?

ETC1010 is part of Business analytics, Econometrics and Mathematical foundations of econometrics.

More details

Credit points
6
Level
1
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Econometrics and Business Statistics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 1
Study abroad
Available