Module Identifier EC10910  
Academic Year 2004/2005  
Co-ordinator Mr Alan Jones  
Semester Semester 2  
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

** Supplementary Text
Swift, Louise. (2001.) Quantitative methods for business, management and finance /Louise Swift. Palgrave 0333920759
Keller, Gerald and Warrack, Brian (c2000.) Statistics for management and economics. Duxbury 0534368301 :
McClave, Benson and Sincich (1998) Statistics for Business and Economics 8/e. Pearson 013028766
** Consult For Futher Information
Curwin, Jon. (1996.) Quantitative methods for business decisions /Jon Curwin and Roger Slater. International Thomson Business Press 1861520271
Curwin, Jon (2000.) Improve your maths :a refresher course /Jon Curwin and Roger Slater. Business Press 1861525516


This module is at CQFW Level 4