ECON1003 - Statistical Methods in Economics
This is a compulsory module for single-honours Economics (L100 & L101), Econ/Geog (LL17), Phil/Econ (VL51) and ESPS Economics Specialists students only. The course will cover the following topics through lectures and tutorials:
1. Probability Basics
2. Random Variables, Expectations
3. Discrete/Continuous Distributions
4. Law of Large Numbers, Central Limit Theorem
5. Statistics Basics
6. Point/Interval Estimation
7. Hypothesis Testing
8. The Linear Regression Model
In addition, students will be introduced to the Statistics software package STATA and learn its basic features and commands. There will be coordination with ECON1002; in particular, data sets used in ECON1002 will also be used in this modules’ lectures and exercises.
20 hours of lectures and 8 compulsory tutorial
classes with accompanying exercises. 2-hour unseen written examination
in Term 3.
single-honours Economics (L100 & L101), Econ/Geog (LL17), Phil/Econ (VL51) and ESPS Economics Specialists students only.
|Prerequisites:||ECON1001 must be taken concurrently|