COURSE TITLE: Quantitative Economics
COURSE CODE: HEC 222
CREDIT POINTS: 15
PREREQUISITE: Grade 12 Mathematics, Introduction to Statistical Theory
COURSE DESCRIPTION
This course teaches best practice quantitative methods used in both conventional and sustainable business settings today. The data management and modeling functions in which these tools are used exist in most mainstream business functions, e.g., marketing, operations management, finance, accounting, long term strategy and managerial economics. Classes of tools taught in this course include: Methods for summarizing bodies of data, e.g., measures of central location, variability and correlation, Methods of visualizing data, e.g., tables, histograms and graphs, Probability distributions and random variables, etc…
Content
1. Introduction (Data and Statistics)
2. Standard Deviation Units and the Normal Curve
3. Fractals and Standard Scores
4. Charts and Graphs and their interpretation
5. Frequency Distributions and their Graphs
6. Probability
7. Association
8. Regression
TEACHING AND LEARNING STRATEGIES
Participative lectures (oral and power point presentation), guest lectures, interest-based research and project, concept development, group work and presentation.
ASSESSMENTS
The course assessment components are as follows:
Formative Assessment 50%
Test 1: 20%
Project or Quiz: 10%
Test 2: 20%
Summative Assessment 50%
Exam: 50%
Reference and materials
The following textbooks are recommended for this course:
· Anderson Sweeney and Williams, 1994, STATISTICS FO BUSINESS ECONOMICS, 5th Edition
· Other related text books can also be consulted
· Acel, A. (1999). Complete Business Statistics.USA; McGraw-Hill
· Berenson, M., Levine, D & Krebbiel, T.( 2002). Basic Business Statistics. New Jersey,Prentice Hall.
Happy Learning !!!!!!
Ms Nombe -Course Coordinator
- Teacher: Alwyn Kawona