Handbook

If students are enrolled in course B6001, B6003 or B6014, there is no prerequisite.

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level.  You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study.  You should self-assess your maths competency prior to enrolling in this unit.

This unit contains a hurdle requirement that you must achieve to be able to pass the unit. The consequence of not achieving a hurdle requirement is a fail grade (NH) and a maximum mark of 45 for the unit.

• Applies to all offerings

• Applies to all offerings

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

It is very important to have hands on practice to understand the concepts. The software that we use (EViews) is available via the Monash virtual environment (MoVE). The instructions on how to use the MoVE will be provided in the first tutorial in the first week. EViews is also used in Time Series ETC3450 and Financial Econometrics ETC3460, and is used by many financial and government institutions. If you are proficient in any other statistical software (e.g. SAS, SPSS, STATA, R), you can use that instead, but then you should not expect the teaching team to answer your software related questions.