ECON6311 - Statistics for Economists

ECON 6311 (GISC 6311) Statistics for Economists (3 semester hours) The course introduces calculus-based statistical analysis and probability theory, providing background for econometrics and economic modeling of simple stochastic processes. Standard probability distributions are covered, including Bernoulli, binomial, negative binomial, hypergeometric, Poisson, normal, gamma, beta, t and F distributions. Estimation and hypothesis testing are discussed. Introductory asymptomatic theory, including the Law(s) of Large Numbers and the Central Limit Theorem, will be covered as well as real-world applications of probability theory as time permits. (2-3) Y