Statistics for Economists 1
Module code: EC1007
Module co-ordinator: Dr Carlos Diaz Vela
Description
This module aims to develop a solid understanding of basic probability theory and its application to economics. On completion of this module, students should be able to gain an in-depth understanding of basic probability theory, and use it to calculate probabilities in various circumstances. Also the students will gain quantitative skills by computing descriptive statistics and probabilities.
Topics Covered
- Descriptive statistics.
- Probability methods.
- Discrete probability distributions.
- Continuous probability distributions.
- Sampling and Sampling Distributions.
- Confidence interval estimation.
Learning
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20 one hour lectures
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9 one hour tutorials
Assessment
The module is worth 20 credits towards your first year assessment. The module will be assessed by the following:
- A 45 minutes mid-term test (20%)
- A two hours examination at the end of the semester (80%)