Honours - Area of Study Econometrics - Honours

In the new information economy, professionals are confronted with masses of data. They are expected to apply econometric methods to analyse this data and provide evidence to management for informed decision-making. The applied econometrics programs are designed to develop expertise in this area, by providing quantitative skills to carry out regression analysis, forecasting, financial market analysis and survey data analysis.

Further information on econometrics can be found at: http://www.buseco.monash.edu.au/ebs/about/econometrics.php

To complete the econometrics major in the Honours degree of Bachelor of Commerce or the Honours degree of Bachelor of Economics, students must complete:

(a.) One core unit (12 points):

• ETC4860 Research paper

(b.) at least three units (18 points) from the following list:

• ETC4010 Reading unit
• ETC4400 Econometric theory
• ETC4410 Applied econometrics 2
• ETC4420 Microeconometrics
• ETC4430 Quantitative economic policy
• ETC4460 Financial econometrics 2
• ETC4480 Optimisation for management
• ETC4541 Special topics in econometrics

(c.) up to three further honours units (18 points) subject to the following conditions:

• a maximum of two third-year level units from the Departments of Econometrics and Business Statistics, Economics, Accounting and Finance, or School of Mathematical Sciences (Faculty of Science). It is strongly recommended that ETC3400 Principles of econometrics be included, if the student has not previously passed this unit
• a maximum of three units from honours units offered by the Department of Economics or the School of Mathematical Sciences
• a maximum of two units from honours units offered by other departments in the faculty or University.

Students must have their enrolment approved by the head, or nominee of the Department of Econometrics and Business Statistics.

The Faculty of Business and Economics also offers related majors in the areas of:

• Economics and econometrics - Honours
• Finance and econometrics - Honours

Visit http://www.buseco.monash.edu.au/student/contact/index.html

• 0181 Honours degree of Bachelor of Commerce
• 0024 Honours degree of Bachelor of Economics