Statistics

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

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