EC10910 - STATISTICS FOR ECONOMISTS

Module Identifier	EC10910
Module Title	STATISTICS FOR ECONOMISTS
Academic Year	2002/2003
Co-ordinator	Mr Alan Jones
Semester	Semester 2
Mutually Exclusive	AC10410
Course delivery	Practical	5 Hours
	Practical	5 Hours
	Lecture	12 Hours
	Seminars / Tutorials	15 Hours
Assessment	Semester Exam	1.5 Hours	80%
	Semester Assessment		20%

Learning outcomes

On completion of the course the students will:

Know how to display data in figures such as pie-charts, bar charts, and histograms.
Understand the purpose of measures of central tendency, dispersion, and association and be able to calculate them.
Understand the concept of a probability distribution and have a basic understanding of the meaning and use of the following distributions: normal, t, F, chi-squared;
Know the meaning of a sample and be able to calculate and draw inferences from sample statistics.
Have an understanding of time-series data.
Understand the principles of estimation: bias and efficiency
Be able to produce and test hypotheses.
Understand covariance and correlation.
Know the basics of the SPSS software program.

Aims

To give students an introduction to descriptive and inferential statistics and to help them understand the purpose and meaning of statistics. The module is designed to make students familiar with the various statistics used in economics and will give them a preliminary introduction to the statistical computer program SPSS.

Reading Lists

Books
McClave, Benson and Sincich. (1998) Statistics for Business and Economics. Prentice-Hall ISBN 013-840-300-5
M Barrow. Statistics for Economics. Longman
Perry R Hinton. Statistics Explained. Routledge
G Bancroft and M Fletcher. Improve your Maths!. Longman
M J Norusis. SPSS 10 Guide to Data Analysis. Prentice-Hall