Statistics for Economics

Module code: EC1007

Statistics can be used by economists as a tool to collect, analyse and interpret data relating to how choices made by individuals, organisations and governments on costs, risks and resources impact society. This module will equip you with the fundamental skills required to critically analyse statistical results obtained from economic data. 

You will be able to discuss and evaluate the following statistical themes:

• Descriptive statistics
• Probability and probability distribution
• Sampling and sampling distributions
• Interval estimation

By gaining these fundamental skills you can now apply these theoretical concepts in the list above into real- word problems and situations.