Welcome

Statistics

Course Description

The Economics course introduces students to fundamental economic concepts and theory, including demand, supply, and the formation of equilibrium prices in product and resource markets. In addition, the course offers an introduction to applied areas like industrial organisation (market structure), labour economics, unionism, international trade, and public economics.

Access the Discussion Board to communicate with classmates.

Course Outline

The following provides an outline of the course as well as available lecture materials and resources:

Week One: Introductory Statistics

Resources: Lecture Notes | Revision Questions

Week Two: Probability

Resources: Lecture Notes | Revision Questions

Week Three: Methods for Describing Data

Resources: Lecture Notes | Revision Questions

Week Four: Prices

Week Five: Random Variables and Discrete Probability Distributions

Week Six: Numerical Summary Methods

Week Seven: Continuous Probability Distributions

Week Eight: Sampling Distributions

Week Nine: Estimation Using A Single Sample

Week Ten: Hypothesis Testing Using A Single Sample

Week Eleven: Revision Session

Week Twelve: Exam Techniques and sample questions