| Library home | Catalogue | Resources | Services | Help | Libraries | About us |
| Staff directory | A-Z index | Site map |
| Library home | Catalogue | Resources | Services | Help | Libraries | About us |
| Staff directory | A-Z index | Site map |
Department of Econometrics and Business Statistics1. The departmentFollowing the merger of Monash University, Chisholm Institute and the Gippsland Institute of Advanced Education, a new Faculty of Business and Economics was formed in 1993. The faculty now offers undergraduate and postgraduate courses on five campuses in Victoria - Caulfield, Clayton, Gippsland, Peninsula and Berwick -- as well as overseas. The Faculty of Business and Economics operates as six departments: Accounting and Finance; Business Law and Taxation; Econometrics and Business Statistics; Economics; Management; Marketing. The faculty has over 12,200 students, including approximately 1,800 postgraduates. There are 376 academic staff in the faculty. The Department of Econometrics and Business Statistics offers econometrics, business statistics and business modelling in courses offered by the Faculty across the Clayton, Caulfield, Gippsland, Penninsula and Berwick campuses. Postgraduate courses are available on the Clayton and Caulfield campus. The department has a student load of 590 undergraduate and 38 postgraduate EFTSU. There is a very high proportion of doctoral students. The department also provides a free statistical consulting service for students in the faculties of Arts, Business and Economics, Education, Law and Art and Design who have more than a 50% research component to their degree. Principal areas of research in the School include applied econometrics, Bayesian econometrics, business statistics, econometrics, forecasting and modelling, hypothesis testing, microeconometrics, macroeconometrics, theoretical econometrics, and time series analysis. Some of the Econometrics staff also provide external consultancy services and have established close links with business, industry and government. the Business and Economics Forecasting Unit was established in January 2001 to develop improved forecasting methodologies in business and economics. More information about:
2. General policy statementThe Collection Development Policy covers printed books and journals, electronic resources, multimedia and any other formats acquired for the Library's collection. The Policy is regularly monitored to ensure that the selection and acquisition of new resources supports the teaching and research needs of the faculties and their departments. While every effort is made to meet known information needs some gaps in the collection may develop which need attention, and suggestions to address them are welcome. This may be done through liaison with library staff or, for individual titles, using the recommendation form at lib.monash.edu.au/forms/acquisition-request.doc To ensure that the library provides collection materials to support new courses and subjects, completion of a Library Impact Statement lib.monash.edu.au/forms/impact.doc is required. When establishing new research directions staff are encouraged to liaise with the library about the provision of supporting information resources. All titles listed as prescribed or recommended reading for teaching subjects are acquired as high priority and in multiple copies depending on student enrolment numbers. This is particularly necessary for undergraduate students, who need access to adequate resources on their home campus. Electronic versions of these texts are also provided where possible, so that access is more readily available regardless of location and number of copies held. The inter-campus loan and photocopy services for undergraduates further support the needs of those students. However, the library cannot acquire every item that could conceivably be needed by Monash staff or students. The reciprocal borrowing scheme enables Monash library users to borrow from other university libraries. Post-graduates and staff may also use the document delivery service to obtain books and articles from other libraries in Australia and overseas. 3. The library's collectiona. LocationMaterial acquired for the Department of Econometrics and Business Statistics is located at the Matheson Library on the Clayton campus, as well as at the Caulfield and Gippsland libraries. Material in the area of statistics purchased to support courses offered by the Department of Mathematics and Statistics (Faculty of Science) is located in the Hargrave-Andrew Library on the Clayton campus. Material in the area of statistics purchased for the School of Applied Sciences (Faculty of Science) is located on the Gippsland and Peninsula campuses. b. LanguageGenerally only material in the English language is acquired. c. Classification usedThe collection is classified using the Dewey Decimal Classification system, apart from material in the mathematical statistics area that is located on the Clayton campus. This is classified using the Monash/M.O.S. mathematics classification, a variant of the American Mathematical Society's Mathematics Subject Classification scheme. d. Formats collected.No format is excluded but in practice the collection consists of monographs and serials, both print and electronic. e. Size of the collectionNumber of print and electronic serial titles received : Approximately 42 titles are received, 28 titles are located in the Matheson Library on the Clayton campus and the rest at Caulfield. f. Significant electronic resourcesThe library is purchasing increased numbers of resources in electronic format, including networked or internet databases, fulltext resources, including suites of electronic journals, and CD-ROM databases that are only accessible within a particular Branch library. As a result, an increasing proportion of the budget for library material for the Faculty of Business and Economics is spent on these resources. These include Indexing and abstracting services
Fulltext databases / electronic journal suites
Subject gateways
35% of the library materials budget for the Faculty of Business and Economics is spent on serials, and 15% on electronic resources. g. Coverage of the collectionThe library resources acquired for the department cover in general all areas of the Dewey Decimal Classification which include statistics and statistical methods, operations research and econometrics. The main areas of collecting for the Department of Econometrics and Business Statistics are detailed below
Most of the collections in Caulfield and Gippsland consist of undergraduate text books to support the subjects being taught. The collection in the Gippsland library is focused more on business statistics rather than econometrics. Statistical mathematics and operations research / systems analysis collections in Gippsland are collected by the Department of Mathematics and Statistics (Faculty of Science) and the Arts faculty. The collection is estimated at 1,500 volumes. The collection in Caulfield consists mainly of the mainstream econometrics subjects at 330.015195 and operations research at 658.4033. Due to the small collection, approx. 500 volumes, the academics rely heavily on the databases for their research. The Matheson library at Clayton has the largest and most comprehensive undergraduate and research materials. Historically, the majority of teaching and research has been carried out at this campus. Statistical mathematics in Matheson is classified with a special call number prefix, "Mos". Due to the mathematical and statistical aspects of the subject, postgraduate students and staff in Econometrics rely heavily on journals for their research rather than on monographs. Consequently a high proportion of the allocated budget in Econometrics is spent on serial subscriptions. Future Collection Development and TrendsEach of the libraries will continue to monitor their subject collections according to the demands and needs of the department. With networked electronic full-text and bibliographic databases, on site research materials are becoming less of an issue for libraries which do not collect comprehensively in the subjects concerned. 4. Other significant Monash collections or resourcesHargrave-Andrew Library: has substantial collections of inter-related disciplinary subjects such as mathematics, operations management and business computing. Theses : Matheson Library has the most comprehensive collection of econometrics theses for Monash University available in manuscripts and on microfiche. Donald Cochrane Library: located on the 7th floor of the Menzies building in Clayton, this is an independent library staffed and funded with the resources of the Faculty of Business and Economics. Caters for postgraduate and honours students and staff of the Faculty of Business and Economics only. Their collection strengths include business journals, Faculty theses (where received), annual reports and working papers from Australian and international universities obtained on a gratis basis. Collections Table(T = teaching level, R = research level)
Amendment history
Need help? Library frequently asked questions and online
enquiries: current students/staff | public users, online chat,
or phone +61 3 9905 5054 |