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BX2122 - Econometrics and Big Data Analysis

Credit points: 3
Year: 2023
Student Contribution Band: Band 4
Administered by: College of Business, Law & Governance

In a day and age in which the availability of big data increases exponentially, the value of the skills to correctly analyse such data increases accordingly. This subject demonstrates a range of econometric models that can be used to interrogate or mine large datasets to test theories and ideas. The subject focuses on the application of these models, understanding their limitations and correctly interpreting their results. The subject provides valuable skills to students in economics, finance or any other discipline in which the analysis of big data is or will be important.

Learning Outcomes

  • formulate testable scientific hypotheses from economic theories;
  • conduct an econometric analysis (including specification tests) using real life big data and interpret the results of econometric models;
  • select an appropriate econometric model from a range of models to test hypotheses and interpret the results of these models.

Subject Assessment

  • Written > Examination (centrally administered) - (40%) - Individual
  • Written > Test/Quiz 1 - (30%) - Individual
  • Written > Research report - (30%) - Individual.
Prerequisites: BU1007 OR BU1807 OR BU1010 OR EC1101 OR MA1401 OR MA2401 AND BU1003 OR BU1903
Inadmissible
Subject
Combinations:
BX3022 EC2413 EC3413 EC5212 EC5216 BX3025 BX2225 EC5211 BX3122

Availabilities

JCU Singapore, Study Period 52, Internal
Census Date 03-Aug-2023
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 20 hours lectures - may include recorded presentations, online activities & self-learning activities inclusive of lectures, via LearnJCU
  • 20 hours tutorials - may include recorded presentations, online activities & self-learning activities inclusive of synthesising sessions, via LearnJCU
  • assessment and self-directed study

Townsville, Trimester 3, Mixed attendance
Census Date 05-Oct-2023
Face to face teaching (To be advised)
Coord/Lect: Dr Rabiul Beg.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 20 hours workshops
  • 10 hours online activity - Recordings, online activities and self-directed learning
  • 10 hours online Tutorials - Online Collaboration session
  • assessment and self-directed study

Trimester 3, External
Census Date 05-Oct-2023
Coord/Lect: Dr Rabiul Beg.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 30 hours online activity - Recordings, online activities & self-directed learning
  • 10 hours online Tutorials - Online collaborate sessions
  • assessment and self-directed study
Method of Delivery: WWW - LearnJCU

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.