Statistical Methods in Economics

Course code

MLM6231.DT

old course code

MLM6231

Course title in Estonian

Statistilised meetodid majanduses

Course title in English

Statistical Methods in Economics

ECTS credits

5.0

Assessment form

assessment

lecturer of 2023/2024 Spring semester

Not opened for teaching. Click the study programme link below to see the nominal division schedule.

lecturer of 2024/2025 Autumn semester

Not opened for teaching. Click the study programme link below to see the nominal division schedule.

Course aims

Optional subject, or Minor (Mathematical Economics) subject. To give overview about statistical methods in economics and about possibilities of Excel in statistics.

Brief description of the course

Hypotheses testing in economics. Forecasts in economics. Decision-making process. Concept of model. Statistical models. Process of modelling. Confidence level of the model. The statistical importance of parameters of the model. The elementary analysis of time series. Trend fitting. The factor analysis. Opportunities of MS Excel in economic statistics.

Learning outcomes in the course

Upon completing the course the student:

Knows mathematical facts and is able to use methods in volume of a subject.

Knows mathematical facts and is able to use methods in volume of a subject.

Teacher

van teadur Maria Zeltser

Study programmes containing that course

Mathematics, Mathematical Economics and Data Analysis (MLMB/12.DT)

Mathematics, Mathematical Economics and Data Analysis (MLMB/11.DT)

Mathematics, Mathematical Economics and Data Analysis (MLMB/10.DT)

Mathematics, Mathematical Economics and Data Analysis (MLMB/09.DT)

Mathematics, Mathematical Economics and Data Analysis (MLMB/08.DT)

Mathematics, Mathematical Economics and Data Analysis (MLMB/11.DT)

Mathematics, Mathematical Economics and Data Analysis (MLMB/10.DT)

Mathematics, Mathematical Economics and Data Analysis (MLMB/09.DT)

Mathematics, Mathematical Economics and Data Analysis (MLMB/08.DT)