ECON BC2411 Statistics for Economics

Instructor: Prof. Ramaa Vasudevan, Fall 2006

Preliminary course description

This course is an introduction to the statistical analysis and probability theory. We will develop the basic tools of statistical analysis by looking at methods used to describe and summarize frequency distributions and then move on to study probability, probability distributions and the notions of random variables and stochastic processes. With this background we will then learn how to make statistical inferences about large populations from the sample data and devise appropriate decision making rules. Students will be using EXCEL software to analyze data sets.

Prerequisites: None.