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Viewing: ECON 6374 : Probability and Statistics for Economics

Last approved: Thu, 21 Apr 2016 09:12:45 GMT

Last edit: Fri, 08 Apr 2016 15:33:20 GMT

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Programs referencing this course
Columbian College of Arts and Sciences
Economics (ECON)
ECON
6374
Probability and Statistics for Economics
Prob and Stat for Econ
Fall 2015
3
Course Type
Lecture
Default Grading Method
Letter Grade
graduate applied economics majors only
No
No

Corequisites

30

Frequency of Offering

Term(s) Offered

Are there Course Equivalents?
No
 
No
Fee Type


No


Focus on specific probability and statistical inference skills required for applied economic problems. Topics include laws of probability, limit laws, random events, independence and dependence, expectations, Bayes theorem, estimation, and hypothesis testing. Discrete and continuous random variables, density, and distribution functions. Various distributional models for observational data. Data manipulation and analysis using both SAS and Stata software. Emphasis on general methods applicable to econometrics.
As a result of completing this course, students will be able to: 1. Apply laws of probability to economic questions. 2. Perform and evaluate hypothesis tests and other statistical methods for economic analysis. 3. Utilize both Stata and SAS software for data gathering and manipulation as well as statistical analysis relevant for economic research.
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Key: 9876