Statistics

Key information

Start date
End date
Year of study
Year 1 or Year 2
Duration
Term 2
Module code
155901500
FHEQ Level
4
Credits
15
Department
Department of Economics

Module overview

This is the one of two 15 credit modules to offer a survey of statistical techniques for economists and an introduction to working with economic data.

Objectives and learning outcomes of the module

 

Upon successful completion of this module a student will be able to:

  • Apply basic methods of statistical inference
  • Use population parameters and sample estimators, and explain the sampling distribution of an estimator
  • Demonstrate understanding of and ability to use normal distribution, chi-square, t and F distributions
  • Demonstrate understanding of and ability to use point and interval estimation and hypothesis testing
  • Explain the method of ordinary least squares (OLS) and use it to estimate regression coefficients
  • Interpret and critically evaluate econometric results
  • Explain the assumptions of the classical linear regression model

 

Method of assessment

AS1 - 25% / AS2 - 25% / EXAM - 50%

 

Suggested reading

TBC

Disclaimer

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