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James Cook University Subject Handbook - 2022

For subject information from 2025 and onwards, please visit the new JCU Course and Subject Handbook website.

BU4054 - Research Methods and Statistics

Credit points:03
Year:2022
Student Contribution Band:Band 4
Prerequisites:Admission to (BComm Hons)
Administered by:College of Business, Law & Governance (pre 2023 PCS)

Subject Description

    This subject prepares students for research using quantitative methods commonly used in health and social sciences. The subject starts with the research design process and then delves into quantitative methods used to isolate cause and effect in the presence of (potentially unobserved) confounding relationships. Confounding relationships are endemic to health and social science research. Experimental data collection is the preferred method, however it is often unfeasible or unethical. Alternatives include matching, difference-in-differences, instrumental variable and regression discontinuity analysis. Students will learn how these methods neutralize the effects of confounders, which of these methods to use under which circumstances and apply that knowledge analysing big (cross-sectional) data sets. Findings from this type of quantitative research are often crucial elements in decision-making processes in business (ex-ante cost benefit analysis), public policy (social return on investment analysis) and public health policy (cost effectiveness analyses).

Learning Outcomes

  • evaluate the array of quantitative methods available to deal with confounding relationships
  • apply these methods to big (cross sectional) data sets
  • summarize the relevance of the outcomes of above methods for public/private decision making

Subject Assessment

  • Written > Test/Quiz 1 - (40%) - Individual
  • Oral > Presentation 1 - (20%) - Individual
  • Written > Research report - (40%) - Individual

Note that minor variations might occur due to the continuous subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.

Availabilities

Townsville, Study Period 3, Intensive, (Face to Face dates exist for this availability)

Census date:Thursday, 03 Feb 2022
Study Period Dates:Monday, 03 Jan 2022 to Friday, 18 Feb 2022
Face to face teaching:Monday, 24 Jan 2022 to Thursday, 03 Feb 2022 (9 am - 5pm - Mon 24/01, Thurs 27/01, Fri 28/01, Tues 01/02 and Thurs 03/02)
Coordinator(s):
Assoc. Professor Taha Chaiechi
DR Rabiul Beg
Assoc. Professor Sizhong Sun
Lecturer(s):
Assoc. Professor Sizhong Sun
DR Rabiul Beg
Workload expectations:The student workload for this 3 credit point subject is approximately 130 hours.
  • 38 Hours - Online collaboration sessions