Essential Statistics for Economics and Econometrics

About

This is an introductory course on statistics and how it can be used to answer questions about the world.

Our emphasis is on applications in the social and natural sciences. Starting with the foundations of probability and distribution theory, we will use practical examples to introduce important statistical skills, from descriptive statistics to sampling and inference. In addition to these examples, we will conduct interactive experiments in the classroom to demonstrate the use of key techniques.

The course should be of value to anyone intending to pursue further study in statistics or any other field involving the analysis of data.

Course leader

Dr Miltiadis Mavrakakis

Target group

Undergraduate and Graduate students

Prerequisites: no previous knowledge of statistics will be assumed, but the use of formulae and the ability to perform basic algebraic manipulations will be necessary. Some knowledge of basic calculus, although not necessary, would be an advantage.

Course aim

- To understand that the point of statistics is to answer questions about the world.
- To learn to work with data, from constructing simple visual and numerical summaries, to fitting models and assessing the accuracy of their predictions.
- To develop the ability to critically evaluate uses (and misuses) of statistics.

Fee info