The quantitative methods section of this module focuses on statistics. The topics range from data analysis, probability theory, hypothesis testing, sampling and estimation, to linear regression and time-series analysis. Other topics include simulation and technical analysis. The module also requires a conceptual understanding to enable the evaluation of methodologies, develop critiques of them, and, where appropriate, propose revised approaches. The economics section of this module covers microeconomics and macroeconomics. Elements of international economics are included relating largely to foreign currency transactions and how they are affected by exchange rates, international interest rates and inflation. There is an emphasis on the effects of economic factors on financial markets, including monetary and fiscal policy, government regulation, and economic growth and development.