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

Anti-requisites

Cannot be taken if already completed or enrolled in MATH1001 - Foundation Mathematics

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 descriptive statistical techniques to solve problems within business and/or economic contexts, and formulate data-informed, meaningful conclusions.

Utilise industry-standard spreadsheet and statistical software to generate graphical representations of data relevant to business and/or economic activity.

Analyse, interpret and communicate data and graphs to formulate evidence-based recommendations for business and/or economic activities, considering ethical and socio-economic factors.

Identify and reflect upon additional data and ethical considerations in order to adjust and enhance evidence-based recommendations for business and/or economic activities.

Teaching and assessment

Teaching method

Workshop 1 hour (Weekly)

Tutorial 2 hours (Weekly)

Assessment
Quiz	20%
Case study	40%
Case study	40%

Teaching method

Tutorial 2 hours (Weekly)

Workshop 1 hour (Weekly)

Assessment
Quiz	20%
Case study	40%
Case study	40%

Teaching method

Tutorial 2 hours (Weekly)

Workshop 1 hour (Weekly)

Assessment
Quiz	20%
Case study	40%
Case study	40%

Teaching method

Workshop 1 hour (Weekly)

Tutorial 2 hours (Weekly)

Assessment
Quiz	20%
Case study	40%
Case study	40%

Teaching method

Tutorial 2 hours (Weekly)

Workshop 1 hours (Weekly)

Assessment
Quiz	20%
Case study	40%
Case study	40%

Teaching method

Tutorial 2 hours (Weekly)

Workshop 1 hour (Weekly)

Assessment
Quiz	20%
Case study	40%
Case study	40%

Teaching method

Tutorial 2 hours (Weekly)

Workshop 1 hour (Weekly)

Assessment
Quiz	20%
Case study	40%
Case study	40%

Teaching method

Tutorial 2 hours (Weekly)

Workshop 1 hour (Weekly)

Assessment
Quiz	20%
Case study	40%
Case study	40%

Teaching method

Workshop 1 hour (Weekly)

Tutorial 2 hours (Weekly)

Assessment
Quiz	20%
Case study	40%
Case study	40%

Prescribed learning resources

Prescribed Texts

Prescribed text information is not currently available.

Prescribed Resources/Equipment

Prescribed resources/equipment information is not currently available.

Prescribed Texts

Prescribed text information is not currently available.

Prescribed Resources/Equipment

Prescribed resources/equipment information is not currently available.

Prescribed Learning Resources may change in future Teaching Periods.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.

Fee paying courses
For postgraduate or undergraduate full-fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees.

Find out more for domestic fees

International

Please check the international course and fee list to determine the relevant fees.

Find out more for international fees

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Unit of Study MATH1003 Quantitative Methods with Economics (2025)

Show me unit information for year

Unit Snapshot

Unit type

Credit points

Faculty & College

Placement

Anti-requisites

Unit description

Unit content

Availabilities

Learning outcomes

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

Teaching and assessment

Brisbane - The Hotel School (Term)

Gold Coast (Term)

Melbourne (Term)

Melbourne - The Hotel School (Term)

Online (Term)

Papua New Guinea - IBSU Port Moresby (Term)

Perth (Term)

Sydney (Term)

Sydney - The Hotel School (Term)

Prescribed learning resources

Term 3

Term 5

Fee information

Domestic

International

Courses that offer this unit

Any questions? We'd love to help

Any questions?
We'd love to help