MAE256 - Analytical Methods in Economics and Finance

Unit details

Note: You are seeing the 2021 view of this unit information. These details may no longer be current. [Go to the current version]
Year:

2021 unit information

Important Update:

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Last updated: 4 June 2021

Enrolment modes:Trimester 1: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online
Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:MAE356, MAF356
Unit Chair:Trimester 1: Wenying Yao
Trimester 2: Cahit Guven
Prerequisite:

MAE101, MIS171, MAF101

Corequisite:Nil
Incompatible with: MAE356, MAF256, MAF356
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

1 x 2 hour class and 1 x 1 hour seminar each week

Scheduled learning activities - cloud:

Online independent and collaborative learning activities including 3 scheduled online seminars

Content

This unit introduces students to advanced statistical techniques in finance, economics and business. At the completion of the unit, students will have an appreciation of the role of these advanced quantitative techniques in finance and economics, in business decision making, as well as in research.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Apply and interpret statistical methods relevant economic and finance data and research.

GLO1: Discipline-specific knowledge and capabilities

ULO2

Use software to analyse data within the realm of economics and finance and to carefully interpret statistical data analysis.

GLO3: Digital literacy

ULO3

Critically appraise the accuracy, sources and relevance of statistical data and models.

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO4

Solve complex problems using quantitative methods.

GLO1: Discipline-specific knowledge and capabilities GLO5: Problem solving

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week 
Assessment 1: (Individual) Online Multiple Choice Quiz (x2) - 20% (10% x 2)

Quiz 1: Week 5

Quiz 2: Week 9

Assessment 2: (Individual) Problem-based written assignment

1500 words 20% Week 7
Examination (closed book) 2-hours 60% Exam period

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Hurdle requirement

Hurdle requirement: achieve at least 40% of the marks available on the examination

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MAE256 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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