Page 58 - PROSPECTUS FEA IT 17-18

◄Faculty of Economics and Administration►

Edition, 2000.
(7) Pagano M and Gauvreau K., Principles of Statistics.
nd
Duxbury, 2 Edition, 2000.
(8) Venables W. N. and Ripley B. D., Modern Applied
Statistics with S. Springer-Verlag New York, 4 Edition,
th
2002.
EQC 7010 ACTUARIAL STATISTICS
Learning Outcomes At the end of this course, the students are able to:

(1) Identify the fundamental of actuarial statistics with its
standard notation;
(2) Apply actuarial statistical techniques in solving relevance
problems;
(3) Evaluate findings in suggesting the best option for
specific actuarial problems.
Synopsis of Course This course exposes students to basic concepts of actuarial
Contents statistics and its application. The topics covered include
fundamental of theory of interest and survival distributions.
The application of these concept would be the main focus of
the course.
Assessment Continuous Assessment : 50%
Final Examination : 50%

Main Reference (1) Bowers, N.L., Gerber, H.U., Hickman, J.C., Jones, D.A.,
and Nesbitt, C.J. (1997). Actuarial Mathematics. (2
nd
ed.). Society of Actuaries.
rd
(2) Kellison, S.G. (2008). Theory of Interest. (3 ed.).
McGraw- Hill / Irwin.
(3) Stuart A. Klugman (Author), Harry H.
Panjer (Author), Gordon E. Willmot. (2013). Loss Models:
From Data to Decisions. (4th ed.)Wiley.
EQC 7011 APPLICATIONS OF DEMOGRAPHIC TECHNIQUES

Learning Outcomes At the end of the course, students are able to:

(1) Explain the importance and basic concepts of
demography;
(2) Analyse demographic and population-related
socioeconomic indicators;
(3) Apply demographic techniques in different fields;
(4) Explain the inter-relationships between population
dynamics and socioeconomic and business
development; and
Synopsis of Course The course is designed to introduce students to the
Contents importance of population studies, basic concepts of
demography, sources of population data, demographic
trends and structures of the world and Malaysia, factors
affecting population changes and population policies and
programs.
The course focuses on demographic techniques including
computation and interpretation of various demographic
measures, standardization and decomposition, Lexis
diagram, life table application and population projections.
The application of demographic data and techniques in
various sectors, such as employment, education, housing,
business, politics and planning for basic amenities will be
illustrated.

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