Economic Statistics

Economics 203

Students must have completed a course on probability and statistical analysis before becoming eligible to take Economics 203. The best course to meet this requirement is Economics 202 at the University of Illinois.

Inferential Statistical Analysis is the common thread tying the topics of Economics 203 together. In this course we briefly review single population cases of hypothesis testing and confidence interval formation before extending this analysis to two population cases. We emphasize mean, variance and proportion as the parameters of interest. We also cover single-factor Analysis of Variance. The most significant portion of the course is regression analysis. We consider simple and multiple regression, consider assumption violations and how to handle them as well as consider qualitative variables, transformations, curvilinear relationships and model building. We end the course with time series analysis.

Downlad the syllabus of the course here.