Module Identifier | EC10910 | ||

Module Title | STATISTICS FOR ECONOMISTS | ||

Academic Year | 2001/2002 | ||

Co-ordinator | Mr David Jones | ||

Semester | Semester 2 | ||

Mutually Exclusive | AC10410 | ||

Course delivery | Lecture | 12 Hours | |

Seminars / Tutorials | 15 Hours | ||

Practical | 5 Hours | ||

Practical | 5 Hours | ||

Assessment | Course work | | 20% |

Exam | 1.5 Hours | 80% |

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.

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.

McClave, Benson and Sincich. (1998)

M Barrow.

Perry R Hinton.

G Bancroft and M Fletcher.

M J Norusis.