ECON 378
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Statistics for Economists
Course Description
Introduction to data description, visualization, and analysis, including underlying mathematics of probability theory and statistics. Topics include: probability, random variables, density and distribution functions, estimation, and hypothesis testing.
When Taught
Contact Department
Min
3
Fixed/Max
3
Fixed
3
Fixed
0
Note
If you plan to complete Econ 110 and/or Math 112 through Independent Study, this class cannot be registered for until the Independent Study course is completed.
Title
Intellectual curiosity, humility, persistence, and patience
Learning Outcome
Development of intellectual curiosity, humility, persistence, and patience in asking questions and interpreting evidence Students will ask questions and develop tools to answer those questions Students will exhibit habits of integrity in analyzing data Students will recognize the limitations of descriptive statistics and avoid overclaiming causality
Title
Analyze and interpret models with known population distributions
Learning Outcome
Application of statistical methods to analyze and interpret models with known population distributions Students will calculate the probabilities of simple event using tools such as combinatorics, Bayes' rule, and the law of total probability. Students will use random variables to model and interpret real-world phenomena with one or two variables. Students will describe and interpret relationships between variables using correlation and regression.
Title
Analysis of sample data to draw inferences about a population
Learning Outcome
Analysis of sample data to draw inferences about a population of interest Students will apply statistical methods to derive estimates of population characteristics from sample data. Students will evaluate properties of sample estimators of population parameters Students will compute margins of error for estimates. Students will conduct and interpret hypothesis tests of population parameters.
Title
Investigation of economic questions through data analysis
Learning Outcome
Formulation and investigation of economic questions through data analysis Students will use foundational coding tools to manage and analyze data. Students will complete a signature project demonstrating integration of course learning objectives.
