Module Identifier EC10910  
Academic Year 2003/2004  
Co-ordinator Mr Alan Jones  
Semester Semester 2  
Other staff Mr Alan Jones, Glenda Roberts  
Mutually Exclusive AC10410  
Course delivery Lecture   22 Hours  
  Seminars / Tutorials   6 Hours  
Assessment TypeAssessment Length/DetailsProportion
Semester Exam1.5 Hours  80%
Semester Assessment  20%

Learning outcomes

On completion of the module the students will:

Brief description

Statistical analysis is an important part of the economist's toolkit and this module looks at introductory ideas. No previous knowledge of the subject is assumed.


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 statistical computer programs including spreadsheets.


  1. DESCRIPTIVE STATISTICS. Diagrammatic representations of data. Averaging. Measuring spread. Weighted averages.
  2. PROBABILITY. Basic ideas. Addition and multiplication rules. Tree diagrams. Success/Fail experiments. Binomial distributions. Normal distribution.
  3. STATISTICAL SIGNIFICANCE. Idea of significance. Tests concerning means. Tests concerning variance. Comparisons. Goodness of fit; contingency tables.
  4. RELATIONSHIPS. Scatter diagrams, correlation and lines of best fit. Dependent and independent variables. Variation over time.

Reading Lists

McClave, Benson and Sincich (1998) Statistics for Business and Economics 7th Ed. Prentice-Hall 0138402329
M Barrow (2001) Statistics for economics, accounting and business studies 3rd Ed. Prentice Hall 0273646613
Perry R Hinton (1995) Statistics explained : a guide for social science students Routledge 0415102863
G Bancroft and M Fletcher (1998) Improve your maths! : a refresher course Addison-Wesley 0201331306


This module is at CQFW Level 4