BUS5030
Applied Economics and Statistics
As the vast amount of data available to organizations increases there is growing need to be able to analyze and evaluate patterns of behavior, trends, and strategic options. In increasingly complex business markets, the effective evaluation of economic performance makes the difference in maintaining or increasing the overall competitive position of the firm.
Applied Economics and Statistics extends statistical and economic principles from the undergraduate level to the graduate level. This course helps learners build a solid background in quantitative, analytical and problem-solving skills.
Course level
Graduate
Course duration
max. 8 weeks
Estimated time per week
10-15 hours
Course prerequisites
None
Cost
$ -
Course credits
3
Relevant jobs
Accountants, Economists, Financial advisors
What will I learn?
Examine the fundamental concepts and methods of data driven decision making
Apply statistical and data analyses best practices as part of the overall data-driven decision making process
Apply evaluative economic models to respond to external market events
Compare and contrast the needs of data collection, data analysis, and data interpretation
Apply the concepts of market behavior, principles of demand behaviors, and market reactions to economic forces
Develop a solid economic strategy for an organization integrating data-driven decision making principles and practices
Key Skills
How will I learn?
What support will I receive?
When you have a dedicated team on your side, you'll never be alone studying at Nexford. Hailing from many different countries and with online education expertise, our faculty provides you world-class support. Ask them questions during one-to-one office hours or live chat , email them any time, and get individual feedback on your assessments.
Whilst you’re learning, you’ll also have full access to the free Nexford online library, which includes access to millions of full-text articles, industry reports and key sources such as the Wall Street Journal, the Financial Times and The Economist.
LinkedIn Learning: unlimited access with Nexford
Support your Nexford goals with access to LinkedIn Learning during your program, at no additional cost. Explore the learning hub of the globe’s biggest professional networking platform to:
- Power your career: choose from over 16,000 expert-led courses, from remote working to data science
- Show off your skills: earn a certificate when you complete a course
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- Test what you’ve learned: use LinkedIn Learning assessments