Econometrics Major (Undergraduate)
Description
Econometrics applies mathematical and statistical techniques to the analysis of business and economic data. There has always been a strong demand for graduates with quantitative skills. The impact of information technology has meant that there are huge data sets now available - such as data sets of financial market activity or of consumer markets via supermarket scanning. This adds considerably to the high level prospects for graduates with the quantitative skills to deal with the potential of the data - such as in the analysis of energy demand, greenhouse gas emissions, international trade flows or consumer behaviour.
Note. From 2012, this major will be offered through the School of Economics in the Faculty of Arts and Social Sciences.
Information for Undergraduate students
Requirements for the major
Note. The following information is for students who commenced study in their degree in 2012. Students who commenced prior to 2012 should refer to the information below listed under "Pre-2012 continuing students".
For the award of a major in Econometrics, students complete:
(i) two junior prerequisite units of study (12 credit points):
- BUSS1020 Quantitative Business Analysis;# OR ECMT1010 Business and Economic Statistics A;
- ECMT1020 Business and Economic Statistics B
# Students enrolled in the Bachelor of Commerce complete this unit as a core unit for their degree.
(ii) two compulsory senior units of study (12 credit points), as follows:
(iii) at least four senior elective units of study (24 credit points) selected from the following units:
- ECMT2120 Analysis of Discrete Choice Data *
- ECMT2130 Financial Econometrics
- ECMT3120 Applied Econometrics
- ECMT3130 Forecasting for Economics and Business
- ECMT3150 The Econometrics of Financial Markets
- ECMT3160 Statistical Modelling *
- ECMT3170 Computational Econometrics *
* These units are not offered in 2012..
Note: Senior units of study can count towards one major only. Senior units cannot be "double counted" towards two major.
Information for Pre-2012 continuing students
The following information is for Pre-2012 continuing students only
Requirements for the Econometrics major for students who commenced study in their degree prior to 2012
Pre-2012 continuing students should follow the requirements for their major as set out in the following downloadable PDFs. Students should also refer to the handbook of the year you commenced for the exact details of their degree and major requirements.
- Requirements for an Econometrics major and extended major for students who commenced study in their degree in 2010 or 2011

- Requirements for an Econometrics major and extended major for students who commenced study in their degree in 2006, 2007, 2008 or 2009

- Requirements for an Econometrics major and double major for students who commenced study in their degree before 2006

Availability of this major
The Econometrics major is an available option in the following degrees offered by the Business School:
- Bachelor of Commerce
- Bachelor of Commerce and Bachelor of Arts
- Bachelor of Commerce and Bachelor of Laws
- Bachelor of Commerce / Bachelor of Medicine and Bachelor of Surgery
- Bachelor of Commerce and Bachelor of Science
- Bachelor of Commerce (Liberal Studies)
Pre-2011 continuing students enrolled in these Business School degrees can also complete a major or electives in Econometrics: FH029 Bachelor of Economics, FH035 Bachelor of Economics and Bachelor of Medicine and Bachelor of Surgery; and Bachelor of Economics and Bachelor of Laws.
Students in the following degrees administered by the Faculty of Engineering and Information Technologies also have the option of completing a major in Econometrics:
- Bachelor of Engineering and Bachelor of Commerce
- Bachelor of Information Technology and Bachelor of Commerce
Students in the following degree administered by the Faculty of Arts and Social Sciences also have the option of completing a major in Econometrics:
- Bachelor of Economics
- Bachelor of Economics and Bachelor of Laws
- Bachelor of Economics / Bachelor of Medicine and Bachelor of Surgery
Students in the following degree administered by the Faculty of Agriculture, Food and Natural Resources have the option of completing a major in Econometrics:
An Econometrics major or electives in this area may also be available to students enrolled in other degrees in the University. Students should check the other faculty's course information for further details.