Forecasting and Business Analysis

Course aim

To provide students with the basic skills, methods and concepts to analyse data and make forecasts, appropriate to business in an international context.

Course content

Review of statistical analysis and techniques used for cross-sectional and time-series modelling. The application and limitations of the analysis of data, including economic indicators and survey results. Regression techniques: concepts, applications, interpretation, and limitations. Use of appropriate computer software. Alternative methods of reporting and using analytical results.

Textbook(s)

Koop, Gary 2009, Analysis of Economic Data, 3, John Wiley & Sons, New Jersey

Prerequisite(s)

Subject Area & Catalogue Number	Course Name
Group 1
MATH 1052	Statistics for Business
ECON 1006	Microeconomics
Group 2
ECON 1008	Principles of Economics
MATH 1052	Statistics for Business
Group 3
ECON 1006	Microeconomics
MATH 1053	Quantitative Methods for Business
Group 4
ECON 1008	Principles of Economics
MATH 1053	Quantitative Methods for Business

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Lecture	2 hour x 13 weeks
Tutorial	1 hour x 12 weeks
EXTERNAL, CITY WEST, DISTANCE EDUCATION
External	N/A x 13 weeks
INTERNAL, OFFSHORE, TAYLOR'S BUSINESS SCHOOL
Lecture	2 hours x 14 weeks
Tutorial	2 hours x 14 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Assignment 1, Assignment 2, Examination

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
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Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.