Course

Quantitative Analysis - ATAX0058

Faculty: Australian School of Business

School: Australian School of Taxation and Business Law

Course Outline: ATAX0058 Course Outline

Campus: ATAX Campus

Career: Undergraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 0

CSS Contribution Charge: 2 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

Description

Quantitative Analysis is an introductory course in mathematical and statistical concepts and techniques with applications in commerce and taxation. This course will train you in essential quantitative skills and show how these skills can be used in formulating and solving a wide variety of problems in economics, accountancy, finance and taxation. In this course the applications of mathematical and statistical methods in commerce and taxation are more than mere illustrations; they constitute an integral part of the course material. Quantitative Analysis is intended to be as simple, comprehensive and self-sufficient as practicable. It introduces and develops mathematical and statistical ideas and techniques from the basic principles, assuming very little mathematical knowledge on your part. The course is programmed midway through the BTax Accounting stream but if you need earlier skilling in mathematics and statistics, you may undertake the course earlier in your program.


Recommended Prior Knowledge

None

Course Objectives

This course seeks to develop your skills and knowledge in the following areas:
  • Algebraic operations, and solving equations and inequalities
  • Functions, and economics and business models
  • Sequences, series, progressions, and mathematics of finance and accountancy (interest, present values, annuities and depreciation)
  • Descriptive statistics including data collection, data presentation, and summary measures of central tendency and variability
  • Probability theory (counting techniques, probability axioms and properties, random variables, probability density functions, cumulative distribution functions, expected values and variances, and the binomial, Poisson and normal distributions)
  • Basic inferential statistics including sampling distributions statistical estimation and hypothesis testing regression and time-series analyses

Main Topics

  • Elementary algebra, functions and models
  • Mathematics of finance and accountancy
  • Descriptive statistics
  • Introduction to probability theory
  • Estimation and hypothesis testing
  • Correlation and regression analysis

Course Texts

Textbook lists for ATAX courses will be available from the UNSW Bookshop from 1 February for Semester 1 courses and from 1 July for Semester 2 courses
Library

Study Levels

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