Unit Overview
- Description
This unit introduces students to the foundations and applications of data analytics to address business, economic, social, and policy questions. Using real-world data, the unit develops students' analytical, quantitative, and communication skills in harnessing and analysing data to generate evidence-based insights.
Topics include data types and structures, data cleaning and preparation, descriptive statistics, exploratory data analysis, probability, inferential statistics, hypothesis testing, correlation and regression analysis, and an introduction to causal inference methods such as randomised controlled trials and quasi-experimental techniques. The unit also emphasises communicating analytical insights through data visualisation, written reports, and presentations, alongside practical applications in business, economics, commerce, and public policy.
On successful completion of the unit, students will be able to manage and analyse datasets, critically interpret empirical findings, distinguish between correlation and causation, and effectively communicate data-driven insights to academic, business, and policy audiences.
- Credit
- 6 points
- Offering
Availability Location Mode Not available in 2027 UWA (Perth) On-campus Not available in 2027 Online Flexible -
The timetable for this teaching period is not currently available. Please see the Important Dates page for the timetable release date and other key date information.
- Outcomes
Students are able to (1) explain the econometric principles of estimation and inference; (2) critically evaluate empirical research; (3) apply the appropriate econometric methodology when analysing economic data; (4) develop computational program skills to explore and analyse economic data; and (5) demonstrate ability to undertake independent research.
- Assessment
Indicative assessments in this unit are as follows: (1) problem sets and/or class activities and (2) tests. Further information is available in the unit outline.
Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.
- Unit Coordinator(s)
- Dr Mohammad Farhad
- Unit rules
- Prerequisites
- ECON2271 Business Econometrics or equivalent
- Contact hours
- lectures/tutorials/seminars/workshops: 3 hours per week
- The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Visit the Essential Textbooks website to see if any textbooks are required for this Unit. The website is updated regularly so content may change. Students are recommended to purchase Essential Textbooks, but a limited number of copies of all Essential Textbooks are held in the Library in print, and as an ebook where possible. Recommended readings for the unit can be accessed in Unit Readings directly through the Learning Management System (LMS).
- Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.
Face to face
Predominantly face-to-face. On campus attendance required to complete this unit. May have accompanying resources online.
Online flexible
100% Online Unit. NO campus face-to-face attendance is required to complete this unit. All study requirements are online only. Unit is asynchronous delivery, with NO requirement for students to participate online at specific times.
Online timetabled
100% Online Unit. NO campus face-to-face attendance is required to complete this unit. All study requirements are online only. Unit includes some synchronous components, with a requirement for students to participate online at specific times.
Online Restricted
Not available for self-enrolment. Students access this mode by contacting their student office through AskUWA. 100% Online Unit.
NO campus face-to-face attendance. All study and assessment requirements are online only. Unit includes some timetabled activities, with a requirement for students to participate online at specific times. In exceptional cases (noted in the Handbook) students may be required to participate in face-to-face laboratory classes when a return to UWA’s Crawley campus becomes possible in order to be awarded a final grade.
External
No attendance or regular contact is required, and all study requirements are completed either via correspondence and/or online submission.
Off-campus
Regular attendance is not required, but student attends the institution face to face on an agreed schedule for purposes of supervision and/or instruction.
Multi-mode
Multiple modes of delivery. Unit includes a mix of online and on-campus study requirements. On campus attendance for some activities is required to complete this unit.