MonMap
A course mapper by Monash Association of Coding (MAC)
Introduction to machine learning
ETC3250
Synopsis
This unit develops your ability to model multi-dimensional data using statistical and machine learning techniques. Topics covered include: dimension reduction with linear and nonlinear methods; supervised learning such as discriminant analysis, decision trees and forests, neural networks; and unsupervised learning such as k-means, hierarchical and model-based clustering. You will learn about conceptualising problems using the bias-variance trade-off and how to balance this when fitting models. Complex model fitting techniques will be covered including bagging, boosting, cross-validation, regularisation and constructing ensembles. An important component is learning how to diagnose your model, especially utilising high-dimensional visualisation methods, and explain your model with explainable artificial intelligence (XAI). You will develop practical skills in applying techniques to different problems using a suitable software environment that involves doing reproducible analyses.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 3
- Audience
- Undergraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Econometrics and Business Statistics
- Handbook year
- 2026
Prerequisites (2)
What it unlocks (3)
- Statistical machine learningETC3555
- Advanced R programmingETC4500
- Statistical machine learningETC5555
Offerings (1)
- First semesterClayton · BLENDED
Listed in 6 areas of study
- Actuarial analyticsCore units
- Business analytics for economicsCore studies
- Business analyticsCore units
- Business analyticsAdditional business analytics units
- EconometricsCore units
- EconometricsAdditional econometrics units