Econometrics - XM0057

Econometrics

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Econometrics combines economic theory with mathematical and statistical models using real-world data to evaluate corporate and government policies, and to forecast trends under uncertainty. Within this major, you will develop your capacity to undertake statistical inference, apply time-series and data analytic techniques using data analysis methods. You will develop advanced critical thinking, evidence-based reasoning and technical communication skills, together with the responsible use of digital econometric tools and programming software. This quantitative major prepares you to tackle complex industry challenges, leading data initiatives as econometricians, data analysts, risk modellers and policy consultants across global sectors.

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"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