Essential Statistics for Economics & Econometrics
Dates: 8 - 26 July, 2013
Course Structure: The content of the course will be presented by formal lectures supported by classes. The lectures will explain the concepts and methods of statistics and will demonstrate these with examples. Full lecture notes will be given for each lecture and sets of exercises will be distributed. These are a vital part of the course and their solutions will be discussed in the classes; full worked solutions will also be distributed. Visual learning material will also be available for each chapter, allowing students to watch recorded videos of lectures and problem solving for all topics covered on the course.
Course Objectives: This is an introductory course on statistics with examples to demonstrate its application in business and economics. There will be a strong emphasis on the concepts and application of probability theory, random variables, distributions, sampling theory, statistical inference, correlation and regression.
Statistical inference techniques such as estimation and significance testing are important in the fitting and interpretation of econometric models. Correlation and regression analysis are essential tools for measuring relationships between variables and for prediction. Applications throughout the course will be related to Economics.
This course should be of value to those intending to study any course involving economic modelling and econometrics.
Texts
As full notes will be provided, there will be no need to rely on a particular text. There are several good texts at the right level for this course which can be used in support of the lecture notes, including:
P. Newbold, Statistics for Business and Economics (6th ed.), Prentice Hall (2008).
T.H. Wonnacott & R. J. Wonnacott, Introductory Statistics for Business and Economics, (4th ed.), Wiley (1990).
Lectures: 36 hours Classes: 12 hours
Assessment: Two written examinations
Contenido del curso: 12 horas de clase semanales por las mañanas y conferencias y seminarios por las tardes en función del curso elegido.
Precio total: 3.980 €













