Econometrics - XM0057


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The way in which companies collect, store and use data has been revolutionised by the incorporation of the internet and mobile devices into everyday life. Unprecedented speeds and volumes mean companies now need to have new ways of analysing and using this information quickly and efficiently, to drive business success. Econometrics uses the principles of mathematics and statistics to analyse and interpret this data to inform economic and business decision-making. In this major you will learn how to analyse, implement and construct econometric models, and develop strong skills in economic and business forecasting.

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Major Note Clayton
Minor Note Clayton

This area of study is offered in the following courses or can be taken where you have 8 free electives. To see if you can take this area of study within a double degree select from the course offering below.

"During high school I didn't really consider studying a business-related discipline. I also didn't enjoy studying maths, as I found it very dry and not very applicable to everyday life. Although Econometrics is very math-heavy, its application to real-world problems is extremely rewarding." Adrian Crosland, Bachelor of Commerce/Bachelor of Economics