DEAKIN UNIVERSITY 
MAE256: Analytical Methods in Economics and Finance 
Comprehensive Revision Guide and Notes 2026 
 
Part 01. Revision Notes 
Part 02. Sample Examination Paper 
Part 03. Suggested Solutions to Exam Paper 
Part 04. Examination - Hints and Tips 
 
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Deakin University - MAE256: Analytical Methods in Economics and Finance

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ACADEMIC YEAR 2025 - 2026

University	Deakin University
Study Level	Undergraduate
Unit Code	MAE256
Unit Name	Analytical Methods in Economics and Finance
Notes Title	Comprehensive Revision Guide and Notes
Format	PDF
Page Length	76

Get ready for MAE256 at Deakin University with this student-friendly guide. Designed for self-study from week one to your final review, it explains concepts clearly and walks through the full set of examinable topics covered in lectures. You’ll find practical guidance on the exam format, the types of questions to expect, and the high-priority ideas to focus on. Use it to reinforce class material, check your understanding with worked explanations, and streamline revision. Keep it beside you as a quick reference to study smarter, build confidence, and lift your exam performance.

MAE256 introduces students to core quantitative methods essential for analysing and interpreting data in economics, finance, and business. The unit covers key topics such as descriptive statistics, probability distributions, hypothesis testing, regression analysis (simple and multiple), time series modelling, and forecasting. Students learn to apply these techniques using Excel to investigate real-world questions such as the impact of inflation on household spending, mental health effects of social media use, the impact of remote work on employee productivity, and how macroeconomic factors like industrial production and retail sales exhibit seasonality and structural change. Emphasis is placed on distinguishing correlation from causation, understanding the assumptions behind statistical models, and interpreting results in applied contexts. By the end of the unit, students will have the analytical skills to evaluate empirical evidence and make data-driven decisions in professional economic and financial settings.

✔ At the completion of this unit, successful students can:

Apply and interpret statistical methods to relevant economic and finance data.
Use software to analyse data within the realm of economics and finance and to interpret statistical data analysis.
Critically appraise the accuracy, sources and relevance of statistical data and models.
Solve complex problems using quantitative methods.

UNIT CODE	UNIT NAME
MAA103	Accounting for Decision Making
MAA261	Financial Accounting
MAA262	Management Accounting
MAA363	Corporate Accounting
MAE101	Economic Principles
MAE201	Competition and Industry
MAE203	The Global Economy
MAF101	Fundamentals of Finance
MAF202	Banking and Financial Institutions
MAF203	Business Finance
MAF307	Equities and Investment Analysis
MAF308	Financial Derivatives and Risk Management
MIS171	Business Analytics
MLC101	Law for Commerce
MLC301	Principles of Income Tax Law
MMK101	Marketing Fundamentals
MMM132	Management

Updated for 2026

Deakin University - MAE256: Analytical Methods in Economics and Finance

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