ECONOMIC AND FINANCE DATA ANALYSIS

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Overview

Economic and financial analysis involves understanding and interpreting a vast amount of information. As an economist, or financial analyst, you need to be able to source the data relevant to advising, for example, on the economics of a business or the value of a company’s shares. You will need to be able to describe and present this information so that managers and investors can understand it. You will need to be able to draw inferences from your analysis of this information so managers and investors can make informed decisions. Moreover, you will need to be able to estimate forecasts for the economic and finance variables you are describing, so that managers and investors can consider the potential outcomes of decisions.

Portfolio

Office of the Provost

School

Subject coordinator

Mary Ma

Subject type

Undergraduate

Year level

Year Level 1 - UG

AQF level

Level 5 - Diploma

Available as elective

Yes

Available to study abroad / exchange students

Yes

Capstone subject
Capstones provide students with a way of integrating and applying knowledge and skills gained throughout their course.

Academic progress review - Schedule A subject

Subject instances

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Career ready

Work based learning (placement):No

Graduate capabilities

COMMUNICATION - Digital Capability

INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Subject intended learning outcomes

On successful completion you will be able to:

Critically analyse the role of information management and data analysis in effective economic and financial decision-making.

Select and use appropriate software tools to calculate descriptive statistics, inferential statistics, and forecasting

Demonstrate an ability to use statistical techniques to identify a solution to a problem, and to use and communicate data to support that solution.

Select and apply appropriate statistical methodology to a variety of problems relating to social, organisational and business settings

Learning activities

Online activities including some short videos, reading materials, workshop activities and preparation, participation in discussion forums online quizzes, research project and final examination

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