Methods of Economic Statistics
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Course code
MLM6306.DT
old course code
Course title in Estonian
Majandusstatistika meetodid
Course title in English
Methods of Economic Statistics
ECTS credits
4.0
Assessment form
assessment
lecturer of 2022/2023 Autumn semester
Not opened for teaching. Click the study programme link below to see the nominal division schedule.
lecturer of 2022/2023 Spring 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;
- is able to use methods in volume of a subject.

Teacher
Maria Zeltser
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