Business and Economic Statistics B (ECMT1020)


This focus of this unit is to develop a student's understanding of regression analysis. The unit covers how linear regression models can be used to estimate relationships, to forecast, and to test hypotheses that arise in economics and business. Guidelines for using econometric techniques effectively are discussed and students are introduced to the process of model building. To develop a student's understanding of regression, economic applications are emphasised. This unit also makes extensive use of econometric software.

Our courses that offer this unit of study

Further unit of study information


2x1-hr lectures/week, 1x2-hr workshop/week


3x quizzes (25%), workshop questions/homework (10%), assignment (15%) and 1x2hr final exam (50%)

Faculty/department permission required?


Unit of study rules

Prerequisites and assumed knowledge

ECMT1010 or ECOF1010 or BUSS1020 or MATH1905 or MATH1005 or MATH1015


ECMT1001, ECMT1003, ECMT1022, ECMT1002, ECMT1021, ECMT1023

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Find a non-award course for this unit of study

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.

Find a cross-institutional course for this unit of study