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ECO253 Social Sciences 3 Units intermediate

Statistics for Economist I

This course introduces fundamental statistical concepts and techniques essential for economists. It covers probability distributions, hypothesis testing, correlation, and regression analyses. Students will learn to gather and manipulate economic data, perform basic statistical tests, and apply statistical models to real-world scenarios. The course also explores non-parametric methods, sampling theory, and the central limit theorem, equipping students with the skills to solve problems using statistical software and interpret economic data effectively.

Take a practice test or generate AI study notes to help you excel in this course.

120h
Study Time
13
Weeks
9h
Per Week
intermediate
Math Level
Course Keywords
StatisticsEconometricsProbabilityRegressionHypothesis Testing

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
📊
Math Level
Moderate Math
🔬
Learning Type
Hands-on Practice

Course Topics

Key areas covered in this course

1

Probability Distributions

2

Hypothesis Testing

3

Correlation Analysis

4

Regression Analysis

5

Sampling Theory

6

Central Limit Theorem

7

Index Numbers

Total Topics7 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

Assignments

Comprehensive evaluation of course material understanding

Written Assessment

Tutor-Marked Assessments

Comprehensive evaluation of course material understanding

Written Assessment

Final Examination

Comprehensive evaluation of course material understanding

Computer Based Test

Career Opportunities

Explore the career paths this course opens up for you

Economist

Apply your skills in this growing field

Data Analyst

Apply your skills in this growing field

Market Research Analyst

Apply your skills in this growing field

Financial Analyst

Apply your skills in this growing field

Statistician

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

FinanceEconomicsMarket ResearchGovernmentConsulting

Course PDF Material

Download the complete course material as provided by NOUN.

Download PDF Material

Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Review all module objectives and key concepts from each unit.

2

Practice solving numerical problems from the examples in the study units.

3

Create concept maps linking probability distributions, hypothesis tests, and regression techniques.

4

Focus on understanding the assumptions and limitations of each statistical method.

5

Practice interpreting statistical results and drawing economic conclusions.

6

Review all Tutor Marked Assignments (TMAs) and their solutions.

7

Allocate study time proportionally to the weight of each module in the final examination.