Unit name | Probability, Statistics and Econometrics |
---|---|
Unit code | EFIM10024 |
Credit points | 20 |
Level of study | C/4 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Dr. Proud |
Open unit status | Not open |
Pre-requisites |
Mathematics for Economics |
Co-requisites |
None |
School/department | School of Economics |
Faculty | Faculty of Social Sciences and Law |
Economics, as a social science, relies on analysis of observed data to test and improve theoretical models. This unit introduces the probability and statistical tools that students will need in further years of study. In this unit, students will see topics including:
Students will be able:
Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities
Portfolio of assignments (40%) (Assesses all learning outcomes)
Applied econometrics essay, requiring students to engage with published research (60%) (Assesses Learning Outcomes [1]-[3])
There is no single textbook for this unit, but the following texts will be helpful companions:
Statistics:
Crawshaw, D.J., and Chambers, J.S. (2013) A concise course in Advanced Level Statistics with worked examples
Econometrics
Stock J. and Watson M. (2007) Introduction to Econometrics 3rd edition Pearson Education, New York
Gujarati D. and D. Porter (2010) Essentials of Econometrics (4th Edition) McGraw Hill Irwin