MonMap
A course mapper by Monash Association of Coding (MAC)
Statistical modelling for decision making
ETW2510
Synopsis
This unit will introduce you to the empirical analysis of relationships between variables. The approach is based on linear regression theory and emphasises applied analysis of cross-sectional and time series data. Topics studied include properties of the least squares estimators, hypothesis testing, the choice of appropriate functional forms, model selection, dummy variables, theoretical and practical issues around analysing real-world data and the problems it poses to regression modelling.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 2
- Audience
- Undergraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Econometrics and Business Statistics
- Handbook year
- 2026
Prerequisites (5)
- Principles of statistical inference ETM2100
- Modelling for data analysisFIT2086
- Data analyticsFIT3152
- Advanced data analysisFIT3154
- Statistical methods for scienceSTA1010
What it unlocks (24)
- Empirical strategies for policy evaluationECX5479
- Principles of econometricsETC3400
- Applied econometricsETC3410
- Applied time series econometricsETC3450
- Financial econometricsETC3460
- Applied forecastingETC3550
- Advanced statistical modellingETC3580
- Principles of econometricsETC5340
- Applied econometricsETC5341
- Applied time series econometricsETC5345
- Financial econometricsETC5346
- Advanced statistical modellingETC5580
- Applied econometricsETF3200
- Business forecastingETF3231
- Quantitative methods for financial marketsETF3300
- Quantitative analysis of limited dependent variablesETF3600
- Business forecastingETF5231
- Applied econometricsETF5320
- Quantitative methods for financial marketsETF5330
- Quantitative analysis of limited dependent variablesETF5600
- Time series forecasting: Principles and practiceETW3420
- Applied time series for policy analysisETW3450
- Financial modelling and analyticsETW3481
- Applied econometrics for behavioural modellingETW3510
Offerings (2)
- First semesterMalaysia · ON-CAMPUS
- Second semesterMalaysia · ON-CAMPUS
Listed in 2 areas of study
- Econometrics and business statisticsCore units
- Econometrics and business statisticsEconometrics and business statistics core units