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Unit of Study MATH1003 - Quantitative Methods with Economics (2025)

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Unit Snapshot

  • Unit type

    UG Coursework Unit

  • Credit points

    12

  • Faculty/College

    SCU College

  • Placement

    No

  • Enrolment information

    N/A

Unit description

This unit equips students with essential quantitative skills for business, information technology and hotel management, focusing on their practical application in decision-making. Students will use quantitative tools to solve problems, with an emphasis on developing statistical analysis competence and interpretation of graphical representations, which is vital for success in economics and business. This unit will also enhance students’ ability to effectively communicate ethical, data-driven quantitative findings to diverse audiences.    

Unit content

Warm Up Module: Review of Elementary Arithmetic and Algebra

Module 1: Introduction to Quantitative Analysis and Displaying Data

Module 2: Data analysis for Decision-Making

Module 3: Introduction to Economic Principles

Module 4: Exploring Financial Indicators

Module 5: Exploring Data Relationships

Module 6: Ethics in Decision-Making

 

Availabilities

Location Domestic International
Brisbane - The Hotel School N/A
Term3,5
Gold Coast
Term3,5
Term3,5
Melbourne N/A
Term3,5
Melbourne - The Hotel School
Term3,5
Term3,5
Online
Term3,5
N/A
Papua New Guinea - IBSU Port Moresby N/A
Term3
Perth N/A
Term3,5
Sydney N/A
Term3,5
Sydney - The Hotel School
Term3,5
Term3,5

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:

Apply foundational quantitative techniques to analyse graphs and data sets to solve problems and draw meaningful conclusions.

Quantitatively analyse data using appropriate spreadsheet and statistical software.

Evaluate and discuss findings from quantitative analyses and communicate ethical, data-informed decisions in various forms.

Reflect upon the impact of individual experiences and perspectives on decision-making.

Prescribed learning resources

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Prescribed Learning Resources may change in future Teaching Periods.